BMWs are often expensive and fairly prestigious vehicles to own, so you will likely want to make sure that you take out a suitable insurance policy to protect your purchase. BMW itself also provides a range of financial services, including insurance products designed specifically with BMWs in mind. While you will likely be able to find cheaper insurance packages elsewhere, particularly if you use the price comparison websites, taking out an insurance policy with BMW itself presents a number of advantages.
BMW Insurance currently offers several insurance policies designed exclusively for BMW vehicles. Alternatively, if you want to find the cheapest car insurance for your BMW, you may want to take a look at any of the financial comparison websites to get quotes sent to you online. With any insurer, premiums will vary depending on a number of factors, such as the insurance group of your car, your age and level of experience, where you live and what you use the car for.
The following takes a look at the policies specifically tailored to the BMW i range of cars. These include all modern electric cars manufactured under this sub-brand since 2011. BMW provides similar policies for all of its other new cars.
BMW FlexiMile Insurance
These policies are available exclusively for all electric BMW vehicles. These policies allow you to save a considerable amount of money on your insurance premiums due to the fact that they are based on low annual mileages up to a maximum of 5,000 miles. Using a special device installed for free in your vehicle, your distance travelled will be tracked, and you will be kept up-to-date on your mileage. The policy is completely flexible, so you will not actually need to restrict yourself to driving less. However, any extra miles will mean added costs to your insurance premiums, since you will be charged on a per-mile basis. For those who do not drive very much or plan to use their BMW only as a second car, these policies can save you quite a lot of money. Others may find it more cost-effective to switch to their standard comprehensive insurance policy.
7-Day Complimentary Insurance
This policy is a comprehensive one offering coverage for third party liability, theft, fire and damage. This policy is available to any BMW cars of the ‘i’ series. This policy allows you to get coverage for your car on the day that you buy it. It is primarily available through BMW dealers themselves, and as with all of their insurance policies, it is underwritten by Allianz Insurance.
BMW Shortfall Insurance
This insurance package provides comprehensive coverage whereby you will be paid the full amount you paid for your car in the first place in the event that it is written off in an accident. BMW Shortfall insurance is the company’s premium car insurance package, tailored to minimize the financial risk taken on your part. You can choose your own level of coverage, and the policy will pay any difference between the settlement figure and the invoice price of the vehicle. If you purchased your BMW on finance, the policy will pay the outstanding finance amount instead.
Teen car insurance is a must, almost obligatory to protect both car and the teen. It is true that adding a teen in the insurance policy increases the premium for obvious reasons.
The very high rate of drivers under 20 involved in accidents.
The sense of irresponsibility and carelessness naturally found in teens.
Mathematically, premium can skyrocket from 100-500% with teens in the policy
However, that doesn’t mean depriving of car keys from your teen. There are easy steps and ways to eradicate “danger “keeping the insurance rate “low” and maintaining “safety” of your teen.
1.Having a clean driving record helps a lot. Since a single DWI conviction can raise car insurance premium from base premium of few hundreds to thousands of dollars yearly.
2.A good academic record and regular high school or college going teen wins greater discounts in car insurance policy of many companies.
3.Insurance companies prefer least risking teens that show responsible behavior and in this regard some driving school certificate or some community center membership is useful in proving the teen trust able for the companies. This gets him/her discount in policy and doesn’t add up burden on you as well.
4.Safe car with safety measures is a blessing for your teens. It involves automatic seat belts, impact bags, anti-lock breaks etc.
5.Teaching him/her is the best on your part. For example what to do in case of emergency or how to report a claim, how many passengers to be in the car, respecting traffic rules and how to avoid all things you did wrong being a teen and now you don’t want them to do.
6.Talking of stats, teens have to pay a lot more than you do. Tell them why is this? Why do the insurance companies not trust teen drivers? So that, they can learn what not to do.
Every family deserves the best, which includes teen car insurance but safety of the family comes first and to maintain that one has to be responsible and law-abiding.
Times are hard and we need to economize on many things. However, our cars are essential to our lives and our jobs. We don’t want to fret about high car insurance costs but car insurance is mandatory both for legal reasons and for our own peace of mind. It’s not something we want to skimp on. However, there are ways to minimize the costs of our auto insurance without compromising the quality of he coverage. If you think you’re getting the cheapest car insurance for your needs right now, you may want to reconsider after reading these tips on getting the best car insurance rates.
The first thing to do is to take stock of your individual situation and that of your vehicle to see if there are any ways to get a reduction in your auto insurance rates.
For one thing, if you are a member of the armed services, you are eligible for a military discount on your auto insurance rates. Also, if you haven’t been involved in any accidents for a number of years you can apply for a safe driver discount. And if you just use your car to commute to work, you could apply for a lower mileage discount. Some insurers recognizing that the less your drive your car, the less likely you are to have an accident will offer such a discount.
Another thing you can do to get lower rates is to take a defensive driver or driver education course. These courses are recognized by insurance companies and you’ll soon recap the cost of the course through lower insurance premiums.
Next there’s the matter of your vehicle. Some insurance companies offer discounts on insurance for vehicles with certain safety features such as air bags, anti lock brakes, automatic restraint systems, and automatic daytime lights.
By doing such an inventory on yourself and your vehicle, you can make sure you’re taking advantage of any discounts that insurers might be offering.
However, the most significant savings in car insurance you can make are those that come from getting your auto insurance online. Not only can this kind of comparison shopping get your the best rates, you can also be sure that the companies involved are reputable.
The procedure is very simple. You visit the web site an insurance comparison company and enter your zip code. You will then get a list of companies in your area that can provide you with a range of car insurance quotes. You can choose one or all of these companies. Simply fill in the usual details regarding home, vehicle and driving history and you will be presented with a range of quotes from local car insurance providers. You can then compare these to decide on the most suitable offering for you. These sites also provide contact information where you can ask more questions.
By comparing car insurance quotes online in this way you can save yourself a lot of time and effort compared to contacting local insurance companies individually. It also beats calling companies up on the phone and having to give out all your details over and over again. By comparing online, you can be sure youre getting the lowest insurance quotes for your state. However, don’t forget that price is not the only factor you should take into account when getting insurance for your car.
In UK, it is mandatory for car owners to have a valid insurance for their car. This necessity as well as oodles of uncertainties have put a serious need for car owners to avail a car insurance. Usually, people grumble about the insurance being a costly affair to avail. A cheap car insurance available at cheap rate, thus, becomes a sought after stuff for car owners. Before one has finally decided to buy any specific car insurance, there are some guidelines needed to be taken care of.
The first and most important thing needed to be considered by you is the type of insurance you are buying. Several of insurance agents may approach you to buy their insurance, and even you may be confused while picking the right one. The best way is to learn more about all types of insurance available in the market, and choose the one meeting your insurance requirement.
Shopping is the second most important point needs to be considered while buying cheap car insurance. As there is flood of insurance selling companies, it becomes harder to decide which insurance is better. Instead of relying upon any insurance agent, you should rather do some online research. You will have options to get free quotes. Compare the different quotes and then choose the best one meeting your budget.
Falling prey to brokers may yield you an easy access to buy the insurance, but they will look only their own benefits. Thus if you are buying Cheap Car Insurance through an agent, learn better about the kind of insurance and how it is going to benefit you. Before finalising any deal, it is better that you read all the documents, their policies and guidelines carefully. Check well about the hidden cash back, premium amount, etc. Being careful about such things may assure you to have a good car insurance while buying an insurance for your car.
Do you discover that you choose to don’t have as a lot income as you’d like left around following all of one’s bills every single 30 days? Don’t you wish you could shave some of your charges so that you choose to could pay for some of life’s luxuries? There are a couple of approaches you may cut spine. It is possible to eat significantly less, you can go out not as much, you are able to seek to preserve on electrical energy by turning the lights away from as significantly as possible instead of jogging your heat/air as a lot, and you are able to also compare vehicle insurance policy premiums making sure that you can get the best offer doable. Comparing vehicle insurance coverage rates may be very easy and you could end up saving hundreds of money every twelve months just by going with the company that gives the very best vehicle insurance policy charges all around. That signifies more money within your pocket so that it is possible to get pleasure from everyday life as an alternative to shelling out all of your earnings on bills.
Vehicle insurance costs differ from business to company. The good information is usually that you will find a lot of organizations around that you might be certain to search out one which provides vehicle insurance coverage charges at a lower cost than everything you’re paying out now. You have some possibilities when it involves evaluating your car insurance policies charges against the competitiveness. You are able to both name around to your several corporations, or you may go on the web. The world wide web has created it really effortless to examine and contrast firms. You may, with a number of clicks of the mouse, check out auto insurance policies premiums, check it out which firms hold the highest automobile insurance plan firm scores, and you can even examine opinions from people today that are happy, or dissatisfied, with the different firms all-around.
Once you find a company that gives a decrease vehicle insurance plan pace than everything you’re paying out, you need to switch to that business. These organizations specialize in switching you through from your present insurer to them and it’s frequently quite seamless. You just explain them you need to switch and it’s completed. Make sure, though, that if you uncover an organization with reduce premiums, you’re finding the very best insurance plan on your income.
All people demands vehicle insurance coverage, but not every person needs to shell out out the nose for it. By checking all around and doing a swift comparison of every organization close to, it is possible to assure that you just’re spending the reduce vehicle insurance costs probable. That ought to give you peace of mind in addition as a little excess income within your pocket just about every 30 days.
Car insurance is a policy that is purchased for cars to provide financial protection against physical damage or bodily injury from an accident or against liability that can occur from accidents. It is also known as auto insurance and can be purchased for private cars, trucks, public motor vehicles as well as motorcycles. Most car insurance will cover medical fees for the insured party, physical damage for insured vehicle, theft, fire and damages caused for third party insurance. Some insurance companies also offer to pay the cost to rent a vehicle if yours is damaged and the cost of towing the damaged vehicle to a repair facility.
Regulations on Insurance
Insurance policies vary in legal regulations in different areas, but for most places, it is compulsory to insure cars before using and getting them on the road as this is normally related to both the car and the driver. The most common known car insurances are: the compulsory third party insurance which mainly covers personal injury and liability, with it is also a comprehensive cover that covers damage to someone else, property, or the vehicle, as well as your own and a third party insurance that seeks to recover damage to other properties or vehicles, but not yours. In addition to this, are other car insurance companies like private car insurance, which is mainly for private cars and commercial car insurance, which is for trucks.
Variances in Insurance Policies
Usually, for most car insurance policies there are flexible contributions paid each time a car is repaired with charges billed to insurance policy and are referred as excess and payments are done directly to the accident repair when the owner collects the car. One of such excess contribution is the compulsory excess where minimum excess payments are given to the insurer and the voluntary excess which is an extra amount above the compulsory excess to be paid in the event of claim on policy.
In this recession everyone is looking to save on their car insurance. You may remember the 2000 year old famous saying that says, “Ask and ye shall receive”. That is exactly the same situation when it comes to car insurance discounts.
If you ask you will receive. If you don’t, you wind up paying full price. The good news is you may be surprised how many there are available to you. Are you ready?
Life and car insurance discount Save up to 5% on your auto insurance policy when you also purchase life insurance from your insurance carrier.
Long-term policyholder car insurance discount: This is also known as a loyalty program for policyholders. When you hit your third year anniversary with certain companies, you will be qualified to save up to 5 percent on your auto insurance. It gets even better when you hit your fifth anniversary you save up to 15%.
Affinity car insurance discount: You can save up to 3 percent on auto insurance if you are a member of a qualifying organization.
Low mileage discount: How often do you use your vehicle? Think about it for a moment. If your vehicle is not driven often then it has a less of a chance to be in an accident. Bingo! That means extra money in your pocket.
Occupational discount: Believe it or not, if you work in a certain field or hold a certain degree, you may be able to save a few more dollars on your automobile insurance. Why not pick up the phone and call us now to see if you qualify?
Auto club discount: Are you a member of an auto club, like AAA? Then let us know, you will be glad you did when you find out the extra savings it will mean for you.
The Old Alma Mater Discount: If you are still a member of your schools association you may be eligible for additional savings.
Away-at-school discount: Is your child attending school out of town? Then they may receive a discount on their insurance. This is a good excuse to get them out of the house sooner!
Well, there you have it, seventeen secrets to saving on your car insurance. Now what will you do with this information? Why not contact a local insurance agent to see how you can start saving today?
Adding young drivers to your car insurance policy can raise your premium and can be very expensive that’s why for parents it is important to find cheap car insurance for young drivers. Young or teen drivers below 25 years of age are four times likely to encounter road accidents or mishaps than drivers who are experienced. This is the reason why most car insurance companies increase insurance premiums around 50 to 100 percent when you add your teens to your car insurance policy. However, there are many car insurance companies online that offer cheap car insurance for young drivers.
There are of course helpful ways in which you could obtain cheap car insurance for young drivers and avoid very high increase in your premiums.
1. Good/High Grade Discounts
Some car insurance companies offer discounts of around 10 to 20 percent for young/teen drivers to that will meet the requirements of a Good Student Discount offer and because of this you can obtain cheap car insurance for young drivers. And this is offered only to full-time students who have an average grade of B or above. This is also a good way to encourage students to work their grades up.
2. Car Insurance Policy
Inquire about adding your teen on to your car insurance policy rather than applying for a new one for him/her. You can ask your agent about this to save money and even qualify for bigger discounts and avail cheap car insurance for young drivers.
3. Quotes Online
Search online to get different car insurance quotes from different car insurance companies and compare them to determine which car insurance company offers the best deal at an affordable price that you cannot refuse. Each company offer different rates and different coverage for your vehicles and they also offer cheap car insurance for young drivers. And also, you can let your teens use secondhand or used cars instead of brand new ones because you can get lower quotes and obtain cheap car insurance for young drivers.
Teaching the teens to drive safely and have the adequate amount of insurance should be the responsibility of the parents. A lot of accidents have been reported and it usually involves teenagers driving under the influence of alcohol or drugs. You should not let this happen to your teens. As early as possible teach your teens how to be a responsible driver and respect other people on the road.
– Speed Limit
Advice your teens to drive within the speed limit. Tell them to always obey traffic rules and regulations.
– Always Fasten Seat Belts
Remind your teens to never forget fastening the seat belt. It is also important for passengers to buckle up whenever riding the vehicle.
– Don’t Drive under the Influence of Alcohol or Drugs
There have been many cases of accidents/car crashes that involve teens under the influence of alcohol or drugs. Be sure to tell your teens to never drive when they’re drunk to avoid any untoward incidents or terrible accidents from happening to them. Driving under the influence of either alcohol or drugs is one of the leading causes of teenage deaths.
– State Rules and Regulations
Make sure you that you review with your teens all the state legal regulations that are applicable to all drivers so that you will have greater possibilities of availing cheap car insurance for young drivers. Make sure they understand all of them before they hit the road.
These are just a few tips on how to avail of cheap car insurance for young drivers and safety driving for your teens. There are still a lot of safety tips and precautions out there for your teens to learn and a lot of companies offer cheap car insurance for young drivers. As early as possible, explain to them the importance of carrying enough car insurance coverage for their protection. And most of all, teach them how to be responsible drivers.
If you need to discover very cheap car insurance you have to comprehend how you are perceived by an insurance company. Every driver who approaches an insurance provider for cover is regarded as a risk. The more of a danger you are the more you are going to pay for insurance cover. It’s very important to let the insurance company know all your superior qualities as a car driver. Make a point of telling them you have an excellent motoring history. If you have in no way been caught up in an accident let them know. If you never, or very rarely, get a speeding ticket tell them. Insurance companies want consumers who never claim for theft or damages. The more you can persuade them with evidence you’re low risk, the lower your monthly insurance premium certainly will be.
Very cheap car insurance needn’t be the results of taking out poor coverage, just because the premium is more reasonably priced. You will get competitively priced insurance because you are a reliable driver. If you’re a safe car driver who rarely has to claim be sure to have a policy that gives you a bonus after a set time period as a reward. Usually this takes place roughly every four years. It is a technique of encouraging irresponsible car drivers to drive carefully. If you have no penalty points, no history of speeding and your automobile is kept in a garage, then you might be likely to be offered more cost effective cover. The insurance industry is very competitive, and this can work in your favour, as all insurers need your business.
The thing about automobile insurance is it is such a minefield to search out the very cheap car insurance for your explicit requirements. Each particular person wishes something completely different to the next and that is what makes it such a frightening thing to organise. We’re inundated with ads on Television, on-line and in newspapers. The mind-boggling array of various providers let alone insurance policies to select from make the subject a hair-raising one for many. A Yahoo search on-line for ‘auto insurance’ offers a staggering 638,000,000 results, which is sufficient to make even the strongest personality wince! In fact it doesn’t need to be complex to choose your vehicle cover. There are comparability web sites which may help you choose the perfect vehicle insurance cover for you personally. All you need do is go through a few basic details about your car, your self and how much cover you want out of your auto cover and ‘hey presto’ you get a listing of choices.
If your insurance cover is almost due for renewal and you need to find very cheap car insurance, have a look around, it maybe that in case you discover someone to provide the identical cover for less, your existing car insurance supplier may actually equal the deal. At the end of the day in the event you don’t ask you do not get so bear this in mind. There are lots of auto insurance providers, all offering very related products. Your wants relating to vehicle insurance will usually dictate the insurer you go with. All of us want to save money in these tough financial times, and there’s genuine savings to be made on insurance cover products, you simply need to put in some energy to finding the less expensive deals down.
When it comes to the threat of vandalism, it’s less a matter of “if” than a matter of “when.” The sad fact is that vandalism is quite rampant in the UK. Although the criminals who cause the damage are more than willing to inflict their pain on vehicle makes and models across the board, they seem to have a particular penchant for damaging a particular kind of automobile. Naturally, you should have automobile cover anyway, but if for no other reason, the portent of vandalism is strong cause to make sure you have sufficient car insurance for your BMW.
Statistics Tell the Truth
Don’t think it will happen to you? Do you believe that, as long as you avoid dodgy areas of town, your prized vehicle will be spared from the humiliating and heart-wrenching experience of spiteful damage? It’s a pleasant dream to cling to, that everyone who beheld a machine of beauty would appreciate the art form it reveals in motion. Unfortunately, the reality is that, as the kids say, “haters gonna hate” and ill-raised people do express their resentment and bitterness through spiteful attacks on other people’s vehicles.
For owners of cars boasting precision German engineering, the reports are particularly disheartening. Data gathered over many years demonstrates that the Ultimate Driving Machine is often the Ultimate Target for vandalism.
In 2011, four models from the Bavarian Motor Works made the top ten list of the most vandalised types of cars in the UK. That means that of all the cars in Britain that were targeted for damage by criminals, cars specifically from this maker suffered 40% of all the aggregate attacks.
In 2012, criminals widened their nets to attack a greater variety of makes, so fewer Bimmer models were prime targets. Yet, two kinds kept honored positions on the Most Vandalised list: the 3 series in slot #10, and the X5 in slot #4.
The most recent figures, reflecting findings for 2013, show that this year is no exception to the long-standing trend. However, positions have changed, and in this case, being the most popular is not necessarily good news. Figures have revealed that the X5 has shot up to the top spot, now holding the title of the most vandalised car model in all the UK. And in the number two slot? Its sibling, the 3 series.
Luckily for owners of the BMW Z series, that model has fallen off the “most vandalised” list since 2011, when it last made the list.
Sound the Alarm!
Does this mean you should ditch your coveted coupe? Not at all. It does mean, however, that stepping up the vigilance would be a very good idea. Installing an anti-theft device that is also effective against potential hooligans who edge too near your vehicle could prove helpful. But, the proliferation of car alarms has inured many to their noisy calls. These days, when such alarms ring out, neighbors are more likely to angrily demand the car owner snap off the sound, than look about for suspicious behavior in the area. Still, sudden loud noises do tend to scare off those who are about to cause harm to property, so these alarms may prove effective. Car alarm systems can also help get you a discount with your insurance coverage, so if you have such a system installed, be sure to mention it to your cover agent.