Would you like to save money by finding low-cost BMW 535i insurance in Fort Collins? If you're shopping for more affordable insurance online, are you frustrated by the dozens of insurance companies in your area? Colorado people have such a vast assortment of companies available that it can easily turn into a ton of work to lower your rates for BMW 535i insurance in Fort Collins. Everyone knows Fort Collins is an awesome place to live, but expensive insurance rates can make it hard for many drivers to pay other bills every month.

Discount BMW 535i insuranceSad but true, the vast majority of insurance customers have bought insurance from the same company for well over three years, and approximately 40% of consumers have never quoted insurance rates at all. Fort Collins consumers can cut their rates by up to $610 a year just by shopping around, but they don't know how much they could save if they switch to a new company.

It's a good habit to compare rates once or twice a year because prices change regularly. Just because you had the lowest price on BMW 535i insurance in Fort Collins six months ago other companies may now be cheaper. There is a lot of bad information regarding 535i insurance on the internet, but in a few minutes you can learn some good information on how to buy insurance cheaper in Fort Collins.

Locating the most cost-effective car insurance policy in Fort Collins is quite easy. If you already have coverage, you will be able to shop for the lowest rates using the tips covered below. Although Colorado car owners must comprehend how companies determine how much to charge and use this information to your advantage.

Keep in mind that comparing a wide range of rates will improve the odds of getting a better price.

The companies shown below can provide comparison quotes in Fort Collins, CO. If several companies are displayed, we recommend you compare several of them to get a more complete price comparison.

BMW 535i Insurance Rates in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
535I 4-Dr Sedan $294 $640 $456 $28 $136 $1,554 $130
535I xDrive Station Wagon $290 $582 $330 $20 $98 $1,320 $110
535I GT 4-Dr Sedan $264 $584 $396 $24 $118 $1,386 $116
535I xDrive 4-Dr Sedan $394 $822 $368 $22 $110 $1,716 $143
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Information does not factor in vehicle location which can modify prices considerably.

Annual premiums for males versus females

The information below shows the comparison of BMW 535i insurance costs for male and female drivers. The rate quotes are based on no claims or driving violations, full physical damage coverage, $1,000 deductibles, marital status is single, and no discounts are applied.

How careless driving impacts auto insurance rates

The information below demonstrates how citations and accident claims can raise BMW 535i auto insurance rates for different age groups. The data assumes a single male driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

Rate comparison for different deductibles

When comparing auto insurance rates, the most common question is where should you set your physical damage deductibles. The figures shown below show the difference in cost when you choose different deductibles. The first data set uses a $100 deductible for comp and collision and the second data table uses a $500 deductible.

BMW 535i insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
535I 4-Dr Sedan $420 $838 $352 $20 $106 $1,761 $147
535I xDrive Station Wagon $420 $838 $352 $20 $106 $1,761 $147
535I GT 4-Dr Sedan $420 $838 $352 $20 $106 $1,761 $147
535I xDrive 4-Dr Sedan $458 $838 $352 $20 $106 $1,799 $150
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BMW 535i insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
535I 4-Dr Sedan $306 $566 $352 $20 $106 $1,350 $113
535I xDrive Station Wagon $306 $566 $352 $20 $106 $1,350 $113
535I GT 4-Dr Sedan $306 $566 $352 $20 $106 $1,350 $113
535I xDrive 4-Dr Sedan $334 $566 $352 $20 $106 $1,378 $115
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Estimates do not factor in specific location information which can change rates substantially.

Based on these figures, using a $100 deductible would cost the average driver about $34 more each month or $408 every year than quoting the higher $500 deductible. Since you would pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 12 months between claims, you would save more money by going with a higher deductible.

Do you qualify for discounts on BMW 535i insurance in Fort Collins?

The price of auto insurance can be rather high, but you might already qualify for some discounts that you may not know about. Some discounts will apply at quote time, but a few must be requested specifically prior to getting the savings.Auto insurance discounts

Consumers should know that most credits do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as medical payments or collision. If you do the math and it seems like having all the discounts means you get insurance for free, you're out of luck.

Larger auto insurance companies and a selection of discounts can be read below.

Before buying, ask each company or agent which discounts they offer. Some discounts may not be available in your state. To see a list of providers who offer free BMW 535i insurance quotes in Fort Collins, click here.

Should I contact a local insurance agent?

Some consumers would prefer to get advice from a local agent and doing that can be a smart decision A good thing about comparing auto insurance online is you may find lower rates and also buy local.

Fort Collins insurance agentsUpon completion of this simple form, your insurance data is instantly submitted to insurance agents in Fort Collins who will gladly provide quotes to get your business. It makes it easy because there is no need to contact any insurance agencies since price quotes are sent to you. You can find the lowest rates and work with a local agent. If you have a need to compare prices from a specific company, feel free to navigate to their website and submit a quote form there.

Deciding on an insurance company should depend on more than just a low price. The answers to these questions are important, too.

If you are wanting to find a reputable insurance agent or broker, it can be helpful to understand the types of agencies and how they differ in how they can insure your vehicles. Insurance agencies in Fort Collins are considered either independent (non-exclusive) or exclusive.

Exclusive Auto Insurance Agents

These agents are contracted to one company and examples are Farmers Insurance, Allstate, or State Farm. They usually cannot give you multiple price quotes so keep that in mind. Exclusive insurance agents receive extensive training on the products they sell and that can be a competitive advantage. Consumers often use the same agent mostly because of high brand loyalty and the convenience of having a single billing for all their coverages.

Below is a list of exclusive agents in Fort Collins who can help you get comparison quotes.

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Independent Agents (or Brokers)

Agents that elect to be independent often have many company appointments and that allows them to write policies through many companies and find the cheapest auto insurance rates. If premiums increase, they can switch companies in-house which is easy for the insured.

If you are comparing auto insurance prices, you should always include a few independent agents for maximum quote selection. Most can insure with less well-known companies which may provide better rates.

Shown below are independent insurance agents in Fort Collins who can help you get price quote information.

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Parts of your insurance policy

Knowing the specifics of insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Medical expense insurance - Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for ambulance fees, nursing services, hospital visits, chiropractic care and rehabilitation expenses. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Collision coverage - This coverage pays to fix your vehicle from damage from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like rolling your car, sideswiping another vehicle, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible on your 535i to get cheaper collision coverage.

Protection from uninsured/underinsured drivers - This protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your BMW 535i.

Because many people carry very low liability coverage limits (Colorado limits are 25/50/15), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive (Other than Collision) - Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, a broken windshield and rock chips in glass. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Liability car insurance - This coverage can cover damages or injuries you inflict on other's property or people. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/15 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $15,000.

Liability insurance covers things like legal defense fees, bail bonds and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible. Colorado state minimum liability requirements are 25/50/15 but you should think about purchasing better liability coverage.

A conclusion for your insurance search

We just presented a lot of tips how to get a better price on BMW 535i insurance in Fort Collins. It's most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may even discover the lowest prices are with a company that doesn't do a lot of advertising.

Drivers leave their current company for a number of reasons such as being labeled a high risk driver, high rates after DUI convictions, questionable increases in premium and delays in paying claims. Regardless of your reason for switching companies, finding a new insurance company is easier than you think.

As you restructure your insurance plan, do not sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced liability limits or collision coverage and learned later that the small savings ended up costing them much more. The goal is to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.

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