You have lots of choices when insurance shopping for your BMW vehicle. You can get prices from a local agent or shop online to compare rates from many different companies. Shopping for car insurance from online companies is easy and at the same time you might just save a little.
Consumers not familiar with comparison shopping may think shopping for low-cost i3 insurance can be quite difficult. When shopping for car insurance there are multiple ways to compare quotes from car insurance companies in your area. The simplest method to compare i3 insurance cost consists of shopping online. It is quite easy and can be accomplished by comparing rates here.
Auto insurance rates on a BMW i3 can be significantly different based upon several criteria. Taken into consideration are:
A final factor that will help determine i3 insurance rates is the model year. Older cars and trucks have a reduced actual cash value in comparison to older models so the cost to replace them will push premiums down. But newer models may have a trim level with safety features including anti-lock brakes, pedestrian detection, active head restraints, and an advanced theft deterrent system that may help lower rates.
To get more specific information about how much rates will be for your vehicle, select the year of your i3 from available model years below.
Liability coverage - Liability insurance protects you from damages or injuries you inflict on people or other property by causing an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so consider buying as large an amount as possible.
Collision coverages - Collision coverage pays for damage to your BMW resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder. Collision coverage for your i3 can be pricey, so consider dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.
Comprehensive coverage (or Other than Collision) - This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by your BMW i3 comprehensive insurance. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.
Protection from uninsured/underinsured drivers - This protects you and your vehicle's occupants when the "other guys" do not carry enough liability coverage. Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.
Medical payments coverage and PIP - Med pay and PIP coverage provide coverage for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. PIP is not available in all states and gives slightly broader coverage than med pay.
How Much are BMW i3 Insurance Rates?