If you’re looking for a great deal on your BMW 5 series car insurance, you’ve come to the right place. At AutoInsuranceEZ.com, we can help you find the best deals from reliable companies in your area. If you want to learn about the best ways to get affordable BMW 5 series auto insurance, just keep reading. This article is a valuable resource of information that can help you start saving money today.
The history of the BMW 5 series dates all the way back to 1972. At first, the small selection of cars only came in a classic sedan style. Starting in 1991, however, they began incorporating a Touring Style (commonly referred to as a station wagon in years past) and eventually a 5-door Grand Turismo model in the year 2009. It is currently in its seventh generation. These vehicles represent some of BMW’s highest selling models, only exceeded by sales of the BMW 3 Series.
In recent years, unethical sales practices among certain European car manufacturers (Volkswagen especially) have led to reduced sales and economic uneasiness surrounding diesel vehicles. But the BMW 5 series is giving them a small, quiet come back. While diesel-powered versions of BMW 5 series passenger cars were excluded from production in 2017, it will again start manufacturing and selling 2018 diesel-powered sedans to the North American market.
Depending on factors such as your state, your city, and even your ZIP, you may end up paying more for your auto insurance premiums then other drivers. Take vehicle theft, for example. Areas with high rates of auto theft – even if it’s just parts, like engine components, wheels, or expensive stereo equipment – might give your insurance company cold feet when it comes to working with you and giving you the lowest discounts you can get.
Another major factor that determines whether or not you will get the best price on your insurance policy has to do with which company is providing you with that policy. Not all car insurance companies are created equal. Yes, there are many companies that offer similar services and similar discounts at similar prices. However, your personal factors could mean the difference between a great deal or a huge burden depending on your insurers measurement of risk.
Unfortunately, some drivers may not be aware of the fact that their credit score will also you major determining factor of whether or not their insurance policy will break the bank. Having a low credit score is a signal to most insurance companies that you may be financially risky when it comes to making payments on time. Some companies also assume that a lack of financial responsibility indicates a lack of responsibility in other areas, such as driver safely. Whether these assumptions are correct or not, insurance companies still use your credit score to determine whether to offer you a great deal or a pricey policy.
Taking out an auto insurance policy on a BMW 5 series vehicle is probably going to run you a higher price than most other cars on the road. But if you’re a proud supporter of the BMW brand, and you want to drive it legally, you’re going to need an insurance policy that covers your vehicle at a price you can afford. If you use our handy quote generator to compare rates between different providers in your area, you can find an affordable monthly premium in a matter of minutes.