Lower Your 2017 BMW 2 Series Car Insurance Rates

Think you have an expensive car insurance policy? Don’t sweat it because there are many consumers feeling the pinch from expensive car insurance. Insurance companies such as Allstate, Liberty Mutual and State Farm continually bombard you with TV and radio ads and it is challenging if not impossible to not get sucked in by the cute commercials and find the best price available.

It’s a good habit to do price comparisons quite often since insurance prices fluctuate regularly. If you had the lowest quotes for 2 Series insurance at your last renewal the chances are good that you can find a lower rate today. There are a lot of ways to save on car insurance online but I’m going to show you some good information on how to lower your car insurance bill.

Low cost insurance prices

Finding more affordable 2017 BMW 2 Series insurance prices is a fairly straight forward process. The only requirement is to take a couple of minutes to compare rate quotes from online providers. This can be accomplished in just a few minutes using one of these methods.

  1. The most efficient way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This quick form prevents you from having to do boring form submissions for every prospective company. Completing one form will get you price quotes from several companies.
  2. A slightly less efficient method to obtain and compare quotes online requires you to visit each company’s website and repeat the quote process. For instance, we’ll pretend you want to view quotes from Allstate, Farmers and Progressive. In order to compare rates, you need to visit each site and type in your information over and over, which is why first method is reommended. To view a list of companies in your area, click here.

How you compare quotes is your choice, just try to use exactly the same coverages on every quote you get. If you have different deductibles you can’t possibly make a fair rate comparison.

Do I just need basic coverages?

When choosing the right insurance coverage, there really is no best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions may help highlight if your insurance needs might need professional guidance.

  • How many claims can I have before being cancelled?
  • Do I have coverage if my license is suspended?
  • Does coverage extend to my business vehicle?
  • Is my state a no-fault state?
  • When does my teenage driver need to be added to my policy?
  • Does medical payments coverage apply to all occupants?
  • Do I benefit by insuring my home with the same company?
  • Does insurance cover damages from a DUI accident?
  • Do I need motorclub coverage?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Information about specific coverages

Learning about specific coverages of your auto insurance policy can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages offered by auto insurance companies.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from flooding, hitting a bird and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision protection

This pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like damaging your car on a curb, crashing into a ditch, sideswiping another vehicle and driving through your garage door. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your BMW 2 Series.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these limits do not exceed the liability coverage limits.

Medical costs insurance

Med pay and PIP coverage pay for immediate expenses for EMT expenses, pain medications, hospital visits and ambulance fees. They can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Liability coverages

Liability coverage will cover damage that occurs to other’s property or people. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as pain and suffering, attorney fees and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.