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.
If 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.
- 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.
- 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.
- 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.
- 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.
| 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.
| 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 | |||||||
| 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.
- Buy New and Save – Insuring a new 328i can get you a discount since new vehicles are generally safer.
- Responsible Driver Discounts – Drivers without accidents may receive a discount up to 45% than drivers with accident claims.
- Distant Student – Older children who live away from home to go to college without a vehicle on campus can receive lower rates.
- Driver Safety – Taking a course teaching defensive driver skills is a good idea and can lower rates and easily recoup the cost of the course.
- Discounts for Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts can save 10% or more off PIP or medical payments premium.
- Professional Memberships – Participating in a professional or civic organization could trigger savings when getting a Irvine auto insurance quote.
- Passenger Safety Discount – Cars that have air bags may earn rate discounts as much as 30%.
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.
- State Farm may include discounts for accident-free, anti-theft, driver’s education, good driver, and passive restraint.
- GEICO offers discounts including driver training, anti-lock brakes, multi-vehicle, good student, air bags, defensive driver, and multi-policy.
- Liberty Mutual offers premium reductions for new vehicle discount, hybrid vehicle, multi-policy, teen driver discount, new graduate, multi-car, and newly retired.
- The Hartford discounts include defensive driver, vehicle fuel type, good student, bundle, driver training, and air bag.
- MetLife includes discounts for claim-free, accident-free, defensive driver, good driver, multi-policy, good student
- Progressive has discounts for good student, homeowner, multi-policy, online signing, online quote discount, and continuous coverage.
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.
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Experienced drivers pay less – Inexperience drivers are statistically proven to be inattentive and easily distracted when driving with friends so auto insurance rates are higher. Having to add a inexperienced driver onto your auto insurance can cause a big jump in price. Older insureds are viewed as being more responsible, cause fewer claims and accidents, and are generally more financially stable.
The following data uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
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The type of car, truck or SUV you drive affects your rates – The performance level of the car you need insurance for makes a significant difference in how high your rates are. The most favorable rates tend to be for smaller low performance passenger cars, but many other things help determine your insurance rates.
The following chart uses these variables: married male driver age 20, full coverage with $250 deductibles, and no discounts or violations. The chart compares BMW 328i insurance rates compared to other models that have different risk factors.
- Rate your vehicle for proper use – The more you drive each year the more you’ll pay to insure your vehicle. A lot of companies rate vehicles determined by how the vehicle is used. Autos left parked in the garage qualify for better rates than those used for commuting. Improper usage on your 328i can cost quite a bit. It’s a good idea to make sure your auto insurance coverage correctly shows how each vehicle is driven.
- Higher physical damage deductibles are cheaper – Insurance for physical damage to your car, also known as collision and other-than-collision, helps pay for damage to your vehicle. Some coverage claims are a broken windshield, damage from fire, and damage caused by flying debris. Comprehensive and collision coverage deductibles are the amount of money you are required to spend if the claim is covered. The more damage repair cost you’re willing to pay, the less your company will charge you for insurance.
- Safer occupants lowers auto insurance rates – Cars with five star safety ratings tend to have better insurance rates. Vehicles built for safety result in less severe injuries and better occupant protection means less claims paid passed on to you as lower rates.
- Liability risk factors – The liability coverage on your policy provides coverage if you are ruled to be at fault for causing damage or personal injury in an accident. Your liability coverage provides you with a defense in court starting from day one. This coverage is very inexpensive when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
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.
For example, these questions might point out if you would benefit from an agent’s advice.
- Is pleasure use cheaper than using my BMW 328i to commute?
- Do I need an umbrella policy?
- Should I buy additional glass protection?
- Is a new car covered when I drive it off the dealer lot?
- Why am I required to buy liability insurance?
- Can I cancel at any time?
- Should I have a commercial auto policy?
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.
For 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.
Peter Green Insurance Agency LLC
3151 Airway Ave Suite F203 – Costa Mesa, CA 92626 – (714) 258-2800 – View Map
Church and Casualty Insurance
3440 Irvine Ave # 150 – Newport Beach, CA 92660 – (949) 852-8558 – View Map
USG Insurance Services-California
100 Pacifica Suite 340 – Irvine, CA 92618 – (800) 886-3897 – View Map
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.
John Luithly – State Farm Insurance Agent
16277 Laguna Canyon Rd F – Irvine, CA 92618 – (949) 727-4442 – View Map
State Farm Insurance Agent: Kevin Chhiv
2101 Business Center Dr Suite 110 – Irvine, CA 92612 – (949) 202-0338 – View Map
Sharon Leung – State Farm Insurance Agent
18004 Sky Park Cir #250 – Irvine, CA 92614 – (949) 252-0900 – View Map
Finding the right car insurance agent shouldn’t rely on just a cheap quote. These questions are important to ask:
- Does the agent help file claims?
- Does the quote include credit and driving reports?
- Is the agency covered by Errors and Omissions coverage?
- Are you getting all the discounts the company offers?
- Which companies do they recommend if they are an independent agency?
- In the event of vehicle damage, can you pick the collision repair facility?
- Can you get a list of referrals?
- Will they take your side in the event of a claim?
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
- USAA
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- 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.
To learn more, link through to these articles:
- Side Impact Crash Tests (iihs.org)
- What Insurance is Cheapest for a Chevrolet Silverado in Irvine? (FAQ)
- How Much are Car Insurance Quotes for Drivers Under 25 in Irvine? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Welfare Recipients in Irvine? (FAQ)
- Who Has Affordable Auto Insurance Rates for Government Employees in Irvine? (FAQ)
- Who Has the Cheapest Irvine Car Insurance Rates for Police Officers? (FAQ)
- Electronic Stability Control FAQ (iihs.org)
- Vehicle Size and Weight FAQ (iihs.org)
- Credit and Insurance Scores (Insurance Information Institute)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)