How to Save on BMW X3 Insurance in Long Beach

Insurance quote for BMW X3 in Long BeachThe best way we recommend to find low-cost prices for BMW X3 insurance in Long Beach is to start comparing prices yearly from different companies in California. Drivers can shop around by completing these steps.

Step 1: Take a little time to learn about how car insurance works and the changes you can make to prevent expensive coverage. Many rating factors that increase rates like traffic citations and an unacceptable credit history can be eliminated by making minor changes in your lifestyle.

Step 2: Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO or Farmers Insurance, while agents who are independent can provide price quotes for a wide range of companies. Select a company

Step 3: Compare the quotes to your existing coverage to see if switching to a new carrier will save money. If you find better rates and buy the policy, ensure there is no coverage lapse between policies.

Step 4: Provide notification to your current agent or company to cancel your current policy and submit a down payment along with a completed application to your new carrier. As soon as you have the new policy, store the certificate verifying coverage with the vehicle registration.

One tip to remember is to use the same liability limits and deductibles on every price quote and and to get quotes from every company you can. This ensures a level playing field and and a good selection of different prices.

It’s well known that insurance companies don’t want you comparing rates. Drivers who rate shop once a year are inclined to switch to a new company because of the high probability of finding lower prices. A study showed that consumers who regularly compared price quotes saved over $850 each year compared to those who never shopped around for cheaper prices.

If finding low prices for auto insurance in Long Beach is your goal, then having an understanding of how to shop and compare insurance rates can help simplify the task of finding more affordable coverage.

Finding the cheapest insurance coverage in Long Beach is easy if you know what you’re doing. Just about every person who compares rates for insurance will more than likely be able to find better rates. Although California car owners should learn how the larger insurance companies set your policy premium because rates are impacted by many factors.

How much does BMW X3 insurance in Long Beach, CA cost?

To find affordable BMW X3 insurance quotes, there are several ways of comparing rates from different companies. The easiest way to lower the rate you pay for BMW X3 insurance involves getting comparison quotes online.

Online shopping is fast and free, and it takes the place of having to drive around to different agent offices. Comparing BMW X3 insurance rate quotes online reduces the need to sit down with an agent unless you prefer the trained advice of a licensed agent. It is possible to price shop online but have a local agent actually write the policy. Keep in mind that getting more free quotes will enable you to find better pricing.

The providers in the list below are ready to provide price quotes in Long Beach, CA. If multiple companies are listed, it’s highly recommended you get rate quotes from several of them to get a more complete price comparison.

BMW X3 insurance charts and tables

The information shown next outlines different coverage prices for BMW X3 models. Being able to understand how insurance prices are calculated can assist in making smart choices when selecting a policy.

BMW X3 Insurance Rates in Long Beach, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X3 3.0I xDrive AWD 4-Dr $476 $960 $596 $36 $178 $2,246 $187
Get Your Own Custom Quote Go

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Information does not factor in zip code location which can alter auto insurance rates substantially.

Can higher deductibles save money?

When buying insurance, a common question is how high should your deductibles be. The figures shown below outline the price difference between low and high policy deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second pricing table uses a $1,000 deductible.

BMW X3 insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X3 3.0I xDrive AWD 4-Dr $478 $932 $442 $26 $132 $2,035 $170
Get Your Own Custom Quote Go

BMW X3 insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X3 3.0I xDrive AWD 4-Dr $266 $490 $442 $26 $132 $1,356 $113
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Information does not factor in vehicle location which can lower or raise auto insurance rates greatly.

Based on the figures above, using a $100 deductible costs an average of $57 more each month or $684 for a full year averaged for all X3 models than quoting the higher $1,000 deductible. Because you would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 16 months between claim filings, you would save money if you decide on a higher deductible.

Eight Tips to Get Lower-cost Long Beach Insurance Premiums

Smart consumers have a good feel for some of the elements that go into determining your auto insurance rates. When you understand what impacts premium levels, this helps enable you to make changes that could result in better auto insurance rates. Many different elements are part of the calculation when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, although some other factors are less obvious such as your marital status and annual miles driven.

The list below includes most of the major factors used by companies to determine your rate level.

Consolidate policies and save money – Most major auto insurance companies will award better rates to policyholders who have multiple policies with them. It’s known as a multi-policy discount. Even though this discount sounds good, you still need to compare other Long Beach X3 insurance rates to help ensure you have the lowest rates.

City dwellers may pay more – Residing in small towns and rural areas has definite advantages when buying auto insurance. Fewer drivers on the road translates into fewer accident claims and lower theft and vandalism rates. People in densely populated areas regularly have more aggressive driving styles and a longer drive to work. Longer commute distances means a statistically higher chance of an accident.

Accidents mean higher prices – Having just one speeding ticket can increase the cost of insurance twenty percent or more. Attentive drivers have lower premiums than their less careful counterparts. People who have license-revoking tickets such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 form with the DMV in their state in order to continue driving.

The information below illustrates how violations and at-fault claims can increase BMW X3 premium costs for different categories of driver ages. The rate quotes are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

How much liability insurance do you need? – The liability coverage on your policy is the protection when you are determined to be liable for damages caused by your negligence. Your liability coverage provides legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not skimp.

Raise physical damage deductibles and save – The deductibles tell how much you are willing to pay if a covered claim is submitted. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Some instances where coverage would apply would be rear-ending another vehicle, damage from fire, or theft of your vehicle. The more money you have to pay, the lower your rates will be.

Vocation and insurance rates – Occupations such as doctors, social workers, and financial analysts usually pay the highest average rates because of high stress and incredibly demanding work hours. On the other hand, occupations such as professors, athletes and homemakers generally pay rates lower than average.

Always keep your auto insurance in place – Not having insurance can get you a ticket and any future policy may cost more because you let your insurance lapse for non-payment. Not only will rates go up, failure to provide proof of insurance can result in a fine, jail time, or a revoked license. You may then have to submit proof of financial responsibility or a SR-22 with the California motor vehicle department.

The type of car, truck or SUV you drive affects your costs – The performance level of the vehicle you are insuring makes a huge difference in your rates. Low performance passenger cars usually have the lowest premiums, but many other things help determine your insurance rates.

The following data uses these variables: single female driver age 40, full coverage with $500 deductibles, and no discounts or violations. It illustrates BMW X3 policy rates compared to other models that have a range of performance rating factors.

Claims statistics for a BMW X3 – Car insurance companies analyze historical claim data in order to profitably underwrite each model. Models that the data shows to have higher frequency or amount of claims will have higher rates.

The table below outlines the compiled insurance loss statistics for BMW X3 vehicles. For each insurance policy coverage type, the claim probability for all vehicles averaged together is represented as 100. Numbers under 100 indicate better than average losses, while numbers that are greater than 100 point to more losses or a tendency for losses to be larger than average.

BMW X3 Insurance Claim Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
BMW X3 4dr 2WD 122 99
BMW X3 4dr 4WD 109 93 117 69 64 76

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Auto insurance does more than just protect your car

Even though Long Beach X3 insurance rates can get expensive, maintaining insurance serves a purpose in several ways.

The benefits of carrying enough insurance definitely exceed the price paid, especially for larger claims. According to a recent study, the average American driver is wasting up to $750 every year so you should quote and compare rates at least once a year to ensure rates are inline.

How to find a good California auto insurance company

Selecting the highest-rated insurer can be rather challenging considering how many companies are available to choose from in California. The company rank data below may help you choose which insurers to look at comparing price quotes from.

Top 10 Long Beach Car Insurance Companies Ranked by Customer Satisfaction

  1. Titan Insurance – 95%
  2. USAA – 94%
  3. AAA of Southern California – 92%
  4. AAA Insurance – 91%
  5. Nationwide – 90%
  6. State Farm – 90%
  7. The Hartford – 89%
  8. GEICO – 89%
  9. The General – 88%
  10. 21st Century – 88%

Top 10 Long Beach Car Insurance Companies Ranked by Claims Service

  1. AAA of Southern California
  2. State Farm
  3. Esurance
  4. AAA Insurance
  5. Progressive
  6. Liberty Mutual
  7. GEICO
  8. Allstate
  9. Titan Insurance
  10. The Hartford