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: Mar 22, 2018

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.

Overwhelmed by the crazy number of insurance companies in your area? People have so many companies available that it can quickly become a challenge to find the best rates.

Smart consumers take time to shop coverage around quite often because prices change quite often. If you had the lowest price for 4 Series coverage last year you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re going to get a crash course in the best way to lower your annual insurance bill.

The quickest way to compare insurance rates in your area is to know the trick almost all companies have advanced systems to compare their rates. To start a quote, the only thing you need to do is provide a small amount of information such as whether you drive to work or school, driver ages, if a SR-22 is required, and if you are currently licensed. Your details is instantly provided to multiple companies and you will receive price estimates immediately.

Car insurance discounts are available to reduce your rates

Car insurance is not cheap nor is it fun to buy but you might find some hidden discounts that many consumers don’t even know exist. Certain discounts will be applied when you quote, but some must be requested specifically prior to getting the savings.

  • Passive Restraint Discount – Vehicles equipped with air bags or automatic seat belts can get savings up to 30%.
  • Multi-Vehicle Discounts – Having multiple vehicles on a single policy can reduce rates for all insured vehicles.
  • Mature Driver Discount – Seniors can get lower premium rates for 4 Series coverage.
  • Military Rewards – Being on active deployment in the military could qualify you for better rates.
  • Claim Free – Drivers who stay claim-free have much lower rates as opposed to drivers with a long claim history.
  • Telematics Data Discounts – Insureds that choose to allow data collection to analyze vehicle usage by using a telematics device like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates if they show good driving skills.
  • Switch and Save Discount – Select companies give a discount for renewing your policy prior to the expiration date on your current policy. It could save around 10% when you buy car insurance online.

Policy discounts save money, but some of the credits will not apply the the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates you could get a free car insurance policy, it just doesn’t work that way.

A partial list of companies that have these benefits include:

When getting free car insurance quotes, it’s a good idea to all companies you are considering how many discounts you can get. Savings might not apply in your area. To see a list of car insurance companies who offer car insurance discounts, click here to view.

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

secured lock Secured with SHA-256 Encryption

Everyone needs different car insurance coverages

When it comes to choosing the best car insurance coverage, there really is no cookie cutter policy. Everyone’s needs are different.

Here are some questions about coverages that might point out whether you would benefit from professional advice.

  • Is my dog or cat covered if injured in an accident?
  • Should I carry comprehensive and collision coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • What is no-fault insurance?
  • Are rock chip repairs covered?
  • Should I buy additional glass protection?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form.

Lower your insurance rates

Smart consumers have a good feel for some of the factors that come into play when calculating your policy premiums. If you understand what impacts premium levels, this enables informed choices that may reward you with much lower annual insurance costs.

Listed below are some of the most common factors car insurance companies consider when setting your rate level.

  • Don’t get traffic citations – Drivers who don’t get tickets get better rates compared to bad drivers. Only having one citation can boost insurance rates by as much as twenty percent. Drivers with careless citations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 form with their state’s department of motor vehicles in order to continue driving.
  • Add-on coverages can cost a lot – There are many extra bells and whistles that you can buy but may not be useful. Insurance for rental car coverage, high-cost glass coverage, and extra equipment coverage are some examples. These coverages may sound good at first, but now you might not need them so get rid of them and save.
  • Annual miles impacts costs – The more you drive annually the higher the price you pay to insure it. Many insurance companies calculate prices based on their usage. Autos not used for work or commuting receive lower rates than those used for commuting. Ask your agent if your car insurance policy is rated on annual mileage, because improper ratings can cost you money. Incorrect rating for your 4 Series can result in significantly higher rates.
  • File a policy claims and pay more – If you’re an insured who likes to file claims you can definitely plan on either higher rates or even cancellation. Companies generally give cheaper rates to policyholders who file claims infrequently. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

Auto insurance myths debunked

Companies like 21st Century, Allstate and State Farm regularly use ads on TV and radio. They all seem to make the point that you can save after switching your policy. That’s great but how can every company give you a lower rate? This is how they do it.

Companies are able to cherry pick for the type of driver that earns them the highest profit. For instance, a profitable customer may be between the ages of 30 and 45, has no prior claims, and drives a vehicle with a low ISO rating. A propective insured who meets those qualifications may get the lowest premium rates and most likely will save when they switch companies.

Potential insureds who don’t meet this stringent profile will be charged higher premiums and ends up with business going elsewhere. The ad wording is “drivers that switch” not “everybody who quotes” will save that much if they switch. This is how insurance companies can advertise the way they do. Different companies use different criteria so drivers must get car insurance quotes from several different companies. Because without a comparison, you cannot know which insurance companies will have the best prices.

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

secured lock Secured with SHA-256 Encryption

Insurance coverages explained

Having a good grasp of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Liability – This coverage protects you from injuries or damage you cause to other’s property or people. It protects you against claims from other people. Liability doesn’t 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. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as structural damage, pain and suffering, medical services and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision – This coverage covers damage to your 4 Series resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a mailbox, sideswiping another vehicle and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like pain medications, funeral costs, chiropractic care, EMT expenses and nursing services. They can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance – This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as damage from flooding, a broken windshield, rock chips in glass, hail damage and fire damage. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Never pay more for less

We’ve covered many ways to lower your 2016 BMW 4 Series insurance prices. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding low cost car insurance. You may even find the most savings is with a lesser-known regional company.

More affordable insurance coverage is definitely available online as well as from independent agents, so you should be comparing quotes from both to have the best selection. Some insurance providers may not have internet price quotes and most of the time these regional carriers work with local independent agencies.

When shopping online for insurance coverage, do not reduce coverage to reduce premium. There are many occasions where someone sacrificed full coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to purchase plenty of coverage for the lowest price but still have enough coverage for asset protection.

For more information, link through to the resources below: