Want to know an easy way to compare lower-priced BMW 328i insurance in Boston? Feeling guilty for buying an overpriced auto insurance policy? You’re in good company because many consumers are feeling buyer’s remorse and feel like there’s no way out.
Amazingly, almost 70% of insureds have stayed with the same insurance company for more than four years, and approximately 38% of consumers have never even shopped around for cheap coverage. Many drivers in Massachusetts could save up to 45% every year by just comparing quotes, but they don’t want to take the time to compare rate quotes online.
Steps to finding affordable BMW 328i insurance in Boston
If you want to save money, the best way to find better pricing on car insurance rates in Boston is to make a habit of regularly comparing prices from companies who can sell car insurance in Massachusetts. Rates can be compared by completing these steps.
First, get a basic knowledge of what is in your policy and the steps you can take to prevent rate increases. Many policy risk factors that drive up the price like accidents, traffic violations, and a less-than-favorable credit rating can be eliminated by making minor driving habit or lifestyle changes. Keep reading for ideas to prevent high rates and get additional discounts.
Second, request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like GEICO or State Farm, while independent agencies can provide price quotes from multiple companies.
Third, compare the new rate quotes to your current policy premium to see if a cheaper rate is available. If you find a better price, ensure coverage does not lapse between policies.
One piece of advice is that you use identical coverages on every quote request and and to get price quotes from every company you can. Doing this provides the most accurate price comparison and a thorough price selection.
Numerous car insurance companies battle for your business, so it can be very hard to choose a insurer to find the absolute lowest cost out there.
If you have a policy now or want to find a cheaper company, use these cost-cutting techniques to find the best rates and possibly find even better coverage. Finding affordable insurance coverage in Boston is really quite simple as long as you have a good starting point. Drivers just have to know the most time-saving way to compare rate quotes online from multiple companies.
Best companies for cheap BMW 328i insurance in Massachusetts
The companies shown below provide free quotes in Massachusetts. If you wish to find the best auto insurance in Boston, we suggest you visit two to three different companies to get the most competitive price.
Premium rates and analysis
The table shown below showcases a range of coverage costs for BMW 328i models. Learning as much as possible about how premiums are determined can help customers make informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 328I 4-Dr Sedan | $200 | $396 | $452 | $26 | $136 | $1,210 | $101 |
| 328I 4-Dr Sedan | $200 | $396 | $452 | $26 | $136 | $1,210 | $101 |
| 328I Station Wagon | $222 | $456 | $384 | $22 | $114 | $1,198 | $100 |
| 328I 2-Dr Coupe | $222 | $456 | $384 | $22 | $114 | $1,198 | $100 |
| 328I 2-Dr Coupe | $222 | $456 | $384 | $22 | $114 | $1,198 | $100 |
| 328I xDrive 4-Dr Sedan | $222 | $456 | $452 | $26 | $136 | $1,292 | $108 |
| 328I xDrive 4-Dr Sedan | $222 | $456 | $452 | $26 | $136 | $1,292 | $108 |
| 328I 2-Dr Convertible | $222 | $456 | $452 | $26 | $136 | $1,292 | $108 |
| 328I 2-Dr Convertible | $222 | $456 | $452 | $26 | $136 | $1,292 | $108 |
| 328I 2-Dr Coupe | $222 | $456 | $384 | $22 | $114 | $1,198 | $100 |
| 328I xDrive 2-Dr Coupe | $222 | $456 | $384 | $22 | $114 | $1,198 | $100 |
| 328I xDrive Station Wagon | $222 | $456 | $384 | $22 | $114 | $1,198 | $100 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rate information does not factor in specific location information which can revise auto insurance rates considerably.
Should you raise deductibles?
When shopping for car insurance, a common question is how high should the deductibles for physical damage be. The rates below lay out the cost difference between low and high deductibles. The first rate comparisons uses a $250 deductible for comprehensive and collision coverage and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 328I 4-Dr Sedan | $292 | $512 | $334 | $20 | $100 | $1,283 | $107 |
| 328I 4-Dr Sedan | $292 | $512 | $334 | $20 | $100 | $1,283 | $107 |
| 328I Station Wagon | $324 | $590 | $284 | $16 | $86 | $1,325 | $110 |
| 328I 2-Dr Coupe | $324 | $590 | $284 | $16 | $86 | $1,325 | $110 |
| 328I 2-Dr Coupe | $324 | $590 | $284 | $16 | $86 | $1,325 | $110 |
| 328I xDrive 4-Dr Sedan | $324 | $590 | $334 | $20 | $100 | $1,393 | $116 |
| 328I xDrive 4-Dr Sedan | $324 | $590 | $334 | $20 | $100 | $1,393 | $116 |
| 328I 2-Dr Convertible | $324 | $590 | $334 | $20 | $100 | $1,393 | $116 |
| 328I 2-Dr Convertible | $324 | $590 | $334 | $20 | $100 | $1,393 | $116 |
| 328I 2-Dr Coupe | $324 | $590 | $284 | $16 | $86 | $1,325 | $110 |
| 328I xDrive 2-Dr Coupe | $324 | $590 | $284 | $16 | $86 | $1,325 | $110 |
| 328I xDrive Station Wagon | $324 | $590 | $284 | $16 | $86 | $1,325 | $110 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 328I 4-Dr Sedan | $236 | $414 | $334 | $20 | $100 | $1,104 | $92 |
| 328I 4-Dr Sedan | $236 | $414 | $334 | $20 | $100 | $1,104 | $92 |
| 328I Station Wagon | $264 | $476 | $284 | $16 | $86 | $1,126 | $94 |
| 328I 2-Dr Coupe | $264 | $476 | $284 | $16 | $86 | $1,126 | $94 |
| 328I 2-Dr Coupe | $264 | $476 | $284 | $16 | $86 | $1,126 | $94 |
| 328I xDrive 4-Dr Sedan | $264 | $476 | $334 | $20 | $100 | $1,194 | $100 |
| 328I xDrive 4-Dr Sedan | $264 | $476 | $334 | $20 | $100 | $1,194 | $100 |
| 328I 2-Dr Convertible | $264 | $476 | $334 | $20 | $100 | $1,194 | $100 |
| 328I 2-Dr Convertible | $264 | $476 | $334 | $20 | $100 | $1,194 | $100 |
| 328I 2-Dr Coupe | $264 | $476 | $284 | $16 | $86 | $1,126 | $94 |
| 328I xDrive 2-Dr Coupe | $264 | $476 | $284 | $16 | $86 | $1,126 | $94 |
| 328I xDrive Station Wagon | $264 | $476 | $284 | $16 | $86 | $1,126 | $94 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in specific location which can impact auto insurance rates substantially.
Based on the data above, we can derive that using a $250 deductible costs approximately $16 more each month or $192 for a full year than requesting the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you go at least 16 months between claims, you would come out ahead if you decide on a higher deductible.
Violations and accidents raise rates
The example below demonstrates how citations and at-fault accidents can increase BMW 328i car insurance rates for each age group. The rate quotes are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied.
Full coverage versus liability-only
The illustration below compares BMW 328i insurance premiums with full coverage compared to only the Massachusetts minimum liability coverage. Data assumes no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no policy discounts are applied.
Should you pay for full coverage?
There isn’t a written rule to delete full coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.
For example, let’s say your BMW 328i replacement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $8,000 after the policy deductible has been paid. If premium cost is more than $800 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are some circumstances where removing full coverage is not financially feasible. If you still have a lienholder on your title, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Why Informed Drivers Pay Less for BMW 328i Insurance
Lots of factors are taken into consideration when pricing auto insurance. A few of the factors are predictable like your driving record, but other criteria are less apparent such as whether you are married or your financial responsibility. One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that play a part in calculating your policy premiums. If you understand what determines premiums, this empowers consumers to make smart changes that may result in big savings.
- Don’t skimp on liability protection – Liability insurance is the coverage that protects you if you are ruled to be at fault for an accident. It provides legal defense coverage to defend your case. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
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More performance means higher premiums – The make and model of the vehicle you are buying insurance for makes a substantial difference in your auto insurance rates. Low performance passenger vehicles usually have the lowest premiums, but the cost you end up paying is determined by many additional factors.
The chart below is based on a single male driver age 50, full coverage with $100 deductibles, and no discounts or violations. The chart compares BMW 328i rates compared to other models of vehicles that have a range of risk factors.
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Driver age impacts rates – Youthful drivers in Massachusetts tend to be less responsible in a vehicle therefore auto insurance rates are much higher. Adding a youthful driver onto your auto insurance can be very expensive. Older, more experienced drivers have been proven to be more responsible, are lower risk to insure, and usually have better credit.
The chart below is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.
- Drivers with responsible credit save on auto insurance – Having a bad credit score factor in calculating your premium rate. People that have very high credit ratings tend to be better drivers and file fewer claims than drivers who have poor credit. So if your credit rating could use some work, you could be paying less to insure your BMW 328i by improving your credit score.
- Cars with good safety ratings are cheaper to insure – Cars with high safety ratings tend to have lower insurance rates. The safest vehicles protect occupants better and any reduction in injury severity means your insurance company pays less which can result in lower premiums.
Do you qualify for discounts on BMW 328i insurance in Boston?
Not too many consumers would say auto insurance is affordable, but you may find discounts to reduce the price significantly. Certain discounts will be applied when you complete an application, but occasionally some discounts must be requested specifically prior to getting the savings.
- Own a Home and Save – Simply owning a home can save a few bucks because owning a home requires a higher level of personal finance.
- Good Drivers – Insureds without accidents can get discounts for up to 45% lower rates than drivers with accidents.
- Professional Memberships – Affiliation with qualifying employment or professional organizations could trigger savings when shopping for auto insurance.
- Onboard Data Collection – Insureds that choose to allow driving data submission to monitor driving habits by using a telematics device in their vehicle such as Progressive’s Snapshot could save a few bucks if they show good driving skills.
- Multiple Policy Discount – When you combine your auto and home insurance with the same company you will save up to 20% and get you cheaper 328i insurance.
- Sign Online – A few companies may give you up to $50 simply for signing on the web.
- Government Employee Discount – Employees or retirees of the government may reduce rates when you quote Boston auto insurance depending on your company.
- Distant Student Discount – College-age children who are enrolled in a college that is more than 100 miles from Boston and don’t have a car can be insured at a reduced rate.
- Anti-lock Brake System – Cars that have steering control and anti-lock brakes can reduce accidents so you can save 10 percent or more.
One last thing about discounts, some of the credits will not apply to the entire cost. Most only apply to specific coverage prices like liability and collision coverage. So even though you would think adding up those discounts means a free policy, it’s just not the way it works.
The illustration below compares BMW 328i insurance costs with and without policy discounts. The rate quotes are based on a male driver, no violations or claims, Massachusetts state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, safe-driver, marriage, and homeowner discounts applied.
Companies and a summarized list of policyholder discounts can be found below.
- The Hartford discounts include anti-theft, bundle, good student, air bag, and driver training.
- American Family policyholders can earn discounts including defensive driver, mySafetyValet, early bird, TimeAway discount, and accident-free.
- Progressive offers discounts for online quote discount, online signing, multi-policy, continuous coverage, multi-vehicle, homeowner, and good student.
- Travelers offers premium reductions for multi-policy, new car, payment discounts, early quote, continuous insurance, and home ownership.
- Farmers Insurance may offer discounts for business and professional, alternative fuel, electronic funds transfer, mature driver, pay in full, and switch companies.
- USAA has savings for safe driver, defensive driver, vehicle storage, new vehicle, and multi-vehicle.
- Liberty Mutual may include discounts for preferred payment discount, multi-policy, safety features, teen driver discount, and newly retired.
If you want the cheapest BMW 328i rate quotes, ask every prospective company what discounts are available to you. Some discounts might not be offered on policies in your state. To find insurance companies that offer the discounts shown above in Massachusetts, click here.
Buying car insurance from Boston insurance agencies
A small number of people just want to get advice from a local agent and doing so can bring peace of mind Good agents are very good at helping people manage risk and give you someone to call. The best thing about getting online price quotes is you may find lower premium rates and still have a local agent. Buying from and supporting local insurance agencies is especially important in Boston.
By using this simple form, your insurance coverage information is emailed to agents in your area that give free quotes for your business. You don’t have to search for an agent since rate quotes are delivered immediately to you. If you want to get a rate quote from a particular provider, don’t hesitate to find their quoting web page and give them your coverage information.
Listed below is a short list of insurers in Boston that are able to give price quote information for BMW 328i insurance in Boston.
Alan J Ross Insurance Agency Inc
225 Franklin St – Boston, MA 02110 – (617) 449-9413 – View Map
Richard Soohoo Insurance
1148 Washington St – Boston, MA 02118 – (617) 338-8168 – View Map
Boyd Insurance Agency
296 Bennington St – Boston, MA 02128 – (617) 567-5710 – View Map
T. A. Holland and Co. Insurance Agency LLC
7, 60 State St – Boston, MA 02109 – (617) 523-2828 – View Map
Finding a good provider should include more criteria than just the quoted price. Here are some questions you might want to ask.
- Do they have designations such as AIC, CPCU, or CIC?
- What company holds the largest book of business for them?
- How much can you save by raising your physical damage deductibles?
- Will a damage claim use OEM or aftermarket replacement parts?
- How long have they been in business?
- Is the quote a firm price?
- Is the agent properly licensed in Massachusetts?
Massachusetts auto insurance companies
Insuring your vehicle with a good quality auto insurance provider can be a challenge considering how many choices there are in Boston. The ranking information displayed below can help you analyze which auto insurance companies to look at comparing rate quotes with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| The General | 96 | 100 | 92 | 91% | A- | 95 |
| Mercury Insurance | 87 | 96 | 100 | 87% | A+ | 93.4 |
| Titan Insurance | 87 | 96 | 94 | 93% | A+ | 92.9 |
| The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
| Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
| Travelers | 84 | 93 | 100 | 87% | A++ | 92.3 |
| State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
| Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
| Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
| USAA | 71 | 93 | 98 | 87% | A++ | 88 |
| GEICO | 73 | 93 | 95 | 85% | A++ | 87.1 |
| 21st Century | 85 | 85 | 91 | 89% | A | 86.9 |
| Liberty Mutual | 72 | 91 | 97 | 83% | A | 86.4 |
| AAA Insurance | 85 | 85 | 88 | 86% | A | 85.8 |
| Nationwide | 71 | 90 | 93 | 83% | A+ | 84.9 |
| Allstate | 69 | 92 | 92 | 83% | A+ | 84.4 |
| American Family | 77 | 96 | 80 | 85% | A | 83.8 |
| Esurance | 70 | 80 | 89 | 77% | A+ | 79.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Car insurance can get complicated
When selecting proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s situation is unique.
Here are some questions about coverages that could help you determine if your insurance needs will benefit from professional help.
- Am I covered if I wreck a rental car?
- Does coverage follow the driver or the vehicle?
- What is motorclub and do I need it?
- Do I benefit by insuring my home with the same company?
- Should I file a claim if it’s only slightly more than my deductible?
- Do I need replacement cost coverage on my BMW 328i?
- Do I really need UM/UIM coverage?
If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form. It is quick, free and can provide invaluable advice.
Insurance savings summarized
We’ve covered many ideas to find cheaper BMW 328i insurance in Boston. It’s most important to understand that the more times you quote, the better chance you’ll have of finding affordable BMW 328i insurance quotes. Consumers may even find the best prices are with a company that doesn’t do a lot of advertising.
Some companies may not provide rates over the internet and usually these smaller providers work with local independent agencies. Affordable BMW 328i insurance in Boston is definitely available on the web and from local agencies, and you should compare price quotes from both to have the best rate selection.
When trying to cut insurance costs, you should never reduce needed coverages to save money. There have been many situations where drivers have reduced comprehensive coverage or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your focus should be to find the BEST coverage at the best possible price but still have enough coverage for asset protection.
How to find the cheapest rates for BMW 328i insurance in Boston
If you want to save the most money, the best way to get budget BMW 328i insurance is to compare quotes annually from insurers in Boston. Rate comparisons can be done by following these steps.
- Try to comprehend what is in your policy and the things you can control to keep rates low. Many risk factors that drive up the price like getting speeding tickets and bad credit can be eliminated by making minor changes to your lifestyle.
- Compare rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from a single company like GEICO or Allstate, while agents who are independent can give you price quotes from many different companies. Compare rates
- Compare the new quotes to your existing rates to see if cheaper 328i coverage is available in Boston. If you can save money and switch companies, make sure there is no coverage gap between policies.
- Provide notification to your current company of your decision to cancel your current coverage. Submit the required down payment along with the signed application to the new insurer. Immediately place your new certificate verifying coverage somewhere easily accessible.
A good tip to remember is that you’ll want to make sure you compare identical limits and deductibles on every quote request and and to get price estimates from as many companies as feasibly possible. Doing this helps ensure a fair price comparison and a complete rate analysis.
To read more, take a look at these articles:
- Prom Night Tips for Teen Drivers (State Farm)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Distracted Driving (Insurance Information Institute)
- Collision Coverage (Liberty Mutual)
- Older Drivers FAQ (iihs.org)