2018 BMW X1 Insurance Quotes

Searching for the cheapest insurance for a BMW X1 can turn out to be a painful process, but you can use a few tricks to make it easier.

There is a better way to find car insurance online so we’re going to tell you the quickest way to price shop coverage for a new or used BMW and get the cheapest rates from local insurance agents and online providers.

You should take the time to get comparison quotes quite often because prices are usually higher with each renewal. Even if you think you had the lowest rates for X1 coverage a couple years back you can probably find a better premium rate now. Block out anything you think you know about car insurance because we’re going to show you the tricks you need to know to save on car insurance.

Compare free insurance quotes

Shopping for lower insurance rates can be a daunting task if you don’t understand the easiest way. You can waste hours driving to agents in your area, or you could use online quotes to accomplish the same thing much quicker.

Most car insurance companies take part in a program where insurance shoppers enter their policy data once, and at least one company can give them a price based on that information. This system prevents you from having to do repetitive form submissions for each company you want a rate for.

To compare rates now click here to start a free quote.

The one disadvantage to using this type of form is you are unable to specify the companies to get pricing from. If you prefer to choose specific insurance companies to receive pricing from, we put together a list of companies who write insurance in your area. Click here to view list.

It doesn’t matter which method you choose, just compare nearly identical information for each quote you get. If you enter different coverage information it will be nearly impossible to determine the lowest rate for your BMW X1.

Insurance companies offer money-saving discounts

Insurance can be prohibitively expensive, but there could be significant discounts that you may not even be aware of. Some discounts apply automatically when you complete an application, but a few must be requested specifically before being credited.

• No Claim Discounts – Drivers who stay claim-free pay much less as compared to accident-prone drivers.
• Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in school.
• Student Discounts – Being a good student can earn a discount of 20% or more. The discount lasts up to age 25.
• Membership in Organizations – Being in a qualifying organization can get you a small discount when shopping for insurance.
• Distant College Student Discount – Older children who live away from home to go to college and do not have access to a covered vehicle can receive lower rates.
• Cautious Drivers – Insureds who avoid accidents can pay as much as 50% less for X1 coverage compared to rates paid by drivers with frequent claims.
• Telematics Data – Policyholders that allow data collection to monitor driving patterns by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they are good drivers.
• Braking Control Discount – Cars and trucks with ABS and/or traction control are safer to drive so companies give up to a 10% discount.
• Pay Early and Save – By paying your entire bill at once rather than spreading payments over time you can actually save on your bill.

Discounts save money, but please remember that most credits do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that you can get free auto insurance, insurance companies aren’t that generous. But any discount will cut your overall premium however.

The best insurance companies and their possible discounts are included below.

• State Farm offers discounts including driver’s education, defensive driving training, passive restraint, student away at school, and multiple policy.
• American Family includes discounts for good driver, TimeAway discount, bundled insurance, defensive driver, early bird, good student, and Steer into Savings.
• Geico discounts include good student, air bags, military active duty, anti-theft, and membership and employees.
• 21st Century policyholders can earn discounts including anti-lock brakes, theft prevention, good student, air bags, and homeowners.
• Progressive may have discounts that include continuous coverage, multi-policy, online quote discount, online signing, and good student.

Check with all the companies how many discounts you can get. Some discounts listed above may not apply in your area.

Do I just need basic coverages?

When it comes to buying the best auto insurance coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique.

For example, these questions can help discover whether you would benefit from an agent’s advice.

• Can I get a multi-policy discount?
• Do I need PIP (personal injury protection) coverage in my state?
• Should I carry comprehensive and collision coverage?
• How do I insure my teen driver?
• Am I covered if hit by an uninsured driver?
• Am I better off with higher deductibles on my 2018 BMW X1?
• Am I getting all the discounts available?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and may give you better protection.

Informed drivers can cut their insurance rates

Smart consumers have a good feel for some of the elements that play a part in calculating the rates you pay for insurance. When you understand what impacts premium levels, this empowers consumers to make smart changes that may result in lower insurance prices.

• Too many insurance claims will drive premiums up – Companies generally give discounts to drivers that do not abuse their auto insurance. If you are a frequent claim filer, you can expect higher premiums or even policy non-renewal. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
• Your vocation may affect prices – Do you have a high-stress occupation? Careers like real estate brokerspolice officers and emergency personnel tend to have higher average rates in part from stressful work requirements and lengthy work days. Other occupations like scientists, engineers and performers pay the least for X1 coverage.
• Getting married can lower rates – Having a significant other may save some money when shopping for insurance. Marriage generally demonstrates drivers are more mature and responsible it has been statistically shown that being married results in fewer claims.
• Eliminate unneeded incidental coverages – There are many additional coverages that you can get tricked into buying if you aren’t diligent. Insurance for things like vanishing deductibles, death and dismemberment, and Farm Bureau memberships are probably not needed. They may seem like a good idea when buying your policy, but if you have no use for them think about removing them and cutting costs.
• Liability protection limits are a factor – Your insurance policy’s liability coverage will protect you if ever you are determined to be liable for causing damage or personal injury in an accident. It will provide legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should carry high limits.
• More annual miles equals more premium – Driving more miles in a year’s time the more it will cost to insure it. Most insurance companies price each vehicle’s coverage based upon how much you drive. Vehicles that do not get driven very much get more affordable rates compared to those used for work or business. Having an incorrect usage rating on your X1 can result in significantly higher rates. Make sure your insurance declarations sheet correctly shows the correct usage for each vehicle, because it can save money.
• Consider raising comp and collision deductibles – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your BMW from damage. Examples of some claims that would be covered are a dented fender, hitting a deer, and damage from a fallen tree branch. Physical damage deductibles define how much you are required to spend before a claim is paid by your company. The higher the amount you choose to pay out-of-pocket, the better rate you will receive for X1 coverage.

Car insurance policy coverages for a BMW X1

Knowing the specifics of a car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Car insurance terms can be confusing and nobody wants to actually read their policy.

Collision insurance

Collision insurance will pay to fix damage to your X1 caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as driving through your garage door, crashing into a ditch and colliding with a tree. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Comprehensive car insurance

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as rock chips in glass, damage from getting keyed, vandalism, fire damage and hitting a bird. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical expenses

Med pay and PIP coverage reimburse you for expenses for doctor visits, nursing services, EMT expenses and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Coverage for liability

This protects you from injuries or damage you cause to a person or their property in an accident. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers claims such as pain and suffering, medical expenses and emergency aid. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

You can do this!

While you’re price shopping online, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where drivers have reduced comprehensive coverage or liability limits only to discover later that it was a big error on their part. Your focus should be to buy enough coverage at the best price.

Throughout this article, we presented a lot of information how to lower your 2018 BMW X1 insurance prices. The key thing to remember is the more quotes you get, the higher your chance of finding the cheapest auto insurance. Consumers may even find the best prices are with a small mutual company.

There are still a few companies who do not provide the ability to get a quote online and many times these small, regional companies work with local independent agencies. Lower-priced 2018 BMW X1 insurance can be found from both online companies in addition to local insurance agencies, and you need to price shop both to have the best rate selection.

Additional auto insurance information is available at these links:

• Drunk Driving Statistics (Insurance Information Insitute)
• Alcohol Impaired Driving FAQ (iihs.org)
• State Laws for Cellphones and Texting (iihs.org)
• Car Insurance: When not to Skimp (BankRate.com)