View 1999 BMW 5 Series Insurance Quotes

Looking for cheaper insurance coverage rates for your BMW 5 Series? Finding cheaper insurance for your BMW 5 Series can be difficult, but you can learn the following methods to save time. There are more efficient ways to find insurance coverage online and we’ll show you the best way to quote coverages on a BMW and find the best price possible from both online companies and local agents.

If you have a current insurance policy or are just looking to switch companies, you can use these techniques to reduce the price you pay while maintaining coverages. Pricing the best protection is easy if you know what you’re doing. Drivers just need to know the best way to shop on the web.

Verify you’re getting all your discounts

Companies offering auto insurance don’t always advertise all their discounts very clearly, so we researched some of the more common as well as the least known auto insurance savings. If you’re not getting every credit possible, you are paying more than you should be.

  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Multiple Cars – Buying coverage for all your vehicles with the same company may reduce the rate for each vehicle.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you could save up to 5%.
  • Safety Course Discount – Taking part in a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
  • Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and earn discounts up to 10%.
  • Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on 5 Series coverage than their less cautious counterparts.
  • Senior Discount – If you qualify as a senior citizen, you may be able to get a small decrease in premiums on 5 Series coverage.

Keep in mind that most of the big mark downs will not be given the the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky.

For a list of insurers with the best auto insurance discounts, click here to view.

When should I talk to an agent?

When it comes to choosing adequate coverage for your personal vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions might help in determining if you could use an agent’s help.

  • Does my personal policy cover me when driving out-of-state?
  • How does medical payments coverage work?
  • How can I get my company to pay me more for my totalled car?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is motorclub coverage worth it?
  • Is a fancy paint job covered?
  • When does my teenage driver need to be added to my policy?
  • Does car insurance cover theft of personal property?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Drivers who switch save $475 a year? Really?

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of State Farm and Allstate. All the ads say the same thing about savings if you switch your coverage to them.

How does each company make the same claim?

All the different companies can use profiling for the driver that makes them money. An example of a preferred risk might be over the age of 50, has no prior claims, and has a high credit rating. A customer who meets those qualifications will get very good rates and therefore will pay quite a bit less when switching companies.

Drivers who don’t measure up to the “perfect” profile will be quoted higher prices and ends up with the customer not buying. The ad wording is “customers who switch” not “everybody who quotes” save money. That’s the way insurance companies can confidently advertise the way they do. This emphasizes why it’s extremely important to get as many quotes as possible. Because you never know which company will have the lowest BMW 5 Series insurance rates.

Insurance coverage specifics

Knowing the specifics of a insurance policy can help you determine the right coverages and the correct deductibles and limits. Insurance terms can be confusing and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your 1999 BMW 5 Series.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as scraping a guard rail, crashing into a building, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.

Liability auto insurance

Liability insurance provides protection from damage or injury you incur to people or other property by causing an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage pays for claims like emergency aid, loss of income and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for expenses such as ambulance fees, EMT expenses, nursing services, pain medications and dental work. They are used in conjunction with a health insurance program or if there is no health insurance coverage. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like falling objects, damage from getting keyed, hitting a bird, fire damage and damage from flooding. 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 removing comprehensive coverage.

Don’t break the bank

When shopping online for insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped full coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

We just presented a lot of ways to reduce 1999 BMW 5 Series insurance prices online. The key thing to remember is the more companies you get rates for, the better your comparison will be. Consumers could even find that the best prices are with an unexpected company.

People switch companies for a variety of reasons including not issuing a premium refund, delays in paying claims, poor customer service or lack of trust in their agent. Regardless of your reason for switching companies, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Additional information