Having to pay for overpriced car insurance can drain your savings account and put the squeeze on your family’s finances. Shopping your coverage around is a great way to lower your monthly bill. Drivers have so many insurance companies to insure vehicles with, and even though it’s nice to have a selection, it can be more difficult to find the lowest cost provider.
It’s a great practice to get comparison quotes every six months because insurance rates tend to go up over time. Just because you found the lowest rates for 325ci coverage two years ago other companies may now be cheaper. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the best methods to reduce your cost while improving coverage.
Policy discounts you shouldn’t miss
Companies offering auto insurance don’t always advertise all their discounts in an easy-to-find place, so the following is a list of both the well known and the more hidden savings tricks you should be using. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.
- Fewer Miles Equal More Savings – Keeping the miles down on your BMW could be rewarded with discounted rates on garaged vehicles.
- Lower Rates for Military – Being on active duty in the military can result in better rates.
- Multiple Policy Discount – When you have multiple policies with one company you may earn at least 10% off all policies.
- Defensive Driving Course – Successfully completing a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
- No Claims – Drivers with accident-free driving histories can save substantially compared to bad drivers.
- Own a Home – Owning a house may earn you a small savings because owning a home demonstrates responsibility.
- Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you could save 5% or more.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
- Government Employees – Simply working for the federal government may qualify you for a discount for 325ci coverage with select insurance companies.
As a disclaimer on discounts, some of the credits will not apply to the entire cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
To see a list of insurers with the best car insurance discounts, click here to view.
Quote often and quote early
As you restructure your insurance plan, don’t be tempted to reduce needed coverages to save money. There are too many instances where consumers will sacrifice physical damage coverage to discover at claim time that it was a big error on their part. Your strategy should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.
Discount BMW 325ci insurance is possible online in addition to many insurance agents, and you should be comparing both to get a complete price analysis. Some companies do not provide online quoting and these regional insurance providers work with independent agents.
We just covered a lot of tips how to shop for BMW 325ci insurance online. It’s most important to understand that the more quotes you get, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from a small mutual company. These companies can often provide lower rates in certain areas as compared to the big name companies such as GEICO and State Farm.
