2012 BMW 7 Series Car Insurance Quotes

Looking for better insurance coverage rates for your BMW 7 Series? Searching for cheap insurance coverage on the internet may be problematic for people who are new to buying insurance online. Since there are so many online companies, how can consumers possibly compare them all to find the best pricing?

It’s a good habit to get comparison quotes occasionally due to the fact that insurance rates are adjusted regularly by insurance companies. If you had the best rates for 7 Series insurance two years ago a different company probably has better rates today. There is a lot of wrong information about insurance coverage online, so we’re going to give you some solid techniques on how to put money back in your pocket.

Shopping for the best car insurance is not that difficult. Essentially every vehicle owner who has to buy car insurance most likely will be able to cut their insurance bill. But consumers do need to know how the larger insurance companies price insurance differently and apply this information to your search.

Be sure to get all your discounts

Car insurance is not cheap, but discounts can save money and there are some available that can drop the cost substantially. Some trigger automatically when you complete an application, but lesser-known reductions have to be manually applied before they will apply.

  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills could save 5% or more depending on where you live.
  • Drive Less and Save – Fewer annual miles on your BMW could qualify for better rates on cars that stay parked.
  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • Memberships – Belonging to certain professional organizations could trigger savings when shopping for auto insurance for 7 Series insurance.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts can receive discounts of 20% or more.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. Most cut the price of certain insurance coverages like medical payments or collision. Just because it seems like all the discounts add up to a free policy, it just doesn’t work that way. But any discount will help reduce your overall premium however.

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

Automobile Insurance Quotes

Performing a rate comparison can be challenging if you don’t utilize the best way to get rate quotes. You could waste a few hours driving to insurance companies in your area, or you could save time and use online quotes to maximize your effort.

All the larger companies belong to a marketplace where prospective buyers complete one form, and each company returns a rated price based on the submitted data. This eliminates the need for quote forms to every company.

To find out how much you’re overpaying now click here (opens in new window).

The one downside to doing it this way is you cannot specify which carriers to receive prices from. So if you prefer to pick individual companies to receive pricing from, we put together a list of the cheapest car insurance companies in your area. Click to view list.

Whichever way you use, make sure you use the exact same coverages for every company. If your comparisons have different liability limits you will not be able to truly determine the lowest rate. Having just a slight variation in limits may cause a big price difference. Just remember that getting more free quotes gives you a better chance of getting a lower rate.

How do I know if I need professional advice?

When it comes to choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different.

For example, these questions may help you determine if you might need an agent’s assistance.

  • Will my rates increase for filing one claim?
  • Do all my vehicles need collision coverage?
  • Will my insurance pay for OEM parts?
  • What is no-fault insurance?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does liability extend to a camper or trailer?
  • Do I need rental car coverage?
  • Can I get a multi-policy discount?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

What insurance coverages do you need?

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for bills for things like rehabilitation expenses, X-ray expenses, doctor visits, surgery and EMT expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible


Liability insurance provides protection from injuries or damage you cause to other people or property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as funeral expenses, legal defense fees, attorney fees, loss of income and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive (Other than Collision)

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

Comprehensive coverage pays for claims like falling objects, fire damage, a tree branch falling on your vehicle and hitting a deer. The most your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your BMW 7 Series.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision insurance

This coverage covers damage to your 7 Series caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with a tree, sideswiping another vehicle, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

A penny earned…

Cheap 2012 BMW 7 Series insurance is attainable online in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies do not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

We’ve covered a lot of information how to get a better price on insurance. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with an unexpected company.

People leave their current company for any number of reasons including policy cancellation, high rates after DUI convictions, delays in responding to claim requests or questionable increases in premium. Whatever your reason, finding a great new company can be less work than you think.

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