How to Find Affordable Insurance for your BMW 328i
If searching for lower car insurance rates was a good time, we'd have no problem finding the best rate. But unfortunately, it's difficult for a lot of people and we always seem to pay more than we should. You might feel the same pain when having to pay the bill on your BMW 328i.
Step One: Compare Rates from Multiple Companies
The antiquated method of shopping for car insurance included a high pressure visit to the office of your local insurance agent. But now you can eliminate that hassle and buy online!
The first step to finding lower BMW 328i rates is to get quotes from all the major car insurance companies. This is fast and easy and only requires you to complete one form.
To find affordable coverage for your BMW 328i, the first step is to click the link below and complete the short form.
Quote Tip! In order to accurately compare rates for your 328i, it's critical that you use the same limits and deductibles for liability and physical damage coverages like comprehensive and collision. If you use different limits, you will not be able to accurately compare rates between carriers.
Step Two: How to Save on 328i Insurance
What you actually pay to insure your BMW is determined by many factors, some of which you have no control over.
- Cheap insurance rates and high performance don't usually mix. If low rates are your goal, the BMW 328i is probably not the best vehicle due to it's above average performance.
- If you car makes the top ten list of most stolen cars, you might be paying a little extra to insure it.
- When repairing accident damage on luxury vehicles, body shops charge more because the replacement parts are more expensive. Everything from a fender to a tail light will cost more to replace so your insurance rates will be higher as well.
- If you're over the age of 55, check to see if you qualify for a senior citizen discount. Qualification age may vary by company
- People like sports cars like the 328i for many reasons, but one of them is not a low cost to insure. Sporty vehicles generally have higher performance and with that comes higher risk for an accident.
- The advancement of car safety features such as traction control, stability control, front and side-impact air bags and all-wheel drive all help keep insurance costs down.
- Many insurance companies will give you a small discount if you've recently completed a driver's training course.
- To keep your rates low, don't file excessive claims on your policy. Insurance is meant to cover large losses, not small damage that you can pay for out-of-pocket.
- If you have a period where you don't have any insurance coverage, that's called a lapse. The longer the lapse, the more you'll pay to reinstate coverage.
- Car insurance rates for a teen driver on a BMW 328i will be expensive no matter what kind of coverage you have. But if you don't need comprehensive and collision, consider dropping those to save money.
- Renters will find they may be paying more for insurance as compared to homeowners. Owning a home can often get you a small discount on your car insurance.
- Speeding and other minor violations can impact your car insurance rates for up to three years. The increased cost can easily exceed the fine and court costs for the original ticket.
- If you're not sure what your credit rating is, check it now. Car insurance companies use your credit score to determine the rates you pay, so the better your credit, the less you will pay.
- Higher deductibles save money. If you can afford to pay a larger portion of a comprehensive or collision claim, you will pay substantially less for those coverages if you increase your deductibles to $500 or even $1,000.
Step Three: Choose the Right Company for You
If you have found a good price by comparing quotes and also made informed decisions regarding policy limits, deductibles and other policy options that are available, you can now purchase the policy and bind coverage.
Car insurance policies don't have to be cancelled at the renewal date, but just be sure the new policy starts the same day you cancel your old policy. This avoids any gaps in coverage between policies.
Any time you buy a new vehicle, make sure you have car insurance in place, either from an existing policy or a new policy that you purchase from the dealership floor. Be sure to have a new policy ready to go if you are buying a new 328i. If you've never had car insurance or don't have a policy now, you won't have any protection on the vehicle until you add it to your policy.
Upon completion of buying your policy, you need to print out the financial responsibility card that must be kept in your vehicle at all times. Replace any old cards and promptly replace expired cards. An SR-22 filing may be required by your state's DMV if you've been convicted of a serious driving offense such as DUI, DWI or reckless driving. If this applies to you, make sure the car insurance company complies with the SR-22 requirement.
Car Insurance Resources
To do more research on car insurance, visit the Insurance Information Institute website.
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