Compare 2014 BMW 3 Series Car Insurance Cost

Searching for the cheapest insurance coverage rates for your BMW 3 Series? Sick and tired of not being able to afford each month for car insurance? Your situation is no different than many other drivers.

Companies like Geico and Progressive continually hit you with advertising and it is difficult to see through the deception and effectively compare rates to find the best deal.

It is always a good idea to compare prices on a regular basis because prices change regularly. Just because you found the lowest price for 3 Series insurance last year other companies may now be cheaper. Forget all the misinformation about insurance coverage because I’m going to let you in on the secrets to one of the best ways to save money, get proper deductibles and limits, all at the lowest rate.

Free Quotes for Car Insurance

Performing a rate comparison can be a daunting task if you don’t understand the fastest way to get free quotes. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could use online quotes to get rate comparisons in just a few minutes.

Many of the larger companies belong to a marketplace that enables customers to enter their policy data once, and each participating company provides a quote. This prevents consumers from doing quote forms for each company. To compare 2014 BMW 3 Series rates using this form now click here to open in new window.

The one disadvantage to getting quotes like this is you can’t choose the companies to get pricing from. If you wish to select specific insurance companies to compare prices, we have a page of the cheapest car insurance companies in your area. Click to view list.

However you get your quotes, ensure you’re using the exact same coverage information with each company. If you are comparing different values for each quote it will be next to impossible to make an equal comparison. Having just a slight variation in insurance coverages can mean a large discrepancy in price. It’s important to know that more quotes gives you a better chance of getting the best rates.

Tailor your coverage to you

When buying adequate coverage, there isn’t really a perfect coverage plan. Each situation is unique so your insurance should reflect that Here are some questions about coverages that could help you determine if you could use an agent’s help.

  • Is my dog or cat covered if injured in an accident?
  • Do all my vehicles need collision coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I benefit by insuring my home with the same company?
  • Can my babysitter drive my car?
  • Is upholstery damage covered by car insurance?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Educate yourself about insurance coverages

Learning about specific coverages of insurance can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages available from insurance companies.

Collision – Collision insurance covers damage to your 3 Series resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, colliding with a tree, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Comprehensive insurance – This covers 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 comprehensive coverage.

Comprehensive can pay for things such as vandalism, hail damage, a tree branch falling on your vehicle and rock chips in glass. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverage – Liability coverage can cover damage or injury you incur to other’s property or people in an accident. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like repair bills for other people’s vehicles, emergency aid, repair costs for stationary objects, loss of income and medical services. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP reimburse you for immediate expenses like nursing services, rehabilitation expenses, funeral costs, doctor visits and chiropractic care. They are often used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these limits are identical to your policy’s liability coverage.