Locating cheaper insurance for your BMW M6 in Arizona can turn out to be a lot of work, but you can follow these tips to find lower rates.
There is a right way and a wrong way to compare car insurance rates so you’re going to learn the quickest way to quote coverages for a BMW and find the lowest price.
Finding BMW M6 insurance in Chandler, Arizona
The companies in the list below are ready to provide price comparisons in Chandler, AZ. To get cheap auto insurance in Arizona, we suggest you visit two to three different companies to get the most competitive price.
Three main reasons to buy insurance
Despite the high cost of buying insurance for a BMW M6 in Chandler, insuring your vehicle is not optional due to several reasons.
- Just about all states have compulsory liability insurance requirements which means the state requires a minimum amount of liability coverage in order to drive the car. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your BMW has a loan, more than likely the lender will have a requirement that you have physical damage coverage to guarantee loan repayment. If you do not pay your insurance premiums, the lender will be forced to insure your BMW for a lot more money and make you pay for the expensive policy.
- Insurance protects both your assets and your vehicle. It will also reimburse you for medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability coverage also pays for attorney fees and expenses if you cause an accident and are sued. If your BMW gets damaged, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of insuring your car definitely exceed the price paid, particularly for liability claims. The average driver in Arizona is overpaying over $830 a year so you should quote rates once a year at a minimum to help ensure money is not being wasted.
BMW M6 insurance coverage information
The rate information displayed below showcases estimates of insurance rates for BMW M6 models. Learning more about how insurance quotes are formulated can help you make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $456 | $1164 | $344 | $20 | $102 | $2,086 | $174 |
| M6 2-Dr Convertible | $488 | $1080 | $506 | $30 | $152 | $2,256 | $188 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Price information does not factor in specific location which can revise price quotes substantially.
Rate comparison for different deductibles
One of the most common auto insurance questions is where to set your physical damage deductibles. The comparisons below can help you understand the premium difference between low and high coverage deductibles. The first set of rates uses a $100 comprehensive and collision 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 | |||||||
Price data assumes 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. Premium costs do not factor in the specific area where the vehicle is garaged which can increase or decrease auto insurance rates substantially.
Based on the figures above, using a $100 deductible will cost you approximately $62 more each month or $744 every year than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 15 months between claims, you would probably be better off if you elect the higher deductible. Here’s the way you can do this calculation yourself.
| 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 |
The information below illustrates how your deductible choice and can change BMW M6 annual premium costs for different age categories. The data is based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.
Auto insurance premiums based on gender
The example below illustrates the comparison of BMW M6 auto insurance rates for male and female drivers. The price estimates are based on no claims or driving citations, comp and collision included, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.
These discounts can lower your auto insurance quotes
Car insurance can cost a lot, but you might be missing out on some discounts to help offset the cost. Larger premium reductions will be automatically applied when you complete an application, but a few must be manually applied prior to receiving the credit.
- Discount for Low Mileage – Fewer annual miles on your BMW may enable drivers to earn slightly better premium rates than normal.
- Active Military Service – Being deployed with a military unit could mean lower prices.
- Safety Restraint Discount – Forcing all vehicle occupants to use their safety belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
- Data Collection Discounts – Drivers that enable driving data collection to monitor driving manner by using a telematics device in their vehicle such as State Farm’s In-Drive could see a rate decrease if they show good driving skills.
- Memberships – Being in a qualifying organization may earn a discount on your policy.
- Pay Now and Pay Less – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
- Discounts for Federal Employees – Active or former government employment may reduce rates when you quote Chandler auto insurance with a few auto insurance companies.
A quick disclaimer, some credits don’t apply to your bottom line cost. Most only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that all the discounts add up to a free policy, you won’t be that lucky.
The diagram below shows the difference between BMW M6 car insurance rates with and without discounts applied to the premium. The price estimates are based on a male driver, no driving violations, no at-fault accidents, Arizona state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, multi-policy, claim-free, homeowner, and marriage discounts applied.
Popular auto insurance companies and some of the premium reductions they offer include:
- State Farm offers discounts for safe vehicle, good driver, defensive driving training, student away at school, accident-free, driver’s education, and multiple policy.
- Farmers Insurance has discounts for mature driver, electronic funds transfer, teen driver, good student, distant student, pay in full, and alternative fuel.
- GEICO policyholders can earn discounts including anti-theft, membership and employees, emergency military deployment, daytime running lights, anti-lock brakes, good student, and multi-policy.
- American Family discounts include mySafetyValet, good student, good driver, accident-free, multi-vehicle, TimeAway discount, and Steer into Savings.
- Nationwide offers discounts including good student, business or organization, easy pay, family plan, multi-policy, anti-theft, and defensive driving.
- Progressive offers premium reductions for online signing, homeowner, online quote discount, good student, multi-vehicle, and multi-policy.
Double check with each company or agent to give you their best rates. Savings may not apply everywhere. To view companies who offer auto insurance discounts in Arizona, click here to view.
Independent versus exclusive insurance agents
Certain consumers just want to visit with an insurance agent and that is recommended in a lot of cases Good insurance agents can make sure you are properly covered and help file insurance claims. One of the best bonuses of comparing insurance prices online is that you can obtain the best rates but still work with a licensed agent. Buying insurance from local insurance agents is definitely important in Chandler.
Once you complete this short form, the coverage information is submitted to agents in your area who can give free rate quotes for your coverage. There is no reason to do any legwork because prices are sent directly to you. If you have a need to quote rates from a specific company, just jump over to their website and fill out the quote form the provide.
When researching a reliable agent, it’s important to understand the types of insurance agents that differ in how they can insure your vehicles. Insurance agents can be described as either independent or exclusive. Both insure your vehicles, but it’s a good idea to understand the differences because it can impact buying decisions.
Independent Agencies or Brokers
Independent agencies do not work for one specific company and that enables them to quote your coverage with multiple insurance companies and help determine which has the cheapest rates. If your agent finds better pricing, they simply switch companies in-house and you don’t have to switch agencies.
When comparing rate quotes, you definitely need to contact at a minimum one independent agency in order to compare the most rates. Most also write with small mutual carriers who may have lower rates.
Below is a list of independent agents in Chandler that may be able to give you price quote information.
- Boudreaux, Jerrold Arizona Insurance SVC
393 W Warner Rd # 117 – Chandler, AZ 85225 – (480) 890-7900 – View Map - San Marcos Insurance Group
584 W Chandler Blvd – Chandler, AZ 85225 – (480) 899-6633 – View Map - Breinholt Insurance Group, LLC
1600 W Chandler Blvd #150 – Chandler, AZ 85224 – (480) 237-2050 – View Map
Exclusive Insurance Agents
Exclusive insurance agents can only place business with one company like AAA, Allstate, and State Farm. These agents are unable to compare other company’s rates so you might not find the best rates. Exclusive insurance agents are trained well on their products and sales techniques which helps offset the inability to provide other markets. Some consumers prefer to use the same exclusive agent mostly because of high brand loyalty and strong financial ratings.
The following is a short list of exclusive insurance agents in Chandler that can give you comparison quotes.
- Allstate Insurance: Joe Kittelson
1351 N Alma School Rd Ste 160 – Chandler, AZ 85224 – (480) 545-8877 – View Map - State Farm: Bryan Ross
5960 S Cooper Rd #2 – Chandler, AZ 85249 – (480) 855-8555 – View Map - Farmers Insurance: Mike Canez
381 N Arizona Ave – Chandler, AZ 85225 – (480) 786-5302 – View Map
Finding a good auto insurance agent should include more criteria than just a low price. A good agent in Chandler will have answers to these questions.
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Does the quote include credit and driving reports?
- Is there a local claims center in Chandler?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Are all drivers listed on the coverage quote?
After you get positive feedback to any questions you have as well as a affordable price, you have narrowed it down to an insurance agent that can be trusted to adequately provide insurance. Just understand that you are able to cancel a policy whenever you choose to so don’t assume that you are permanently stuck with any specific agency with no way out.
Everyone needs different insurance coverages
When selecting your policy, there really is not a cookie cutter policy. Everyone’s situation is a little different.
These are some specific questions can help discover whether you might need an agent’s assistance.
- When would I need additional glass coverage?
- Can I drive in Mexico and have coverage?
- Can I afford to pay high deductible claims out of pocket?
- When should I remove my kid from my policy?
- Am I getting all the discounts available?
- Who is covered by my policy?
- Is a fancy paint job covered?
If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and you can get the answers you need.
You can find cheaper coverage
We covered a lot of information how to reduce BMW M6 insurance prices online in Chandler. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. Consumers may even find the lowest prices come from a small mutual company.
Cheaper insurance in Chandler can be bought both online as well as from insurance agents, so you should compare both to get a complete price analysis. Some insurance companies may not provide rate quotes online and many times these smaller companies work with local independent agencies.
When getting Chandler auto insurance quotes online, you should never reduce coverage to reduce premium. There have been many situations where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. The aim is to purchase plenty of coverage at the lowest possible cost but still have enough coverage for asset protection.
Steps to finding more affordable BMW M6 insurance in Chandler
If your goal is the lowest price, then the best way to find low-cost prices for auto insurance rates in Chandler is to regularly compare quotes from different companies in Arizona.
- Spend some time learning about the coverage provided by your policy and the modifications you can make to lower rates. Many rating factors that increase rates such as traffic tickets, fender benders, and a low credit rating can be remedied by making minor driving habit or lifestyle changes.
- Compare prices from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive and State Farm, while independent agents can provide price quotes for a wide range of companies. View prices
- Compare the new rates to your current policy premium and determine if cheaper M6 coverage is available in Chandler. If you find a lower rate and change companies, make sure coverage is continuous and does not lapse.
- Give notification to your current company of your intent to cancel your current auto insurance policy. Submit a down payment and signed policy application to the new company. As soon as you receive it, put the proof of insurance certificate in your vehicle.
The key aspect of shopping around is to try to use the same physical damage deductibles and liability limits on each price quote and and to get quotes from as many different companies as possible. Doing this ensures a fair price comparison and the best price selection.
More information is available on the following sites:
- Side Impact Crash Tests (iihs.org)
- Who Has Cheap Chandler Car Insurance Quotes for Drivers Over Age 50? (FAQ)
- Who Has Affordable Auto Insurance Rates for State Employees in Chandler? (FAQ)
- What Auto Insurance is Cheapest for a Toyota Corolla in Chandler? (FAQ)
- What Insurance is Cheapest for 19 Year Olds in Chandler? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Jeep Wrangler in Chandler? (FAQ)
- Cellphones, Texting and Driving (iihs.org)
- What if I Can’t Find Coverage? (Insurance Information Institute)
- How to Avoid Staged Accidents (State Farm)
- Credit and Insurance Scores (Insurance Information Institute)