Lower Your 1999 BMW 7 Series Insurance Quotes

Have you finally had enough of not being able to scrape enough together to pay car insurance each month? You are in the same boat as many other drivers.

With so many companies and agents to choose from, it can be hard to locate a lower cost insurer.

Car insurance quotes comparison

Performing a rate comparison can take hours if you don’t utilize the most efficient way to do it. You can waste a few hours (or days) talking to insurance companies in your area, or you can utilize the internet to get the quickest rates.

The majority of car insurance companies belong to a marketplace that enables customers to complete one form, and each company then gives them pricing. This system prevents you from having to do form submissions to each individual car insurance company.

To compare rates using this form now click here to open in new window.

The one disadvantage to getting quotes like this is you are unable to specify which insurance companies to get pricing from. So if you want to select specific providers for rate comparison, we have a page of low cost car insurance companies in your area. View list of insurance companies.

Whichever way you use, do your best to enter the same coverage limits for each quote you get. If you compare differing limits it will be next to impossible to make a fair rate comparison. Quoting even small variations in insurance coverages or limits could skew the results. And when comparison shopping, comparing more quotes will enable you to find the best offered rates.

Discounts for cheap insurance rates

Insuring your vehicles can cost a lot, but you may be missing some discounts that many consumers don’t even know exist. Many of these discounts will be applied automatically when you quote, but lesser-known reductions have to be asked about before they will apply. If you’re not getting every credit possible, you are just wasting money.

• Clubs and Organizations – Being in qualifying employment or professional organizations could trigger savings when getting a insurance quote.
• Student Discounts – This discount could provide a savings of up to 20% or more. This discount can apply up to age 25.
• Data Collection Discounts – People who choose to allow their company to scrutinize vehicle usage through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they have good driving habits.
• Online Discount – A few larger online companies give back up to $50 simply for signing on your computer.
• Safety Course Discount – Taking part in a defensive driver course could possibly earn you a 5% discount if your company offers it.
• Driver’s Education for Students – Teen drivers should take driver’s ed class as it can save substantially.
• Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems could see savings of 20 to 30 percent.

As a disclaimer on discounts, most discount credits are not given to your bottom line cost. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way.

A list of companies and some of the discounts are detailed below.

• Geico has savings for multi-vehicle, membership and employees, air bags, multi-policy, seat belt use, and five-year accident-free.
• Mercury Insurance offers discounts for location of vehicle, good student, anti-theft, type of vehicle, ease of repair, accident-free, and low natural disaster claims.
• Farmers Insurance may include discounts for switch companies, business and professional, distant student, multi-car, and alternative fuel.
• Auto-Owners Insurance includes discounts for multi-policy, anti-lock brakes, company car, multiple vehicles, safe driver, safe vehicle, and group or association.
• Liberty Mutual may offer discounts for new graduate, newly retired, new move discount, multi-policy, and new vehicle discount.
• SAFECO offers premium reductions for teen safety rewards, homeowner, teen safe driver, drive less, anti-lock brakes, and anti-theft.
• Progressive may have discounts that include multi-vehicle, good student, multi-policy, continuous coverage, online signing, homeowner, and online quote discount.
• USAA discounts include family discount, defensive driver, new vehicle, good student, driver training, multi-policy, and loyalty savings.

Check with each company or agent how many discounts you can get. Savings might not be offered in your area. To choose companies who offer cheap insurance quotes, click here.

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage, there is no perfect coverage plan. Every insured’s situation is different so your insurance needs to address that. For instance, these questions might help in determining if you may require specific advice.

• Does my policy pay for OEM or aftermarket parts?
• Is business property covered if stolen from my car?
• What are the financial responsibility laws in my state?
• Is other people’s property covered if stolen from my vehicle?
• I don’t drive much so do I pay less?
• How much liability insurance is required?
• At what point should I drop full coverage?
• Can my teen drive my company car?
• When would I need additional glass coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Information about specific coverages

Understanding the coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. These are typical coverage types available from auto insurance companies.

Liability car insurance

This can cover damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

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 values of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things like medical services, funeral expenses, repair bills for other people’s vehicles and emergency aid. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for immediate expenses for EMT expenses, prosthetic devices and funeral costs. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for uninsured or underinsured drivers

This coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your BMW 7 Series.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive auto insurance

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hitting a bird, a broken windshield, hitting a deer and damage from flooding. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for collisions

This coverage will pay to fix damage to your 7 Series from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like rolling your car, scraping a guard rail, driving through your garage door and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.