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BMW 8 Series Insurance Cost

Finding cheaper car insurance on the web can be fast and easy and there is a good chance you can save money. The most important part is to compare rates from all companies so you can get all possible prices.

If you are a novice to online car insurance shopping, you can be overwhelmed by the hoards of companies offering insurance. There are several ways to compare rate quotes from different insurance companies. The easiest way by far to find competitive 8 Series insurance rates is to perform an online rate comparison. This can be accomplished by completing this short form.

FREE Car Insurance Comparison

Car insurance premiums on a BMW 8 Series will vary greatly depending on several factors. Some of these factors include:

  • A clean driving record keeps rates low
  • Your credit history
  • Male drivers pay higher rates
  • Low deductibles cost more
  • Safety rating of your 8 Series
  • Your occupation
  • The level of coverage
  • Whether you own your home

An additional factor which can affect 8 Series insurance cost is the year of the vehicle. Models that are a few years old cost less than newer models so the cost to replace them may result in lower rates. Conversely, new BMW models may have safety features such as adaptive cruise control, sideview assist mirrors, dual-stage airbags, and a telematics system so those may give discounted rates.

To get a better idea how rates are influenced for your specific model year, select the year of your vehicle below.

Liability car insurance

This coverage provides protection from damage that occurs to people or other property that is your fault. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so you should buy as much as you can afford.

Collision protection

This pays to fix your vehicle from damage resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in. Collision coverage for your 8 Series can be pricey, so you might think about dropping it from older vehicles. It's also possible to raise the deductible to bring the cost down.

Comprehensive car insurance

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage. The maximum amount you'll receive from a claim is the ACV or actual cash value, so if the vehicle's value is low consider removing comprehensive coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They are used in conjunction with a health insurance plan or if you do not have health coverage. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage.

How Much are BMW 8 Series Insurance Rates?