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BMW 2 Series Insurance Rates

You have many choices when comparing insurance rates on your BMW vehicle. You can either contact a local agent or shop online to compare rates from companies. Comparing auto insurance by quoting online is easy, in addition you might just save a little.

Beginners to comparing rates may think buying cut-rate 2 Series insurance is hard. Finding a better price on auto insurance is a fairly straight forward process. Consumers just need to spend a few minutes to get quotes from different insurance companies. This can be done by comparing rates here.

Criteria which help determine your insurance rates

Auto insurance rates for your BMW 2 Series will vary greatly based upon several criteria. A few of these criteria are:

  • More performance equals higher cost
  • Accidents may increase your rates
  • Multiple policies can save money
  • Pleasure, commuting or business use can affect rates
  • Extra coverages like towing and rental
  • Claims drive up premiums
  • Not allowing your coverage to lapse can save money
  • Owning a home can lower rates

A final factor that can impact 2 Series insurance rates is the model year. Newer models have a higher value in comparison to later models so repair costs are higher which will push premiums up. Conversely, more recent BMW vehicles may have a trim level with safety features such as blind-spot warning system, sideview assist mirrors, tire pressure monitors, and pedestrian detection so those may lower rates.

To get a better idea how much rates will be for your vehicle, select the year of your 2 Series from the following list.

Liability coverages - Liability insurance will cover injuries or damage you cause to other's property or people. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so consider buying as much as you can afford.

Collision coverage - This coverage will pay to fix damage to your BMW resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive (Other than Collision) - Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by your BMW 2 Series comprehensive insurance. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured and underinsured coverage - This coverage protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Coverage for medical payments - Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills (i.e. ambulance fees, surgery, and doctor visits). They are often utilized in addition to your health insurance plan or if you do not have health coverage. PIP is only offered in select states and gives slightly broader coverage than med pay.

How Much are BMW 2 Series Insurance Rates?

Popular U.S. Cities for BMW 2 Series Insurance

  • Louisville, KY
  • San Diego, CA
  • Los Angeles, CA
  • Fort Worth, TX
  • Jacksonville, FL
  • Cleveland, OH
  • Omaha, NE
  • Seattle, WA
  • Virginia Beach, VA
  • Raleigh, NC
  • Denver, CO
  • San Francisco, CA
  • Wichita, KS
  • Nashville, TN
  • Chicago, IL