2016 BMW 6 Series Car Insurance Quotes in 2024 – 6 Ideas for Best Rates

Searching for lower car insurance rates for your BMW 6 Series? Wish you could get out of high-priced car insurance? Trust us, there are lots of residents who feel the same.

Companies like State Farm, Progressive and GEICO persistently shower you with ad campaigns and it can be hard to see through the deception and take the time to shop coverage around.

Insurance policy discounts you can’t miss

Companies offering auto insurance don’t always list every discount available very clearly, so below is a list some of the more common in addition to some of the lesser obvious insurance savings.

• Early Renewal Discounts – Some companies give discounts for switching policies before your current expiration date. Ten percent is about the average savings.
• No Accidents – Drivers who don’t have accidents pay much less in comparison to accident-prone drivers.
• Discount for Home Ownership – Simply owning a home may trigger a policy discount on insurance because maintaining a house is proof of financial responsibility.
• Student Discounts – Getting good grades may save as much as 25% on a insurance coverage quote. You can use this discount normally well after school through age 25.
• Government Employees – Being employed by or retired from a federal job could cut as much as 10% off on 6 Series coverage depending on your company.
• Accident Forgiveness – Not really a discount, but some companies like Libery Mutual, GEICO and Allstate allow you one accident before your rates go up if you have no claims for a set time period.

Please keep in mind that some credits don’t apply to the overall cost of the policy. Some only apply to specific coverage prices like liability and collision coverage. So when it seems like adding up those discounts means a free policy, you won’t be that lucky. Any amount of discount will cut your policy premium.

To find insurance companies that offer some of these discounts, enter your zip code here.

Switch companies and save? Really?

Well-known insurance coverage companies like Progressive, GEICO, Allstate and State Farm seem to constantly run ads on television and other media. All the companies make the same claim about savings if you move to them. That’s great but how can every company charge you less for car insurance? Just pay attention to how they say it.

Most companies have an ideal profile for the type of driver that earns them the highest profit. For instance, a driver they prefer should be between the ages of 30 and 50, has no tickets, and drives newer vehicles. Any new insured that fits those parameters will get the preferred car insurance rates and will most likely save when they switch companies.

Potential insureds who may not quite match this stringent profile will have to pay more expensive rates which leads to the customer buying from someone else. The ad wording is “drivers who switch” not “everybody who quotes” save that much. That’s the way companies can state the savings.

Because of these techniques, drivers must do a quote comparison often. It’s impossible to know the company that will have the lowest premium rates for your situation.

Insurance agents can help

When buying proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions may help you determine if your insurance needs will benefit from professional help.

• Should I carry comprehensive and collision coverage?
• Can I drive in Mexico and have coverage?
• What is the difference between comprehensive and collision coverage?
• Does coverage extend to my business vehicle?
• Is rental equipment covered for theft or damage?
• Do I have newly-acquired coverage?
• When should my teen driver be added to my policy?
• Should I have combined single limit or split liability limits?
• What is no-fault insurance?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out your zip code.

Auto insurance 101

Learning about specific coverages of your policy aids in choosing which coverages you need for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages found on most insurance policies.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as theft, damage from a tornado or hurricane, a tree branch falling on your vehicle and fire damage. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your BMW 6 Series.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits are set the same as your liability limits.

Collision insurance

Collision coverage pays for damage to your 6 Series resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as damaging your car on a curb, scraping a guard rail, sideswiping another vehicle and driving through your garage door. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability coverage

This protects you from damage that occurs to other’s property or people. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims like pain and suffering, loss of income, medical expenses and legal defense fees. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for pain medications, prosthetic devices, hospital visits, doctor visits and ambulance fees. They are used to fill the gap from your health insurance plan or if you do not have health coverage. It covers you and your occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

More effort can pay off

You just read quite a bit of information on how to lower your 2016 BMW 6 Series insurance rates. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding cheap insurance coverage. Consumers may even find the lowest rates are with a lesser-known regional company. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate, GEICO and Progressive.

When getting insurance coverage quotes online, do not buy poor coverage just to save money. There are many occasions where drivers have reduced full coverage only to find out that their decision to reduce coverage ended up costing them more. The aim is to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.