Finding the cheapest insurance for a BMW 4 Series can be an all-consuming task, but you can use our auto insurance buying tips and make it easy. There is a better way to buy auto insurance and we’ll show you the quickest way to price shop coverage for your BMW and get the cheapest rates from local insurance agents and online providers.
It’s important to get comparison quotes occasionally because auto insurance prices trend upward over time. If you had the best rates for 4 Series coverage six months ago a different company probably has better premium rates today. Forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in the quickest way to remove unneeded coverages and save money.
Performing a rate comparison can be a lot of work if you don’t understand the easiest way. You could waste time driving to insurance companies in your area, or you can stay home and use the internet to quickly compare rates.
Many companies belong to a marketplace that enables customers to enter their policy data once, and each participating company returns a rated price based on that data. This saves time by eliminating quote forms to each individual insurance company.
To participate in this free quote system, click here to open in new window.
The only drawback to using this type of system is you are unable to specify the companies you want pricing from. So if you prefer to choose from a list of companies to compare, we have assembled a list of companies who write insurance in your area. Click here for list of insurance companies.
It’s up to you how you get prices quotes, just do your best to use exactly the same coverage limits and deductibles on every quote. If you have unequal deductibles or liability limits it will be impossible to determine which company has the best rates.
Insurance can cost an arm and a leg, but there may be some discounts to reduce the price significantly. Certain reductions will be credited at the time you complete a quote, but less common discounts must be asked for before being credited.
As a sidenote, some credits don’t apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Despite the appearance that you would end up receiving a 100% discount, nobody gets a free ride.
Larger auto insurance companies and their possible discounts are shown below.
If you want low cost car insurance quotes, ask every prospective company which credits you are entitled to. Savings may not apply in your area. To locate insurance companies that offer the discounts shown above, follow this link.
When buying the best car insurance coverage, there isn’t really a “perfect” insurance plan. Each situation is unique.
For instance, these questions may help highlight if your insurance needs may require specific advice.
If you’re not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.
Learning about specific coverages of car insurance aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.
This coverage will cover damage or injury you incur to other people or property. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.
Liability can pay for claims such as bail bonds, legal defense fees and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your BMW 4 Series.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.
Collision coverage protection
This coverage covers damage to your 4 Series resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things such as damaging your car on a curb, crashing into a ditch, driving through your garage door and hitting a parking meter. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.
Comprehensive car insurance
This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things like hitting a bird, damage from flooding, damage from getting keyed, a tree branch falling on your vehicle and a broken windshield. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like prosthetic devices, dental work and surgery. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible
In this article, we covered some good ideas how to lower your 2015 BMW 4 Series insurance premium rates. The key concept to understand is the more companies you get prices for, the higher your chance of finding inexpensive car insurance. You may even find the best price on insurance is with a small mutual company.
Some insurance companies don’t offer the ability to get quotes online smaller companies only sell coverage through independent insurance agents. Cheaper 2015 BMW 4 Series insurance can be found online and from local insurance agents, and you should compare rates from both so you have a total pricing picture.
Insureds who switch companies do it for a variety of reasons including policy cancellation, being labeled a high risk driver, extreme rates for teen drivers or even high rates after DUI convictions. Regardless of your reason for switching companies, choosing a new insurance company is pretty easy and you might even save some money in the process.
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