View 2018 BMW X4 Insurance Cost

Buyers have options when searching for the lowest priced BMW X4 insurance. You can either spend your time driving around getting price quotes or leverage the internet to make rate comparisons.

There is a right way and a wrong way to buy insurance coverage so we’re going to tell you the absolute fastest way to quote coverages for a new or used BMW and get the lowest possible price.

You should make it a habit to get comparison quotes on a regular basis because prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best price for X4 insurance a year ago a different company probably has better rates today. Ignore everything you know about insurance coverage because you’re about to learn one of the quickest ways to reduce your cost while improving coverage.

Compare quotes for auto insurance

Finding cheaper 2018 BMW X4 auto insurance prices can be surprisingly simple. All you need to do is spend a little time comparing rate quotes provided by online insurance companies. This can be accomplished by using one of the methods below.

  1. If you’re in a hurry, the quickest way consumers can analyze rates is to use a rate comparison form click here to open form in new window. This quick form prevents you from having to do separate forms for every prospective company. Completing one form will get you price quotes from auto insurance companies with the best prices. This is by far the quickest method.
  2. A less efficient way to analyze rates requires you to visit each company’s website and get a separate price quote. For example, we’ll assume you are doing a rate comparison from Geico, Progressive and State Farm. To do that, you would have to take the time to go to each site and punch in your information repeatedly, which is why the first method is quicker. For a list of companies in your area, click here.
  3. The old school way to compare price estimates is driving around to different agent offices. Quoting online makes this process obsolete unless you have a complicated situation and need the guidance of a local agent. Drivers can comparison shop your insurance online but still have the advice of a local agent.

It’s up to you which method you use, but make absolute certain that you use the same quote data on every quote you get. If your comparisons have different values for each quote then you won’t be able to make an equal comparison.

Take advantage of these discounts

Insurance can be prohibitively expensive, but you might already qualify for some discounts that could drop your premiums quite a bit. Many discounts should be triggered at quote time, but less common discounts must be specifically requested before you will receive the discount.

  • No Charge for an Accident – This one is not really a discount per se, but certain companies allow you one accident without getting socked with a rate hike if you are claim-free for a particular time prior to the accident.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags or automatic seat belts can get savings up to 30%.
  • Theft Deterent – Cars optioned with advanced anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Active Service Discounts – Being on active duty in the military may qualify for rate reductions.
  • Defensive Driver Discount – Completing a defensive driver course is a good idea and can lower rates and also improve your driving technique.
  • Own a Home and Save – Owning a house can save a few bucks since owning and maintaining a home is proof of financial responsibility.

Policy discounts save money, but some credits don’t apply to all coverage premiums. A few only apply to individual premiums such as comp or med pay. So when it seems like you would end up receiving a 100% discount, companies don’t profit that way.

The best insurance companies and the discounts they provide are outlined below.

  • State Farm has savings for good driver, multiple autos, passive restraint, good student, accident-free, and anti-theft.
  • Geico policyholders can earn discounts including anti-theft, defensive driver, good student, anti-lock brakes, multi-vehicle, membership and employees, and emergency military deployment.
  • SAFECO offers discounts including teen safety rewards, safe driver, homeowner, bundle discounts, accident prevention training, teen safe driver, and anti-theft.
  • Farmers Insurance discounts include electronic funds transfer, bundle discounts, business and professional, distant student, alternative fuel, and multi-car.
  • AAA includes discounts for good student, pay-in-full, anti-theft, multi-car, and good driver.
  • USAA offers discounts for safe driver, defensive driver, multi-vehicle, driver training, military installation, and new vehicle.

When quoting, ask each company how you can save money. Discounts may not apply to policies in your area. To choose providers that offer many of these discounts, click here.

Special considerations

When choosing the best 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 can aid in determining whether or not you would benefit from an agent’s advice.

  • What can I do if my company won’t pay a claim?
  • Do I have coverage for damage caused while driving under the influence?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I buy only the required minimum liability coverage?
  • What is roadside assistance coverage?
  • How much underlying liability do I need for an umbrella policy?
  • Where can I get insurance after a DUI in my state?
  • When should I remove comp and collision on my 2018 BMW X4?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Reduce insurance rates with these tips

Multiple criteria are part of the equation when quoting car insurance. Some are pretty understandable like an MVR report, although some other factors are more obscure like your continuous coverage and annual miles driven.

  • Cut premiums and deter theft – Owning a car with advanced anti-theft systems can save you some money. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent car theft.
  • Combine home and auto and save – Most major companies will give discounts to policyholders that have more than one policy such as combining an auto and homeowners policy. If you currently are using one company, it’s still a good idea to compare other company rates to help ensure you have the lowest rates.There is a good possibility that you can find a better deal by buying from different companies
  • Excellent credit means lower premiums – A driver’s credit score is a big factor in calculating your premium rate. Insureds with excellent credit scores tend to be better risks to insure as compared to drivers with lower ratings. If your credit score leaves room for improvement, you could save money insuring your 2018 BMW X4 if you clean up your credit.
  • Drive fewer miles and save – Driving more miles in a year the higher the price you pay to insure it. A lot of insurance companies apply a rate based upon how you use the vehicle. Vehicles that are left in the garage can get a lower rate than those used for commuting. Make sure your auto insurance coverage states the right rating data, because improper ratings can cost you money. Improper usage on your X4 may be costing you higher rates.
  • Buy a safe car and pay less – Safe vehicles get lower rates. Highly rated vehicles result in less severe injuries and lower injury rates translates into savings for insurance companies which can result in lower premiums. If the BMW X4 has at least four stars on Safercar.gov you are probably receiving a discount.
  • Gaps in coverage mean higher rates – Driving without insurance coverage in place is illegal and as a result your rates will increase for letting your coverage lapse. Not only will you pay more, the inability to provide proof of insurance could earn you fines or a revoked license. Then you may be required to file a SR-22 with your state DMV.

Can you really save if you switch?

Consumers can’t get away from ads that claim the cheapest prices by State Farm, Geico and Progressive. They all seem to have a common claim that drivers will save a bundle just by moving your coverage.

How do they all offer you a better deal? Here is the trick they use.

Companies can use profiling for the type of driver that earns them the most money. For example, a profitable risk profile might be over the age of 50, carries high limits, and has a high credit rating. Any new insured who fits those characteristics will most likely get cheap car insurance rates and is almost guaranteed to cut their rates if they switch.

Insureds who fall short of the “perfect” profile will get a higher rate and ends up with the driver buying from a lower-cost company. If you pay close attention to the ads, they say “drivers who switch” not “everyone who quotes” can save as much as they claim. This is how insurance companies can make claims that they all have the best rates.

This really emphasizes why you absolutely need to do a price quote comparison at every renewal. Because you never know which company will have better prices than you’re paying now.

Car insurance policy specifics

Learning about specific coverages of your car insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Liability insurance

This coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects you from claims by other people, and does not provide coverage for 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 values of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for claims such as court costs, emergency aid and structural damage. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Auto collision coverage

Collision insurance covers damage to your X4 caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sustaining damage from a pot hole, crashing into a ditch, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for bills such as doctor visits, funeral costs and EMT expenses. They are used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like hail damage, hitting a bird, damage from flooding, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your BMW X4.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually these limits do not exceed the liability coverage limits.

Don’t break the bank

Drivers switch companies for any number of reasons including lack of trust in their agent, high rates after DUI convictions, denial of a claim and not issuing a premium refund. Regardless of your reason, finding a new car insurance company can be easy and end up saving you some money.

We just covered quite a bit of information on how to shop for 2018 BMW X4 insurance online. It’s most important to understand that the more you quote car insurance, the more likely it is that you will get a better rate. You may even discover the best rates are with the smaller companies.

As you go through the steps to switch your coverage, it’s very important that you do not reduce coverage to reduce premium. In many instances, someone dropped comprehensive coverage or liability limits and learned later they didn’t have enough coverage. Your goal is to buy enough coverage for the lowest price and still be able to protect your assets.

More information is located below: