Insurance quote for BMW X3 in DenverNobody I know loves paying for insurance, especially when they could lower their rates if they shopped around.

Sad but true, most insurance policyholders kept buying from the same company for at least the last four years, and roughly 40% of drivers have never compared rates with other companies. With the average premium in Colorado being $1,813, drivers could cut their rates by approximately 35% a year, but they just feel it's too hard to compare rates online.

Multiple insurers compete for your business, and it can be difficult to compare rates to get the lowest price on BMW X3 insurance in Denver.

If you currently have a car insurance policy, you will definitely be able to reduce the price you pay using the ideas presented in this article. Locating the most cost-effective auto insurance policy in Denver is not that difficult. But Colorado car owners should learn the way insurance companies sell insurance online because it can help you find the best coverage.

Just keep in mind that comparing more rates from different companies helps locate a better price. Not every company provides online Denver X3 insurance quotes, so it's important to compare price estimates from them as well.

The following companies can provide free rate quotes in Colorado. If several companies are displayed, we recommend you visit as many as you can to get the lowest price.

BMW X3 Insurance Rates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X3 3.0I xDrive AWD 4-Dr $192 $360 $362 $22 $108 $1,044 $87
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Table data represents married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Premium amounts do not factor in specific zip code location which can lower or raise insurance rates noticeably.

Tickets and at-fault accidents raise rates

The example below shows how speeding tickets and fender-benders raise BMW X3 premium costs for each different age category. The information is based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.

Should you raise deductibles?

One frequently asked question is how high should the deductibles for physical damage be. The following tables can help show the price difference when you choose different physical damage deductibles. The first set of prices uses a $100 deductible for comp and collision and the second rate table uses a $1,000 deductible.

BMW X3 insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X3 3.0I xDrive AWD 4-Dr $380 $740 $352 $20 $106 $1,623 $135
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BMW X3 insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X3 3.0I xDrive AWD 4-Dr $210 $390 $352 $20 $106 $1,078 $90
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Estimates do not factor in specific Denver garaging location which can lower or raise price quotes substantially.

Based on this data, using a $100 deductible costs approximately $45 more each month or $540 annually than requesting the higher $1,000 deductible. Since you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 20 months between claim filings, you would probably come out ahead going with the higher deductible.

Three reasons auto insurance is important

Even though it's not necessarily cheap to insure a BMW in Denver, paying for auto insurance may be required for several reasons.

The benefits of carrying enough insurance are without a doubt worth the cost, particularly for liability claims. In a recent study of 1,000 drivers, the average customer overpays more than $869 every year so we recommend shopping around at every policy renewal to help ensure money is not being wasted.

Insurance advertising tricks

Auto insurance companies such as GEICO, State Farm and Progressive consistently run ads on television and other media. They all seem to state the claim about how much you will save if you just switch your coverage to them. It sounds good, but how can they all cost less than your current company? It's all in how they say it.

Insurance companies have a certain "appetite" for the type of driver that will add to their bottom line. A good example of a profitable customer could be a female over age 40, has no tickets, and drives a car with an anti-theft system. Any customer who fits that profile will get low rates and will also save some money.

Potential insureds who don't meet these stringent criteria may be required to pay a higher rate and the driver buying from a lower-cost company. If you pay attention, the ads say "people that switch" not "all people who quote" save that much money. That's why insurance companies can make those statements. This really drives home the point why it is so important to get as many free Denver auto insurance quotes as possible. It's impossible to know which insurance companies will have the best BMW X3 insurance in Denver.

Denver auto insurance discounts

Companies that sell car insurance don't always advertise the entire discount list in an easy-to-find place, so the list below gives a summary of both the well known and the more hidden credits that you can use to lower your rates. If you aren't receiving every discount possible, you may be paying too high a price.Auto insurance discounts

While discounts sound great, it's important to understand that some of the credits will not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Even though the math looks like you can get free auto insurance, auto insurance companies aren't that generous.

A few of the larger companies and a selection of discounts are:

It's a good idea to ask every prospective company to apply every possible discount. Some discounts might not be offered in Denver. For a list of companies who offer online BMW X3 insurance quotes in Denver, click this link.

Buying from car insurance agents

Some people just want to get professional advice from a licensed agent and often times that is recommended One of the best bonuses of comparing rate quotes online is the fact that drivers can get the lowest rates and still choose a local agent.

Once you complete this quick form, the coverage information is immediately sent to insurance agents in Denver that give free quotes for your insurance coverage. It's much easier because you don't need to drive around since rate quotes are delivered to you directly. You can find better rates AND an agent nearby. If you need to get a rate quote from a specific company, you just need to navigate to their website to submit a rate quote request.

Selecting an provider should include more criteria than just a cheap price quote. Here are some questions you should ask.

Shown below is a list of insurers in Denver that may be able to provide price quote information for BMW X3 insurance in Denver.

Alan Deines - State Farm Insurance Agent
2120 S Ash St Unit 150 - Denver, CO 80222 - (303) 388-4400 - View Map


7505 E Harvard Ave - Denver, CO 80231 - (888) 325-8108 - View Map


400 S Colorado Blvd #890 - Denver, CO 80246 - (303) 321-0895 - View Map


950 17th St #1000 - Denver, CO 80202 - (303) 534-2133 - View Map

More Denver agents

Your car insurance coverage should be tailored to you

Keep in mind that when it comes to choosing the right insurance coverage for your personal vehicles, there really is no "perfect" insurance plan. You are unique.Drive safe and save

For example, these questions can help discover whether or not you will benefit from professional help.

If you can't answer these questions but a few of them apply, you may need to chat with a licensed agent. If you don't have a local agent, complete this form.

Be persistent to save money

In this article, we covered many ways to get a better price on BMW X3 insurance in Denver. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the most savings is with a small mutual company.

Consumers who switch companies do it for many reasons like an unsatisfactory settlement offer, delays in responding to claim requests, high rates after DUI convictions or questionable increases in premium. No matter why you want to switch, finding a new company is less work than it seems.

When searching for affordable BMW X3 insurance quotes, never reduce coverage to reduce premium. In many cases, drivers have reduced liability coverage limits only to regret at claim time they didn't have enough coverage. Your goal should be to get the best coverage possible for the lowest price but still have enough coverage for asset protection.

To learn more, feel free to visit the resources below: