How Much Does 2014 BMW 4 Series Car Insurance Cost?

Are you tired of scraping the payment together each month for car insurance? You are no different than many other drivers.

Online insurance companies like State Farm and Geico all claim big savings with fancy advertisements and it is difficult to see past the geckos and flying pigs and do the work needed to find the best deal.

It’s a great practice to compare rates once or twice a year due to the fact that insurance rates fluctuate regularly. Just because you found the lowest price for 4 Series coverage a couple years back there may be better deals available now. Starting right now, forget all the misinformation about car insurance because we’re going to show you how to quote online to remove unneeded coverages and save money.

If you are paying for car insurance now, you should be able to cut costs considerably using this information. Finding the best rates is easy if you know what you’re doing. Although consumers must understand how companies compete online.

Insurance Prices Online

All major insurance companies such as State Farm and Allstate quote coverage price quotes directly from their websites. Getting online rates doesn’t take much effort as you simply type in your required coverages as detailed in the form. Once you submit the form, their rating system orders your driving record and credit report and generates a price determined by many factors. Online price quotes makes comparing rates easy, but having to visit multiple sites and enter the same data into a form is monotonous and tiresome. But it’s absolutely necessary to perform this step in order to get better insurance pricing.

There is a better way to compare rates

The smarter way to lower your insurance bill uses one simple form that gets price quotes from more than one company. The form is fast, eliminates form submissions, and makes comparison shopping much easier to do. Once the form is submitted, it is quoted with multiple companies and you can pick your choice of the resulting price quotes. If you find a better price you can click and sign and purchase the new policy. This process just takes a couple of minutes and you’ll know if lower rates are available.

To fill out one form to compare multiple rates now, click here to open in new window and submit your coverage information. To compare your current rates, we recommend you type in deductibles and limits just like they are on your policy. This ensures you will be getting a rate comparison based on the exact same insurance coverage.

BMW 4 Series rates influenced by many factors

An important part of buying insurance is that you know the different types of things that go into determining the rates you pay for auto insurance. When you know what positively or negatively influences your rates helps enable you to make changes that may reward you with lower auto insurance prices.

  • Better crash test results mean better rates – Vehicles with high crash test scores tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates translates into savings for insurance companies and lower rates for you. If your BMW has ratings of a minimum four stars on it may be receiving lower rates.
  • Consolidate policies to earn discounts – The majority of auto insurance companies provide better rates to customers who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. If you currently are using one company, it’s still a good idea to shop around to confirm you are receiving the best rates possible.
  • Small claims can cost you – If you are a frequent claim filer, you can look forward to either higher rates or even cancellation. Auto insurance companies provide cheaper rates to drivers who file claims infrequently. Car insurance is intended for larger claims.
  • Better credit means lower rates – Having a bad credit history is a important factor in determining what you pay for auto insurance. So if your credit is not that good, you could pay less to insure your 2014 BMW 4 Series by improving your rating. People with high credit scores tend to be more responsible than drivers with lower credit scores.
  • Where you live – Living in a small town can be a good thing when talking about auto insurance. Drivers in populated areas have to deal with much more traffic and longer commute times. Fewer people means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Men are more aggressive – Statistics demonstrate women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Women and men have accidents at a similar rate, but the males have costlier accidents. They also receive more costly citations such as reckless driving. Teenage male drivers are several times more likely to be in an accident and thus pay the highest rates.

Cut your premium with discounts

Companies that sell car insurance do not advertise every available discount very clearly, so we took the time to find some of the more common as well as the least known discounts you could be receiving.

  • Sign Early and Save – Some insurance companies reward drivers for signing up before your current policy expires. It can save you around 10%.
  • Accident Free – Good drivers with no accidents pay much less as compared to drivers who are more careless.
  • Anti-theft Discount – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates for 4 Series coverage than their less cautious counterparts.
  • Save with a New Car – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.

It’s important to note that most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as liability and collision coverage. So when it seems like adding up those discounts means a free policy, it just doesn’t work that way.

For a list of providers offering insurance discounts, follow this link.

What is the best insurance coverage?

When buying adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Each situation is unique and your policy should reflect that. For example, these questions might help in determining if you will benefit from professional help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do I need medical payments coverage since I have good health insurance?
  • Are my friends covered when driving my 2014 BMW 4 Series?
  • Where can I find DUI or SR-22 insurance?
  • Exactly who is provided coverage by my policy?
  • Why does it cost so much to insure a teen driver?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Parts of your car insurance policy

Knowing the specifics of a car insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages found on the average car insurance policy.

Comprehensive protection – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, theft, damage from getting keyed and falling objects. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverage – Liability coverage will cover damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things such as funeral expenses, attorney fees, bail bonds, repair costs for stationary objects and pain and suffering. How much coverage you buy is up to you, but consider buying as much as you can afford.

Collision – Collision insurance pays for damage to your 4 Series from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like hitting a parking meter, sideswiping another vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for bills like dental work, funeral costs, hospital visits and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Best coverage at the best price

We just showed you many ways to reduce 2014 BMW 4 Series insurance prices online. The key concept to understand is the more quotes you get, the better your comparison will be. Consumers could even find that the lowest priced insurance coverage comes from a small local company. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm or Progressive.

As you prepare to switch companies, you should never buy poor coverage just to save money. There have been many situations where consumers will sacrifice collision coverage to discover at claim time that it was a big mistake. Your aim should be to purchase plenty of coverage at an affordable rate.

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