8 Tricks to Save on BMW 330i Insurance

Shoppers have lots of choices when shopping for low-cost BMW 330i insurance. You can either waste hours calling around to compare prices or save time using the internet to get rate quotes. There is a better way to buy car insurance and we’ll show you the proper way to compare rates for a BMW and locate the cheapest rates from local insurance agents and online providers.

Discounts are available to cut your rates

Car insurance companies don’t list all their discounts in a way that’s easy to find, so here is a list some of the best known and the more hidden car insurance savings. If you aren’t receiving every discount available, you are throwing money away.

• Homeowners Discount – Being a homeowner can help you save on car insurance because maintaining a house demonstrates responsibility.
• Passive Restraint Discount – Vehicles equipped with air bags can get savings of up to 25% or more.
• Auto/Home Discount – When you have multiple policies with the same insurance company you will save at least 10% off all policies.
• Multiple Cars – Insuring all your vehicles on one policy qualifies for this discount.
• Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
• Lower Rates for Military – Having a family member in the military could mean lower rates.
• Senior Citizens – If you’re over the age of 55, you may be able to get a small decrease in premiums for 330i coverage.
• Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.

Drivers should understand that some of the credits will not apply to all coverage premiums. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, you’re out of luck.

To see a list of insurance companies with the best car insurance discounts, click here to view.

Comprehensive Car Insurance Comparison

Getting a lower price on BMW 330i insurance can be quick and easy. The only requirement is to invest a little time comparing rates provided by online insurance companies. This can be accomplished in several different ways.

1. The fastest way to get the best comparison quotes is to use a rate comparison form click here to open form in new window. This form eliminates the need for separate quotation requests to each individual car insurance company. Taking the time to complete one form will return quotes from several companies. Just one form and you’re done.
2. A more difficult way to get quotes online is to take the time to go to each company’s website and request a quote. For sake of this example, let’s assume you want comparison quotes from Allstate, 21st Century and Liberty Mutual. To get rate quotes you would need to take the time to go to each site to enter your coverage information, and that’s why the first method is more popular.

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

It’s your choice how you get your quotes, but make darn sure you compare exactly the same coverage limits for each price quote. If each company quotes different values for each quote it will be next to impossible to determine the lowest rate for your BMW 330i.

Car insurance policy specifics

Knowing the specifics of a car insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive protection – Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like fire damage, damage from a tornado or hurricane and damage from flooding. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto liability insurance – Liability coverage protects you from damage or injury you incur to a person or their property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims like pain and suffering, repair bills for other people’s vehicles, structural damage and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for expenses for things like X-ray expenses, rehabilitation expenses and surgery. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to 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 or underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your BMW 330i.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision – Collision coverage pays for damage to your 330i from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like driving through your garage door, damaging your car on a curb and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

A tidy conclusion

When buying insurance coverage, it’s very important that you do not buy poor coverage just to save money. There have been many situations where someone dropped comprehensive coverage or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Cost effective BMW 330i insurance is attainable on the web and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. Some insurance providers may not provide the ability to get a quote online and these small insurance companies work with independent agents.

Drivers switch companies for many reasons like unfair underwriting practices, extreme rates for teen drivers, questionable increases in premium or delays in paying claims. Whatever your reason, finding a great new company is less work than it seems.