View 2016 BMW 4 Series Insurance Cost

Drivers have lots of choices when trying to find the lowest priced BMW 4 Series insurance. They can either waste time driving around trying to get quotes or save time using the internet to make rate comparisons. There is a right way and a wrong way to buy auto insurance and you need to know the absolute fastest way to compare rates for a new or used BMW and locate the best price possible.

Consumers should take time to do price comparisons as often as possible because auto insurance rates go up and down regularly. Despite the fact that you may have had the best rate for 4 Series coverage at your last renewal you will most likely find a better price today. Block out anything you think you know about auto insurance because we’re going to demonstrate the things you must know in order to buy cheaper auto insurance.

Finding affordable coverage is not that difficult. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these techniques. Drivers just need to know how to compare company rates on the web.

Compare auto insurance quotes

Finding cheap 2016 BMW 4 Series auto insurance quotes is actually easier than you may think. Just invest a few minutes comparing rate quotes from different insurance companies. Shoppers can get rates by following the guidelines below.

  1. The best way consumers can make multiple comparisons is a comparison rater form (click to open form in new window). This type of form saves time by eliminating separate quotes to each individual auto insurance company. Taking the time to complete one form will get you price quotes from all major companies. It’s the fastest way to compare.
  2. A less efficient way to find lower rates consists of visiting the website of each company to complete their respective quote request forms. For sake of this example, let’s say you are doing a rate comparison from Progressive, State Farm and Farmers. To do that, you would have to go to each individual site to input your insurance information, which is why first method is reommended.

    To view a list of companies in your area, click here.

The method you choose is up to you, but be sure to compare the same quote data with each company. If your comparisons have different coverage information it will be impossible to make a fair rate comparison.

Don’t listen to company ads

Consumers get pounded daily by advertisements that promise big savings for switching by companies like Allstate, Geico and Progressive. All the companies tend to make the same promise about how much you will save if you change your insurance coverage coverage to their company.

It sounds good, but how can they all give you a better price? It’s all in the words they use.

Insurance companies have a preferred profile for the type of driver that earns them a profit. One example of a profitable insured could possibly be between the ages of 30 and 50, has had continuous coverage, and has great credit. A customer getting a price quote that fits those parameters will probably get cheap premium rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential insureds who do not meet these standards may be forced to pay higher rates which translates to the customer buying from a different company. If you listen to the ad wording, they say “drivers who switch” but not “all drivers who get quotes” can save as much as they claim. That’s why companies can advertise the savings. This really drives home the point why you need to compare quotes as often as possible. Because you cannot predict which company will have the lowest premium rates for your situation.

Learn how to lower your insurance costs

Lots of factors are used in the calculation when pricing auto insurance. Some factors are common sense such as your driving history, although some other factors are not as apparent such as your credit history or how financially stable you are.When buying car insurance it’s important to understand the different types of things that play a part in calculating the price you pay for car insurance. If you have some idea of what influences your rates, this helps enable you to make changes that can help you get much lower annual insurance costs.

  • Companies want multiple policies – Many insurance companies allow better rates to clients who buy several policies from them such as combining an auto and homeowners policy. Even though this discount sounds good, it’s always a smart idea to compare rates to help ensure you have the lowest rates.
  • Premiums also based on gender – Statistics show that females tend to be a little less risky than males. However, don’t assume that men are worse drivers. Both genders are responsible for auto accidents in similar percentages, but the males have accidents that have higher claims. Not only that, but men also receive more costly citations like reckless driving and DUI.
  • High car insurance claims frequency drives up car insurance rates – If you file a lot of claims you can look forward to higher rates. Auto insurance companies provide the best rates to people who do not file claims often. Insurance coverage is designed for claims that you cannot pay yourself.
  • Cheaper rates with high coverage deductibles – The deductibles you choose represent how much money you are required to spend if the claim is covered. Physical damage coverage, also called ‘full coverage’, covers damage that occurs to your car. Some examples of claims that would be covered are colliding with a stationary object, damage caused by hail, and damage from wind. The more damage repair cost you choose to pay out-of-pocket, the less your company will charge you for insurance for 4 Series coverage.
  • Advanced alarms and GPS tracking – Choosing a vehicle that has a built-in theft deterrent system can help bring down rates. Systems that thwart theives like OnStar, LoJack tracking, and tamper alarms all help stop your vehicle from being stolen.

Lower rates by qualifying for discounts

The price of auto insurance can be rather high, but there may be some discounts to reduce the price significantly. Certain discounts will be triggered automatically when you purchase, but some discounts are required to be inquired about before you will receive the discount. If you do not double check each discount you qualify for, you are not getting the best rate possible.

  • Telematics Data Discounts – Drivers that enable their insurance company to track driving habits by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction as long as they are good drivers.
  • Early Signing – Select insurance companies give a discount for renewing your policy before your current expiration date. Ten percent is about the average savings.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
  • College Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from home without a vehicle on campus could qualify for this discount.
  • One Accident Forgiven – This one is not really a discount per se, but companies like Geico and Allstate permit an accident before raising your premiums as long as you don’t have any claims before the accident.
  • Discount for New Cars – Insuring a vehicle that is new may earn a small discount because newer vehicles are generally safer.
  • Federal Government Employee – Simply working for the federal government can earn a discount up to 10% for 4 Series coverage with a few insurance companies.
  • Discounts for Safe Drivers – Drivers without accidents could pay up to 40% less for 4 Series coverage than their less cautious counterparts.
  • Life Insurance – Larger insurance companies have a break if you buy some life insurance too.

Drivers should understand that most discount credits are not given to the entire policy premium. Some only reduce the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, it just doesn’t work that way.

Some of the larger companies that may offer policyholders most of the discounts above are:

When comparing rates, check with each insurance company which discounts you qualify for. Savings might not be offered in your area. To see providers with discount insurance rates, click here to view.

Insurance is unique, just like you

When choosing coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

These are some specific questions could help you determine whether or not you would benefit from professional advice.

  • How can I force my company to pay a claim?
  • Are my friends covered when driving my car?
  • When can I cancel my policy?
  • If I drive on a suspended license am I covered?
  • Is my nanny covered when driving my vehicle?
  • Is my state a no-fault state?
  • Why do I need rental car insurance?
  • When do I need to add a new car to my policy?
  • Where can I get insurance after a DUI in my state?
  • Does my insurance cover my expensive audio equipment?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Insurance policy specifics

Understanding the coverages of insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Auto liability insurance

Liability insurance provides protection from damages or injuries you inflict on a person or their property in an accident. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as structural damage, loss of income, attorney fees, funeral expenses and medical expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Auto collision coverage

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a ditch, damaging your car on a curb, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Uninsured or underinsured coverage

This coverage provides protection when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and damage to your BMW 4 Series.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense coverage

Med pay and PIP coverage provide coverage for bills for things like dental work, funeral costs, prosthetic devices and surgery. The coverages can be used in conjunction with a health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This coverage covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as theft, damage from getting keyed and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Be a money saver!

When getting insurance coverage quotes online, do not buy lower coverage limits just to save a few bucks. There are many occasions where an insured cut liability limits or collision coverage only to regret that it was a big error on their part. Your goal should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

Drivers leave their current company for a variety of reasons including not issuing a premium refund, an unsatisfactory settlement offer, being labeled a high risk driver or even poor customer service. It doesn’t matter why you want to switch switching car insurance companies is less work than it seems.

In this article, we presented many ideas to reduce 2016 BMW 4 Series insurance rates online. The key thing to remember is the more you quote insurance coverage, the higher the chance of saving money. Consumers may even find the biggest savings come from a lesser-known regional company.

Additional information

Comments About 2016 BMW 4 Series Insurance

  1. Ardelle Miranda

    Like your site, BTW. Quoted with Sentry for my BMW and saved about $300 a year. Thankfully I’m not a high risk driver. Are quotes cheaper online?

  2. Odessa Washington

    If you’re a decent driver and are close to Phoenix, Arizona, check out GEICO. They seem to be cheaper. Was with Safeco.

  3. Laurene Wise

    Thanks for putting this site together. Live in Provo, UT. Got free quotes online for a 2016 BMW 4 Series. Ended up at about $410 savings annually. Went with State Farm. Are quotes cheaper online?

  4. Jeanna Beach

    In Dallas, TX, Amica had the best rates for my 2016 BMW 4 Series. Good savings if you bundle. Hardly afford to drive anymore.

  5. Laverne Mckee

    I live in Mesa, AZ. Went online for free insurance quotes for a 2016 BMW 4 Series. Ended up at about $480 savings annually. Went with Progressive. Insured with Western Auto Insurance before. I have several vehicles insured with them.

  6. Jolene Mcmahon

    IT’S ALL TOO EXPENSIVE! I’m in the west part of Raleigh, NC. Not sure of all the companies but I ended up saving about $50 each month. Not sure if rates are cheaper online or not.

  7. Rhiannon Sears

    Cheap is relative. I’m in the east part of Bridgeport, CT. Quoted with American Family, Mercury, and some smaller one I can’t remember the name of for my BMW and I think I cut my rates about $60 each month. I quoted rates online then called them.

  8. Rasheeda Haney

    I went with Allstate at renewal. Best rates in Knoxville, Tennessee. Hopefully won’t need it. Hardly afford to drive anymore.

  9. Kimberlee Ellison

    I live just to the south of Gaithersburg, MD. Got car insurance rates from Hanover, American Family, Sentry, and a couple others for my BMW and I think I saved around $60 each month. Left Western Auto Insurance to switch.

  10. Sara West

    From northwest of Newark, DE. Got free quotes online for a 2016 BMW 4 Series. Ended up at about $140 savings annually. Went with Allstate. I think they have home insurance too.

  11. Kristie Hale

    When should I drop comp and collision?

  12. Raeann Kemp

    Good detail in your article. I live just outside Tucson, AZ. I don’t recall every quote but I ended up saving about $40 each month. Insured with Travelers before.

  13. Shaina Mckay

    I live in Oklahoma City, OK. I got free quotes with GEICO, Auto-Owners, and some I forget for my 2016 BMW 4 Series and am saving around $550 a year. Good multi-policy discounts.

  14. Carmon Rosa

    Too expensive. I ride a bike.

  15. Olga Mills

    If you have a good history and live near Houston, TX, check out Progressive. You might save some money. Just waiting to see how claims go.

  16. Yer Page

    Hope my rates come down. I’m from Los Angeles, CA. Compared quite a few companies. Saved roughly $50 a month. GEICO was the cheapest option for me. Was with AAA. Ask about discounts.