Compare 1998 BMW Z3 Insurance Rates

Buyers have a choice when searching for affordable BMW Z3 insurance. You can either spend your time contacting agents trying to get quotes or use the internet to get rate quotes.

There are both good and bad ways to buy car insurance so we’re going to tell you the quickest way to quote coverages for a BMW and find the lowest possible price either online or from local insurance agents.

Free Auto Insurance Quotes

There are multiple methods you can shop for 1998 BMW Z3 auto insurance but some are less time-consuming than others. You could spend the better part of a day talking about coverages with insurance companies in your area, or you can utilize the internet to accomplish the same thing much quicker.

Most major companies participate in a marketplace that allows shoppers to enter their coverage request one time, and every company returns a rated price based on that information. This prevents consumers from doing quotation requests to every company.

To compare pricing click to open in new window.

The only drawback to using this type of system is that consumers can’t choose which companies to get pricing from. If you wish to select specific insurance companies to compare prices, we have a page of auto insurance companies in your area. Click here to view list.

It doesn’t matter which method you choose, just make sure you use exactly the same coverage limits for every company. If you are comparing unequal deductibles or liability limits then you won’t be able to determine the lowest rate for your BMW Z3.

What coverages do I need?

When choosing coverage, there is no best way to insure your cars. Everyone’s needs are different.

Here are some questions about coverages that might point out if your insurance needs may require specific advice.

  • Am I missing any policy discounts?
  • What is the minimum liability in my state?
  • Should I buy additional glass protection?
  • Can I afford to pay high deductible claims out of pocket?
  • Do I need an umbrella policy?
  • Is my teen driver covered when they drive my company car?

If you don’t know the answers to these questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.

Coverage specifics

Learning about specific coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Medical costs insurance

Med pay and PIP coverage reimburse you for expenses for things like doctor visits, rehabilitation expenses, X-ray expenses, ambulance fees and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability auto insurance

This can cover injuries or damage you cause to other people or property that is your fault. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as repair bills for other people’s vehicles, legal defense fees, court costs, pain and suffering and medical expenses. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Auto collision coverage

Collision insurance pays for damage to your Z3 caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as colliding with a tree, hitting a parking meter and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

UM/UIM Coverage

Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your BMW Z3.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time these coverages are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for 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 protects against claims such as hitting a bird, rock chips in glass, theft, damage from getting keyed and a tree branch falling on your vehicle. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.