Ultimate Guide for Purchasing Car Insurance for a BMW X1

Are you a victim of high-priced car insurance? Trust us, there are many people just like you. You have so many insurance companies to pick from, and although it’s nice to have a selection, lots of choices makes it harder to compare rates and cut insurance costs.

You should take the time to price shop coverage yearly because prices fluctuate regularly. Just because you found the best deal for X1 coverage a few years ago there is a good chance you can find better rates now. You’ll find quite a bit of inaccurate information about car insurance online, so I’m going to show you some of the best ways to save money.

Pay less by taking advantage of discounts

The price of auto insurance can be rather high, but there could be available discounts that you may not even be aware of. Some trigger automatically at the time of quoting, but a few must be manually applied before they will apply. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you will save up to 20% off your total premium.
  • Federal Employees – Active or retired federal employment could cut as much as 10% off for X1 coverage with certain companies.
  • 55 and Retired – Older drivers may qualify for reduced rates for X1 coverage.
  • Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
  • Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and earn discounts up to 10%.
  • Air Bag Discount – Vehicles with factory air bags may earn rate discounts of up to 25% or more.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more for X1 coverage than less cautious drivers.

It’s important to understand that most discounts do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like you can get free auto insurance, car insurance companies aren’t that generous. Any qualifying discounts will bring down your overall premium however.

To see a list of insurers who offer car insurance discounts, follow this link.

Final thoughts

As you shop your coverage around, it’s not a good idea to buy less coverage just to save a little money. In many cases, consumers will sacrifice liability limits or collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy a smart amount of coverage at the best price while still protecting your assets.

cheap insurance for BMW X1

In this article, we covered some good ideas how to compare BMW X1 insurance prices online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the most savings is with some of the lesser-known companies. Some small companies often have lower prices on specific markets than the large multi-state companies such as State Farm and Allstate.