Expensive BMW X1 insurance in San Antonio can stress out your funds and make it impossible to make ends meet. Comparing cost estimates can be a smart way to tighten up your finances.
It’s astonishing, but most auto insurance policyholders in Texas kept their coverage with the same auto insurance company for more than four years, and nearly 40% of drivers have never compared rates to find cheap insurance. With the average premium in the United States being $1,847, drivers could save about 47% a year by just shopping around, but they won’t spend time to compare rate quotes online.
Popular companies such as State Farm, Allstate, GEICO and Progressive all claim big savings, bombarding you with advertising and it is difficult to ignore the flashy ads and effectively compare rates to find the best deal.
If you currently have car insurance, you stand a good chance to be able to lower your rates using this strategy. Buying the cheapest car insurance in San Antonio is quite easy if you know the best way to do it. Nevertheless, Texas consumers do need to understand how companies sell online because rates are impacted by many factors.
Most major insurance companies such as Allstate, GEICO and Progressive allow you to get coverage prices directly from their websites. This process is possible for anyone as you simply type in your coverage preferences into the form. When the form is submitted, the quote system makes automated requests for information on your driving record and credit history and returns pricing information based on the data you entered. This makes it easy to compare insurance prices and it’s necessary to get many rate quotes in order to find the cheapest price.
To find out how much you can save on car insurance, check out the car insurance providers below. To compare your current rates, we recommend you duplicate deductibles and limits identical to your current policy. This guarantees you will receive rate quotes using the exact same coverages.
The companies shown below can provide price quotes in Texas. If several companies are displayed, we recommend you compare several of them to get a more complete price comparison.
San Antonio insurance discounts for a BMW X1
Some companies do not advertise every available discount very clearly, so the following list contains some of the more common in addition to some of the lesser obvious credits available to you.
- Air Bag Discount – Cars that have air bags or motorized seat belts could see savings of 20% or more.
- Discounts for Cautious Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates than drivers with accident claims.
- Auto/Life Discount – Companies who offer life insurance give lower premium rates if you buy some life insurance too.
- Savings for New Vehicles – Buying a new car instead of a used X1 can save you some money because newer models keep occupants safer.
- Discount for Swiching Early – Some companies provide a discount for buying a new policy prior to the expiration date on your current X1 insurance policy. It can save you around 10%.
- Multi-car Discount – Drivers who insure all your vehicles with the same car insurance company could earn a price break for each car.
- Federal Government Employee – Being employed by or retired from a federal job could qualify for a slight premium decrease with certain companies.
As a sidenote, most discounts do not apply to your bottom line cost. Most only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it doesn’t quite work that way. But all discounts will lower your car insurance premiums.
Some of the insurance companies that possibly offer many of the previously listed discounts are:
- State Farm
- Liberty Mutual
- American Family
- Progressive
- Farmers Insurance
- Auto-Owners Insurance
- SAFECO
If you want the cheapest BMW X1 rate quotes, ask all the companies which discounts you qualify for. All car insurance discounts may not be offered in San Antonio.
How Car Insurance Companies Calculate BMW X1 Insurance Prices
Lots of factors are part of the equation when you get your auto insurance bill. Some of the criteria are obvious such as your driving history, although some other factors are less obvious like where you live or your financial responsibility.
The following are just a few of the factors auto insurance companies consider when setting your rate level.
Traffic violations drive up rates – How you drive impacts your car insurance rates tremendously. Even one speeding ticket or other violation could increase your next policy renewal substantially. Careful drivers get better prices than their less careful counterparts. Drivers unfortunate enough to have flagrant tickets like reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
Gender impacts costs – Over the last 50 years, statistics have shown that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. Females and males are in at-fault accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations such as DWI and reckless driving. Young males tend to get in the most accidents and thus pay the highest rates.
Rural vs Urban Areas – Living in areas with lower population has it’s advantages when buying auto insurance. Drivers in populated areas have to deal with traffic congestion and longer commutes to work. Lower population translates into fewer accidents.
Only buy coverage you need – Insurance policies have a lot of extra coverages that you can buy when buying auto insurance. Coverage for things like coverage for rental cars, towing coverage, and membership fees may be costing you every month. These coverages may sound good when buying your policy, but if you have no use for them eliminate the coverages to reduce your premium.
Vehicles with better crash test results means better rates – Safe vehicles get lower rates. Vehicles engineered for safety reduce occupant injuries and lower injury rates translates into fewer and smaller insurance claims and cheaper rates on your policy.
Cut rates and deter theft – Choosing to buy a car with advanced anti-theft systems can help lower your rates. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms all hinder your car from being stolen.
BMW X1 claim probability – Car insurance companies take into consideration historical loss data for every vehicle to help determine the price you pay. Models that are shown to have higher loss trends will have a higher cost to insure. The data below shows the insurance loss data used by companies for BMW X1 vehicles.
For each coverage category, the claim amount for all vehicles combined as an average is a value of 100. Numbers that are below 100 suggest a positive loss record, while values over 100 indicate frequent claims or an increased chance of larger losses than average.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| BMW X1 4dr 2WD | 99 | 86 | 113 | 90 | 95 | 87 |
| BMW X1 4dr 4WD | 103 | 96 | 120 | 73 | 69 | 82 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Local San Antonio insurance agents
Certain consumers just want to go talk to an agent and doing so can bring peace of mind A nice benefit of comparing insurance prices online is that you can find the best rates and still buy from a local agent.
Once you complete this simple form, your information is emailed to participating agents in San Antonio who will give competitive quotes for your business. You never need to drive around because prices are sent immediately to you. Get lower rates and a licensed agent to work with. In the event you want to compare rates from a specific insurance company, don’t hesitate to jump over to their website and submit a quote form there.
Choosing a insurance company requires you to look at more than just a cheap price quote. Any agent in San Antonio should be willing to answer these questions.
- Will the quote change when the policy is issued?
- Do you qualify for any additional discounts?
- Is coverage determined by price?
- Are they paid to recommend certain coverages?
- How does the company pay claims for a total loss?
- Is the agency involved in supporting local community causes?
- How long have they worked with personal auto insurance coverage?
Insurance agents can help
When it comes to buying coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance needs to address that.
For example, these questions can help discover if your situation will benefit from professional help.
- What happens if I owe more than my BMW X1 is worth?
- Is extra glass coverage worth it?
- Which companies will insure high-risk drivers?
- Should I rate my BMW X1 as pleasure use or commute?
- Do I get a pro-rated refund if I cancel my policy early?
- Should I pay a claim out-of-pocket?
- Do I need replacement cost coverage on my BMW X1?
- Are my friends covered when driving my BMW X1?
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area.
Persistence pays off
Lower-priced auto insurance in San Antonio is definitely available on the web in addition to local insurance agencies, so you should be comparing quotes from both to have the best selection. Some insurance companies may not have rate quotes online and many times these regional carriers only sell through independent insurance agents.
When getting San Antonio auto insurance quotes online, it’s very important that you do not buy poor coverage just to save money. There are a lot of situations where someone sacrificed comprehensive coverage or liability limits and learned later that it was a big error on their part. Your strategy should be to purchase a proper amount of coverage at an affordable rate, but do not skimp to save money.
Additional auto insurance information can be found at these links:
- Tools for Teen Driving Safety (State Farm)
- How Much is Auto Insurance for Postal Workers in San Antonio? (FAQ)
- Who Has Cheap San Antonio Car Insurance Quotes for Single Moms? (FAQ)
- How Much are Auto Insurance Rates for Real Estate Agents in San Antonio? (FAQ)
- How Much is San Antonio Car Insurance for a Company Car? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers Over Age 50 in San Antonio? (FAQ)
- What Car Insurance is Cheapest for a Nissan Altima in San Antonio? (FAQ)
- Insurance Losses by Make and Model (iihs.org)
- Winter Driving (Insurance Information Institute)
- What Does No-Fault Insurance Cover? (Allstate)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)