Cheaper 2016 BMW 6 Series Insurance Quotes

Want lower auto insurance rates for your BMW 6 Series? Are you a victim of overpriced auto insurance? Trust us when we tell you you’re not the only one.

Online insurance companies like State Farm, Progressive and Geico all promote huge savings with ads and consumers find it hard to see past the corporate glitz and do the work needed to find the best deal.

It’s important to price shop coverage on a regular basis since rates tend to go up over time. Even if you got the best rates for 6 Series insurance six months ago you will most likely find a better rate today. You’ll find quite a bit of inaccurate information about auto insurance on the internet, so I’m going to show you some tested techniques to put money back in your pocket.

BMW 6 Series insurance rates have many determining factors

It’s important that you understand the rating factors that play a part in calculating the price you pay for car insurance. Knowing what controls the rates you pay allows you to make educated decisions that could result in better car insurance rates.

  • Multiple policies with one company can save – Many car insurance companies will award you with lower prices to people who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount you still need to compare other company rates to verify if the discount is saving money.
  • Claim-free discounts can add up – If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Car insurance companies generally give lower rates to policyholders who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle with anti-theft technology or alarm system can help lower your rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart car theft.
  • Liability coverage protects you – Liability coverage is the protection when you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides for a legal defense starting from day one. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Males pay more for insurance – Statistics show women are more cautious behind the wheel. However, this does not mean men are WORSE drivers than women. They both cause accidents at a similar rate, but the men have costlier accidents. Men also statistically get cited for more serious violations like DUI and reckless driving. Youthful male drivers are most likely to cause an accident and therefore have the most expensive car insurance rates.

Take advantage of discounts

Car insurance companies don’t always list every discount in a way that’s easy to find, so the following is a list of both well-publicized and also the lesser-known insurance coverage savings.

  • Safety Course Discount – Taking part in a course in driver safety can save you 5% or more if your company offers it.
  • College Student – Children who attend school more than 100 miles from home and don’t have a car can receive lower rates.
  • Air Bag Discount – Cars that have air bags or motorized seat belts may earn rate discounts of 20% or more.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • Low Mileage – Driving fewer miles can earn better rates on cars that stay parked.
  • Multiple Vehicles – Insuring multiple vehicles on one policy qualifies for this discount.
  • Life Insurance Discount – Select insurance companies reward you with better rates if you take out life insurance from them.
  • New Car Discount – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.

Keep in mind that most discount credits are not given to the entire cost. Most only reduce individual premiums such as comp or med pay. So when the math indicates all those discounts means the company will pay you, you’re out of luck.

Insurance companies that may offer some of the above discounts are:

Check with each insurance company which discounts they offer. Savings might not be offered in every state.

The auto insurance bait and switch

Companies like Allstate and Progressive constantly bombard you with television and radio advertisements. All the ads have a common claim that you’ll save big if you switch your policy. How does each company say the same thing?

All companies have a preferred profile for the right customer that earns them a profit. For example, a preferred risk might be profiled as over the age of 40, a clean driving record, and has excellent credit. A customer getting a price quote who matches those parameters will get very good rates and is almost guaranteed to save quite a bit of money when switching.

Potential customers who don’t qualify for these standards must pay a more expensive rate which leads to the driver buying from a lower-cost company. The ads state “drivers who switch” not “everybody who quotes” save money. This is how companies can make the claims of big savings. This illustrates why you absolutely need to quote coverage with many companies. It’s not possible to predict which company will provide you with the cheapest BMW 6 Series insurance rates.

How to know if you need help

When it comes to choosing coverage, there is no best way to insure your cars. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that may help highlight if you could use an agent’s help.

  • What is an SR-22 filing?
  • Should I rate my 2016 BMW 6 Series as pleasure use or commute?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • How can I find cheaper teen driver insurance?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How high should my medical payments coverage be?
  • How high should deductibles be on a 2016 BMW 6 Series?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage breakdown

Having a good grasp of your policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverage types found on most insurance policies.

Collision – This coverage covers damage to your 6 Series from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like rolling your car, driving through your garage door and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your BMW 6 Series.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like hospital visits, EMT expenses, dental work, X-ray expenses and pain medications. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Liability insurance – This protects you from damage that occurs to other people or property in an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like pain and suffering, attorney fees, emergency aid and legal defense fees. How much coverage you buy is your choice, but you should buy as much as you can afford.

Comprehensive (Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as theft, a tree branch falling on your vehicle, a broken windshield, hail damage and damage from a tornado or hurricane. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Stretch your dollar

In this article, we presented many ideas to compare 2016 BMW 6 Series insurance prices online. The key thing to remember is the more price quotes you have, the better your comparison will be. You may even discover the best price on auto insurance is with the least-expected company. These companies often have lower prices on specific markets as compared to the big name companies such as Progressive and Geico.

Low-cost insurance can be bought on the web and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

More detailed auto insurance information is located in the articles below: