Cheap 1999 BMW 7 Series Insurance Quotes

Shoppers have a choice when shopping for the best price on BMW 7 Series insurance. You can either spend your time contacting agents to get rate comparisons or use the internet to find the lowest rates. There are more efficient ways to compare insurance rates and we’ll show you the quickest way to compare rates for your BMW and find the lowest possible price from both online companies and local agents.

It’s a good idea to check insurance prices before your policy renews since rates change quite often. Despite the fact that you may have had the lowest rates for 7 Series coverage a couple years back you will most likely find a better rate today. You can find a lot of wrong information about insurance online but with this article, you’re going to get some proven techniques to stop overpaying for insurance.

The method we recommend to compare insurance rates in your area takes advantage of the fact most of the bigger providers have advanced systems to give you rate quotes. To start a quote, the only thing you need to do is provide a little information like if the vehicle is leased, how much you drive, if a SR-22 is needed, and how much education you have. Your insurance information is sent automatically to multiple insurance providers and you get price estimates immediately.

To start a rate quote now, click here and complete the quick form.

Policy discounts you shouldn’t miss

Car insurance companies don’t always advertise all their discounts very clearly, so we researched both the well known as well as the least known discounts you could be receiving. If you’re not getting every credit available, you’re just leaving money on the table.

  • Early Switch Discount – Some companies give discounts for buying a policy before your current policy expires. It’s a savings of about 10%.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Sign Online – Some insurance companies may give you up to $50 just for signing your application digitally online.
  • Accident Free – Drivers with accident-free driving histories pay less as compared to frequent claim filers.
  • College Student – Youth drivers who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
  • Multiple Vehicles – Having multiple vehicles on one policy could earn a price break for each car.
  • Multiple Policy Discount – When you have multiple policies with one insurance company you may earn up to 20% off your total premium.
  • Accident Forgiveness – A handful of insurance companies allow you one accident without raising rates if you are claim-free prior to the accident.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, it doesn’t quite work that way.

For a list of companies offering insurance discounts, click this link.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different.

For example, these questions might point out whether your personal situation would benefit from an agent’s advice.

  • Am I missing any policy discounts?
  • Do I have coverage for damage caused while driving under the influence?
  • Why am I required to buy liability insurance?
  • When does my teenage driver need to be added to my policy?
  • If I drive on a suspended license am I covered?
  • What is the ISO rating for a 1999 BMW 7 Series?
  • Do I need added coverage for expensive stereo equipment?
  • Does having multiple vehicles earn me a discount?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

Learn about insurance coverages for a BMW 7 Series

Having a good grasp of your insurance policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Collision protection

Collision coverage will pay to fix damage to your 7 Series resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like damaging your car on a curb, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for expenses for pain medications, funeral costs, ambulance fees, EMT expenses and hospital visits. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Comprehensive auto coverage

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hail damage, vandalism, fire damage and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1999 BMW 7 Series.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Liability insurance

Liability coverage can cover damage or injury you incur to people or other property. This insurance protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage protects against claims like repair costs for stationary objects, medical expenses, emergency aid, structural damage and funeral expenses. How much coverage you buy is your choice, but consider buying higher limits if possible.