2017 BMW 7 Series Car Insurance Quotes

Searching for the cheapest auto insurance rates for your BMW 7 Series? Cutting costs on Driversauto insurance may be slightly frustrating for drivers who are new to comparing rates online. With so many options of insurers to choose from, it can quickly become a difficult situation to compare prices.

It’s a good habit to price shop coverage on a regular basis due to the fact that insurance rates are rarely the same from one policy term to another. Just because you found the lowest rate for 7 Series coverage two years ago there may be better deals available now. Ignore everything you know about auto insurance because I’m going to teach you one of the easiest ways to remove unneeded coverages and save money.

Compare insurance coverage price quotes online

There are a variety of methods to compare insurance coverage quotes, and some are less labor-intensive and much quicker. You can waste a lot of time driving to insurance companies in your area, or you could use the web to get prices fast.

Most major companies take part in a program that allows shoppers to complete one form, and every company then gives them pricing based on the submitted data. This system prevents you from having to do quote forms to each company.

To get comparison pricing now click to open in new window.

The one disadvantage to pricing coverage this way is that you can’t choose which providers you want pricing from. If you wish to select specific providers to request quotes from, we have a listing of companies who write insurance coverage in your area. Click to view list.

Which method you use is up to you, but make sure you use nearly identical coverage limits and deductibles for every company. If each company quotes different coverage information it’s impossible to determine the lowest rate for your BMW 7 Series. Even a minor difference in coverage limits could skew the results. Keep in mind that comparing more company’s prices provides better odds of finding a better price. Some companies don’t provide online quotes, so you should also compare price estimates from them as well.

Discounts for lower-cost insurance coverage quotes

Companies offering auto insurance do not advertise every possible discount in a way that’s easy to find, so the list below gives a summary of both well-publicized and the more hidden credits that may apply to you. If you aren’t receiving every discount you deserve, you are not getting the best rate possible.

• Policy Bundle Discount – When you combine your auto and home insurance with one insurance company you could get a discount of at least 10% off all policies.
• ABS and Traction Control Discounts – Cars, trucks, and SUVs that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
• Home Ownership Discount – Just owning your own home may earn you a small savings because it requires personal responsibility.
• Theft Prevention System – Anti-theft and alarm system equipped vehicles can help prevent theft and will qualify for a discount on a insurance quote.
• Student Discounts – Excelling in school may save you up to 25%. The good student discount can last well after school through age 25.
• Early Switch Discount – Some larger companies reward drivers for buying a policy before your current expiration date. Ten percent is about the average savings.
• Drive Less and Save – Low annual miles can earn lower rates due to less chance of an accident.

A quick disclaimer, many deductions do not apply to all coverage premiums. Most cut the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, you aren’t that lucky. Any qualifying discounts will bring down the cost of your policy.

To see providers with the best discounts, click this link.

You may need specialized car insurance coverage

When buying the right insurance coverage, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can help discover whether your personal situation may require specific advice.

• Does coverage extend to a rental car in a foreign country?
• Do I need replacement cost coverage on my 2017 BMW 7 Series?
• Can my teen drive my company car?
• How can I get high-risk coverage after a DUI?
• Do I have newly-aquired coverage?
• Will I be non-renewed for getting a DUI or other conviction?
• How much can I save by bundling my policies?
• Is business equipment covered while in my vehicle?
• Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form.

Car insurance coverage information

Learning about specific coverages of your insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your BMW 7 Series.

Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Liability coverages

Liability coverage provides protection from damage or injury you incur to other people or property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has 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 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like medical services, attorney fees, structural damage and legal defense fees. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as doctor visits, surgery, prosthetic devices, funeral costs and rehabilitation expenses. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive auto coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, theft, hitting a bird, fire damage and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for collisions

Collision insurance pays for damage to your 7 Series from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like rolling your car, backing into a parked car, crashing into a building and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.