2006 BMW 6 Series Insurance Quotes – 6 Tips for Best Rates

Sick and tired of paying out the nose to buy car insurance? You’re in the same situation as the majority of other car owners. Big-name insurance companies like State Farm, Progressive and Geico continually hit you with TV and radio ads and it is difficult to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

More discounts equal less premium

Companies that sell car insurance don’t always list every discount in a way that’s easy to find, so the following is a list of some of the best known as well as the least known savings tricks you should be using. If you aren’t receiving every discount possible, you are throwing money away.

  • Accident Waiver – Certain companies will forgive one accident without raising rates if you are claim-free prior to the accident.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and will save you 10% or more.
  • Early Signing – Some insurance companies reward drivers for signing up prior to your current policy expiration. This can save 10% or more.
  • No Claims – Drivers with accident-free driving histories pay much less when compared to frequent claim filers.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts could cut 10% or more off your PIP or medical payments premium.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags can receive discounts of up to 25% or more.

As a disclaimer on discounts, most discounts do not apply to the entire cost. Most cut specific coverage prices like comp or med pay. Just because it seems like it’s possible to get free car insurance, you’re out of luck.

Car insurance companies that possibly offer these benefits are:

It’s a good idea to ask each insurance company how you can save money. All car insurance discounts might not be offered in your area.

It’s not one size fits all

When buying coverage, there really is not a one size fits all plan. Every situation is different and your policy should reflect that. For instance, these questions can help discover whether your personal situation might need an agent’s assistance.

  • Are my friends covered when driving my car?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Do I need PIP coverage since I have good health insurance?
  • Is my BMW 6 Series covered if I use it for business?
  • Are my friends covered when driving my 2006 BMW 6 Series?
  • Can I make deliveries for my home business?
  • Am I covered if I drive in a foreign country?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Switch companies and save? Really?

Consumers get pounded daily by advertisements for the lowest price auto insurance by State Farm and Allstate. They all have a common claim that you can save if you change to their company.

How does each company make almost identical claims?

Insurance companies are able to cherry pick for the driver that earns them a profit. For example, a profitable customer might be between 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. A customer who fits that profile gets the lowest rates and as a result will probably save when switching.

Drivers who are not a match for this ideal profile must pay a more expensive rate and ends up with business going elsewhere. The ads state “drivers who switch” not “people who quote” save that much. That’s the way insurance companies can confidently make those claims. This illustrates why drivers must get as many comparisons as possible. It’s just too difficult to predict which insurance companies will provide you with the cheapest BMW 6 Series insurance rates.

Car insurance 101

Having a good grasp of insurance can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average insurance policy.

Medical expense insurance

Coverage for medical payments and/or PIP pay for short-term medical expenses for chiropractic care, doctor visits, EMT expenses and surgery. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive (Other than Collision)

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hitting a deer, rock chips in glass and vandalism. The most a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability

This coverage will cover injuries or damage you cause to a person or their property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as repair costs for stationary objects, loss of income, attorney fees and pain and suffering. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Collision coverage

Collision insurance will pay to fix damage to your 6 Series resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like backing into a parked car, driving through your garage door, hitting a mailbox and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your BMW 6 Series.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Power to the consumer

When trying to cut insurance costs, it’s not a good idea to reduce needed coverages to save money. There are a lot of situations where someone dropped full coverage only to discover later that it was a big error on their part. The aim is to find the BEST coverage for the lowest price while still protecting your assets.

Affordable 2006 BMW 6 Series insurance is possible from both online companies and with local insurance agents, and you need to comparison shop both so you have a total pricing picture. Some insurance providers do not offer online quoting and most of the time these small, regional companies sell through independent agents.

More information is located on the following sites: