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.

Did you make the mistake of buying an overpriced insurance policy? You’re preaching to the choir because you’re not the only one. Lots of insurers contend to insure your vehicles, and because of this it can be hard to compare insurers to discover the definitive lowest rate

If you have a policy now or need new coverage, you can use this information to shop for the lowest rates while maximizing coverage. Choosing the best insurance company for you is not that difficult. Consumers just need to understand how to shop over the internet.

The most recommended method to get policy rate comparisons takes advantage of the fact most of the larger companies will pay a fee to compare their rates. The only thing you need to do is provide a small amount of information such as deductibles desired, types of safety features, the make and model of your vehicles, and what your job is. That rating information gets transmitted to many highly-rated insurers and you will receive price estimates instantly.

Don’t believe everything you hear

Drivers constantly see and hear ads that claim the best car insurance rates by companies like State Farm, GEICO and Progressive. They all seem to convey the message of big savings if you move your coverage.

It sounds good, but how can they all cost less than your current company? You have to listen carefully.

All the different companies have underwriting criteria for the type of customer that will be a good risk. For example, a desirable insured might be described as between the ages of 40 and 55, has few claims, and drives less than 10,000 miles a year. A customer that fits those parameters receives the best premium rates and most likely will cut their rates if they switch.

Insureds who may not quite match the requirements will get a higher premium which translates to business not being written. The trick companies use is to say “customers who switch” but not “everyone who gets a quote” save that much. That is how companies can truthfully make those claims. Because each company has a different risk profile, you need to get price quotes at each policy renewal. It’s just too difficult to predict with any certainty which company will fit you best based on your risk profile.

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

secured lock Secured with SHA-256 Encryption

Auto insurance discounts help slash rates

Some providers don’t list the entire discount list in a way that’s easy to find, so we break down some of the more common as well as some of the hidden savings tricks you should be using when you buy auto insurance online.

  • Professional Organizations – Being a member of a professional or civic organization can get you a small discount on your bill.
  • Life Insurance Discount – Larger companies have a lower price if you buy auto and life insurance together.
  • Homeowners Discount – Just owning your own home can earn you a little savings because of the fact that having a home shows financial diligence.
  • Bundle and Save – If you combine your auto and home policies with the same insurance company you may save nearly 15% which can help you find cheap auto insurance.
  • Save with More Vehicles Insured – Insuring more than one vehicle on one policy could earn a price break for each car.
  • No Accidents – Claim-free drivers can earn big discounts as compared to policyholders that have many claims.
  • Telematics Data Discounts – Drivers that enable their insurance company to study vehicle usage by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system might see lower rates as long as they are good drivers.
  • Braking Control Discount – Cars, trucks, and SUVs with ABS and/or traction control can reduce accidents and the ABS can save up to 10%.

It’s important to understand that most discounts do not apply the the whole policy. Some only reduce individual premiums such as liability, collision or medical payments. So when it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

A partial list of companies that may offer policyholders most of the discounts above are:

If you are trying to find cheaper auto insurance quotes, ask all companies you are considering which credits you are entitled to. Discounts may not apply to policies in every state. To see a list of providers with the best discounts, click here to view.

Which is the best insurance coverage?

When buying adequate coverage for your personal vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For example, these questions may help you determine if you may require specific advice.

  • Why am I be forced to buy a membership to get insurance from some companies?
  • Can I get a multi-policy discount?
  • Is my dog or cat covered if injured in an accident?
  • What is PIP insurance?
  • Are my friends covered when driving my car?
  • Am I covered if I crash into my own garage door?
  • Does my insurance cover a custom paint job?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Coverage specifics

Understanding the coverages of your insurance policy can help you determine the best coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types available from insurance companies.

Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with a tree, scraping a guard rail, crashing into a building, hitting a parking meter and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision) – This pays for damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as a broken windshield, damage from flooding, hail damage, damage from a tornado or hurricane and hitting a deer. The most your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability auto insurance – Liability insurance will cover damage that occurs to other people or property. It consists of 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 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims such as repair costs for stationary objects, medical services and attorney fees. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Protection from uninsured/underinsured drivers – This coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your BMW Z8.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for bills like dental work, EMT expenses, hospital visits and funeral costs. They can be used in conjunction with a health insurance program or if you do not have health coverage. They cover you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

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

secured lock Secured with SHA-256 Encryption

Be a money saver!

The cheapest 2001 BMW Z8 insurance can be found both online as well as from insurance agents, so get free auto insurance quotes from both of them to get a complete price analysis. Some insurance coverage companies don’t offer rates over the internet and these smaller providers work with independent agencies.

In this article, we covered many ideas to shop for 2001 BMW Z8 insurance online. The key thing to remember is the more quotes you get, the better your comparison will be. You may be surprised to find that the lowest rates are with the smaller companies. Regional companies may only write in your state and offer lower car insurance rates as compared to the big name companies such as Allstate or State Farm.

Additional information