Cheap Insurance for a BMW 535i in Atlanta

Has it been a year or more since you last compared quotes for more affordable BMW 535i insurance in Atlanta? Do you think you bought an expensive auto insurance policy? It’s quite common and many Atlanta consumers feel financially strained by their auto insurance policy.

It’s hard to believe, but nearly 70% of consumers have stayed with the same insurance company for well over three years, and virtually 40% of consumers have never compared rate quotes at all. Most drivers in Atlanta can save hundreds of dollars each year just by getting comparison quotes, but they just don’t want to shop their coverage around.

Popular companies such as Progressive, State Farm and GEICO constantly blast consumers with TV and radio ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.

Consumers need to get comparison quotes yearly due to the fact that insurance prices change regularly. If you had the best deal on BMW 535i insurance in Atlanta a few years ago there may be better deals available now. There is a lot of bad advice regarding 535i insurance online but you can learn some of the best ways to stop overpaying for insurance in Atlanta.

If you’re already insured, you will definitely be able to find the best rates using the ideas you’re about to read. Buying the cheapest insurance in Atlanta is much easier if you know where to start. But Georgia drivers can benefit by having an understanding of how the larger insurance companies determine what you pay and use it to your advantage.

Why You Might Pay Lower Rates in Atlanta

It’s important that you understand a few of the rating criteria that aid in calculating the level of your policy premiums. When you understand what influences your rates, this enables informed choices that may result in better auto insurance rates.

• Driving citations can increase rates – Having a single driving citation can boost insurance rates substantially. Good drivers have lower premiums compared to drivers with tickets. Drivers who have gotten careless violations like DUI or willful reckless driving may find that they have to to file a SR-22 to the state department of motor vehicles in order to continue driving.
• Vehicle features can affect auto insurance rates – Driving a car that has a built-in theft deterrent system can earn a premium discount. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft and help bring rates down.
• More traffic means higher claims – Living in less populated areas is a positive aspect when buying auto insurance. Drivers who live in large cities regularly have more traffic problems and much longer commute distances. Fewer people means reduced accidents and lower theft and vandalism rates.
• Which gender costs less? – The statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. Males and females are responsible for accidents at about the same rate, but the males tend to have more serious accidents. Not only are claims higher, but men get cited for more serious violations like DWI (DUI) or reckless driving.

Buy Atlanta BMW 535i insurance online

When comparison shopping, there are several ways to obtain and compare prices from many different Georgia insurance companies. The best method to do a complete rate comparison consists of obtaining rate quotes online.

Comparing free rate quotes online is easy and it, replaces the need to make phone calls or go to different Atlanta agent offices. Doing it all online makes this unnecessary unless you’re the type of person who wants the trained guidance of a local Atlanta agent. You can, however, price shop online but have your policy serviced through an agent.

Keep in mind that getting more free quotes will enable you to find lower pricing. Not every company provides price estimates online, so it’s important to compare price quotes on coverage from those companies, too.

The companies shown below are ready to provide free rate quotes in Georgia. If multiple companies are listed, we recommend you visit several of them to get the most competitive price.

Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Information does not factor in your specific Atlanta location which can decrease or increase rates noticeably.

Deductible comparison

When comparing car insurance rates, the most common question is how low should you set your deductibles. The following tables determine the premium difference of buying low and high comp and collision deductibles. The first data set uses a $100 physical damage deductible and the second set of prices uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Rate information does not factor in specific zip code location which can alter premium rates noticeably.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost in the ballpark of $38 more each month or $456 every year than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 11 months between claims, you would probably save some money going with the higher deductible.

Why you need to buy auto insurance

Even though it can be expensive, insurance serves a purpose in several ways.

• Almost all states have compulsory liability insurance requirements which means you are required to carry specific minimum amounts of liability if you want to drive legally. In Georgia these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you have a lien on your BMW, almost all lenders will require you to have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the bank will be required to insure your BMW at an extremely high rate and make you pay the higher price.
• Auto insurance preserves both your assets and your car. Insurance will also pay for hospital and medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your BMW gets damaged, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of insuring your 535i greatly outweigh the cost, especially with large liability claims. Despite what companies tell you, the average driver overpays as much as $810 a year so it’s important to compare rates at every policy renewal to ensure rates are competitive.

Insurance policy discounts for BMW 535i insurance in Atlanta

Companies do not advertise every discount available very well, so the below list has some of the best known and also the lesser-known credits available to bring down your rates.

• Theft Prevention System – Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen so companies will give you a small discount.
• Low Mileage Discounts – Low mileage vehicles may allow you to get slightly better prices than normal.
• Sign Early and Save – A few companies allow discounts for renewing your policy before your current coverage expires. You can save around 10% with this discount.
• Driver’s Ed – It’s a good idea to have your young drivers enroll and complete driver’s education if offered at their school.
• Seat Belt Discounts – Forcing all vehicle occupants to fasten their seat belts could cut 10% or more off PIP or medical payments premium.
• Telematics Data Discounts – Policyholders that allow driving data collection to look at driving habits by using a telematics device in their vehicle like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if their driving habits are good.
• Good Students Pay Less – Being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
• Discounts for Federal Employees – Simply working for the federal government may qualify for a discount when you quote Atlanta car insurance with some insurance companies.
• Senior Discount – Mature drivers may receive a discount up to 10%.
• Paper-free Discount – Many insurance companies give back up to $50 shop Atlanta car insurance on their website.

Just know that some of the credits will not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like you would end up receiving a 100% discount, you’re out of luck.

If you would like to choose from a list of companies who offer free BMW 535i insurance quotes in Georgia, click here.

Are insurance agencies obsolete?

Certain consumers just want to have an agent’s advice and doing that can be a smart decision The best thing about comparing rate quotes online is that you can find lower rates and still have a local agent.

Upon completion of this simple form, your coverage information is submitted to local insurance agents in Atlanta who will gladly provide quotes to get your business. It makes it easy because there is no need to even leave your home since price quotes are sent to you directly. You can find better rates without a big time investment. If you have a need to get a rate quote from a specific car insurance provider, you just need to visit that company’s website and complete a quote there.

Finding the right insurer requires more thought than just a low price. Any agent in Atlanta should be willing to answer these questions.

• Is the agency active in community causes in Atlanta?
• Are there any discounts for paying up front?
• Who are their largest clients?
• Which companies do they recommend if they are an independent agency?
• In the event of vehicle damage, can you pick the collision repair facility?
• How would your car be valued if totalled?

Exclusive or Independent: There is a difference

When searching for a local Atlanta insurance agent, it’s important to understand the types of insurance agents and how they work. Agents in Atlanta are classified as either exclusive or independent agents depending on their company appointments.

Exclusive Insurance Agents

Agents in the exclusive channel normally can only provide a single company’s rates like Allstate and State Farm. They are unable to provide prices from multiple companies so they have to upsell other benefits. These agents are trained well on their company’s products which helps them sell on service rather than price.

Listed below is a list of exclusive agents in Atlanta who may provide you with price quote information.

View more Atlanta agents

Independent Car Insurance Agencies

Independent agencies do not write with just one company so they can write business with any number of different companies and find the cheapest car insurance rates. If they find a cheaper price, the agent simply finds a different carrier and you don’t have to do anything.

If you are trying to find cheaper rates, it’s recommended you include rate quotes from multiple independent agents for maximum quote selection.

Shown below are independent agents in Atlanta willing to provide price quotes.

View more Atlanta agents

Cheap car insurance premiums are possible

We covered some good ideas how to compare BMW 535i insurance auto insurance rates in Atlanta. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may even be surprised to find that the biggest savings come from some of the lesser-known companies. Some small companies may often insure only within specific states and give better rates compared to the large companies like Allstate and Progressive.

As you restructure your insurance plan, do not buy lower coverage limits just to save a few bucks. Too many times, an insured dropped comprehensive coverage or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal is to buy enough coverage at a price you can afford, but don’t skip important coverages to save money.

For more information, take a look at the articles below:

• Airbag FAQ (iihs.org)
• How Much is Atlanta Auto Insurance for College Graduates? (FAQ)
• How Much are Atlanta Auto Insurance Rates for a Nissan Sentra? (FAQ)
• Who Has the Cheapest Atlanta Auto Insurance Quotes for Retired Military? (FAQ)
• What is the Best Auto Insurance in Atlanta, GA? (FAQ)
• Distracted Driving (Insurance Information Institute)
• Side Impact Crash Tests (iihs.org)
• Older Drivers FAQ (iihs.org)