Cheaper 2013 BMW 1 Series Car Insurance Quotes

Finding lower premiums on car insurance can seem to be hard for consumers not familiar with comparing rates online. You have so many choices that it can be a real challenge to find the best price.

It’s smart to do rate comparisons yearly because insurance rates are rarely the same from one policy term to another. Just because you had the lowest price for 1 Series insurance six months ago a different company probably has better rates today. Ignore everything you know about car insurance because you’re about to learn how to quote online to lower your rates without sacrificing coverage.

How to save on 2013 BMW 1 Series insurance

Car insurance is not cheap, but you can get discounts that you may not know about. Most are applied at the time you complete a quote, but less common discounts must be inquired about before they will apply.

  • Accident Waiver – A few companies will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
  • Bundle and Save – If you insure your home and vehicles with the same insurance company you may earn up to 20% off your total premium.
  • Paperwork-free – Certain companies give back up to $50 simply for signing online.
  • Life Insurance Discount – Larger companies have a break if you buy auto and life insurance together.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Payment Discounts – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • Government Employees – Active or retired federal employment may qualify you for a discount for 1 Series insurance with a few insurance companies.
  • Student in College – Any of your kids who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.
  • Organization Discounts – Being a member of a professional or civic organization may earn a discount when buying insurance for 1 Series insurance.

Drivers should understand that many deductions do not apply to the entire cost. Most only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any qualifying discounts will reduce the amount you have to pay.

Insurance companies that may have some of the above discounts may include but are not limited to:

Before buying, ask each company which discounts you may be entitled to. Some discounts might not be offered everywhere.

How to Compare Insurance Rates

To find the best insurance prices, there are several ways to compare rate quotes from different insurance companies. The fastest way to find the cheapest 2013 BMW 1 Series insurance rates involves getting comparison quotes online. This is very easy and can be done in several different ways.

  • The fastest way to compare a lot of rates at once would be an industry-wide quote request form click here to open form in new window. This form keeps you from doing multiple quote forms to each individual insurance company. One simple form gets rate comparisons instantly.It’s the quickest way to get rates.
  • A more difficult way to obtain and compare quotes online is going to the website for each individual company and request a quote. For instance, let’s say you want to compare Allstate, Farmers and GMAC. You would have to spend time on each company’s site and enter your policy data, which is why the first method is more popular. To view a list of companies in your area, click here.
  • The hardest method of getting rate comparisons is to spend your day driving to local insurance agencies. Shopping for insurance online makes this process obsolete unless you prefer the personal advice of a licensed agent. However, consumers can get the lowest quotes online and get advice from an agent in your area and you’ll learn how to do that later.

It’s up to you how you get prices quotes, just be sure to compare exactly the same coverage limits and deductibles with each company. If each company quotes higher or lower deductibles it will be next to impossible to determine the lowest rate for your BMW 1 Series. Just a small difference in insurance coverages may result in large price differences. It’s important to know that having more price comparisons provides better odds of finding a better price.

Tailor your coverage to you

When buying adequate coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For example, these questions may help highlight whether your personal situation might need professional guidance.

  • When should I remove comp and collision on my 2013 BMW 1 Series?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I rate my 2013 BMW 1 Series as pleasure use or commute?
  • Am I covered if I hit my neighbor’s mailbox?
  • Am I covered if my car is in a flood?
  • Why am I required to buy high-risk coverage?
  • Do I benefit by insuring my home with the same company?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form.

Coverages available on your policy

Knowing the specifics of insurance helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Liability coverage

Liability insurance protects you from injuries or damage you cause to a person or their property that is your fault. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims such as repair costs for stationary objects, funeral expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like damage from flooding, rock chips in glass, falling objects and hitting a deer. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision protection

Collision coverage pays for damage to your 1 Series resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, scraping a guard rail and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

This gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for bills like X-ray expenses, surgery, ambulance fees and prosthetic devices. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Be Smart and Buy Smart

People leave their current company for a variety of reasons including questionable increases in premium, denial of a claim, not issuing a premium refund and delays in responding to claim requests. Whatever your reason, finding a great new company can be less work than you think.

As you restructure your insurance plan, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, someone dropped comprehensive coverage or liability limits to discover at claim time they didn’t have enough coverage. The ultimate goal is to purchase a proper amount of coverage at the best price, not the least amount of coverage.

We covered some good ideas how you can reduce 2013 BMW 1 Series insurance prices online. The key thing to remember is the more price quotes you have, the better likelihood of reducing your rate. Drivers may discover the biggest savings come from a small mutual company.

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