Lower Your 2009 BMW M3 Car Insurance Quotes

Have you had enough of robbing Peter to pay Paul to insure your BMW every month? You are no different than millions of other consumers.

Insurance companies such as Geico and Progressive constantly blast consumers with fancy advertisements and it can be hard to sift through the bull and do the work needed to find the best deal.

Comprehensive Auto Insurance Comparison Quotes

Most companies such as Progressive, Allstate and Geico provide prices directly from their websites. Getting quotes doesn’t take a lot of time as you just type in your coverage preferences into the quote form. After the form is submitted, the company’s rating system requests your credit score and driving record and generates a price based on many factors. This simplifies rate comparisons, but having to visit each company’s website and repetitively complete many quote forms can be a bit repetitive. But it’s very important to perform this step if you are searching for the best price on auto insurance.

A quicker way to lower your rates is to use a quote form that gets price quotes from more than one company. It’s a real time-saver, requires much less work on your part, and makes comparison shopping a lot less work. After your information is entered, it is quoted and you are able to buy any or none of the quotes returned. If the quotes result in lower rates, you can click and sign and purchase coverage. This process takes just a few minutes to complete and could lower your rates considerably.

To quickly compare pricing, simply click here to open in new window and submit your coverage information. If you currently have coverage, we recommend you duplicate the coverages exactly as shown on your declarations page. This makes sure you will get rate comparison quotes based on identical coverages.

Are you getting all your discounts?

Car insurance companies don’t necessarily list all their discounts in a way that’s easy to find, so we took the time to find some of the more common and the more hidden savings tricks you should be using.

Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you could save 5% or more.
Homeowners Savings – Simply owning a home may trigger a insurance policy discount because of the fact that having a home shows financial diligence.
Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
Multi-car Discount – Insuring more than one vehicle on one policy qualifies for this discount.
Safe Driver Discount – Safe drivers can get discounts for up to 45% lower rates for M3 insurance than their less cautious counterparts.

It’s important to note that most discounts do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because you may think you can get free auto insurance, companies wouldn’t make money that way.

A partial list of companies that may offer these discounts are:

Before buying, ask all companies you are considering what discounts are available to you. Some discounts may not be available in your state.

Tailor your coverage to you

When buying adequate coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if you would benefit from professional advice.

Should I bundle my homeowners policy with my auto?
Why am I be forced to buy a membership to get insurance from some companies?
Is my custom paint covered by insurance?
Am I covered when driving in Canada or Mexico?
How much liability coverage do I need in my state?
How much can I save by bundling my policies?
Do I need PIP (personal injury protection) coverage in my state?
Will my insurance pay for OEM parts?
Am I covered if I break a side mirror?
How do I insure my teen driver?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Car insurance coverage breakdown

Learning about specific coverages of a car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Listed below are the usual coverages found on the average car insurance policy.

Coverage for uninsured or underinsured drivers

This provides protection when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your BMW M3.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like ambulance fees, X-ray expenses, surgery and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Liability coverage

This can cover damage or injury you incur to people or other property. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims like structural damage, emergency aid, medical services and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.

Comprehensive car insurance

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

Comprehensive insurance covers claims such as damage from getting keyed, a tree branch falling on your vehicle, hitting a deer, hitting a bird and falling objects. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for collisions

Collision insurance pays for damage to your M3 from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, sustaining damage from a pot hole, crashing into a ditch and backing into a parked car. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.