How to Get the Cheapest Price When Insuring Your BMW 325is

Buyers have lots of choices when searching for the best price on BMW 325is insurance. You can either spend your time calling around to get rate comparisons or save time using the internet to get rate quotes. There are more efficient ways to compare auto insurance rates so we’re going to tell you the proper way to quote coverages for a BMW and locate the lowest possible price from both online companies and local agents.

Finding Auto Insurance Deals

There are several ways to compare rate quotes from local auto insurance companies. The recommended way to compare insurance prices is to perform an online rate comparison. This can be accomplished using a couple different methods.

1. The single most time-saving way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This type of form saves time by eliminating separate quotation requests for every auto insurance company. One form compares rates from multiple low-cost companies. It’s the fastest way to compare.
2. A different way to compare rate quotes is to manually visit each company’s website to request a price quote. For sake of this example, let’s assume you want rates from State Farm, GEICO and Liberty Mutual. To get rate quotes you would need to take the time to go to each site to input your insurance 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.

3. The hardest method to get comparison rates is to waste gas driving to local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you prefer the trained guidance only provided by licensed agents. It is possible to obtain prices from the web and get advice from an agent in your area and we’ll talk about that later.

Which method you use is up to you, but ensure you are comparing exactly the same coverages with each company. If you enter unequal deductibles or liability limits it will be next to impossible to determine which rate is truly the best. Quoting even small variations in coverages may result in large price differences. And when price shopping your coverage, having more price comparisons helps locate better pricing.

Lots of discounts mean lots of savings

Companies offering auto insurance don’t list all available discounts in a way that’s easy to find, so the following is a list of some of the best known as well as the least known ways to save on auto insurance.

• Safety Course Discount – Completing a defensive driving course could cut 5% off your bill depending on where you live.
• New Car Discount – Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
• Federal Government Employee – Employees or retirees of the government could cut as much as 10% off on 325is coverage with select insurance companies.
• Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
• Senior Citizens – Older drivers may receive reduced rates on 325is coverage.
• Lower Rates for Military – Having a family member in the military could be rewarded with lower premiums.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in high school.
• Homeowners Savings – Simply owning a home can save you money due to the fact that maintaining a home demonstrates responsibility.
• Accident Waiver – A handful of insurance companies permit an accident before your rates go up if you are claim-free for a set time period.

Keep in mind that some of the credits will not apply to your bottom line cost. Most cut specific coverage prices like liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, it just doesn’t work that way.

How to know if you need help

When it comes to choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is unique.

These are some specific questions can help discover whether your personal situation would benefit from professional advice.

• Does having multiple vehicles earn me a discount?
• Do I need PIP (personal injury protection) coverage in my state?
• Does my BMW 325is qualify for pleasure use?
• What should my uninsured motorist coverage limits be in my state?
• What is covered by UM/UIM coverage?
• Am I covered when delivering products for my home-based business?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Do I have coverage if my license is suspended?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form.