2015 BMW 4 Series Insurance Rates in 2024 – 6 Ways to Save

Looking for better car insurance rates for your BMW 4 Series? Finding the cheapest car insurance online might seem somewhat difficult for beginners to comparison shopping online. With more and more insurers available, how can people have the ability to compare every company to locate the lowest rates?

It is always a good idea to do price comparisons before your policy renews since insurance prices are constantly changing. If you had the best quotes on 4 Series coverage two years ago the chances are good that you can find a lower rate today. There is a lot of wrong information about car insurance on the internet, but in a few minutes you can learn some great ideas on how to put money back in your pocket.

First Step: Get free car insurance quotes

To find cheaper prices, there are a couple of ways to obtain and compare prices from different insurance companies. The best method to find the lowest 2015 BMW 4 Series rates involves getting comparison quotes online. This is quite simple and can be completed using a couple different methods.

The easiest and least time consuming way to find the lowest comparison rates is to use a rate comparison form. This method eliminates the need for separate quote forms for each price estimate. Completing one form gets you price quotes from multiple low-cost companies. Recommended for those who want to invest the least amount of time.

A more time consuming way to get comparison quotes requires visiting the website of each company and fill out a new quote form. For example, let’s assume you want to compare rates from Nationwide, Farmers and Travelers. You would have to go to each individual site and repeatedly enter your information, which is why the first method is quicker.

It’s up to you how you get prices quotes, just double check that you are using apples-to-apples deductibles and coverage limits with every price quote. If you are comparing different values for each quote it will be nearly impossible to make a fair comparison for your BMW 4 Series. Just a small difference in coverages may result in a large different in cost. Keep in mind that having more price comparisons helps increase your odds of locating more affordable rates.

Don’t miss these six rate-reducing discounts

Car insurance is not cheap, but there may be some discounts that you may not even be aware of. Some of these discounts will be visible when you purchase, but a few need to be specially asked for before being credited. If they aren’t giving you every credit available, you may be paying too high a price.

• Membership in Organizations – Having an affiliation with qualifying employment or professional organizations could trigger savings on your next car insurance statement.
• Good Students Pay Less – Being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
• First Accident Forgiveness – This isn’t a discount exactly, but a handful of insurance companies will let one accident slide without raising rates if you have no claims before the accident.
• Include Life Insurance and Save – Some insurance companies give a discounted rate on car insurance if you buy auto and life insurance together.
• Discounts for New Vehicles – Insuring a vehicle that is new is cheaper since new model year vehicles are generally safer.
• Accident-Free Discounts – Insureds with no claims or accidents are rewarded with significantly better rates on car insurance quote in comparison with bad drivers.

You should keep in mind that some of the credits will not apply to the whole policy. Most cut the price of certain insurance coverages like comprehensive or collision. So when it seems like you could get a free car insurance policy, company stockholders wouldn’t be very happy.

Auto insurance companies who might offer some of the discounts shown above are:

• State Farm
• Esurance
• Progressive
• Liberty Mutual
• Auto-Owners Insurance
• GEICO

Before buying, ask each company or agent the best way to save money. Some discounts listed above might not apply in your area. For a list of insurance companies offering car insurance discounts, enter your zip code here.

Do I need special coverages?

When choosing coverage for your personal vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions could help you determine whether you could use an agent’s help.

• Why am I required to get a high-risk car insurance policy?
• Is my state a no-fault state?
• Does coverage extend to Mexico or Canada?
• Does coverage extend to a rental car in a foreign country?
• How high should my uninsured/underinsured coverage be in my state?
• Is my custom paint covered by insurance?
• What exactly is covered by my policy?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, fill out your zip code.

Do you really save 40% when you switch?

Insurance coverage companies such as Allstate, GEICO and Progressive consistently run ads on television and other media. All the ads seem to make the promise about how much you will save if you get a free car insurance quote and switch your policy. How does every company charge less that you’re paying now? It’s all in the wording.

Insurance coverage companies quote their best rates for the type of driver that earns them the highest profit. For example, a preferred risk may be over the age of 35, has a clear driving record, and drives newer vehicles. Anyone who fits that profile is entitled to the best price and will also save a lot of money.

Potential customers who may not quite match these criteria will get more expensive rates and this results in the customer buying from someone else. If you listen closely, the ads state “customers who switch” but not “all drivers who get quotes” save that much. That’s the way companies can claim big savings. Because of the profiling, you really need to compare price quotes frequently. It is impossible to guess which company will be your best fit.

Car insurance specifics

Knowing the specifics of your policy helps when choosing appropriate coverage for your vehicles. Car insurance terms can be difficult to understand and coverage can change by endorsement.

Liability car insurance – Liability coverage will cover damage that occurs to other people or property that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property.

Liability can pay for claims like legal defense fees, bail bonds, loss of income, funeral expenses and pain and suffering. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for bills for things like surgery, doctor visits, rehabilitation expenses, funeral costs and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover you and your occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your BMW 4 Series.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverages – Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, a broken windshield and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage – Collision coverage covers damage to your 4 Series caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with a tree, crashing into a ditch and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Better coverage you can count on

When you buy car insurance online, make sure you don’t buy lower coverage limits just to save a few bucks. Too many times, someone dropped collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your goal should be to buy enough coverage at an affordable rate but still have enough coverage for asset protection.

Consumers leave their current company for any number of reasons including high prices, not issuing a premium refund, poor customer service or even policy cancellation. Regardless of your reason, choosing a new insurance company is not as difficult as it may seem.

Lower-priced 2015 BMW 4 Series insurance can be sourced online and from local insurance agents, so you should compare both to have the best rate selection. A few companies may not offer the ability to get quotes online and many times these smaller companies work with independent agents.