Cheap 2014 BMW 4 Series Car Insurance Cost in 2024

Looking for better insurance coverage rates for your BMW 4 Series? Shopping for cheap insurance coverage online can be overwhelming for consumers new to quoting and online price comparisons. With so many insurance agents and companies competing online, how can you have time to compare every possible option in order to find better rates?

Smart consumers can save money

One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that play a part in calculating insurance rates. If you know what controls the rates you pay, this enables informed choices that could result in better insurance rates.

• Policy add-ons could be costing you – Policies have additional extra coverages that can waste your money on your insurance policy. Add-on coverages like rental car reimbursement, better glass coverage, and extra life insurance coverage are examples of these. The coverages may be enticing when deciding what coverages you need, but now you might not need them so remove them and pocket the money.
• Marriage equates to better premiums – Having a spouse helps lower the price when shopping for insurance. Having a significant other means you’re more financially stable and it’s statistically proven that married drivers tend to file fewer claims.
• A insurance policy lapse can increase rates – Having a gap between insurance policy dates can be a sure-fire way to increase your rates. In addition to paying higher premiums, being ticketed for driving with no insurance may earn you a license revocation or jail time. You may then be required to prove you have insurance by filing a SR-22 with your state DMV.
• Deter car thieves – Choosing a vehicle with advanced anti-theft systems can help bring down rates. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
• Discounts for multiple policies – Many insurers give lower prices to people who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, consumers should still comparison shop to confirm you are receiving the best rates possible. You may still be able to save money by buying insurance from a different company.
• Cautious drivers pay better prices – Drivers with clean records pay lower auto insurance prices compared to bad drivers. Even a single citation may cause rates to rise to the point where it’s not affordable. Drivers who have received dangerous tickets like hit and run, DWI or reckless driving convictions may be required to complete a SR-22 with their state in order to prevent their license from being revoked.
• Teenage drivers pay high rates – Older people have been proven to be more responsible, are lower risk to insure and tend to be get fewer driving tickets. Inexperienced drivers are statistically shown to be less responsible when behind the wheel and because of this, their insurance rates are much higher.
• Infrequent drivers can save – The more miles you rack up on your BMW every year the more you will pay for insurance. A lot of insurance companies charge rates based on their usage. Cars that sit idle most of the time can get a lower rate than vehicles that have high annual mileage. It’s a good idea to make sure your insurance coverage is showing the correct usage, because it can save money. Having the wrong rating on your 4 Series may be costing you higher rates.

The fastest way that we advise to compare car insurance rates is to know the trick most of the larger companies actually pay money for the chance to compare their rates. The one thing you need to do is provide a little information like whether the vehicles are used for commuting, whether your vehicle is owned or leased, level of coverage desired, and how much education you have. The data is instantly provided to multiple car insurance providers and you receive quotes almost instantly.

Drivers who switch save $409 a year? Really?

Allstate and Progressive constantly bombard you with television, radio, and online ads. All the companies make the same claim that drivers can save some big amount after switching to their company. That’s great but how can every company have lower policy pricing?

Most companies have specific criteria for the type of driver that is profitable for them. For instance, a preferred risk may need to be between the ages of 30 and 50, has few claims, and chooses high deductibles. A prospective insured that meets those criteria may get the lowest premium rates and will also cut their rates substantially.

People who don’t meet these standards must pay a higher premium and this results in the customer buying from someone else. The trick companies use is to say “people that switch” not “everyone who quotes” save that much. This is how insurance companies can confidently claim big savings.

Because every company is different, you really should compare free insurance quotes often. Because without a comparison, you cannot know which insurance companies will have the best prices at this point in time.

Save a ton with these car insurance discounts

The cost of insuring your cars can be expensive, but you may find discounts that can drop the cost substantially. Some of these discounts will be visible at the time of quoting, but occasionally some discounts must be inquired about before being credited.

• Sign Early and Save – A few insurance companies allow discounts for signing up before your current policy expires. You can save around 10% with this discount.
• Safe Driver Discounts – Drivers who don’t get into accidents can save up to 40% or more on their insurance quote on 4 Series insurance than drivers with accidents.
• Anti-lock Brake System – Cars and trucks with anti-lock braking systems are safer to drive and will save you 10% or more.
• Discount for New Cars – Buying a new car instead of a used car is cheaper since new vehicles have better safety ratings.
• Accident Free – Claim-free drivers get the best car insurance rates when compared with frequent claim filers.
• Multi-policy Discount – If you have multiple policies with one company you could save 10% to 20% off each policy.
• Smart Student Discounts – A discount for being a good student may save as much as 25% on a insurance quote. You can use this discount normally until age 25.
• Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts may qualify for discounts up to 30%.

You can save money using discounts, but most of the big mark downs will not be given to the entire policy premium. Most cut individual premiums such as comp or med pay. Despite the fact that it seems like you can get free auto insurance, you’re out of luck.

Larger car insurance companies and their possible discounts are included below.

• State Farm policyholders can earn discounts including defensive driving training, multiple policy, good student, Drive Safe & Save, and accident-free.
• GEICO has discounts for daytime running lights, military active duty, anti-lock brakes, five-year accident-free, and membership and employees.
• Progressive includes discounts for good student, continuous coverage, online signing, multi-vehicle, online quote discount, and multi-policy.
• 21st Century may have discounts that include early bird, 55 and older, homeowners, driver training, and automatic seat belts.
• American Family has savings for bundled insurance, air bags, early bird, defensive driver, good student, accident-free, and TimeAway discount.
• The Hartford offers discounts for driver training, defensive driver, anti-theft, vehicle fuel type, and air bag.
• AAA may include discounts for education and occupation, good student, AAA membership discount, good driver, multi-car, and anti-theft.

Before you buy a policy, ask each company or agent which discounts you may be entitled to. Some discounts may not apply in your state.

Car insurance can get complicated

When buying adequate coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

For instance, these questions may help highlight if your insurance needs may require specific advice.

• Do all my vehicles need collision coverage?
• Am I covered when driving someone else’s vehicle?
• Who is covered when they drive my 2014 BMW 4 Series?
• What is high-risk coverage and where do I buy it?
• Is my nanny covered when driving my vehicle?
• What is medical payments coverage?
• Am I covered when driving a rental car?
• Does car insurance cover theft of personal property?
• Am I covered when delivering products for my home-based business?
• Does my liability insurance cover pulling a trailer or camper?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete your zip code.

Coverage specifics

Understanding the coverages of your policy can help you determine the right coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Comprehensive protection – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as a broken windshield, fire damage, damage from getting keyed, hitting a deer and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical expense coverage – Coverage for medical payments and/or PIP reimburse you for immediate expenses for prosthetic devices, chiropractic care, ambulance fees, X-ray expenses and funeral costs. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.

Liability coverage – Liability insurance can cover injuries or damage you cause to other’s property or people. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like legal defense fees, court costs, pain and suffering, medical services and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Collision – This coverage will pay to fix damage to your 4 Series from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like backing into a parked car, crashing into a building, sustaining damage from a pot hole, crashing into a ditch and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Better coverage you can count on

Drivers who switch companies do it for many reasons like high rates after DUI convictions, unfair underwriting practices, extreme rates for teen drivers or poor customer service. Regardless of your reason for switching companies, switching companies can be pretty painless.

We just presented some good ideas how to reduce 2014 BMW 4 Series insurance auto insurance rates online. The key thing to remember is the more price quotes you have, the better likelihood of getting affordable insurance. You may even find the biggest savings come from the least-expected company.

Cheaper car insurance can be bought on the web as well as from independent agents, so get free insurance quotes from both of them to have the best selection. A few companies may not have online quoting and many times these small insurance companies only sell coverage through independent insurance agencies.