BMW 3 Series car insurance
Find out how much would it cost to insure a BMW 3 Series, and how can I save on my premiums.
If you’re familiar with BMW, you’re almost certainly familiar with the BMW 3 Series. Originally marketed as a range of sedan cars, the 3 Series has since expanded to include a wide range of models including hatchbacks, convertibles, and station wagons.
Find out just how much it costs to insure a 3 Series model and, how to keep your premiums low.
Average insurance rates for a BMW 3 Series model
To give you an indication about how much it would cost to insure your BMW 3 Series, we ran several quotes in order to obtain an average figure. Our results estimated that you could, on average, insure your BMW 3 Series with comprehensive cover for monthly payments of £135.46 or an annual sum of £1,181.97.
How can I save on my car insurance?
If you like to save (and who doesn’t?), you’re in luck. Below we’ve collected some of the top factors that affect your insurance rate – and how you can save money!
- Annual payments. Have you considered paying for your insurance annually rather than monthly? In the case of 3 Series models, this move would save you £443.61 every year.
- Personal information. While not something that is particularly easy to adjust, insurers take a driver’s personal situation into account when offering a policy. This includes age, sex, geographical location, and marital status. In simple terms, insurance companies like stability – and they’ll reward it with lower premiums.
- Modifications. Modifications are a tricky business when it comes to car insurance. Insurers generally punish you for any add-ons designed to make the car faster with higher premiums (deeming you as a more at-risk driver). Investment in add-ons designed to compliment the car’s safety and security features, however, for instance tracking technology, are generally rewarded with lower premiums as these reduce risk for insurers.
- Transmission. Have you considered that the transmission of your car might be affecting your insurance rate? Our research indicates that you’d need to pay an extra £93.17 in an annual instalment if you opt for the automatic model, as opposed to the manual 3 Series. If you pay monthly this discrepancy is even greater – you’d be set back £102.09 every year purely because of the transmission you’ve picked!
- Credit History. Insurers will likely reward drivers with better credit histories and longer periods of no claims and no convictions.
Facts about the BMW 3 Series
- Collectively, the models in the BMW 3 Series represent the best-selling model offered by BMW. They comprised approximately 3/10 of the sales achieved by BMW in 2010.
- In 2017, BMW reported sales of 129.053 3 Series models in Europe.
Safety and security in the BMW 3 Series
There are several models of different types within the BMW 3 Series range, but an aggregated test by the ‘gold standard’ Euro NCAP in 2012 rewarded the series a perfect five-star rating for safety.
BMW offers the typical safety features as standard, including multiple airbags, electronic cruise control, and anti-lock braking. There are also a number of extra features you can add to the vehicle, including automatic low-speed braking technology and lane departure software, that warns the driver if they begin to the drift between lanes. Ask your insurer what extra safety and security features you can add in return for lower premiums.
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