Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

Benjamin Carr was a licensed insurance agent in Georgia and has two years’ experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

Full Bio →

Reviewed by Benji Carr
Former Licensed Life Insurance Agent Benji Carr

UPDATED: Oct 6, 2015

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.

Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Searching for lower car insurance rates? Consumers have many options when looking for affordable BMW Z8 insurance. You can either spend your time calling around to get rate comparisons or utilize the internet to make rate comparisons.

There are both good and bad ways to compare car insurance rates so you’re going to learn the proper way to compare rates for a new or used BMW and obtain the lowest possible price either online or from local insurance agents.

Consumers should take time to get comparison quotes once or twice a year because insurance prices are constantly changing. Despite the fact that you may have had the best price for Z8 coverage a few years ago you will most likely find a better rate today. Forget anything you know (or think you know) about car insurance because you’re about to find out the fastest way to save money, get proper deductibles and limits, all at the lowest rate.

Compare insurance rates

There are a lot of ways to compare insurance prices but some are less time-consuming than others. You can waste a lot of time discussing policy coverages with insurance agencies in your area, or you can stay home and use the internet to get rates in a matter of minutes.

All the larger companies are enrolled in a marketplace where insurance shoppers enter their policy data once, and each participating company can provide price quotes. This eliminates the need for quote requests for every insurance company.

To participate in this free quote system, click here to start a free quote.

One minor caviat to pricing coverage this way is you can’t choose which insurance companies you will receive quotes from. So if you want to choose from a list of companies to compare prices, we put together a list of insurance companies in your area. View list of insurance companies.

Whichever way you choose to compare rates, make darn sure you compare the same coverages for every quote you compare. If you have different deductibles you will not be able to determine the best price for your BMW Z8.

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

Save money by earning these nine discounts

Not too many consumers would say car insurance is affordable, but you may be missing some discounts that could drop your premiums quite a bit. Certain discounts will be applied at the time of quoting, but a few must be asked for in order for you to get them.

  • Student Discounts – Maintaining excellent grades can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Air Bag Discount – Vehicles with factory air bags or automatic seat belts may get savings of more than 20%.
  • Student Driver Training – It’s a good idea to have your young drivers take driver’s ed class as it can save substantially.
  • Federal Employees – Active or retired federal employment may qualify for a discount when you quote insurance coverage for Z8 coverage but check with your company.
  • Senior Discount – Mature drivers could receive lower premium rates for Z8 coverage.
  • Lower Rates for Military – Having an actively deployed family member may qualify for rate reductions.
  • Memberships – Being a member of certain professional organizations can get you a small discount when getting a insurance coverage quote.
  • Discount for Home Ownership – Owning a house can help you save on car insurance due to the fact that maintaining a home requires personal responsibility.
  • ABS and Traction Control Discounts – Cars and trucks with ABS and/or traction control can avoid accidents and the ABS can save up to 10%.

Just know that most credits do not apply the the whole policy. Most only reduce the cost of specific coverages such as comprehensive or collision. Even though it appears it’s possible to get free car insurance, companies wouldn’t make money that way. Any amount of discount will definitely lower your car insurance premiums.

Some companies that possibly offer many of the previously listed discounts include:

When comparing rates, check with each company how you can save money. Some of the earlier mentioned discounts might not be offered on policies in your area. To view insurers who offer cheap car insurance quotes, follow this link.

Your insurance coverage coverage should be tailored to you

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

These are some specific questions can help discover if your situation might need an agent’s assistance.

  • Am I covered if I hit a deer?
  • What exactly is covered by my policy?
  • When would I need rental car insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • When does my teenage driver need to be added to my policy?
  • Am I covered if I wreck a rental car?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Parts of your insurance policy

Learning about specific coverages of your insurance policy aids in choosing the best coverages for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy.

Auto liability insurance

This provides protection from injuries or damage you cause to a person or their property that is your fault. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as repair bills for other people’s vehicles, bail bonds, funeral expenses, medical expenses and structural damage. How much coverage you buy is up to you, but buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your BMW Z8.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these limits do not exceed the liability coverage limits.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for bills for nursing services, pain medications, X-ray expenses and surgery. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Comprehensive auto coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, a broken windshield, theft, hail damage and hitting a bird. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage protection

This coverage covers damage to your Z8 resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like sideswiping another vehicle, crashing into a ditch, hitting a parking meter, scraping a guard rail and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

More comparisons equals lower rates

We covered many ideas to compare 2000 BMW Z8 insurance premium rates online. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding inexpensive insurance coverage. Consumers may even find the best premium rates are with some of the smallest insurance companies.

Consumers leave their current company for a variety of reasons including delays in paying claims, being labeled a high risk driver, policy non-renewal and even policy cancellation. It doesn’t matter what your reason, finding a new insurance coverage company can be easy and end up saving you some money.

As you quote insurance coverage, you should never reduce coverage to reduce premium. There are too many instances where drivers have reduced liability limits or collision coverage only to regret at claim time that they should have had better coverage. The goal is to purchase a proper amount of coverage at the best possible price.

More tips and info about insurance coverage is available at these sites: