Are you looking for cheaper BMW Z4 insurance in Denver? Think you have overpriced BMW Z4 insurance in Denver? You’re preaching to the choir because there are many Denver drivers thinking the same thing.
Inconceivable but true, most auto insurance policyholders have bought auto insurance from the same company for a minimum of four years, and 38% of drivers have never shopped around. Many consumers in Denver could pocket $600 a year just by comparing rates, but they feel it’s too difficult to compare rate quotes online.
Companies like GEICO, 21st Century and Progressive continually hit you with fancy advertisements and it is difficult to separate fact from fiction and find the best price available.
If you have car insurance now, you stand a good chance to be able to reduce premiums using these methods. Locating the most cost-effective car insurance policy in Denver is not rocket science. But Colorado drivers must learn how insurance companies market insurance on the web because it can help you find the best coverage.
These six discounts can cut BMW Z4 insurance rates
Some providers don’t always advertise their entire list of discounts very well, so we break down a few of the more common as well as some of the hidden credits that may apply to you.
- Professional Memberships – Joining qualifying employment or professional organizations could qualify you for a break when getting a Denver car insurance quote.
- Good Drivers – Accident-free drivers may receive a discount up to 45% than less cautious drivers.
- Waiver for an Accident – This isn’t a discount exactly, but some insurance companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims before the accident.
- Life Insurance Discount – Some insurance companies give a discounted price on car insurance if you buy some life insurance too.
- Seat Belt Discounts – Drivers who require all vehicle occupants to buckle their seat belts could cut 10% or more on the premium charged for medical payments and/or PIP.
- Student Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class if it’s offered in school.
One thing to note about discounts is that many deductions do not apply to the whole policy. Most only reduce individual premiums such as comp or med pay. So even though you would think all the discounts add up to a free policy, that’s just not realistic.
Large insurance companies and some of their more popular discounts are shown below.
- Progressive discounts include online signing, continuous coverage, multi-vehicle, online quote discount, multi-policy, homeowner, and good student.
- SAFECO includes discounts for accident prevention training, anti-lock brakes, drive less, bundle discounts, teen safe driver, and safe driver.
- American Family may have discounts that include multi-vehicle, accident-free, air bags, defensive driver, good student, good driver, and early bird.
- MetLife has savings for good driver, good student, accident-free, multi-policy, claim-free, and defensive driver.
- GEICO offers discounts for military active duty, membership and employees, federal employee, daytime running lights, air bags, driver training, and emergency military deployment.
- The Hartford may offer discounts for bundle, anti-theft, good student, driver training, defensive driver, and air bag.
Before buying, ask each company or agent what discounts are available to you. Some discounts might not be offered on policies in every state. If you would like to see a list of insurers offering insurance discounts in Denver, click here.
The quickest method we recommend to compare insurance rates in your area utilizes the fact car insurance companies allow for online access to provide you with a free rate quote. The only thing you need to do is provide information such as level of coverage desired, your general credit rating, if you have an active license, and how many miles driven. Your details is instantly submitted to all major companies and they respond with quotes quickly.
To get price quotes for your car now, click here then complete the form.
The companies shown below are ready to provide price comparisons in Colorado. If more than one company is shown, we recommend you visit as many as you can to get the most competitive price.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Z4 3.0I SDRIVE 2-Dr Roadster | $342 | $620 | $298 | $18 | $90 | $1,368 | $114 |
| Z4 3.5I SDRIVE 2-Dr Roadster | $364 | $836 | $388 | $22 | $116 | $1,726 | $144 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Rate quotes do not factor in specific zip code location which can change premium rates greatly.
BMW Z4 insurance rates by gender in Denver
The diagram below shows the comparison of BMW Z4 insurance costs for male and female drivers. The price estimates are based on no claims or violations, comp and collision included, $250 deductibles, marital status is single, and no discounts are taken into consideration.
Everyone needs different auto insurance coverages
When it comes to choosing proper insurance coverage for your vehicles, there really is no one size fits all plan. Everyone’s situation is unique.
These are some specific questions can help discover whether you might need an agent’s assistance.
- What is the ISO rating for a BMW Z4?
- How can I get high-risk coverage after a DUI?
- How can I find cheaper teen driver insurance?
- Does coverage extend to my business vehicle?
- When can I cancel my policy?
- Am I covered if I break a side mirror?
- Can I insure my car for more than it’s worth?
- How high should my uninsured/underinsured coverage be in Colorado?
- Where can I find high-risk insurance?
- Do I have coverage if my license is suspended?
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, complete this form.
Independent and exclusive insurance agencies
Many drivers still prefer to sit down and talk to an agent and often times that is recommended A nice benefit of price shopping on the web is that you can find cheap rate quotes and still choose a local agent.
After filling out this quick form, your insurance data is emailed to companies in Denver who will gladly provide quotes for your coverage. You won’t even need to search for any insurance agencies since price quotes are sent directly to your email. It’s the lowest rates and work with a local agent. If for some reason you want to quote rates from a particular provider, you would need to go to their quote page and give them your coverage information.
Selecting an company needs to be determined by more than just the bottom line cost. Some important questions to ask are:
- Do they offer rental car reimbursement?
- Will they give you a referral list?
- Is there any savings for paying the full premium?
- What discounts might you be missing?
- What will you get paid if your car is a total loss? How is that amount determined?
If you need to find a local agent, it’s helpful to know the types of insurance agents to choose from. Denver agents may be either exclusive agents or independent agents.
Exclusive Insurance Agencies
Exclusive agencies can usually just insure with one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot shop your coverage around so they are skilled at selling on more than just price. They are well schooled on the products they sell which aids in selling service over price.
The following are Denver exclusive agencies willing to provide rate quotes.
State Farm: Charles Insurance Agency
1165 S Broadway #114 – Denver, CO 80210 – (303) 777-7161 – View Map
Farmers Insurance – Mike Schmisek
1100 S Shoshone St – Denver, CO 80223 – (303) 922-1001 – View Map
Bob Chapman – State Farm Insurance Agent
2335 E Evans Ave – Denver, CO 80210 – (303) 777-3005 – View Map
Independent Insurance Agents
Agents in the independent channel are normally appointed by many insurers and that is an advantage because they can write policies through many companies depending on which coverage is best. If your premiums go up, the business is moved internally and that require little work on your part. If you are comparing rate quotes, you will definitely want to include multiple independent agents to get the best comparison.
Below are independent insurance agencies in Denver willing to provide comparison quotes.
Mile High Insurance Agency
4704 Harlan St #360 – Denver, CO 80212 – (303) 237-5445 – View Map
Westwood Insurance
57 W Alameda Ave – Denver, CO 80223 – (303) 722-2841 – View Map
Insurance Town and Country
1735 E 17th Ave #3 – Denver, CO 80218 – (303) 388-7216 – View Map
After you get satisfactory answers to any questions you may have and a good coverage price, most likely you have located an auto insurance agent that is reliable enough to insure your vehicles. But remember, you are entitled to cancel your coverage whenever you choose to so never feel you are locked into a specific agent with no way out.
Information about specific coverages
Knowing the specifics of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.
Comprehensive insurance – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like damage from flooding, damage from a tornado or hurricane and rock chips in glass. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Collision coverage – This covers damage to your Z4 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things like rolling your car, sustaining damage from a pot hole, backing into a parked car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible on your Z4 to get cheaper collision coverage.
Liability auto insurance – This protects you from damage that occurs to other people or property by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/15 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $15,000.
Liability coverage protects against things like funeral expenses, repair costs for stationary objects and bail bonds. How much coverage you buy is a personal decision, but you should buy as much as you can afford. Colorado requires drivers to carry at least 25/50/15 but it’s recommended drivers buy better liability coverage.
Coverage for medical expenses – Med pay and PIP coverage pay for expenses such as prosthetic devices, chiropractic care, ambulance fees and pain medications. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many Colorado drivers only carry the minimum required liability limits (25/50/15 in Colorado), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
In the end, you can save money
When you buy Denver car insurance online, it’s very important that you do not sacrifice coverage to reduce premiums. In too many instances, drivers have reduced collision coverage and discovered at claim time they didn’t purchase enough coverage. Your goal is to buy enough coverage at the best price, not the least amount of coverage.
Consumers switch companies for many reasons like denial of a claim, delays in paying claims, not issuing a premium refund or even questionable increases in premium. No matter why you want to switch, choosing a new company can be pretty painless.
More affordable insurance in Denver can be bought online and from local insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide rate quotes online and usually these small, regional companies provide coverage only through independent agencies.
For more information, take a look at the resources below:
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Who Has Cheap Auto Insurance Rates for 16 Year Olds in Denver? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers Over Age 50 in Denver? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Jeep Wrangler in Denver? (FAQ)
- Who Has Affordable Denver Auto Insurance Quotes for 17 Year Olds? (FAQ)
- Who Has Affordable Auto Insurance for Teenage Females in Denver? (FAQ)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Auto Theft Statistics (Insurance Information Institute)
- Uninsured Motorist Statistics (Insurance Information Institute)