Compare 2018 BMW 4 Series Car Insurance Rates

Want the cheapest car insurance rates for your BMW 4 Series? Trying to find the cheapest insurance for a new or used BMW 4 Series can normally be a painful process, but you can learn a few tricks to make it easier.

There are both good and bad ways to shop for car insurance and you need to know the best way to price shop coverage for a new or used BMW and locate the best price possible either online or from local insurance agents.

It is always a good idea to quote other rates every six months because rates change frequently. Despite the fact that you may have had the best deal on 4 Series insurance two years ago other companies may now be cheaper. Forget all the misinformation about car insurance because you’re about to find out the easiest way to find the best coverage while lowering your premiums.

If you have a current car insurance policy or are shopping for new coverage, you can learn to shop for the lowest rates and possibly find even better coverage. Finding the best protection can be fairly easy. Drivers only need to know the proper way to shop for car insurance online.

Are you qualifying for every discount?

Auto insurance companies don’t always advertise their entire list of discounts in an easy-to-find place, so the list below gives a summary of a few of the more common as well as some of the hidden discounts you could be receiving when you buy insurance coverage online.

• Anti-lock Brake System – Cars and trucks with ABS braking systems or traction control are safer to drive so companies give up to a 10% discount.
• Telematics Data Discounts – Drivers that enable driving data submission to spy on driving habits by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks as long as the data is positive.
• Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
• Senior Discount – Drivers that qualify as senior citizens are able to get better car insurance rates on 4 Series insurance.
• Drivers Education – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education as it can save substantially.
• Safety Course Discount – Taking time to complete a class that teaches defensive driving techniques is a good idea and can lower rates and easily pay for the cost of the class.
• Discount for Good Grades – This discount could provide a savings of up to 20% or more. Earning this discount can benefit you well after school through age 25.
• Fewer Miles Equal More Savings – Driving fewer miles can qualify you for substantially lower rates.
• No Claims – Insureds who avoid accidents and claims have much lower rates in comparison with accident-prone drivers.

We need to note that many deductions do not apply to the entire cost. Most only cut specific coverage prices like liability and collision coverage. Despite the fact that it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

Companies and some of the discounts are shown below.

• Geico has discounts for five-year accident-free, military active duty, emergency military deployment, multi-vehicle, and driver training.
• SAFECO offers discounts for teen safety rewards, bundle discounts, multi-car, drive less, and teen safe driver.
• State Farm may offer discounts for good driver, driver’s education, good student, defensive driving training, accident-free, safe vehicle, and anti-theft.
• MetLife offers premium reductions for claim-free, good driver, defensive driver, good student, and accident-free.
• 21st Century may include discounts for student driver, driver training, air bags, 55 and older, early bird, and homeowners.
• Progressive discounts include multi-vehicle, multi-policy, good student, continuous coverage, online quote discount, and homeowner.

When quoting, ask every prospective company which discounts they offer. Some discounts listed above might not be available to policyholders in your area.

When in doubt talk to an agent

When it comes to choosing adequate coverage for your vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight whether you might need an agent’s assistance.

• Is my BMW 4 Series covered if I use it for business?
• Is my ex-spouse still covered by my policy?
• Does my policy cover me when driving someone else’s vehicle?
• What is PIP insurance?
• How do I buy GAP insurance?
• I don’t drive much so do I pay less?
• What is an SR-22 filing?
• Do I need more liability coverage?
• Which is better, split liability limits or combined limits?
• Can I make deliveries for my home business?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, complete this form. It’s fast, free and may give you better protection.

Car insurance coverage information

Understanding the coverages of insurance can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Collision protection

Collision insurance covers damage to your 4 Series caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims such as driving through your garage door, colliding with a tree, colliding with another moving vehicle, crashing into a ditch and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like a broken windshield, damage from getting keyed, hitting a deer and hail damage. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for expenses for things like prosthetic devices, surgery and X-ray expenses. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your BMW 4 Series.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverages

Liability coverage can cover injuries or damage you cause to a person or their property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as repair costs for stationary objects, legal defense fees, structural damage, attorney fees and funeral expenses. How much liability should you purchase? That is your choice, but buy higher limits if possible.

Make an honest buck

As you prepare to switch companies, do not buy less coverage just to save a little money. There have been many situations where an insured dropped uninsured motorist or liability limits and learned later they didn’t have enough coverage. Your aim should be to purchase plenty of coverage at the best price while not skimping on critical coverages.

We just showed you a lot of techniques to shop for 2018 BMW 4 Series insurance online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding the cheapest insurance coverage. Consumers may even find the lowest premium rates come from a lesser-known regional company.

Budget-conscious 2018 BMW 4 Series insurance can be sourced from both online companies in addition to many insurance agents, and you need to price shop both to get a complete price analysis. Some companies do not provide the ability to get a quote online and these regional carriers only sell through independent agencies.

For more information, feel free to browse the articles below:

• Insurance Losses by Make and Model (iihs.org)
• What Does No-Fault Insurance Cover? (Allstate)
• Teen Driver Statistics (Insurance Information Insitute)
• Shopping for a Safe Car (Insurance Information Insitute)