2019 BMW i3 Insurance Quotes in 2024 – 9 Ideas for Cheaper Rates

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

Jeffrey Johnson

Insurance Lawyer

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...

Insurance Lawyer

UPDATED: Jun 9, 2024

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Looking for the cheapest auto insurance rates for your BMW i3? Are you drained from scraping the payment together to keep your car insured? You’re in the same situation as many other consumers.

Having so many auto insurance companies to choose from, it can be hard to pick the best insurance company.

Finding the best rates is easy if you know what you’re doing. If you currently have car insurance, you will be able to lower your premiums substantially using these techniques. Although drivers need to learn the way companies market insurance on the web because it can help you find the best coverage.

Take advantage of every insurance coverage discount

Companies offering auto insurance do not list their entire list of discounts very well, so below is a list both the well known in addition to some of the lesser obvious credits that you can use to lower your rates. If you are not receiving all the discounts available, you’re paying more than you need to.

  • Bundled Policy Discount – If you can combine your auto and homeowners policy and place coverage with the same company you may earn at least 10% off all policies.
  • Discounts for Responsible Drivers – Drivers who avoid accidents can pay as much as 50% less on i3 insurance compared to accident prone drivers.
  • Driver Training Discounts – Successfully completing a safe driver class could possibly earn you a 5% discount if you qualify.
  • Employee of Federal Government – Having worked for a branch of the government could provide a small rate reduction on i3 insurance with certain companies.
  • Multi-Vehicle Discounts – Buying insurance for all your vehicles with one company may reduce the rate for each vehicle.
  • Organization Discounts – Participating in qualifying employment or professional organizations could earn you a nice discount when shopping for insurance coverage.
  • Life Insurance – Insurance coverage companies who offer life insurance give a lower premium rate if you buy auto and life insurance together.
  • E-sign – Some companies will provide an incentive just for signing your application over the internet.
  • Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to use their safety belts can save a little off the medical payments premium.

A little disclaimer on discounts, many deductions do not apply to all coverage premiums. Most only cut the cost of specific coverages such as comprehensive or collision. Just because it seems like you can get free auto insurance, it doesn’t quite work that way.

For a list of insurance companies who offer insurance coverage discounts, enter your zip code here.

How to compare free insurance quotes

There are a variety of methods to shop for insurance, but one way is more efficient than others. You can waste a lot of time talking to local insurance agents in your area, or you could save time and use online quoting for quick rates.

Many companies participate in a marketplace that enables customers to submit their information once, and each company can give them a price based on that information. This prevents consumers from doing quotation requests for every insurance company. To get comparison pricing now enter your zip code here.

The only downside to pricing coverage this way is buyers cannot specifically choose the companies you want to price. So if you want to choose specific insurance companies to request quotes from, we have a listing of the cheapest insurance companies in your area. Click to enter zip code.

You can use whichever method you prefer to find lower rates, just be certain you are entering the exact same coverage information on every quote. If you are comparing different limits and deductibles on each one it’s not possible to determine which rate is truly the best. Having just a slight variation in insurance coverages or limits may cause a big price difference. Just remember that comparing more company’s prices helps improve the odds of finding better pricing.

How to know if you need help

When buying the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions can help discover whether your personal situation might need an agent’s assistance.

  • Am I covered if I drive in a foreign country?
  • Am I covered if I crash into my own garage door?
  • Are my tools covered if they get stolen from my vehicle?
  • What are the financial responsibility laws in my state?
  • Can my babysitter drive my car?
  • What is an SR-22 filing?
  • How can I get high-risk coverage after a DUI?
  • Can I make deliveries for my home business?
  • Does my 2019 BMW i3 need full coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and enter your zip code.

Insurance coverage considerations

Understanding the coverages of your policy helps when choosing the right coverages for your vehicles. Insurance terms can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from insurance companies.

Collision insurance

This coverage will pay to fix damage to your i3 resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sustaining damage from a pot hole, rolling your car, crashing into a ditch, crashing into a building and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a bird, fire damage and damage from getting keyed. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your 2019 BMW i3.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for funeral costs, nursing services and doctor visits. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability car insurance

Liability coverage provides protection from damages or injuries you inflict on other people or property. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims such as pain and suffering, funeral expenses, medical services and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Power to the consumer

When trying to cut insurance costs, you should never skimp on coverage in order to save money. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at the best price but still have enough coverage for asset protection.

Lower-priced 2019 BMW i3 insurance can be bought online and from local insurance agents, so you should compare both in order to have the best chance of saving money. Some companies may not provide online price quotes and these smaller providers provide coverage only through local independent agents.

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