Cheaper 2017 BMW 2 Series Car Insurance Quotes in 2024

Looking for better insurance coverage rates for your BMW 2 Series? Expensive insurance coverage can bleed your monthly budget and force you to tighten up your finances. Doing a rate analysis is free, only takes a few minutes, and is a good way to cut your insurance bill.

Vehicle owners have multiple auto insurance companies to insure vehicles with, and though it is a good thing to be able to choose, more choices can make it harder to find a good deal.

Why your insurance rates might be higher

One of the most helpful ways to save on insurance is to to have a grasp of the different types of things that help calculate the level of your policy premiums. When consumers understand what positively or negatively impacts your premiums, this enables informed choices that may result in better insurance rates. Many different elements are part of the calculation when quoting car insurance. Most are fairly basic such as your driving history, but some are less obvious such as your marital status or how safe your car is.

• Men tend to take more risk – Over the last 30 years, statistics show females are less aggressive when driving. Now that doesn’t mean women are BETTER drivers than men. Men and women cause auto accidents in similar percentages, but males get into accidents with more damage. They also have more aggressive citations such as DWI and reckless driving.
• Big city or small town – Choosing to live in small towns and rural areas is a positive aspect if you are looking for the lowest rates. Less people means a lower chance of having an accident in addition to lower liability claims People who live in big cities have to deal with traffic congestion and longer commute times. More time commuting means more chances of being involved in an auto accident.
• Be proud to be claim-free – If you are the type of insured that files lots of claims you can look forward to higher rates. Car insurance companies provide the best rates to policyholders that do not abuse their auto insurance. Your insurance policy is intended for the bigger claims that can’t be paid out-of-pocket.
• Keep the miles off and save – The more you drive your BMW each year the higher your rates will be. The majority of insurers rate vehicles based on their usage. Cars and trucks used primarily for pleasure use qualify for better rates than vehicles that are driven to work every day. It’s a good idea to make sure your insurance coverage is rated on the proper vehicle usage. An improperly rated 2 Series is throwing money out the window.

How to buy car insurance online

To find the best car insurance rates, there are several ways to compare rate quotes from companies that offer car insurance in your state. The simplest method to find cheaper 2017 BMW 2 Series rates is to jump online and get quotes. This can be accomplished using a couple different methods.

1. The most recommended method to compare a lot of rates at once would be an industry-wide quote request form. This style of form saves time by eliminating separate quote forms for each company. A single, simple form gets you coverage quotes direct from many companies.
2. A slightly less efficient method to find better pricing is to take the time to go to each company website and get a separate price quote. For sake of this example, we’ll assume you want comparison quotes from USAA, State Farm and Allstate. To get each rate you have to spend time on each company’s site and enter your policy data, which explains why we recommend starting with the first method.
3. The least efficient method to compare rates is driving around to different agent offices. Buying insurance online can eliminate the need for a local agent unless you want the guidance that only an agent can give. It is possible to get prices online but have a local agent actually write the policy.

The method you choose is up to you, but ensure you are comparing exactly the same coverages for each quote you get. If the quotes have different coverage information then you won’t be able to make a fair comparison for your BMW 2 Series. Just a small difference in insurance coverages or limits may cause a big price difference. And when price shopping your coverage, comparing a large number of companies provides better odds of finding lower pricing.

Affordable insurance coverage rates with discounts

Insurance coverage is neither fun to buy or cheap, but you may be missing some discounts that can drop the cost substantially. Some trigger automatically when you get a quote, but less common discounts must be asked for before being credited.

• Pay Early and Save – By paying your policy upfront as opposed to paying monthly you may reduce your total bill.
• New Car Discount – Adding a new car to your policy may earn a small discount because newer vehicles have to meet stringent safety requirements.
• Save over 55 – If you qualify as a senior citizen, you can get a small discount on rates for 2 Series coverage.
• Club Memberships – Joining qualifying clubs or civic groups may earn a discount when shopping for insurance coverage.
• Sign Early and Save – A few larger companies offer discounts for renewing your policy before your current coverage expires. This can save 10% or more.
• Accident Free – Drivers who don’t have accidents have much lower rates in comparison with drivers who are more careless.
• Seat Belt Usage – Buckling up and requiring all passengers to buckle up could save 15% on medical payment and PIP coverage.

Policy discounts save money, but some credits don’t apply to the whole policy. The majority will only reduce specific coverage prices like medical payments or collision. If you do the math and it seems like you could get a free insurance coverage policy, that’s just not realistic.

Larger insurance coverage companies and some of their more popular discounts include:

• GEICO may offer discounts for multi-vehicle, emergency military deployment, air bags, seat belt use, five-year accident-free, and federal employee.
• USAA offers premium reductions for safe driver, defensive driver, family discount, loyalty savings, and military installation.
• Progressive includes discounts for good student, homeowner, multi-policy, online signing, online quote discount, continuous coverage, and multi-vehicle.
• American Family has discounts for Steer into Savings, good student, good driver, TimeAway discount, multi-vehicle, and mySafetyValet.
• Esurance has savings for good student, claim free, paid-in-full, homeowner, safety device, and multi-policy.
• Farmers Insurance policyholders can earn discounts including good student, teen driver, bundle discounts, early shopping, and homeowner.
• State Farm may have discounts that include student away at school, Steer Clear safe driver discount, good driver, driver’s education, good student, anti-theft, and safe vehicle.

When quoting, ask every insurance company which discounts they offer. A few discounts may not apply in your area. If you would like to see a list of insurance coverage companies that provide some of the discounts listed above, enter your zip code here.

Tailor your insurance coverage to you

When choosing coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s needs are different so your insurance needs to address that. For example, these questions can aid in determining whether your personal situation might need an agent’s assistance.

• Am I covered if I crash into my own garage door?
• How does medical payments coverage work?
• What can I do if my company denied a claim?
• Can I still get insurance after a DUI?
• Am I covered if I hit a deer?
• Should I drop comprehensive coverage on older vehicles?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out your zip code.

Auto insurance coverage information

Learning about specific coverages of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by insurance companies.

Liability coverages

This coverage can cover injuries or damage you cause to a person or their property. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, 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 with no separate limits for injury or property damage.

Liability coverage protects against claims such as repair bills for other people’s vehicles, loss of income, medical services, pain and suffering and attorney fees. How much coverage you buy is up to you, but you should buy as much as you can afford.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as prosthetic devices, surgery, X-ray expenses, chiropractic care and dental work. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as damage from flooding, damage from a tornado or hurricane and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision insurance

Collision insurance pays for damage to your 2 Series resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sustaining damage from a pot hole, scraping a guard rail, driving through your garage door and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2017 BMW 2 Series.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Normally these limits are set the same as your liability limits.

Saving money is sweet as honey

Lower-priced auto insurance can be sourced from both online companies as well as from independent agents, so you need to quote car insurance with both in order to have the best chance of saving money. There are still a few companies who may not provide online price quotes and these small insurance companies prefer to sell through independent agents.

We just presented a lot of ways to shop for 2017 BMW 2 Series insurance online. It’s most important to understand that the more times you quote, the better chance you’ll have of finding low cost car insurance. Drivers may discover the best rates are with a small mutual company. Some small companies often have lower car insurance rates on specific markets compared to the large companies like Allstate, GEICO and Progressive.