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BMW X1 Insurance Cost

You have lots of choices when shopping for car insurance for your BMW vehicle. You can either buy through an insurance agent or get quotes online to check prices from lots of different providers. Finding cheaper car insurance through online providers saves time, is easy to do and at the same time you may find lower rates.

Finding the best direct price on car insurance is challenging if you are a beginner to online quotes. But don't let that discourage you because we're going to show you how. The are a couple different ways to get quotes from car insurance companies in your area. By far the easiest way to find competitive BMW X1 insurance rates is to perform an online rate comparison. It is quite easy and can be accomplished by completing this short form.

FREE Car Insurance Comparison

What factors determine your insurance rates?

Insurance premiums for a BMW X1 can vary widely and are calculated by many factors. Taken into consideration are:

  • High performance increases premiums
  • Any accidents you may have
  • Home/auto policy bundles save money
  • Use of your vehicle
  • Young drivers cost more
  • Having a spouse can save money
  • Special coverage such as replacement cost
  • Your job
  • The amount of protection requested
  • Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a reduced actual cash value compared to new BMW models so repair costs tend to be lower which may end up costing you less. But more recent BMW vehicles have more advanced features including forward-collision avoidance, a collision avoidance system, a backup camera, and automatic crash notification which can give discounted rates.

To get more specific information about how much rates will be for your vehicle, select the year of your X1 from available model years below.

Liability auto insurance

This will cover damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy higher limits if possible.

Collision insurance

This will pay to fix damage to your BMW caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company. BMW X1 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It's also possible to increase the deductible to save money on collision insurance.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.

How Much are BMW X1 Insurance Rates?