Auto Insurance Quotes for a BMW X5 in Chandler

Insurance quote for BMW X5 in ChandlerThe recommended way to get budget BMW X5 insurance is to do a yearly price comparison from different companies in Chandler. You can compare rates by completing these steps.

Step 1: Try to learn a little about what is in your policy and the changes you can make to keep rates in check. Many rating criteria that result in higher prices like speeding tickets, careless driving and a lousy credit rating can be improved by being financially responsible and driving safely.

Step 2: Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like GEICO and State Farm, while independent agencies can provide rate quotes from multiple companies. View prices

Step 3: Compare the quotes to your current policy premium to see if a cheaper rate is available. If you can save some money and switch companies, verify that coverage does not lapse between policies.

A good tip to remember is to make sure you’re comparing the same liability limits and deductibles on every price quote and and to look at as many carriers as you can. This provides a fair rate comparison and the best price quote selection.

A recent study revealed that about 70% of customers have bought insurance from the same company for over three years, and approximately 40% of consumers have never taken the time to shop around. The average driver in Arizona can save $733 each year by just shopping around, but they just don’t understand how easy it is to save money by comparing rate quotes.

Best BMW X5 insurance price quotes in Arizona

The companies in the list below are ready to provide quotes in Arizona. If your goal is to find cheap auto insurance in Chandler, we recommend you click on several of them to get the best price comparison.

Rates and statistics

The premium information shown next showcases different coverage prices for BMW X5 models. Having a better understanding of how car insurance premiums are determined can be valuable when making informed decisions when comparing rate quotes.

BMW X5 Insurance Rates in Chandler, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X5 3.0I AWD $204 $382 $338 $20 $102 $1,046 $87
X5 3.5D AWD $224 $440 $338 $20 $102 $1,124 $94
X5 4.8I AWD $224 $440 $338 $20 $102 $1,124 $94
X5 M AWD $266 $556 $338 $20 $102 $1,282 $107
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Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate quotes do not factor in zip code location which can decrease or increase price quotes greatly.

Deductible comparison

The hardest decision when buying coverage is where to set your physical damage deductibles. The tables below determine how much more you’ll pay between high and low policy deductibles. The first price estimate table uses a $100 physical damage deductible and the second price chart uses a $500 deductible.

BMW X5 insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X5 3.0I AWD $324 $548 $300 $18 $90 $1,305 $109
X5 3.5D AWD $358 $632 $300 $18 $90 $1,423 $119
X5 4.8I AWD $358 $632 $300 $18 $90 $1,423 $119
X5 M AWD $424 $798 $300 $18 $90 $1,655 $138
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BMW X5 insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X5 3.0I AWD $236 $370 $300 $18 $90 $1,014 $85
X5 3.5D AWD $262 $428 $300 $18 $90 $1,098 $92
X5 4.8I AWD $262 $428 $300 $18 $90 $1,098 $92
X5 M AWD $310 $540 $300 $18 $90 $1,258 $105
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rate information does not factor in specific zip code location which can change coverage rates noticeably.

Using the premium rates above, we can conclude that using a $100 deductible costs about $27 more each month or $324 each year averaged for all X5 models than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 15 months between claims, you would most likely save money if you elect the higher deductible.

How to calculate if a higher deductible is a good decision

Average monthly premium for $100 deductibles: $121
Average monthly premium for $500 deductibles (subtract): – $94
Monthly savings from raising deductible: $27
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $27
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

An important sidenote is that higher deductibles means you pay more out-of-pocket when you do file a claim. That will require enough money in the bank in the event you have to pay the deductible.

The diagram below highlights how deductible selection and can influence BMW X5 yearly insurance costs for different insured age categories. Data assumes a married female driver, full physical damage coverage, and no discounts are applied.

Irresponsible driving raises your rates

The information below highlights how traffic violations and at-fault collisions raise BMW X5 insurance rates for each age group. Data assumes a married male driver, comp and collision included, $250 deductibles, and no discounts are applied.

Gender-based car insurance rates in Chandler

The diagram below compares BMW X5 car insurance rates for male and female drivers. The premiums assume a clean driving record, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, drivers are not married, and no discounts are factored in.

Comparison of full coverage and liability-only policies

The example below shows the difference between BMW X5 auto insurance rates with and without full coverage. The rate quotes are based on no driving violations, no at-fault accidents, $250 deductibles, drivers are single, and no discounts are factored in.

Are you wasting money paying for full coverage?

There is no clear-cut rule to eliminate full coverage, but there is a general convention. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.

For example, let’s assume your BMW X5 claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company would pay you is $5,000 after the deductible is paid. If it’s costing you more than $500 annually for full coverage, then you may need to consider dropping full coverage.

There are some circumstances where eliminating full coverage is not a good idea. If you haven’t satisfied your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not remove full coverage.

You may qualify for discounts for BMW X5 insurance in Chandler

Insurance is not cheap nor is it fun to buy but there may be some discounts that may help make it more affordable. Some discounts apply automatically when you complete an application, but a few must be requested specifically before they will apply.

A quick disclaimer, most discounts do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears you can get free auto insurance, you aren’t that lucky.

The information below illustrates the difference between BMW X5 insurance premiums with and without discounts applied to the rates. The premiums are based on a male driver, no claims, a clean driving record, Arizona state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, claim-free, safe-driver, and multi-policy discounts applied.

If you would like to see a list of insurance companies with discount insurance rates in Chandler, click here to view.

You are unique and your insurance should be too

When quoting and choosing the right insurance coverage, there really isn’t a perfect coverage plan. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that can help discover whether your personal situation could use an agent’s help.

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.

Exclusive or independent car insurance agents

Certain consumers would prefer to get professional advice from a licensed agent and that is recommended in a lot of cases Good insurance agents will help you protect your assets and help submit paperwork. One of the great benefits of comparing rate quotes online is you may find lower auto insurance rates and also buy local. Buying from local agents is important especially in Chandler.

Insurance agents in ChandlerTo find an agent, once you fill out this quick form, the coverage information is immediately sent to companies in Chandler who will give competitive quotes and help you find cheaper coverage. It’s much easier because you don’t need to search for any insurance agencies as quotes are delivered immediately to you. If you wish to get a rate quote from a specific insurance company, don’t hesitate to navigate to their website and fill out their quote form.

How to choose the best car insurance agent in Chandler

If you prefer to buy car insurance from a reliable insurance agency, you need to know there are two types of agencies and how they differ in how they quote coverages. Agencies in Chandler may be either exclusive or independent agents depending on their company appointments. Either type can properly insure your vehicles, but we need to point out how they differ because it can factor into the type of agent you choose.

Independent Car Insurance Agents

Independent agents do not sell for just one brand and that enables them to quote your coverage through lots of different companies and find the cheapest car insurance rates. If your agent finds better pricing, they simply move your policy to a different company and you can keep the same agent. If you need lower rates, you will want to get several quotes from independent agents to have the best price comparison.

Listed below is a partial list of independent insurance agencies in Chandler who can help you get pricing information.

4221 E Chandler Blvd # 119Phoenix, AZ 85048(480) 759-1970View Map

2500 N Alma School RdChandler, AZ 85224(480) 855-7000View Map

369 S Arizona AveChandler, AZ 85225(480) 821-3772View Map

More insurance agents

Exclusive Agencies

Exclusive insurance agents can only provide pricing for a single company and some examples include State Farm, AAA, and Liberty Mutual. Exclusive agents cannot place coverage with different providers so they are skilled at selling on more than just price. Exclusive agencies are trained well on sales techniques and that can be a competitive advantage.

Shown below are exclusive agents in Chandler who can help you get comparison quotes.

3165 S Alma School Rd Ste 27Chandler, AZ 85248(480) 855-0665View Map

565 W Chandler Blvd Ste 218Chandler, AZ 85225(480) 821-2763View Map

1820 E Ray Rd a213Chandler, AZ 85225(480) 820-2797View Map

More insurance agents

Deciding on an auto insurance agent should include more criteria than just a cheap quote. Here are some questions you might want to ask.

Best car insurance in Arizona

Picking a highly-rated auto insurance provider can be a challenge considering how many companies there are to choose from in Arizona. The information listed below may help you analyze which insurers you want to consider purchasing a policy from.

Top 10 Chandler Car Insurance Companies Ranked by Customer Satisfaction

  1. Titan Insurance – 95%
  2. USAA – 94%
  3. AAA Insurance – 91%
  4. State Farm – 90%
  5. Nationwide – 90%
  6. The Hartford – 89%
  7. GEICO – 89%
  8. The General – 88%
  9. 21st Century – 88%
  10. Liberty Mutual – 88%

Keep this in mind when shopping around

Budget-conscious BMW X5 insurance is available from both online companies in addition to local insurance agencies, and you need to comparison shop both to have the best rate selection. Some companies do not offer rates over the internet and most of the time these smaller companies provide coverage only through local independent agents.

We’ve covered some good ideas how to lower your BMW X5 insurance prices in Chandler. The most important thing to understand is the more providers you compare, the higher your chance of finding inexpensive Chandler auto insurance quotes. Consumers may even find the most savings is with a smaller regional carrier. They may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

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