We don’t have to tell you that car insurance companies don’t want you quoting rates from other companies. People who compare other rates will probably buy a new policy because they have a good chance of finding better rates. A recent study showed that people who routinely compared rates saved approximately $865 a year compared to other drivers who never compared rates.
If finding the best price on car insurance is the reason you’re here, then having an understanding of how to compare insurance rates can make it easier for you to save money.
If you want to find the absolute lowest rates, then the best way to get low-cost BMW M6 insurance is to make a habit of comparing prices annually from different companies who can sell car insurance in Mesa.
- Take a few minutes and learn about how your policy works and the things you can control to keep rates down. Many things that result in higher prices like traffic violations, accidents, and a less-than-favorable credit history can be controlled by improving your driving habits or financial responsibility.
- Quote rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes for a wide range of insurance providers.
- Compare the quotes to the premium of your current policy and see if there is a cheaper rate in Mesa. If you can save some money and decide to switch, make sure there is no coverage gap between policies.
An essential thing to point out is to use the same physical damage deductibles and liability limits on every quote and and to get price quotes from as many companies as feasibly possible. This helps ensure an accurate price comparison and the best price selection.
If you have a policy now, you should be able to find the best rates using the techniques covered below. Locating the most cost-effective auto insurance policy in Mesa can really be easy if you know what you’re doing. Although Arizona drivers benefit from understanding how big insurance companies compete online because rates fluctuate considerably.
Cheaper rates with these price cutting discounts
Companies offering auto insurance do not list every available discount very clearly, so the list below gives a summary of both the well known and also the lesser-known discounts that may be available.
- Accident Waiver – Not necessarily a discount, but companies like Allstate, State Farm and GEICO will forgive one accident before raising your premiums if you have no claims for a particular time prior to the accident.
- Distant Student Discount – Kids who are attending college and leave their car at home could get you a discount.
- Multiple Cars – Buying insurance for more than one vehicle on a single policy can reduce the rates for all insured vehicles.
- Smart Student Discounts – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up to age 25.
- Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of 20% or more.
- Claim Free – Mesa drivers who stay claim-free are rewarded with significantly better rates on Mesa car insurance quote in comparison with insureds who have frequent claims or accidents.
- Senior Discount – Older drivers can get a small decrease in premiums.
A quick disclaimer, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to individual premiums such as comprehensive or collision. Despite the fact that it seems like adding up those discounts means a free policy, it’s just not the way it works.
The example below illustrates the difference between BMW M6 insurance costs with and without discounts applied to the policy rates. The data is based on a female driver, no claims or driving citations, Arizona state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, homeowner, multi-policy, safe-driver, and multi-car discounts applied.
Some companies that possibly offer many of the previously listed discounts include:
Before purchasing a policy, check with every company how you can save money. Discounts might not be available to policyholders in Mesa. For a list of insurers with the best discounts in Mesa, click here to view.
To find the best car insurance rates, there are several ways to compare prices from different companies. The best method to compare rates is to jump online and get quotes.
Online shopping is fast and free, and it replaces the need to drive to insurance agents’ offices. Shopping for car insurance online has reduced the need for local agents unless you prefer the professional guidance that only an agent can give. It is possible with some companies price shop online but purchase the actual policy in an agency. Just keep in mind that comparing all the rates in your area helps improve the odds of finding the best rates.
The following companies are ready to provide free rate quotes in Mesa, AZ. To get the best auto insurance in Arizona, we recommend you visit as many as you can to find the cheapest car insurance rates.
Car insurance data for a BMW M6
The premium table shown below outlines estimates of policy rates for BMW M6 models. Knowing how insurance prices are calculated can benefit drivers when making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $356 | $960 | $244 | $14 | $74 | $1,648 | $137 |
| M6 2-Dr Convertible | $382 | $890 | $360 | $22 | $108 | $1,762 | $147 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rate information does not factor in specific garaging location which can influence price quotes significantly.
Should you raise deductibles?
When buying car insurance, a common question is how high or low should comp and collision deductibles be. The rates shown below can help illustrate the premium difference when you buy lower versus higher deductibles. The first pricing table uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $458 | $1130 | $254 | $16 | $76 | $1,959 | $163 |
| M6 2-Dr Convertible | $490 | $1048 | $374 | $22 | $112 | $2,071 | $173 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $254 | $596 | $254 | $16 | $76 | $1,196 | $100 |
| M6 2-Dr Convertible | $272 | $552 | $374 | $22 | $112 | $1,332 | $111 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Price information does not factor in specific garaging location which can change prices considerably.
Based on these figures, using a $100 deductible will cost you roughly $62 more each month or $744 annually across all BMW M6 models than selecting 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 15 months between claims, you would most likely save money if you decide on a higher deductible. The table below illustrates an example of how this determination is made.
| Average monthly premium for $100 deductibles: | $168 |
| Average monthly premium for $1,000 deductibles (subtract): | – $106 |
| Monthly savings from raising deductible: | $62 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $62 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
Cost difference between full coverage and liability
The information below shows the comparison of BMW M6 insurance costs with and without full coverage. The costs are based on no accidents, no driving violations, $250 deductibles, drivers are single, and no policy discounts are applied.
Should you pay for full coverage?
There is no definitive rule to drop comp and collision coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let’s assume your BMW M6 replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $6,000 after paying the physical damage deductible. If premium cost is more than $600 annually for your policy with full coverage, then it could be time to drop full coverage.
There are some scenarios where dropping full coverage is not a good idea. If you still owe money on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not eliminate full coverage.
Auto insurance is unique, just like you
When selecting the right insurance coverage for your personal vehicles, there really isn’t a cookie cutter policy. Your financial needs are unique.
For instance, these questions may help highlight whether you would benefit from an agent’s advice.
- Which companies will insure me after a DUI?
- What discounts do I qualify for?
- Does liability extend to a camper or trailer?
- Is my teen driver covered when they drive my company car?
- Exactly who is provided coverage by my policy?
- Does my policy cover me if I wreck while driving under the influence?
- Can my babysitter drive my car?
- Is other people’s property covered if stolen from my vehicle?
- Should I drop comprehensive coverage on older vehicles?
- Is a driver training discount available?
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form.
Compare rate quotes but buy from a local neighborhood Mesa car insurance agent
Many drivers still like to talk to an insurance agent and that is recommended in a lot of cases A nice benefit of getting online price quotes is that drivers can save money and get cheap auto insurance quotes and still choose a local agent.
To find an agent, once you fill out this form (opens in new window), the quote information is submitted to agents in your area that provide free Mesa car insurance quotes to get your business. It makes it easy because there is no need to find an agent on your own since price quotes are sent to you directly. You can find the lowest rates without the usual hassles of price shopping. If you wish to get a rate quote from a particular provider, don’t hesitate to go to their quote page and fill out the quote form the provide.
Selecting an company requires more thought than just a cheap quote. These are some questions you should get answers to.
- Will one accident increase rates?
- Do they carry Errors and Omissions coverage?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- If they are an independent agency in Mesa, which companies do they recommend?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Is there any savings for paying the full premium?
- Are they paid to recommend certain coverages?
- What insurance companies do they work with in Mesa?
If you want to use a reputable insurance agent or broker, it helps to know the two types of insurance agents that you can choose from. Insurance agencies in Mesa can be described as either independent agents or exclusive agents.
Exclusive Agencies
Exclusive agents can usually just insure with one company and some examples include Allstate, Farmers Insurance or State Farm. These agents are unable to provide rate quotes from other companies so you might not find the best rates. They receive a lot of sales training on sales techniques which helps overcome the inability to quote other rates.
Shown below is a short list of exclusive agents in Mesa who may provide you with price quote information.
Bruce Hoerner – State Farm Insurance Agent
1731 W Baseline Rd #106 – Mesa, AZ 85202 – (480) 839-5033 – View Map
Allstate Insurance: John Lawlor
4710 E Falcon Dr Ste 111 – Mesa, AZ 85215 – (480) 807-0675 – View Map
Donna Kohlhase – State Farm Insurance Agent
6836 E Brown Rd #101 – Mesa, AZ 85207 – (480) 396-2140 – View Map
Independent Agents
These agents often have many company appointments so they can write business with many different companies and find the cheapest rate. If they quote lower rates, your agent can just switch to a different company and you don’t have to find a new agent.
If you are comparing auto insurance prices, it’s recommended you compare prices from a few independent agents so that you have a good selection of quotes to compare.
Listed below is a short list of independent agencies in Mesa willing to provide comparison quotes.
ABI Insurance LLC
7165 E University Dr #170 – Mesa, AZ 85207 – (480) 921-3400 – View Map
Diamond Insurance Agency
1933 W Main St # 5 – Mesa, AZ 85201 – (480) 668-4944 – View Map
The Adams Agency
3851 E Main St – Mesa, AZ 85205 – (480) 924-2600 – View Map
After you get good answers to these questions as well as offering an affordable quote, you may have found a car insurance agent that is reputable and can service your policy. Just keep in mind you have the power to terminate coverage whenever you wish so don’t think that you are obligated to a specific agent with no way to switch.
One last note
We just presented many tips how you can lower your BMW M6 insurance rates in Mesa. The key thing to remember is the more companies you get car insurance rates for, the higher your chance of finding low cost Mesa car insurance quotes. Consumers could even find that the lowest priced auto insurance comes from some of the lesser-known companies.
More affordable auto insurance in Mesa can be found online as well as from insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance companies don’t offer rate quotes online and usually these regional insurance providers only sell through independent agents.
Insureds switch companies for many reasons like high prices, poor customer service, questionable increases in premium or even extreme rates for teen drivers. Regardless of your reason for switching companies, choosing a new insurance company can be less work than you think.
More tips and info about auto insurance is available in the articles below:
- Vehicle Insurance (Wikipedia)
- Who Has Affordable Auto Insurance Quotes for Retired Military in Mesa? (FAQ)
- How Much are Mesa Car Insurance Quotes for a Honda Accord? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Drivers with a DUI in Mesa? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Chevrolet Silverado in Mesa? (FAQ)
- How Much are Mesa Auto Insurance Rates for 16 Year Olds? (FAQ)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)