2002 BMW 3 Series Car Insurance Quotes – 10 Tips for Best Rates

Looking for better insurance rates for your BMW 3 Series? Scraping up a payment for high-priced BMW 3 Series insurance can empty your savings and put a big crunch on your finances.

Many auto insurance companies compete for your business, so it’s not easy to compare every insurance company and get the definite lowest price

It is always a good idea to get comparison quotes every six months since prices are adjusted regularly by insurance companies. Even if you think you had the best deal for 3 Series insurance at your last renewal the chances are good that you can find a lower rate quote today. Ignore everything you know about insurance because I’m going to teach you the right way to properly buy coverages and cut your premium.

The quickest way to compare insurance rates in your area is to take advantage of the fact most larger insurance companies participate in online systems to give free rates quotes. All consumers are required to do is provide details like the year, make and model of vehicles, how much school you completed, how your vehicles are used, and whether or not you need a SR-22. Your rating data is sent automatically to many highly-rated insurers and you will get price comparisons quickly.

To check rates for your 2002 BMW 3 Series now, click here and see if a lower rate is available.

You are unique and your car insurance should be too

When it comes to buying the best car insurance coverage for your vehicles, there really is no single plan that fits everyone. Every situation is different so your insurance needs to address that. These are some specific questions could help you determine if your insurance needs would benefit from professional advice.

• Does my 2002 BMW 3 Series need full coverage?
• Can I drive in Mexico and have coverage?
• What are the financial responsibility laws in my state?
• Am I covered if I wreck a rental car?
• Can I make deliveries for my home business?
• Are split liability limits better than a combined single limit?
• When should I remove comp and collision on my 2002 BMW 3 Series?
• How do I file an SR-22 for a DUI in my state?

If you can’t answer these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Car insurance 101

Understanding the coverages of your policy aids in choosing which coverages you need and proper limits and deductibles. Car insurance terms can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages offered by car insurance companies.

Collision coverage protection

Collision coverage will pay to fix damage to your 3 Series resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like backing into a parked car, damaging your car on a curb, colliding with another moving vehicle, sideswiping another vehicle and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to raise the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your BMW 3 Series.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently these coverages do not exceed the liability coverage limits.

Liability

This protects you from damage or injury you incur to people or other property. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as emergency aid, attorney fees, legal defense fees and structural damage. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for immediate expenses for doctor visits, dental work and funeral costs. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers all vehicle occupants and also covers being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, hail damage, a tree branch falling on your vehicle and falling objects. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.