2018 BMW 3 Series Gran Turismo Car Insurance Rates in 2024 – 10 Ideas for Cheapest Quotes

Consumers have options when looking for the best price on BMW 3 Series Gran Turismo insurance. They can either spend hours driving around to compare prices or leverage the internet to compare rates. There is a better way to buy auto insurance so you’re going to learn the absolute fastest way to price shop coverage on a BMW and get the lowest price from local insurance agents and online providers.

Car insurance companies offer many discounts

Companies don’t necessarily list all available discounts in a way that’s easy to find, so we researched a few of the more common in addition to some of the lesser obvious ways to save on car insurance.

• Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts can save 10% or more on medical payment and PIP coverage.
• Multiple Vehicles – Buying coverage for primary and secondary vehicles with one company may reduce the rate for each vehicle.
• E-sign Discounts – A few companies may give you up to $50 for buying your policy over the internet.
• Safety Course Discount – Taking time to complete a safe driver course is a good idea and can lower rates depending on where you live.
• Payment Discounts – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
• Distant Student Discount – Older children who are enrolled in a college that is more than 100 miles from home and do not have a car could qualify for this discount.
• Driving Data Discount – Drivers who elect to allow driving data collection to track driving habits remotely such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they show good driving skills.
• Mature Driver Discount – If you’re over the age of 55, you may qualify for better car insurance rates on 3 Series Gran Turismo coverage.
• Multiple Policy Discount – If you combine your auto and homeowners policies with the same company you could get a discount of as much as 10 to 15 percent.
• Life Insurance – Some insurance companies give lower prices if you buy some life insurance too.

Consumers should know that some of the credits will not apply to the entire policy premium. Some only apply to the cost of specific coverages such as collision or personal injury protection. Even though it may seem like you can get free auto insurance, company stockholders wouldn’t be very happy.

A partial list of companies who may offer some of the above discounts include:

• GEICO
• Mercury Insurance
• Farmers Insurance
• Auto-Owners Insurance
• Liberty Mutual
• SAFECO
• Progressive
• USAA

If you want inexpensive insurance coverage quotes, ask each company which discounts you qualify for. Some discounts listed above may not be available in your area. To see a list of insurers that have a full spectrum of discounts, enter your zip code here.

Do I just need basic coverages?

When buying proper insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s situation is unique.

For example, these questions could help you determine if your insurance needs would benefit from professional advice.

• When should my teen driver be added to my policy?
• Is my state a no-fault state?
• Is Motor Club coverage worth it?
• Why is insurance for a teen driver so high?
• How do I insure my teen driver?
• If I drive on a suspended license am I covered?
• Should I put collision coverage on all my vehicles?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, take a second and enter your zip code. It’s fast, free and you can get the answers you need.

Insurance coverage basics

Knowing the specifics of your policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Collision insurance

This pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sideswiping another vehicle, hitting a parking meter, crashing into a ditch, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, fire damage, a broken windshield and damage from flooding. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your BMW 3 Series Gran Turismo.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Liability coverages

This coverage can cover injuries or damage you cause to other’s property or people that is your fault. It protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for claims like repair costs for stationary objects, court costs, structural damage and funeral expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for bills for things like X-ray expenses, dental work, pain medications, nursing services and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Stretch your dollar

When you buy insurance coverage online, never skimp on coverage in order to save money. There are many occasions where an accident victim reduced liability coverage limits only to discover later that it was a big error on their part. The aim is to purchase plenty of coverage at the lowest possible cost but still have enough coverage for asset protection.

We’ve covered many tips how you can reduce 2018 BMW 3 Series Gran Turismo insurance premium rates online. The key concept to understand is the more quotes you get, the higher your chance of finding cheap insurance coverage. Drivers may discover the lowest premium rates are with the smaller companies.

The cheapest 2018 BMW 3 Series Gran Turismo insurance can be bought both online and from local agencies, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who do not provide the ability to get quotes online and these smaller companies only sell coverage through independent agents.