2015 BMW ActiveHybrid 5 Insurance Rates

Want lower auto insurance rates for your BMW ActiveHybrid 5? Frustrated by the dozens of auto insurance providers in your area? There are so many providers to choose from that it can easily become a big hassle to locate the lowest rates.

Quote BMW ActiveHybrid 5 insurance cheaper

One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that come into play when calculating your policy premiums. When you understand what determines premiums, this allows you to make good choices that will entitle you to lower premium levels. Lots of things are taken into consideration when quoting car insurance. Some are pretty understandable like a motor vehicle report, but others are less apparent like where you live or your commute time.

• Does your job raise your rates? – Careers such as military personnelair traffic controllers and stock brokers tend to have higher rates than the rest of us in part from stressful work requirements and extremely grueling work hours. Other professions such as professors, historians and performers receive lower rates for ActiveHybrid 5 coverage.
• Protect yourself with liability – Your insurance policy’s liability coverage provides coverage in the event that you are determined to be liable for causing personal injury or damage in an accident. Liability provides legal defense coverage which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
• Your address can modify costs – Choosing to live in less populated areas of the country can be a good thing if you are looking for the lowest rates. Fewer people corresponds to lower accident rates and a lower car theft rate. People in densly populated areas have to deal with more road rage incidents and more severe claims. More time on the road means higher likelihood of an accident.
• Marriage is a factor – Having a significant other actually saves money on your insurance policy. It means you’re more responsible and insurance companies reward insureds because drivers who are married file infrequent claims.
• Theft deterrents save – Selecting a car model with advanced anti-theft systems can earn a premium discount. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your car from being stolen.
• Save money by eliminating extra policy coverages – There are a ton of optional add-on coverages you can purchase on your insurance policy. Coverages like vanishing deductibles, towing, and motor club memberships are examples of these. These may sound like a good investment when deciding what coverages you need, but if you’ve never needed them in the past remove them and pocket the money.

Don’t overlook these auto insurance discounts

Auto insurance is not an enjoyable expense, but companies offer discounts that you may not even be aware of. Certain discounts will be triggered automatically when you get a quote, but a few must be inquired about in order for you to get them. If you do not check that you are getting every discount possible, you could be getting lower rates.

• ABS and Traction Control Discounts – Cars and trucks with ABS and/or traction control are much safer to drive and qualify for as much as a 10% discount.
• Student Discounts – This discount may save as much as 25% on a insurance coverage quote. You can use this discount normally up to age 25.
• Low Mileage – Driving fewer miles could be rewarded with lower premium rates due to less chance of an accident.
• College Student Discount – who live away from home to go to college without a vehicle on campus can receive lower rates.
• Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts as much as 30%.

Discounts save money, but please remember that most credits do not apply to the entire cost. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though it sounds like all those discounts means the company will pay you, companies wouldn’t make money that way. But all discounts will definitely reduce your premiums.

Companies and the discounts they provide can be found below.

• Geico discounts include defensive driver, driver training, anti-lock brakes, seat belt use, multi-vehicle, and good student.
• Mercury Insurance offers discounts for professional/association, annual mileage, anti-theft, low natural disaster claims, good student, and multi-policy.
• Farmers Insurance has savings for multi-car, business and professional, pay in full, switch companies, alternative fuel, and mature driver.
• Auto-Owners Insurance may include discounts for multiple vehicles, anti-lock brakes, mature driver, company car, and student away at school.
• Liberty Mutual offers premium reductions for new move discount, exclusive group savings, newly retired, newly married, and new graduate.
• SAFECO policyholders can earn discounts including multi-car, homeowner, teen safe driver, anti-lock brakes, accident prevention training, and drive less.
• Progressive may offer discounts for multi-vehicle, homeowner, good student, online quote discount, multi-policy, online signing, and continuous coverage.
• USAA offers discounts including multi-policy, annual mileage, multi-vehicle, driver training, military installation, and defensive driver.

Before you buy a policy, ask every insurance company to give you their best rates. Some discounts listed above may not apply to policies in your state. To locate companies with discount rates, click this link.

When to get professional advice

When it comes to choosing the best insurance coverage for your vehicles, there is no cookie cutter policy. Everyone’s situation is a little different.

These are some specific questions may help highlight whether you might need an agent’s assistance.

• Why am I required to buy high-risk coverage?
• Can my babysitter drive my car?
• Should I put collision coverage on all my vehicles?
• Should I buy more coverage than the required minimum liability coverage?
• Is motorclub coverage worth it?
• What is UM/UIM insurance?
• Do I have any recourse if my insurance company denies a claim?
• Is my camper covered by my car insurance policy?
• I don’t drive much so do I pay less?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form.

Car insurance 101

Learning about specific coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Auto collision coverage

This coverage will pay to fix damage to your ActiveHybrid 5 from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, damaging your car on a curb and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Comprehensive coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, rock chips in glass and falling objects. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for expenses for nursing services, chiropractic care, doctor visits, funeral costs and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability car insurance

Liability insurance protects you from damage that occurs to other’s property or people. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like structural damage, legal defense fees, repair costs for stationary objects, pain and suffering and loss of income. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your BMW ActiveHybrid 5.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

A tidy conclusion

Throughout this article, we presented a lot of techniques to shop for 2015 BMW ActiveHybrid 5 insurance online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding inexpensive insurance coverage. You may even find the best prices are with a small mutual company.

There are still a few companies who do not offer price quotes online and many times these small, regional companies prefer to sell through independent agencies. Cheaper car insurance can be bought online and from local agencies, and you should be comparing both so you have a total pricing picture.

Consumers change insurance companies for many reasons like being labeled a high risk driver, unfair underwriting practices, high rates after DUI convictions and even lack of trust in their agent. Regardless of your reason, choosing a new company is easier than you think.

Additional car insurance information can be read at the links below

• Information for Teen Drivers (Geico)
• Auto Insurance 101 (About.com)
• Side Impact Crash Tests (iihs.org)
• Cellphones, Texting and Driving (iihs.org)
• Driving in Bad Weather (Insurance Information Insitute)
• Neck Injury FAQ (iihs.org)