Having to pay for pricey insurance in Atlanta can dwindle your family's budget and make it tough to pay other bills. Comparison shopping is a smart way to lower your monthly bill.
Amazingly, a recent NerdWallet.com study showed that the majority of drivers kept buying from the same company for more than four years, and just under half have never shopped around. Many drivers in Atlanta could save themselves roughly 60% a year by just comparing rate quotes, but they feel it's too difficult to find cheaper insurance by shopping around.
Multiple auto insurance companies compete for your hard-earned dollar, so it's not easy to compare every insurer to get the lowest cost out there.
Best companies for BMW Z4 insurance
The following companies are our best choices to provide free quotes in Atlanta, GA. If several companies are displayed, we suggest you compare several of them to find the lowest auto insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Z4 3.0I SDRIVE 2-Dr Roadster||$354||$560||$438||$26||$132||$1,510||$126|
|Z4 3.5I SDRIVE 2-Dr Roadster||$240||$466||$314||$18||$94||$1,132||$94|
|Get Your Own Custom Quote Go|
Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Rate information does not factor in specific location information which can increase or decrease prices considerably.
Tickets and at-fault accidents raise rates
The information below shows how speeding tickets and at-fault claims increase BMW Z4 premium costs for different ages of insureds. The costs are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
What Determines BMW Z4 Insurance Premiums?
Multiple criteria are used in the calculation when you get your auto insurance bill. Some are pretty understandable such as traffic violations, but other criteria are less apparent such as your credit history or how safe your car is.
The itemized list below are some of the things utilized by car insurance companies to help set prices.
Does auto insurance cost more for guys? - Over time, data shows that men are more aggressive behind the wheel. However, this does not mean women are better drivers. They both are in accidents in similar numbers, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get cited for more serious violations like DWI (DUI) or reckless driving.
Cheaper rates by combining - Most insurance companies give discounts to insureds who carry more than one policy, otherwise known as a multi-policy discount. The amount of the discounts can be as much as ten percent or more Even with this discount applied, it's always a smart idea to shop around to help ensure you have the lowest rates. You may still save money by buying insurance from more than one company.
Safer vehicles are cheaper to insure - Vehicles with good safety scores get lower rates. The safest vehicles protect occupants better and fewer serious injuries translates into fewer and smaller insurance claims and cheaper rates on your policy.
Lower performance equals lower insurance prices - The type of vehicle you need to insure makes a significant difference in how high your rates are. Because the BMW Z4 is a luxury sports car, insuring your vehicle will cost up to twice as much when compared to the average rates in Atlanta. Lower cost passenger models generally have the cheapest insurance rates, but the final cost of insurance is determined by many other factors.
Getting married can lower rates - Having a wife or husband may save some money when buying car insurance. It may mean you are more responsible it has been statistically shown that married drivers get in fewer accidents.
Prices can be impacted by your occupation - Occupations such as judges, architects and emergency personnel tend to pay the highest rates due to job stress and incredibly demanding work hours. On the other hand, careers like actors, historians and homemakers pay lower than average rates.
Where you reside - Being located in areas with lower population is a good thing when it comes to car insurance. Lower population means fewer accidents. Drivers in populated Georgia areas have more auto accidents and much longer commute distances. More time commuting statistically corresponds to a higher accident and claim rate.
Insurance losses for a BMW Z4 - Insurance companies analyze past claim statistics to help calculate premium prices. Vehicles that tend to have high amounts or severity of claims will have a higher premium rate. The next table illustrates the historical insurance loss data for BMW Z4 vehicles.
For each coverage category, the statistical loss for all vehicles, as an average, is represented as 100. Numbers that are below 100 suggest losses that are better than average, while values over 100 show a trend for more claims or larger claims.
BMW Z4 Insurance Loss Statistics
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|BMW Z4 Convertible||131||67||78|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Save with these rate reducing discounts
Properly insuring your vehicles can get expensive, but discounts can save money and there are some available to reduce the price significantly. Many discounts should be triggered when you quote, but some may not be applied and must be inquired about before being credited.
- Club Memberships - Joining a civic or occupational organization in Atlanta can get you a small discount when getting a Atlanta auto insurance quote.
- Paperwork-free - Some of the larger companies will give a small break just for signing your application on the internet.
- Fewer Miles Equal More Savings - Driving less may enable drivers to earn substantially lower premium rates.
- Save with More Vehicles Insured - Drivers who insure all your vehicles on one policy may reduce the rate for each vehicle.
- No Claims - Drivers who don't have accidents are rewarded with significantly better rates on Atlanta auto insurance quote compared to accident-prone drivers.
- 55 and Retired - If you qualify as a senior citizen, you are able to get lower premium rates.
- Defensive Driver Discount - Passing a course that instructs on driving safety is a good idea and can lower rates and also improve your driving technique.
Keep in mind that some credits don't apply to your bottom line cost. Most cut specific coverage prices like medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, company stockholders wouldn't be very happy.
A few companies that may have most of the discounts above possibly include:
It's a good idea to ask each company to give you their best rates. Depending on the company, some discounts might not apply in Atlanta. To see a list of insurance companies that offer many of these discounts in Georgia, click here to view.
Car insurance quotes from local Atlanta insurance agencies
Some people just prefer to get advice from a local agent and that is a personal choice. One of the best bonuses of getting free rate quotes online is you can get cheap car insurance quotes and still choose a local agent.
After filling out this quick form, your coverage information is transmitted to local insurance agents in Atlanta who can give free rate quotes and help you find cheaper coverage. It simplifies rate comparisons since you won't have to find an agent because quoted prices will be sent straight to your inbox. It's the lowest rates without requiring a lot of work. If you need to get a comparison quote from a specific company, you can always search and find their rate quote page and fill out their quote form.
Picking the best provider should include more criteria than just a cheap price quote. Agents should be asked these questions:
- If they are an independent agency in Atlanta, which companies do they recommend?
- Do they have designations such as AIC, CPCU, or CIC?
- What company holds the largest book of business for them?
- How often do they review coverages?
- Do they reduce claim amounts on high mileage vehicles?
Different types of car insurance agents in Atlanta
When looking for a local agent, you should know the types of agencies and how they function. Insurance agencies in Atlanta are classified as either independent agents or exclusive agents.
Exclusive Car Insurance Agencies
These agents can usually just insure with one company and some examples include Allstate, Farmers Insurance or State Farm. These agents are unable to compare rates from other companies so keep that in mind. They receive extensive training on sales techniques which helps them sell on service rather than price.
The following is a short list of exclusive insurance agencies in Atlanta who may provide you with price quote information.
Independent Agencies or Brokers
These type of agents often have affiliation with several companies so they can write business through many companies and find you cheaper rates. If you want to switch companies, the agent simply finds a different carrier without you having to go to a different agency.
When comparing car insurance rates, we recommend you check rates from at a minimum one independent agency to get the best comparison.
The following are independent agents in Atlanta that can give you rate quotes.
Gibb Insurance Agency
991 Cascade Rd SW - Atlanta, GA 30311 - (404) 758-3511 - View Map
InsuranceHub | Nationwide Insurance | Atlanta Office
1830 Water Pl #105 - Atlanta, GA 30339 - (404) 892-2864 - View Map
Does insurance advertising bend the truth?
Well-known insurance companies like State Farm, Allstate and GEICO continually stream ads on TV and radio. They all advertise the message that you can save if you move your coverage. How does every company make the same claim? This is the trick they use.
Most companies quote the lowest rates for the right customer that will most likely be profitable. A good example of this type of risk profile might be described as between the ages of 30 and 50, has few claims, and drives less than 10,000 miles a year. A driver that fits those parameters will get the preferred rates in Atlanta and will also save quite a bit of money when switching.
People who are not a match for these stringent criteria will be charged higher prices which translates to business not being written. If you pay attention, the ads say "customers that switch" not "everybody who quotes" save that much money. This is how companies can lure you into getting a quote. That is why you absolutely need to compare price quotes frequently. Because without a comparison, you cannot know the company that will fit your personal profile best.
Don't assume everyone needs the same insurance coverage
Always keep in mind that when comparing coverage online or from an agent for your personal vehicles, there really isn't a "best" method to buy coverage. Every insured's situation is different and your insurance should unique, too. For example, these questions can aid in determining whether your personal situation will benefit from professional help.
- Can good grades get a discount?
- Are there any extra discounts I can get?
- Does low annual mileage earn a discount?
- Should I buy more coverage than the required Georgia minimum liability coverage?
- Is upholstery damage covered by car insurance?
- How do I insure my teen driver?
If it's difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you don't have a local agent, simply complete this short form or click here for a list of insurance companies in your area.
Cheaper rates are available
Some insurance providers don't offer online price quotes and many times these smaller companies only sell coverage through independent agencies. Discount BMW Z4 insurance is available from both online companies as well as from independent agents in Atlanta, and you need to comparison shop both to get a complete price analysis.
In this article, we presented many tips how you can save on BMW Z4 insurance in Atlanta. The key concept to understand is the more price quotes you have, the better likelihood of getting the cheapest BMW Z4 rate quotes. You may even discover the lowest premium rates come from an unexpected company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.
Additional learning opportunities
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- How Much is Georgia Car Insurance for a Honda Pilot? (FAQ)
- How Much are Georgia Auto Insurance Quotes for Homeowners? (FAQ)
- Who Has Affordable Car Insurance Rates for a Toyota Tacoma in Georgia? (FAQ)
- What Car Insurance is Cheapest in Mableton, Georgia? (FAQ)
- Who Has Cheap Georgia Auto Insurance Rates for Low Income Drivers? (FAQ)
- Event Data Recorders FAQ (iihs.org)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Steps to Take After an Auto Accident (Insurance Information Institute)