Save on 1990 BMW 3 Series Insurance Cost

Want the cheapest auto insurance rates for your BMW 3 Series? Are you tired of trying to scrape together enough money to insure your BMW every month? You are no different than most other car owners. Because there are so many options when it comes to auto insurance, it can be diffult for consumers to pick the best company.

Comprehensive Insurance Coverage Comparison

There are a lot of ways to compare insurance coverage quotes, and some are less labor-intensive and much quicker. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could save time and use the web for quick rates.

Many insurance companies are enrolled in a marketplace that enables customers to submit their information once, and every company returns a competitive quote. This prevents consumers from doing quote forms to every company. To get comparison pricing now click here to open in new window.

The one downside to pricing coverage this way is you don’t know exactly the providers you want to price. If you wish to select from a list of companies to compare rates, we have a page of the cheapest insurance coverage companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just be sure to compare exactly the same quote information with every price quote. If you use different deductibles it’s impossible to find the best deal for your BMW 3 Series.

These discounts can lower your rates

Insurance can cost an arm and a leg, but companies offer discounts to cut the cost considerably. A few discounts will automatically apply when you complete an application, but some must be inquired about before you get the savings. If you aren’t receiving every discount possible, you are throwing money away.

Early Signing – Select companies give a discount for switching policies prior to your current policy expiration. This can save 10% or more.
Employee of Federal Government – Simply working for the federal government could cut as much as 10% off on 3 Series coverage with select insurance companies.
Multi-car Discount – Having more than one vehicle on one policy can get a discount on all vehicles.
Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on 3 Series coverage than drivers with accidents.
Good Students Pay Less – Performing well in school can save 20 to 25%. The discount lasts until age 25.
Homeowners Discount – Owning a home may earn you a small savings because maintaining a house demonstrates responsibility.
Sign Online – Certain companies give back up to $50 just for signing your application over the internet.
Resident Student – Kids in college living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
No Accidents – Good drivers with no accidents can earn big discounts compared to accident-prone drivers.

Keep in mind that most discounts do not apply to the entire policy premium. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, it doesn’t quite work that way. Any amount of discount will help reduce your overall premium however.

Car insurance companies that may offer these benefits include:

Before buying, ask each company which discounts you may be entitled to. Savings may not be available everywhere.

Different people need different coverages

When buying the best insurance coverage for your vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions may help highlight if you may require specific advice.

What can I do if my company won’t pay a claim?
Can I get a multi-policy discount for packaging my home and auto coverage?
Will I be non-renewed for getting a DUI or other conviction?
How high should my uninsured/underinsured coverage be in my state?
Am I covered when driving in Canada or Mexico?
How high should deductibles be on a 1990 BMW 3 Series?
What is covered by UM/UIM coverage?
Do I have coverage for damage caused while driving under the influence?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Insurance coverages 101

Knowing the specifics of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on the average insurance policy.

Auto liability insurance

Liability coverage will cover injuries or damage you cause to other people or property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as court costs, repair bills for other people’s vehicles, attorney fees, medical expenses and structural damage. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible.

Collision coverage

This coverage will pay to fix damage to your 3 Series from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as hitting a parking meter, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like rock chips in glass, hitting a bird, damage from getting keyed and falling objects. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like funeral costs, dental work and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your BMW 3 Series.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.