2017 BMW 5 Series Gran Turismo Car Insurance Cost

Are you frustrated by the sheer number of insurance companies that you can choose from? There are so many companies available that it is hard work to find a cheaper company.

The fastest way that we advise to compare rates is to know car insurance companies participate in a system to give rate comparisons. The only thing you need to do is give the companies some data like whether your vehicle is owned or leased, driver ages, if you’re married, and whether the vehicles are used for commuting. The rating information is instantly sent to insurance companies and they return rate quotes almost instantly.

To start a quote now, click here and complete the form.

Get cheaper insurance coverage rates with discounts

Some insurance providers don’t always advertise all their discounts in an easy-to-find place, so we researched some of the best known in addition to some of the lesser obvious discounts that you may qualify for.

• Homeowners Savings – Owning a home may trigger a policy discount on insurance coverage since owning and maintaining a home demonstrates responsibility.
• Club Memberships – Participating in specific professional or occupational memberships or organizations could trigger savings on insurance coverage.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if offered at their school.
• Defensive Driving Course – Passing a driver safety course could cut 5% off your bill if your company offers it.
• Savings for New Vehicles – Adding a new car to your policy may earn a small discount due to better safety requirements for newer models.

It’s important to note that most discounts do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like you could get a free insurance coverage policy, companies don’t profit that way.

A few of the larger companies and some of their more popular discounts can be found below.

• Farm Bureau policyholders can earn discounts including good student, driver training, youthful driver, safe driver, and multi-policy.
• Liberty Mutual offers discounts for exclusive group savings, preferred payment discount, new graduate, newly married, and teen driver discount.
• State Farm discounts include multiple policy, safe vehicle, student away at school, anti-theft, and multiple autos.
• Auto-Owners Insurance may include discounts for multi-policy, group or association, safe driver, safe vehicle, paid in full, and paperless.
• Geico may offer discounts for emergency military deployment, five-year accident-free, membership and employees, daytime running lights, seat belt use, air bags, and federal employee.
• SAFECO may have discounts that include accident prevention training, safe driver, homeowner, multi-car, teen safe driver, and anti-lock brakes.

If you need inexpensive auto insurance quotes, ask all companies you are considering which discounts you may be entitled to. Discounts may not apply in every state.

Tailor your insurance coverage coverage to you

When choosing coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that may help highlight whether or not you might need professional guidance.

• Should I buy additional glass protection?
• Does insurance cover damages from a DUI accident?
• Does my car insurance cover rental cars?
• How do I buy GAP insurance?
• Is my state a no-fault state?
• What should my uninsured motorist coverage limits be in my state?
• Is my camper covered by my car insurance policy?
• I don’t drive much so do I pay less?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form.

Save money with these tips

Many factors are used when quoting car insurance. A few of the factors are predictable like an MVR report, although some other factors are more transparent like your vehicle usage or your commute time.

• Do you qualify for a multi-policy discount? – The majority of car insurance companies allow lower prices to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, drivers will still want to compare rates to confirm you are receiving the best rates possible. You may still save even more than the discount even if you have your coverage with different companies
• Vocation and insurance rates – Did you know your career choice can influence rates? Occupations like fire fighters, architects and stock brokers are shown to have higher rates than average in part from high stress levels and lots of time spent away from family. On the other hand, jobs like scientists, students and the unemployed have the lowest average rates on 5 Series Gran Turismo insurance.
• Vehicle theft costs us all – Buying a car with anti-theft technology or alarm system can get you a discount on your car insurance. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft and help bring rates down.
• Incidental coverages that may not be needed – There are many additional extra coverages that you can buy on your car insurance policy. Things like rental car coverage, accidental death, and motor club memberships could be just wasting money. The coverages may be enticing at first, but your money might be better spent on other coverage so remove them from your policy.
• Lower premiums with continuous car insurance coverage – Not having insurance can get your license suspended and as a result your rates will increase for letting your insurance lapse for non-payment. Not only will you pay more, failure to provide proof of insurance may result in a revoked license or a big fine. You may then be required to file a SR-22 with your state DMV.

Car insurance buyers beware

Allstate, Geico and Progressive endlessly run ads in print and on television. They all try to convey promises that people will save just by switching your car insurance coverage to their company. That’s great but how can every company charge you a lower premium?

Companies require specific criteria for the type of driver they prefer to insure. A good example of this type of insured could possibly be over age 30, has a low-risk occupation, and drives a safe vehicle. A customer who fits those characteristics gets the lowest premium rates and have a good chance to save some money.

Insureds who don’t meet this stringent profile may be forced to pay higher prices which results in the driver buying from a lower-cost company. If you listen to the ad wording, they say “people who switch” not “everyone who quotes” save that kind of money. That’s why insurance companies can confidently make those statements. Different companies use different criteria so you really should get auto insurance quotes as often as possible. It’s not possible to predict which car insurance company will provide the lowest auto insurance rates.

Parts of your insurance policy

Learning about specific coverages of your insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Liability coverages

Liability coverage can cover damage or injury you incur to a person or their property. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims like structural damage, repair costs for stationary objects, legal defense fees and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Auto collision coverage

This pays for damage to your 5 Series Gran Turismo caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like crashing into a ditch, sideswiping another vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your BMW 5 Series Gran Turismo.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like X-ray expenses, chiropractic care, nursing services, EMT expenses and hospital visits. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as fire damage, theft, damage from getting keyed and hitting a bird. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

More effort can pay off

In this article, we covered a lot of ways to reduce 2017 BMW 5 Series Gran Turismo insurance premium rates online. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may be surprised to find that the lowest premium rates are with some of the smallest insurance companies.

The cheapest 2017 BMW 5 Series Gran Turismo insurance can be bought both online and also from your neighborhood agents, so you need to quote auto insurance with both to get a complete price analysis. Some companies do not offer the ability to get quotes online and usually these regional carriers provide coverage only through local independent agents.

Consumers who switch companies do it for a variety of reasons including being labeled a high risk driver, delays in responding to claim requests, unfair underwriting practices and policy non-renewal. It doesn’t matter what your reason, finding a great new company is less work than it seems.

More detailed auto insurance information can be read in the articles below:

• Event Data Recorders FAQ (iihs.org)
• Avoiding Deer Collisions (Insurance Information Insitute)
• Understanding Your Insurance Deductible (Insurance Information Insitute)
• What is Full Coverage? (Allstate)
• Auto Crash Statistics (Insurance Information Insitute)