Save on 2018 BMW 3 Series Gran Turismo Insurance Quotes

Searching for the cheapest insurance coverage rates for your BMW 3 Series Gran Turismo? Finding low cost coverage rates on Driversinsurance coverage can seem to be frustrating for drivers new to online rate comparisons. You have so many different companies and agents to choose from that it can quickly become a real challenge to find a more affordable company.

Smart consumers take time to price shop coverage periodically because insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest rate for 3 Series Gran Turismo coverage a couple years back a different company probably has better premium rates today. Forget all the misinformation about insurance coverage because we’re going to show you the best way to save on insurance coverage.

How to get cheap insurance coverage

To find the best insurance coverage prices, there are several ways to compare prices from different insurance companies. By far the easiest way to find affordable 2018 BMW 3 Series Gran Turismo insurance rates is simply to get online rate quotes. This can be accomplished in a couple of different ways.

The most recommended method to find low rates would be an industry-wide quote request form like this one (opens in new window). This method keeps you from doing separate forms for each company. A single, simple form gets you price quotes from insurance coverage companies with the best prices. It’s definitely the quickest method.

A more time consuming way to get comparison quotes is spending the time to visit each company’s website and request a quote. For examples sake, we’ll assume you are doing a rate comparison from Progressive, 21st Century and Allstate. To get each rate you have to go to each individual site to enter your coverage information, which is why first method is reommended.

To view a list of companies in your area, click here.

It’s up to you which method you use, but try to keep apples-to-apples coverages for every company. If you enter different limits and deductibles on each one you will not be able to make an equal comparison. Quoting even small variations in limits can make a big difference in price. And when quoting insurance coverage, remember that more quotes helps you find more affordable insurance. Some smaller insurers to not give quotes online, so you should also compare prices from them as well.

Brand name doesn’t guarantee savings

Well-known insurance coverage companies like State Farm and Allstate seem to constantly run television and radio advertisements. All the companies tend to make the same promise that drivers will save a bundle if you change your policy. It sounds good, but how can they all save you money? Here is the trick they use.

All companies look for specific characteristics for the driver that will most likely be profitable. For example, a desirable insured might be described as between 25 and 40, has never had a claim, and has great credit. Someone that hits that “sweet spot” will most likely get cheap prices and therefore will save when switching.

People who are not a match for the requirements will see a more expensive rate which usually ends up with the customer buying from a different company. The trick is to say “customers who switch” but not “all drivers who get quotes” save the amount stated. This is how companies can claim big savings. This really illustrates why you should compare quotes as often as possible. It’s just too difficult to predict which company will have the lowest prices for your situation.

How you can control BMW 3 Series Gran Turismo insurance premiums

Multiple criteria are part of the calculation when you get your auto insurance bill. Most are fairly basic such as your driving history, although some other factors are less apparent such as your credit history and annual miles driven.

  • Multiple policies with one company – Most companies allow better rates to people that have more than one policy in the form of a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, consumers should still shop around to help guarantee you have the best rates.
  • A auto insurance lapse can increase rates – Allowing your auto insurance policy to lapse will be a quick way to drive up your policy premiums. Not only will you pay more, the inability to provide proof of insurance can result in fines and jail time.
  • Better prices on vehicles with better crash test results – Safe vehicles cost less to insure. Vehicles engineered for safety reduce injuries and lower rates of occupant injuries translates directly to fewer claims and cheaper rates on your policy. If your BMW is rated at a minimum four stars on Safercar.gov you may qualify for a discount.
  • Gender is a factor – Statistics have proven that females tend to be a little less risky than males. However, don’t assume that women are better drivers. Females and males have accidents at about the same rate, but the men cause more damage and cost insurance companies more money. In addition to higher claims, males also get cited for more serious violations like driving under the influence (DUI). Young men ages 16 to 20 are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Lower comp and collision deductibles cost more – Your deductibles are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. Protection for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of some claims that would be covered are colliding with a stationary object, vandalism, and damage from wind. The larger the amount you are required to pay out-of-pocket, the lower your rates will be for 3 Series Gran Turismo coverage.
  • Keep policy claims to a minimum – If you are a frequent claim filer, you can expect increased rates or even have your policy non-renewed. Companies award the best rates to drivers who do not rely on their insurance for small claims. Your insurance policy is intended for larger claims.
  • Cheaper auto insurance rates using alarms and GPS tracking – Selecting a car model with anti-theft technology or alarm system can save you some money. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft.
  • The higher your credit score the lower your costs – Credit score is a big factor in calculating your auto insurance rates. If your credit rating is low, you could pay less to insure your 2018 BMW 3 Series Gran Turismo by spending a little time repairing your credit. Drivers with high credit ratings tend to file fewer claims than drivers who have poor credit scores.

Slash your auto insurance rates with discounts

Some insurers do not advertise the complete list of policy discounts very clearly, so the list below details a few of the more well known and the more hidden ways to save on auto insurance.

  • Driver Education Discount – Teen drivers should participate in a local driver’s education class as it can save substantially.
  • Early Renewal Discounts – A few larger companies give discounts for switching policies before your current policy expires. You can save around 10% with this discount.
  • Federal Employees – Active or former government employment may reduce rates when you quote insurance for 3 Series Gran Turismo coverage depending on your auto insurance provider.
  • Discount for Life Insurance – Larger insurance companies have a discount if you purchase auto and life insurance together.
  • Discounts for Good Drivers – Insureds without accidents can pay as much as 50% less for 3 Series Gran Turismo coverage compared to accident prone drivers.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. Some only apply to specific coverage prices like comp or med pay. Despite the fact that it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

Larger auto insurance companies and some of the premium reductions they offer are shown below.

  • State Farm includes discounts for passive restraint, good student, multiple policy, student away at school, good driver, and Steer Clear safe driver discount.
  • Geico offers premium reductions for anti-theft, good student, federal employee, multi-policy, five-year accident-free, daytime running lights, and emergency military deployment.
  • Allstate policyholders can earn discounts including FullPay discount, good payer, passive restraint, multi-policy, economy car, defensive driver, and premier plus.
  • SAFECO may include discounts for teen safety rewards, safe driver, teen safe driver, anti-theft, drive less, accident prevention training, and bundle discounts.
  • Farm Bureau offers discounts for multi-vehicle, safe driver, renewal discount, youthful driver, multi-policy, 55 and retired, and good student.
  • Progressive has savings for online signing, online quote discount, good student, multi-policy, and multi-vehicle.
  • AAA may offer discounts for AAA membership discount, multi-policy, good student, pay-in-full, anti-theft, and multi-car.

If you are trying to find affordable insurance quotes, ask every prospective company which credits you are entitled to. Some of the discounts discussed earlier might not be offered in your area. To see companies who offer free auto insurance quotes, follow this link.

You are unique and your auto insurance should be too

When it comes to buying proper insurance coverage, there is no one size fits all plan. Each situation is unique.

For instance, these questions can aid in determining if your situation could use an agent’s help.

  • Do I have coverage when making deliveries for my home business?
  • Do I need an umbrella policy?
  • Are my friends covered when driving my car?
  • Do I have coverage if my license is suspended?
  • Who is covered by my policy?
  • Does my policy cover me when driving someone else’s vehicle?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • I have health insurance so do I need medical payments coverage?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Educate yourself about insurance coverages

Learning about specific coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Collision – This pays for damage to your 3 Series Gran Turismo resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like colliding with another moving vehicle, crashing into a building and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like falling objects, fire damage and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like funeral costs, nursing services, rehabilitation expenses, ambulance fees and doctor visits. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 2018 BMW 3 Series Gran Turismo.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability insurance – This coverage protects you from damage or injury you incur to other’s property or people. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability insurance covers things such as pain and suffering, medical services and medical expenses. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

A little work can save a LOT of money

Consumers switch companies for a number of reasons such as questionable increases in premium, policy non-renewal, delays in responding to claim requests and extreme rates for teen drivers. Regardless of your reason, choosing a new insurance company is not as difficult as it may seem.

We just showed you quite a bit of information on how to get a better price on 2018 BMW 3 Series Gran Turismo insurance. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even discover the best prices are with an unexpected company.

Some insurance companies may not provide rates over the internet and these small insurance companies only sell through independent agencies. Cost effective 2018 BMW 3 Series Gran Turismo insurance is available on the web and from local agencies, so compare prices from both so you have a total pricing picture.

More information can be found at the links below