2004 BMW Z4 Car Insurance Quotes – 7 Tricks for Cheaper Rates

Drivers have options when trying to find the lowest priced BMW Z4 insurance. You can either spend your time contacting agents to compare prices or leverage the internet to find the lowest rates.

There are both good and bad ways to compare auto insurance rates and you need to know the quickest way to quote coverages for your BMW and get the lowest possible price either online or from local insurance agents.

It’s important to shop coverage around occasionally due to the fact that insurance rates tend to go up over time. Just because you found the best deal on Z4 insurance six months ago there is a good chance you can find better rates now. Block out anything you think you know about auto insurance because you’re about to find out one of the quickest ways to get good coverage at a lower rate.

Finding Auto Insurance

All the larger auto insurance companies such as Allstate, Geico and Progressive give prices on the web. Getting online rates is quite simple as you just enter your coverage information into a form. After the form is submitted, the company’s rating system gets information on your driving record and credit history and quotes a price based on these factors.

Quoting online helps simplify price comparisons, but having to visit multiple sites and type in the same information can be a bit repetitive. But it is imperative to have as many quotes as possible in order to find the best price possible.

The preferred way to lower your rates uses one simple form that gets price quotes from a bunch of companies at once. It’s a real time-saver, reduces the work, and makes online shopping much simpler. Once the form is submitted, it gets priced and you are able to buy your choice of the quote results.

If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. It can be completed in a matter of minutes and can result in significant savings.

To find out if lower rates are available, click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you replicate your coverages identical to your current policy. Doing this assures you will receive a rate comparison for exact coverage.

Be sure to get all your discounts

Insurance can be prohibitively expensive, but discounts can save money and there are some available to help offset the cost. A few discounts will automatically apply when you purchase, but lesser-known reductions have to be requested specifically before being credited. If you don’t get every credit available, you are throwing money away.

Discount for New Cars – Adding a new car to your policy can save up to 30% due to better safety requirements for new cars.
Auto/Life Discount – Companies who offer life insurance give a break if you buy auto and life insurance together.
Clubs and Organizations – Being a member of a qualifying organization could trigger savings when buying insurance coverage on Z4 insurance.
Claim Free – Drivers with accident-free driving histories pay much less compared to frequent claim filers.
Use Seat Belts – Buckling up and requiring all passengers to use their safety belts could cut 10% or more off your PIP or medical payments premium.
Passive Restraint Discount – Factory air bags or motorized seat belts can qualify for discounts of more than 20%.
Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.

It’s important to understand that some of the credits will not apply the the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. So even though it sounds like adding up those discounts means a free policy, you’re out of luck. Any qualifying discounts will help reduce your premiums.

Car insurance companies who might offer these money-saving discounts include:

Double check with each insurance company which discounts they offer. Some discounts might not apply in your state.

How do I know if I need professional advice?

When it comes to choosing proper insurance coverage for your vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine if your insurance needs will benefit from professional help.

If my 2004 BMW Z4 is totaled, can I afford another vehicle?
What is high-risk coverage and where do I buy it?
What companies insure drivers after a DUI or DWI?
I don’t drive much so do I pay less?
What are the best liability limits?
Is my custom paint covered by insurance?
Why am I required to buy liability insurance?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and can help protect your family.

Auto insurance coverages

Knowing the specifics of insurance can help you determine the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverage (or Other than Collision)

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

Comprehensive coverage protects against claims like vandalism, hitting a bird, a tree branch falling on your vehicle, rock chips in glass and damage from flooding. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your 2004 BMW Z4.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Insurance for medical payments

Med pay and PIP coverage pay for expenses such as doctor visits, EMT expenses, nursing services, ambulance fees and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Auto collision coverage

This coverage pays for damage to your Z4 resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as backing into a parked car, crashing into a ditch, damaging your car on a curb, hitting a parking meter and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability

Liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as pain and suffering, emergency aid and medical expenses. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.