Locating low-cost insurance for a BMW 328is can be an all-consuming task, but you can learn our car insurance buying tips to make it easier. There are both good and bad ways to shop for car insurance so you’re going to learn the best way to compare rates for your BMW and get the lowest possible price either online or from local insurance agents.
It’s smart to price shop coverage occasionally due to the fact that insurance rates are variable and change quite frequently. Even if you think you had the best price for 328is insurance six months ago you will most likely find a better rate today. Ignore everything you know about car insurance because you’re about to learn the things you must know in order to find better coverage at a better price.
Which Car Insurance is Cheapest?
Comparing car insurance rates can be a daunting task if you don’t know the best way to get rate quotes. You could waste a few hours talking to local insurance agents in your area, or you can stay home and use the internet to accomplish the same thing much quicker.
The majority of car insurance companies enroll in a system where insurance shoppers submit one quote, and each participating company then gives them pricing for coverage. This system prevents you from having to do repetitive form submissions for each company.
To get comparison pricing now click here to start a free quote.
The one downside to comparing rates this way is that consumers can’t choose which companies you want pricing from. So if you prefer to pick individual companies to request quotes from, we put together a list of the cheapest car insurance companies in your area. Click to view list.
It doesn’t matter which method you choose, just compare the exact same coverages for every company. If your comparisons have different liability limits you can’t possibly determine the lowest rate for your BMW 328is.
Is there truth in advertising?
Consumers can’t get away from ads for cheaper car insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all make an identical promise of big savings if you move your coverage to them.
How does each company make the same claim? This is how they do it.
Insurance companies are able to cherry pick for the type of driver that is profitable for them. An example of a profitable customer could be over the age of 40, has no tickets, and has a short commute. Any driver who fits that profile gets the lowest rates and therefore will pay quite a bit less when switching companies.
Drivers who don’t meet the requirements will be quoted higher prices which usually ends up with business going elsewhere. The ad wording is “people who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully make those claims. This emphasizes why you need to compare as many rates as you can. It is impossible to predict which company will fit your personal profile best.
Don’t miss out on these money-saving discounts
Companies offering auto insurance do not list every discount very clearly, so we researched both the well known and the harder-to-find ways to save on car insurance. If you’re not getting every credit available, you are paying more than you should be.
- Government Employees – Active or retired federal employment can save as much as 8% for 328is insurance with a few car insurance companies.
- No Claims – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
- Drive Less and Save – Driving fewer miles could qualify for better rates on cars that stay parked.
- More Vehicles More Savings – Buying insurance for multiple cars or trucks with the same company may reduce the rate for each vehicle.
- Early Signing – Some insurance companies reward drivers for buying a policy before your current expiration date. This can save 10% or more.
- Discounts for Safe Drivers – Safe drivers may receive a discount up to 45% less for 328is insurance than drivers with accidents.
Keep in mind that most credits do not apply to the entire cost. Most only reduce individual premiums such as liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, you’re out of luck.
Final thoughts
We’ve covered many ways to lower your BMW 328is insurance rates. The most important thing to understand is the more companies you get rates for, the better likelihood of reducing your rate. You may even discover the best prices are with an unexpected company.
Insureds change insurance companies for a variety of reasons including not issuing a premium refund, policy non-renewal, high prices or questionable increases in premium. Regardless of your reason, finding a new car insurance company can be easy and end up saving you some money.
Cost effective BMW 328is insurance is possible both online in addition to many insurance agents, so you should compare both to have the best selection. Some companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.
