Save Money on BMW 328i Insurance in Irvine

A recent survey discovered that a large majority of drivers renewed their policy with the same company for at least four years, and just short of a majority have never taken the time to shop around. Most drivers in Irvine could cut their rates by nearly $500 a year just by getting comparison quotes, but they just don’t understand how easy it is to find lower-cost insurance rates.

Discount BMW 328i insuranceIf you want to save money, the best way to get more affordable BMW 328i insurance is to start comparing prices regularly from companies that sell auto insurance in Irvine.

  1. Learn about individual coverages and the measures you can control to prevent expensive coverage. Many rating factors that cause high rates such as multiple speeding tickets and a poor credit rating can be improved by making lifestyle changes or driving safer.
  2. Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from a single company like GEICO or Allstate, while independent agents can quote rates from multiple insurance companies.
  3. Compare the quotes to your existing rates and see if you can save money. If you can save some money, make sure there is no lapse in coverage.
  4. Provide adequate notice to your current company to cancel the current policy. Submit a down payment and signed policy application to the newly selected company. As soon as coverage is bound, store the certificate verifying proof of insurance in a readily accessible location in your vehicle.

One thing to point out is to make sure you enter the same level of coverage on each quote request and and to compare as many different companies as possible. Doing this provides a fair price comparison and maximum price selection.

If you have coverage now, you will surely be able to find the best rates using these techniques. Choosing the best rates in Irvine can be made easier if you know where to look. But California vehicle owners must comprehend the way insurance companies set your policy premium.

Cheapest companies for BMW 328i insurance

The following companies can provide quotes in California. If you wish to find cheap car insurance in CA, we recommend you visit several of them to get a more complete price comparison.

Rates and detailed analysis

The table displayed below covers a range of insurance policy prices for BMW 328i models. Having insight into how policy premiums are figured is important for drivers to make decisions on the best policy to buy.

BMW 328i Insurance Rates in Irvine, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
328I 4-Dr Sedan $216 $392 $456 $26 $136 $1,226 $102
328I 4-Dr Sedan $216 $392 $456 $26 $136 $1,226 $102
328I Station Wagon $242 $452 $386 $22 $116 $1,218 $102
328I 2-Dr Coupe $242 $452 $386 $22 $116 $1,218 $102
328I 2-Dr Coupe $242 $452 $386 $22 $116 $1,218 $102
328I xDrive 4-Dr Sedan $242 $452 $456 $26 $136 $1,312 $109
328I xDrive 4-Dr Sedan $242 $452 $456 $26 $136 $1,312 $109
328I 2-Dr Convertible $242 $452 $456 $26 $136 $1,312 $109
328I 2-Dr Convertible $242 $452 $456 $26 $136 $1,312 $109
328I 2-Dr Coupe $242 $452 $386 $22 $116 $1,218 $102
328I xDrive 2-Dr Coupe $242 $452 $386 $22 $116 $1,218 $102
328I xDrive Station Wagon $242 $452 $386 $22 $116 $1,218 $102
Get Your Own Custom Quote Go

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Price information does not factor in zip code location which can impact insurance rates significantly.

Deductible analysis

When comparing insurance rates, the most common question is where to set your physical damage deductibles. The tables below may help you to understand the differences in price between high and low policy deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second pricing table uses a $500 deductible.

BMW 328i insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
328I 4-Dr Sedan $386 $678 $442 $26 $132 $1,689 $141
328I 4-Dr Sedan $386 $678 $442 $26 $132 $1,689 $141
328I Station Wagon $430 $780 $376 $22 $112 $1,745 $145
328I 2-Dr Coupe $430 $780 $376 $22 $112 $1,745 $145
328I 2-Dr Coupe $430 $780 $376 $22 $112 $1,745 $145
328I xDrive 4-Dr Sedan $430 $780 $442 $26 $132 $1,835 $153
328I xDrive 4-Dr Sedan $430 $780 $442 $26 $132 $1,835 $153
328I 2-Dr Convertible $430 $780 $442 $26 $132 $1,835 $153
328I 2-Dr Convertible $430 $780 $442 $26 $132 $1,835 $153
328I 2-Dr Coupe $430 $780 $376 $22 $112 $1,745 $145
328I xDrive 2-Dr Coupe $430 $780 $376 $22 $112 $1,745 $145
328I xDrive Station Wagon $430 $780 $376 $22 $112 $1,745 $145
Get Your Own Custom Quote Go

BMW 328i insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
328I 4-Dr Sedan $314 $546 $442 $26 $132 $1,460 $122
328I 4-Dr Sedan $314 $546 $442 $26 $132 $1,460 $122
328I Station Wagon $348 $630 $376 $22 $112 $1,488 $124
328I 2-Dr Coupe $348 $630 $376 $22 $112 $1,488 $124
328I 2-Dr Coupe $348 $630 $376 $22 $112 $1,488 $124
328I xDrive 4-Dr Sedan $348 $630 $442 $26 $132 $1,578 $132
328I xDrive 4-Dr Sedan $348 $630 $442 $26 $132 $1,578 $132
328I 2-Dr Convertible $348 $630 $442 $26 $132 $1,578 $132
328I 2-Dr Convertible $348 $630 $442 $26 $132 $1,578 $132
328I 2-Dr Coupe $348 $630 $376 $22 $112 $1,488 $124
328I xDrive 2-Dr Coupe $348 $630 $376 $22 $112 $1,488 $124
328I xDrive Station Wagon $348 $630 $376 $22 $112 $1,488 $124
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Premium amounts do not factor in specific location which can lower or raise premium rates significantly.

Based on these figures, using a $250 deductible will cost you about $21 more each month or $252 annually than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you have more than 12 months between claims, you would probably come out ahead if you choose a higher deductible. The numbers below show a better example of how you can make your own decision.

Average monthly premium for $250 deductibles: $147
Average monthly premium for $500 deductibles (subtract): – $126
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 12 months

An important thing to remember is that higher deductibles results in having to pay to pay more out-of-pocket when you have to file a claim. You will want to have some extra savings in the event you need to pay the deductible for vehicle repair.

The diagram below demonstrates how deductible levels and can increase or decrease BMW 328i insurance rates for each different age group. Data assumes a married female driver, full coverage, and no policy discounts are applied.

Rate increases following a ticket or accident

The example below demonstrates how speeding tickets and at-fault accidents can affect BMW 328i car insurance costs for different age groups. The rate quotes are based on a single female driver, full coverage, $1,000 deductibles, and no other discounts are factored in.

Does full coverage make sense?

The example below illustrates the difference between BMW 328i auto insurance rates with full physical damage coverage and with liability coverage only. The premiums are based on no violations or claims, $250 deductibles, single status, and no discounts are applied to the premium.

When to stop buying physical damage coverage

There is no written rule for eliminating full coverage on your policy, but there is a general convention. If the annual cost of having full coverage is about 10% or more of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

For example, let’s say your BMW 328i replacement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $4,000 after the deductible is paid. If you are paying in excess of $400 a year for full coverage, then it could be time to drop full coverage.

There are a few cases where dropping full coverage is not a good idea. If you haven’t paid off your loan, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.

Get cheaper BMW 328i insurance rates in Irvine

Insurance can cost an arm and a leg, but there’s a good chance there are discounts that you may not know about. A few discounts will automatically apply at the time of quoting, but some must be specially asked for in order for you to get them.Cheaper auto insurance with discounts

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Some only apply to individual premiums such as comprehensive or collision. Even though it appears you can get free auto insurance, that’s just not realistic. Any amount of discount will definitely reduce your policy cost.

The example below visualizes the comparison of BMW 328i premium costs with and without policy discounts. The prices are based on a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, safe-driver, multi-car, marriage, and multi-policy discounts applied.

Larger auto insurance companies and a selection of discounts are outlined below.

Before buying, ask every insurance company how many discounts you can get. Some of the discounts discussed earlier may not be available in Irvine. To locate insurers who offer discounts in California, click here to view.

Smart Buyers Know How to Buy Auto Insurance for Less

A large part of saving on auto insurance is knowing some of the elements that help calculate your policy premiums. If you have a feel for what determines base rates, this enables informed choices that can help you get much lower annual insurance costs.

The following are a partial list of the pieces companies use to determine your rate level.

Will just any policy work for me?

When selecting the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different so this has to be addressed.Safe vehicles cost less to insure
For example, these questions might point out if you would benefit from an agent’s advice.

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

You may require the services of a local insurance agent

Certain consumers would rather buy from a local agent and that can be a smart move A good thing about comparing insurance prices online is that you can obtain cheaper rates and still buy from a local agent. Buying from small agencies is still important in Irvine.

Insurance agents in IrvineFor easy comparison, once you complete this short form, your insurance data is sent to companies in Irvine that give free quotes and help you find cheaper coverage. You don’t have to contact an agency because quoted prices will be sent to you directly. You can find the lowest rates and an insurance agent to talk to. If you wish to get a price quote from a specific auto insurance provider, you would need to navigate to their website and give them your coverage information.

If you’re trying to find a good Irvine insurance agent, you need to know there are two different agency structures to choose from. Auto insurance policy providers are classified as either exclusive agents or independent agents.

Independent Auto Insurance Agencies

Agents of this type do not write with just one company so they can write business with many different companies and find you cheaper rates. If your agent finds better pricing, the business is moved internally and that require little work on your part. When comparing rates, we recommend you contact at least one independent agent for the best price selection.

Below is a short list of independent insurance agencies in Irvine that may be able to provide free auto insurance rate quotes.

3151 Airway Ave Suite F203Costa Mesa, CA 92626(714) 258-2800View Map

3440 Irvine Ave # 150Newport Beach, CA 92660(949) 852-8558View Map

100 Pacifica Suite 340Irvine, CA 92618(800) 886-3897View Map

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Exclusive Auto Insurance Agents

These agents generally can only insure with one company such as State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot provide rate quotes from other companies so you need to shop around if the rates are high. These agents are well schooled on their products and sales techniques which helps them compete with independent agents.

Below is a list of exclusive insurance agencies in Irvine willing to provide price quote information.

16277 Laguna Canyon Rd FIrvine, CA 92618(949) 727-4442View Map

2101 Business Center Dr Suite 110Irvine, CA 92612(949) 202-0338View Map

18004 Sky Park Cir #250Irvine, CA 92614(949) 252-0900View Map

More insurance agents

Finding the right car insurance agent shouldn’t rely on just a cheap quote. These questions are important to ask:

Once you have good feedback to any questions you may have and a low price estimate, chances are good that you have found an insurance agency that meets your needs to adequately provide auto insurance.

Best car insurance in California

Choosing a highly-rated car insurance company is hard considering how many companies there are to choose from in Irvine. The ranking data shown next could help you pick which companies to look at comparing prices from.

Top 10 Irvine Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. AAA of Southern California
  4. State Farm
  5. The Hartford
  6. AAA Insurance
  7. GEICO
  8. The General
  9. Titan Insurance
  10. Progressive

You can lower your car insurance rates

A few companies do not offer online price quotes and these smaller providers prefer to sell through local independent agencies. Lower-priced BMW 328i insurance in Irvine can be sourced on the web in addition to local insurance agencies, and you need to comparison shop both to have the best rate selection.

We just covered many ways to reduce BMW 328i insurance premium rates online in Irvine. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may even discover the lowest premium rates are with a lesser-known regional company. They can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and GEICO.

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