Auto Insurance Rate Quotes for a BMW 535i in San Francisco

The easiest way to get more affordable BMW 535i insurance is to compare prices once a year from companies in San Francisco.

1. Learn about the different coverages in a policy and the things you can control to keep rates low. Many risk factors that are responsible for high rates like your driving record and a substandard credit history can be amended by being financially responsible and driving safely. Later in this article we will cover instructions to prevent expensive rate increases and find available discounts that you may qualify for.
2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only quote rates from a single company like Progressive or Allstate, while independent agencies can quote prices for many different companies. View rates
3. Compare the new rate quotes to your existing coverage to determine if you can save on 535i insurance. If you can save some money and decide to switch, make sure coverage does not lapse between policies.

A key point to remember is to try to compare the same level of coverage on each quote and and to compare all possible companies. Doing this helps ensure a fair price comparison and plenty of rates choose from.

It’s safe to conclude that insurance companies want to keep your business as long as possible. Insureds who shop around for the cheapest rate will, in all likelihood, buy a different policy because of the high probability of getting low-cost coverage. A recent insurance study revealed that drivers who compared prices once a year saved on average $850 each year compared to those who never compared rates.

If finding the most affordable BMW 535i insurance is your objective, then having an understanding of how to quote prices and compare coverage rates can save time, money, and frustration.

If you’re already insured or just want cheaper coverage, take advantage of these tips to get lower rates without having to cut coverage. Buying affordable insurance in San Francisco can really be easy if you know what you’re doing. Comparison shoppers just have to learn the most time-saving way to get comparison quotes online from multiple companies.

Best companies for BMW 535i insurance

The providers in the list below are ready to provide quotes in San Francisco, CA. If several companies are displayed, we suggest you click on several of them to get the most competitive price.

Coverage information

The premium table shown below highlights different insurance premium costs for BMW 535i models. Being more informed about how policy premiums are determined is important for making smart policy decisions.

Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can affect coverage rates considerably.

Comparison of policy deductibles

One common question asked by San Francisco drivers is which comprehensive and collision deductibles to buy. The comparison tables below may help you to understand the rate differences when you buy lower versus higher coverage deductibles. The first price estimate table uses a $250 deductible for physical damage and the second rate table uses a $500 deductible.

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

Based on this data, we can arrive at the conclusion that using a $250 deductible costs about $24 more each month or $288 annually averaged for all 535i models than quoting the higher $500 deductible. Because you would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you have at least 10 months between claims, you would probably be better off if you opt for a higher deductible.

Does full coverage make sense?

The example below shows the comparison of BMW 535i auto insurance costs with liability coverage only compared to full coverage. The premium estimates are based on no claims or driving violations, $100 deductibles, marital status is single, and no additional discounts are factored in.

Should you pay for full coverage or liability only?

There is no clear-cut formula to stop buying physical damage insurance, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your BMW 535i replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $3,000 after you pay the deductible. If you are paying over $300 a year for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

There are some cases where dropping physical damage coverage is not a good idea. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.

Car insurance policy discounts for BMW 535i insurance in San Francisco

Car insurance is not cheap, but there’s a good chance there are discounts that you may not even know about. A few discounts will automatically apply when you complete an application, but some need to be requested specifically before you get the savings.

• Low Mileage Discounts – Keeping the miles down on your BMW can earn discounted premium rates on garaged vehicles.
• More Vehicles More Savings – Buying a policy with multiple vehicles on a single policy can get a discount for every vehicle.
• Distant Student Discount – Kids who attend college more than 100 miles from San Francisco and won’t have access to an insured vehicle could qualify for this discount.
• Safety Course Discount – Taking a defensive driver course could earn you a small percentage discount if your company offers it.
• Buy New and Save – Adding a new car to your policy can save up to 30% because newer models are generally safer.
• Senior Citizens – Mature drivers can get reduced rates.
• Pay Upfront and Save – If you can afford to pay the entire bill instead of making monthly payments you may reduce your total bill.
• Employee of Federal Government – Federal government employees may reduce rates when you quote San Francisco car insurance with a few car insurance companies.
• ABS Braking Discount – Cars with ABS and/or traction control can stop better under adverse conditions so companies give up to a 10% discount.

Don’t be surprised that most discount credits are not given to your bottom line cost. Some only apply to specific coverage prices like comp or med pay. Even though it appears you can get free auto insurance, company stockholders wouldn’t be very happy.

The information below illustrates the comparison of BMW 535i auto insurance costs with and without discounts applied. The rates are based on a male driver, no claims, a clean driving record, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, marriage, homeowner, and safe-driver discounts applied.

Auto insurance companies who may offer these money-saving discounts possibly include:

• State Farm
• American Family
• AAA
• GEICO
• Mercury Insurance
• Farmers Insurance
• Progressive

Check with each company or agent which discounts you may be entitled to. A few discounts may not apply to policies in every state. To locate companies that provide some of the discounts listed above in San Francisco, follow this link.

When to contact an insurance agent

A small number of people would rather sit down and talk to an agent and that is just fine! Good agents can help you build your policy and will help you if you have claims. A nice benefit of comparing rate quotes online is you can get cheap auto insurance quotes and still choose a local agent.

By using this simple form, your coverage information is immediately sent to local insurance agents who want to provide quotes for your auto insurance coverage. It simplifies rate comparisons since you won’t have to visit any agencies due to the fact that quote results will go immediately to you. If for some reason you want to get a comparison quote from one company in particular, you would need to go to their quote page and fill out their quote form.

Choosing the best insurer requires you to look at more than just a low price. These are valid questions to ask:

• Which company do they place the most coverage with?
• What will you get paid if your car is a total loss? How is that amount determined?
• How much will you save each year by using a higher deductible?
• Can glass claims be handled at your home?
• Are there any discounts that you might be missing?

If you’re trying to find an insurance agent, it’s helpful to know the different types of agents and how they differ in how they can insure your vehicles. Auto insurance agencies can be described as either independent agents or exclusive agents. Either can properly insure your vehicles, but it’s good to learn the difference in how they write coverage because it may have an impact on which agent you choose.

Exclusive Agencies

Agents in the exclusive channel can usually just insure with one company like Farmers Insurance and State Farm. Exclusive agencies are unable to compare rates from other companies so you might not find the best rates. Exclusive agents are very knowledgeable on what they offer which helps them compete with independent agents.

Shown below are exclusive agencies in San Francisco that can give you comparison quotes.

View more San Francisco agents

Independent Agencies or Brokers

Independent agencies do not sell for just one brand and that enables them to quote your coverage through many different auto insurance companies enabling the ability to shop coverage around. If your premiums go up, your agent can switch companies and you can keep the same agent.

If you are comparing rate quotes, you should always get rate quotes from several independent insurance agents in order to have the best price comparison.

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

View more San Francisco agents

If you feel you receive good responses and a low price estimate, you may have just found an auto insurance agent that will service your policy. But remember, you are entitled to cancel coverage whenever you choose to so don’t assume you are locked into any specific agency for the entire policy term.

In Summary

While you’re price shopping online, do not skimp on coverage in order to save money. There are a lot of situations where someone dropped uninsured motorist or liability limits to discover at claim time that it was a big error on their part. The proper strategy is to buy the best coverage you can find at an affordable rate, but do not sacrifice coverage to save money.

Cheap BMW 535i insurance in San Francisco can be bought on the web and from local insurance agents, so you need to shop San Francisco car insurance with both to have the best chance of lowering rates. Some auto insurance companies may not offer internet price quotes and usually these small, regional companies work with independent agents.

You just learned some good ideas how to get a better price on BMW 535i insurance in San Francisco. The key thing to remember is the more you quote San Francisco car insurance, the better chance you’ll have of finding the cheapest BMW 535i rate quotes. Drivers may even discover the biggest savings come from some of the lesser-known companies. These companies often have lower rates on specific markets than their larger competitors like Allstate and Progressive.

Even more information is available by following these links:

• State Car Insurance Guides (GEICO)
• What Car Insurance is Cheapest in San Francisco, California? (FAQ)
• Who Has Affordable San Francisco Car Insurance for a Ford Fusion? (FAQ)
• Who Has Cheap Auto Insurance Quotes for Immigrants in San Francisco? (FAQ)
• Speed and Speed Limit FAQ (iihs.org)
• Collision Coverage (Liberty Mutual)
• Child Safety Seats (Insurance Information Institute)