2014 BMW 6 Series Gran Coupe Car Insurance Quotes – 8 Savings Tips

Trying to find cheaper auto insurance rates for your BMW 6 Series Gran Coupe? No one in their right mind likes paying for auto insurance, especially knowing the price is too high. With consumers having so many options when it comes to auto insurance, it can be diffult for consumers to locate the cheapest car insurance company.

Buying car insurance is not rocket science. If you are insured now or are just looking to switch companies, you will benefit by learning to get lower rates while maintaining coverages. Consumers only need to know the proper methods to compare price quotes online.

How to Compare Car Insurance Quotes

Getting a cheaper price on 2014 BMW 6 Series Gran Coupe insurance can be relatively painless. Drivers just need to take a few minutes comparing price quotes provided by online insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The easiest and least time consuming way to find low rates would be an industry-wide quote request form (click to open form in new window). This type of form saves time by eliminating repetitive form entry for every car insurance company. In just a few minutes this one form gets you coverage quotes from car insurance companies with the best prices.

A less efficient way to get quotes online is spending the time to visit each individual company website and complete a new quote form. For instance, let’s assume you want comparison quotes from Allstate, Farmers and American Family. To find out each rate you need to go to every website and enter your information, which is why the first method is more popular.

For a list of links to insurance companies in your area, click here.

The least recommended way of getting rate comparisons is to spend your day driving to local insurance agencies. The ability to buy insurance online can eliminate the need for a local agent unless you want the professional advice of a licensed agent. You can, however, compare the best prices online but still have the advice of a local agent and we’ll touch on that later.

Which method you use is up to you, but make darn sure you compare apples-to-apples coverage limits for each comparison quote. If each company quotes differing limits it will be impossible to determine the best price for your BMW 6 Series Gran Coupe.

Can you really save $411 a year?

Drivers can’t get away from ads for cheaper car insurance from the likes of 21st Century, Allstate and State Farm. They all have a common claim that you’ll save big if you change your coverage to them.

But how can every company say the same thing?

All the different companies have a certain “appetite” for the right customer they prefer to insure. For example, a desirable insured might be profiled as over the age of 40, a clean driving record, and drives newer vehicles. A propective insured who meets those qualifications will qualify for the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.

Consumers who don’t meet the “perfect” profile will have to pay a more expensive rate which usually ends up with the customer not buying. The ads state “drivers who switch” not “everybody who quotes” save that much. That is how insurance companies can confidently advertise the savings. Because of the profiling, you need to compare as many rates as you can. It’s just too difficult to predict which insurance companies will provide you with the cheapest BMW 6 Series Gran Coupe insurance rates.

These eight discounts can lower your rates

Auto insurance companies don’t always publicize every discount in an easy-to-find place, so the following is a list of both well-publicized and the more hidden ways to save on car insurance. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Organization Discounts – Being a member of certain professional organizations is a good way to get lower rates when buying car insurance on 6 Series Gran Coupe insurance.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Lower Rates for Military – Having a family member in the military can result in better rates.
  • College Student – Any of your kids who live away from home and do not have access to a covered vehicle can receive lower rates.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.
  • Discount for Swiching Early – Some companies give discounts for switching policies before your current policy expires. The savings is around 10%.
  • Multiple Policy Discount – If you insure your home and vehicles with the same insurance company you may save approximately 10% to 15%.
  • One Accident Forgiven – A handful of insurance companies allow you one accident without raising rates so long as you haven’t had any claims for a certain period of time.

It’s important to understand that most discount credits are not given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky.

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

Double check with every prospective company which discounts you may be entitled to. Some discounts may not apply in your area.

Different people need different coverages

When it comes to choosing coverage, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that may help you determine if your situation might need an agent’s assistance.

  • Will filing a claim cost me more?
  • Am I covered when delivering products for my home-based business?
  • When do I need to add a new car to my policy?
  • Are rental cars covered under my policy?
  • Do I need special endorsements for business use of my vehicle?
  • Does insurance cover tools stolen from my truck?
  • Does my car insurance cover rental cars?
  • Am I covered if I hit a deer?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Coverages available on your insurance policy

Understanding the coverages of insurance aids in choosing which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages available from insurance companies.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from flooding, hitting a deer, a broken windshield and theft. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your BMW 6 Series Gran Coupe.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Liability

Liability coverage protects you from damage or injury you incur to other’s property or people by causing an accident. 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. Your policy might show policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims like structural damage, legal defense fees, repair costs for stationary objects and medical services. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Collision protection

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like scraping a guard rail, crashing into a building, damaging your car on a curb, hitting a parking meter and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Insurance for medical payments

Coverage for medical payments and/or PIP reimburse you for bills for prosthetic devices, EMT expenses, nursing services, ambulance fees and dental work. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Shop. Compare. Save.

Cost effective 2014 BMW 6 Series Gran Coupe insurance can be sourced online and with local insurance agents, and you need to price shop both so you have a total pricing picture. Some insurance providers do not offer online quoting and usually these small, regional companies provide coverage only through local independent agents.

Throughout this article, we presented some good ideas how you can save on insurance. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. Drivers may discover the best prices are with a company that doesn’t do a lot of advertising. These companies may have significantly lower rates on certain market segments than the large multi-state companies such as State Farm and Allstate.

For more information, link through to the resources below: