2016 BMW 2 Series Insurance Quotes – 6 Tips for Best Rates

Want better car insurance rates? Drivers have lots of choices when trying to find the best price on BMW 2 Series insurance. They can either spend hours struggling with agents to compare prices or save time using the internet to compare rates.

There are both good and bad ways to buy car insurance and you need to know the best way to get price quotes on a BMW and locate the lowest price either online or from local insurance agents.

If you have a policy now or need a new policy, you will benefit by learning to cut your premiums and possibly find even better coverage. This information will tell you the most effective way to quote insurance and some tricks to saving. Vehicle owners only need to know the proper way to compare company rates online.

Cheap car insurance rates with discounts

Car insurance is not inexpensive, but you may be missing some discounts that you may not know about. Certain discounts will be triggered automatically when you complete an application, but once in a while a discount must be asked about prior to getting the savings.

  • Anti-lock Brake Discount – Cars and trucks equipped with ABS or steering control have fewer accidents and earn discounts up to 10%.
  • Student Driver Training – Require your teen driver to take driver’s ed class as it will make them better drivers and lower rates.
  • Passive Restraints and Air Bags – Options like air bags or automatic seat belts may earn rate discounts as much as 30%.
  • Discount for Low Mileage – Fewer annual miles on your BMW could earn substantially lower rates.
  • Renewal Discounts – A few car insurance companies offer discounts for buying a policy prior to your current policy expiration. It’s a savings of about 10%.
  • Defensive Driver Discounts – Taking part in a driver safety course can save you 5% or more depending on where you live.

You can save money using discounts, but most credits do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way.

A few popular companies and some of the premium reductions they offer are:

  • State Farm includes discounts for Steer Clear safe driver discount, driver’s education, anti-theft, good driver, good student, and accident-free.
  • American Family policyholders can earn discounts including TimeAway discount, air bags, mySafetyValet, bundled insurance, Steer into Savings, and defensive driver.
  • GEICO has savings for defensive driver, five-year accident-free, driver training, membership and employees, multi-vehicle, anti-theft, and military active duty.
  • 21st Century offers discounts including defensive driver, anti-lock brakes, 55 and older, teen driver, air bags, and good student.
  • Progressive has discounts for online quote discount, continuous coverage, multi-policy, online signing, and homeowner.

When getting a coverage quote, ask every company which discounts you qualify for. All car insurance discounts might not be available to policyholders everywhere. To choose providers that offer some of these discounts, follow this link.

Insurance myths debunked

Drivers can’t avoid all the ads that promise big savings for switching by companies like State Farm, Allstate and GEICO. All the ads make the same claim that drivers will save a bundle if you change your coverage to them.

How do they all save you money?

All the different companies provide the lowest rates for the type of driver that will be a good risk. A good example of this type of driver might be over the age of 40, has had continuous coverage, and drives newer vehicles. A propective insured that meets those criteria gets the lowest prices and will probably save a lot of money.

Drivers who do not match this ideal profile will get higher rates with the end result being business not being written. If you pay attention, the ads say “customers that switch” but not “all drivers who get quotes” save that much. That’s why companies can lure you into getting a quote.

Because of this risk profiling, you really should compare rate quotes every year. Because you cannot predict with any certainty which company will have the best prices.

Tailor your auto insurance coverage to you

When buying the right insurance coverage, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For instance, these questions could help you determine whether your personal situation might need professional guidance.

  • Am I covered when driving someone else’s vehicle?
  • What is roadside assistance coverage?
  • Should I put collision coverage on all my vehicles?
  • What if I owe more than I can insure my car for?
  • Exactly who is provided coverage by my policy?
  • Does my liability insurance cover pulling a trailer or camper?
  • What are the financial responsibility laws in my state?
  • Can I afford to buy a different vehicle if my 2016 BMW 2 Series is totaled?
  • Should I have combined single limit or split liability limits?
  • Are there companies who specialize in insuring high-risk drivers?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

Learn about car insurance coverages for a BMW 2 Series

Understanding the coverages of a car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, theft and hitting a deer. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability auto insurance

Liability coverage protects you from damage that occurs to other people or property by causing an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims such as loss of income, attorney fees and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for expenses for things like doctor visits, rehabilitation expenses, surgery and pain medications. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

Collision insurance covers damage to your 2 Series caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like colliding with another moving vehicle, crashing into a ditch, scraping a guard rail, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your BMW 2 Series.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Affordable insurance is out there

We just presented a lot of ways to compare 2016 BMW 2 Series insurance car insurance rates online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even discover the lowest priced auto insurance comes from an unexpected company.

Consumers switch companies for a variety of reasons including denial of a claim, delays in responding to claim requests, unfair underwriting practices and not issuing a premium refund. No matter why you want to switch, choosing a new company is not as hard as you think.

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There are many occasions where someone dropped liability coverage limits and discovered at claim time they didn’t purchase enough coverage. The goal is to buy a smart amount of coverage for the lowest price and still be able to protect your assets.

More detailed auto insurance information can be found by following these links:

Comments About 2 Series Insurance

  1. Agatha Burris

    I found affordable 2 Series insurance from Progressive in Columbus, OH.

  2. Erminia Robertson

    I live just outside Lincoln, NE. Compared rates from a lot of places. Saved about $20 a month. State Farm was the best choice for me. Insured with Esurance before. Have a couple speeding tickets too.

  3. Shaniqua Stanley

    I compared a lot of rate quotes for a 2 Series in Little Rock, AR. Ended up at about $100 every six months with AAA. Was with GEICO. It’s still not cheap enough. I just carry liability insurance.

  4. Drucilla Richard

    I live in Aurora, CO. Quoted prices from AIG Insurance, Mercury, and Western Auto Insurance for my BMW and saved just over $90 a year. Was with State Farm. Highly recommended. It’s too old for full coverage.

  5. Dorothea Kane

    I’ve bought from GEICO forever. Cheapest rates in Aurora, Colorado.

  6. Maegan Bartlett

    I found affordable 2 Series insurance from Progressive in Charleston, WV.

  7. Romana Farley

    Will 21st Century be cheaper if I raise deductibles?

  8. Samira Neal

    Nice info. I live on the east side of Anchorage, AK. Went online for free insurance quotes for a 2 Series. Ended up at about $110 savings annually. Went with State Farm. Left Esurance to switch. Even increased my liability limits. Are quotes cheaper online?

  9. Raeann Ryan

    This is too expensive. Lifelong resident of Huntington, West Virginia. Got prices from American Family, Esurance, and Safeco for my 2016 BMW 2 Series and saved $104 a year. Teenage drivers are expensive!

  10. Mose Ryan

    From northwest of Missoula, Montana. Got rates from Sentry, Farmers, State Farm, and American Family for my 2 Series and I think I am saving around $20 each month. Left AIG Insurance to switch. It’s still not cheap enough. I don’t put full coverage on it.

  11. Marinda Murray

    I found pretty cheap rate quotes for a 2 Series in Grand Rapids, MI. Ended up at darn near $100 every six months with AIG Insurance. Insured with Amica before. Even increased coverage a bit. My 2016 BMW 2 Series doesn’t have full coverage.

  12. Bernard Perkins

    Affordable car insurance is a myth. Live in Norfolk, VA. Quoted with Hanover, American Family, MetLife, and a couple others for my 2016 BMW 2 Series and saved $76 a year. A clean driving record helps. It never hurts to quote around.