How many times have you said it’s time to compare the cheapest BMW 535i insurance in Kansas City? Paying cheap prices for BMW 535i insurance in Kansas City can be difficult for drivers new to online comparison shopping. Drivers have so many agents and companies to choose from that it can easily be a big hassle to find the lowest price on BMW 535i insurance.
How to find cheaper rates for BMW 535i insurance in Kansas City
The recommended way to get discount auto insurance rates in Kansas City is to start comparing prices yearly from different companies in Missouri. You can compare rates by following these guidelines.
First, try to understand auto insurance and the things you can change to prevent high rates. Many rating criteria that result in higher prices such as speeding and poor credit rating can be amended by making lifestyle changes or driving safer.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO and Allstate, while independent agents can provide prices for a wide range of insurance providers.
Third, compare the new rate quotes to your current policy and determine if there is any savings. If you can save money and change companies, make sure there is no lapse in coverage.
Fourth, notify your company or agent to cancel your current car insurance policy. Submit a down payment and signed policy application to your new insurance company. As soon as you have the new policy, put the new certificate verifying coverage above your visor, in the console, or in the glove compartment.
The key aspect of shopping around is to use identical limits and deductibles on each quote request and to quote with every insurance company. Doing this guarantees a fair price comparison and plenty of rates choose from.
It’s an obvious statement that insurance companies want to prevent you from shopping around. Drivers who compare rates at least once a year will, in all likelihood, switch auto insurance companies because they have a good chance of finding a more affordable policy premium. A study discovered that drivers who compared prices once a year saved approximately $865 a year compared to policyholders who never shopped around.
If finding the cheapest price on car insurance in Kansas City is your ultimate target, then having a grasp of the best way to shop and compare cheaper coverage can help you succeed in saving money.
You need to get comparison quotes occasionally because auto insurance rates are rarely the same from one policy term to another. Even if you got the best rate on BMW 535i insurance in Kansas City at your last renewal you can probably find a lower rate today. Forget all the misinformation about auto insurance because we’re going to show you the quickest way to save money, get proper coverage and the best rates.
Locating the best rates in Kansas City can be made easier if you know where to look. If you are paying for car insurance now, you stand a good chance to be able to buy cheaper auto insurance using the tips covered below. But Missouri consumers should learn the way companies sell insurance online because rates are impacted by many factors.
There are several ways to compare rate quotes from different companies. The best method to compare rates consists of obtaining rate quotes online.
When comparing insurance rates, know that obtaining a wide range of quotes provides better odds of finding the best price.
The companies shown below are our best choices to provide free rate quotes in Missouri. To buy cheap car insurance in Missouri, we suggest you visit as many as you can to get a more complete price comparison.
BMW 535i insurance rates and statistics
The table below covers detailed analysis of insurance policy prices for BMW 535i models. Having a better idea how policy premiums are established can help you make informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 535I 4-Dr Sedan | $274 | $622 | $302 | $18 | $90 | $1,306 | $109 |
| 535I xDrive Station Wagon | $274 | $622 | $302 | $18 | $90 | $1,306 | $109 |
| 535I GT 4-Dr Sedan | $274 | $622 | $302 | $18 | $90 | $1,306 | $109 |
| 535I xDrive 4-Dr Sedan | $298 | $622 | $302 | $18 | $90 | $1,330 | $111 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Premium costs do not factor in the specific area where the vehicle is garaged which can influence insurance rates significantly.
Physical damage deductibles: Should you raise them?
One common question asked by Kansas City drivers is which deductible level should you buy. The figures shown below may aid in understanding the rate fluctuation between low and high policy deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 535I 4-Dr Sedan | $286 | $532 | $266 | $16 | $80 | $1,205 | $100 |
| 535I xDrive Station Wagon | $286 | $532 | $266 | $16 | $80 | $1,205 | $100 |
| 535I GT 4-Dr Sedan | $286 | $532 | $266 | $16 | $80 | $1,205 | $100 |
| 535I xDrive 4-Dr Sedan | $312 | $532 | $266 | $16 | $80 | $1,231 | $103 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 535I 4-Dr Sedan | $176 | $334 | $266 | $16 | $80 | $872 | $73 |
| 535I xDrive Station Wagon | $176 | $334 | $266 | $16 | $80 | $872 | $73 |
| 535I GT 4-Dr Sedan | $176 | $334 | $266 | $16 | $80 | $872 | $73 |
| 535I xDrive 4-Dr Sedan | $192 | $334 | $266 | $16 | $80 | $888 | $74 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Rate quotes do not factor in specific location which can revise price quotes considerably.
Based on the data above, we can derive that using a $250 deductible costs about $28 more each month or $336 each year than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you average more than 27 months between claims, you would more than likely save some money if you decide on a higher deductible. The table below illustrates a better example of how this decision is made.
| Average monthly premium for $250 deductibles: | $101 |
| Average monthly premium for $1,000 deductibles (subtract): | – $73 |
| Monthly savings from raising deductible: | $28 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $28 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 27 months |
Difference between full coverage and liability only rates
The diagram below shows the difference between BMW 535i insurance prices when comparing full coverage to state minimum liability only. The rates are based on no violations or claims, $250 deductibles, drivers are not married, and no discounts are applied to the premium.
When to drop comp and collision
There is no written rule for eliminating physical damage coverage, but there is a guideline you can consider. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your BMW 535i claim settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $5,000 after the deductible is paid. If it’s costing in excess of $500 annually for your policy with full coverage, then you may need to consider dropping full coverage.
There are some circumstances where buying only liability insurance is not advised. If you still owe a portion of the original loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
Why do I need car insurance?
Despite the high insurance cost for a BMW 535i in Kansas City, paying for auto insurance may not be optional for several reasons.
First, just about all states have minimum mandated liability insurance limits which means the state requires a specific minimum amount of liability in order to drive the car legally. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your BMW 535i, most banks will make it a condition of the loan that you have comprehensive coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your BMW at a significantly higher premium and require you to reimburse them for the much more expensive policy.
Third, auto insurance preserves both your assets and your car. It will also provide coverage for most medical and hospital costs that are the result of an accident. Liability coverage will also pay for a defense attorney if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying auto insurance are definitely more than the cost, particularly for liability claims. As of last year, the average driver in Missouri is overpaying over $869 every year so it’s recommended you shop around every year to ensure rates are inline.
How do Car Insurance Companies Determine BMW 535i Insurance Prices?
A large part of saving on auto insurance is knowing a few of the rating criteria that aid in calculating the level of your policy premiums. When you know what positively or negatively determines premiums, this empowers consumers to make smart changes that can earn you lower rates.
Listed below are a partial list of the pieces auto insurance companies consider when setting your premiums.
- Getting married can lower premiums – Getting married may earn you lower rates on auto insurance. Having a spouse generally demonstrates drivers are less irresponsible and it’s statistically proven that married drivers get in fewer accidents.
- Increase comp and collision deductibles and save – Deductibles for physical damage are how much the insured will be required to pay before a claim is paid by your company. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some coverage claims are colliding with a stationary object, collision with a deer, and damage from wind. The more expense you’re willing to pay, the better rate you will receive.
- Theft deterrents systems cut premiums – Buying a car with an alarm system can help lower your premiums. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft and help bring rates down.
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Pay more by driving carelessly – Only having one speeding ticket or other violation could increase your next policy renewal by as much as thirty percent. Drivers who don’t get tickets receive lower rates compared to bad drivers. Drivers unfortunate enough to have flagrant violations like reckless driving or DUI may find that they have to to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to legally drive a vehicle.
The diagram below illustrates how violations and at-fault collisions can impact BMW 535i insurance premiums for each different age group. The premiums are based on a single female driver, comp and collision included, $500 deductibles, and no discounts are applied.
- Your address can influence costs – Residing in areas with lower population is a good thing if you are looking for the lowest rates. People who live in big cities have more traffic problems and much longer commute distances. Fewer people means less chance of accidents and also fewer theft and vandalism claims.
Lower your car insurance rates with discounts
Car insurance is expensive, but you might find some hidden discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically at the time of purchase, but occasionally some discounts must be inquired about in order for you to get them.
- Professional Organizations – Affiliation with a professional or civic organization could earn you a nice discount when shopping for car insurance.
- Theft Prevention System – Anti-theft and alarm system equipped vehicles prevent vehicle theft so companies will give you a small discount.
- Driver Training Discounts – Successfully completing a course that instructs on driving safety could cut 5% off your bill and make you a better driver.
- Government Employee Discount – Federal government employees can save as much as 8% with a few car insurance companies.
- Save with More Vehicles Insured – Having primary and secondary vehicles with the same company can reduce the rates for all insured vehicles.
- Auto/Home Discount – If you can combine your homeowners and auto policy and insure them with the same company you may save up to 20% off your total 535i insurance premium.
- Air Bags and Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of 20% or more.
- Pay Early and Save – If you can afford to pay the entire bill rather than paying monthly you may reduce your total bill.
We need to note that many deductions do not apply to your bottom line cost. The majority will only reduce individual premiums such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky. But any discount will bring down your overall bill.
The illustration below visualizes the comparison of BMW 535i auto insurance rates with and without discounts applied. The rate quotes are based on a female driver, a clean driving record, no at-fault accidents, Missouri state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, claim-free, homeowner, marriage, and safe-driver discounts applied.
The best car insurance companies and a partial list of their discounts are outlined below.
- Progressive policyholders can earn discounts including multi-vehicle, online signing, homeowner, good student, and multi-policy.
- The Hartford discounts include defensive driver, anti-theft, bundle, vehicle fuel type, driver training, air bag, and good student.
- Mercury Insurance may have discounts that include multi-policy, multi-car, professional/association, annual mileage, and anti-theft.
- GEICO may offer discounts for driver training, membership and employees, federal employee, good student, daytime running lights, and air bags.
- AAA has discounts for good student, multi-car, anti-theft, pay-in-full, multi-policy, and good driver.
- State Farm offers discounts including multiple autos, good driver, passive restraint, multiple policy, driver’s education, and good student.
If you need lower rates, check with all companies you are considering which discounts you may be entitled to. A few discounts may not be offered in Kansas City.
Car insurance agents are professional risk managers
A lot of people still like to sit down and talk to an agent and that is not a bad decision One of the great benefits of price shopping on the web is that you can obtain the lowest rates but also keep your business local.
To make it easy to find an agent, after completing this short form, your insurance coverage information is instantly submitted to agents in your area who will return price quotes to get your business. You won’t need to search for an agent due to the fact that quote results will go instantly to you. You can find the lowest rates and a licensed agent to talk to. If you have a need to get a rate quote from one company in particular, just go to their quote page and submit a quote form there.
Picking the best provider needs to be determined by more than just the price. These are some valid questions you should ask.
- Do the companies they represent have a solid financial rating?
- Does the agency have a current Errors and Omissions policy?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Does their agency support local causes in Kansas City?
- Is the quote a firm price?
- Will they make sure you get an adequate claim settlement?
- Is there a local claims center in Kansas City?
- Which companies do they recommend if they are an independent agency?
If you are wanting to purchase auto insurance from a reputable agency, you must know there are a couple different types of agents and how they work. Auto insurance policy providers are categorized either exclusive agents or independent agents.
Exclusive Insurance Agencies
These agents can only provide pricing for a single company and some examples include Farmers Insurance or State Farm. They usually cannot give you multiple price quotes so they have no alternatives for high prices. These agents receive extensive training on their company’s products which helps them compete with independent agents. Some people will only buy from exclusive agents primarily because of the brand legacy and the convenience of having a single billing for all their coverages.
The following is a short list of exclusive agents in Kansas City who may provide you with comparison quotes.
- Brady Crawford – State Farm Insurance Agent
8080 Ward Pkwy Ste 100 – Kansas City, MO 64114 – (816) 333-5853 – View Map - Farmers Insurance – Deborah York
5775 NW 64th Terrace #201 – Kansas City, MO 64151 – (816) 746-4443 – View Map - George Lounds – State Farm Insurance Agent
550 E 99th St – Kansas City, MO 64131 – (816) 941-0055 – View Map
Independent Agencies or Brokers
These type of agents are appointed with more than one company so they have the ability to put coverage with a variety of different insurance companies depending on which coverage is best. If they find a cheaper price, the agent simply finds a different carrier and you stay with the same agent. When comparing rates, you need to check rates from several independent agencies for maximum quote selection. A lot of them also have access to companies that do not advertise much which can save you money.
The following is a short list of independent agents in Kansas City willing to provide comparison quotes.
- Fusion Insurance Agency
5920 Wilson Ave – Kansas City, MO 64123 – (816) 470-9050 – View Map - Northland Independent Insurance Group
5575 NW Barry Rd – Kansas City, MO 64154 – (816) 587-1826 – View Map - Banuelos Insurance Agency LLC
902 Southwest Blvd – Kansas City, MO 64108 – (816) 994-3600 – View Map
Kansas City car insurance companies
Choosing the highest-rated auto insurance provider can be challenging considering how many different companies sell coverage in Missouri. The information in the lists below may help you analyze which auto insurers to look at comparing rates with.
Top 10 Kansas City Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- Nationwide
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Travelers
- Liberty Mutual
- GEICO
- Allstate
Top 10 Kansas City Car Insurance Companies Ranked by Claims Service
- Progressive
- Travelers
- Liberty Mutual
- Nationwide
- USAA
- AAA Insurance
- GEICO
- Safeco Insurance
- Mercury Insurance
- Esurance
One last thing to lower rates
Some insurance companies do not offer online quoting and these smaller providers sell through independent insurance agencies. Cheaper insurance in Kansas City is attainable from both online companies and with local Kansas City insurance agents, and you should compare price quotes from both to have the best selection.
We covered some good ideas how to find cheaper BMW 535i insurance in Kansas City. It’s most important to understand that the more price quotes you have, the higher your chance of finding cheaper Kansas City auto insurance quotes. You may even be surprised to find that the lowest priced insurance comes from a smaller regional carrier.
When buying insurance coverage, do not skimp on critical coverages to save a buck or two. There have been many cases where someone dropped collision coverage only to regret at claim time that it was a big error on their part. Your strategy should be to purchase plenty of coverage at the best possible price, but don’t skip important coverages to save money.
How to find more affordable BMW 535i insurance in Kansas City
To save the most money, the best way to find lower priced BMW 535i insurance in Kansas City is to do a yearly price comparison from insurers who provide car insurance in Missouri.
- Spend a few minutes and learn about how your policy works and the steps you can take to lower rates. Many things that result in higher rates like inattentive driving and a low credit score can be rectified by making minor changes to your lifestyle.
- Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like GEICO or Allstate, while independent agencies can provide rate quotes for a wide range of insurance providers.
- Compare the new rate quotes to your existing rates and determine if cheaper 535i coverage is available in Kansas City. If you find a lower rate quote and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
- Notify your agent or company of your intent to cancel your current policy and submit payment and a completed application to your new agent or company. Once the application is submitted, safely store the certificate verifying coverage along with your vehicle registration.
The key thing to remember is to make sure you enter identical limits and deductibles on every quote and and to get prices from as many companies as possible. This provides a level playing field and a thorough selection of prices.
Other learning opportunities
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Who Has Affordable Kansas City Car Insurance Rates for Handicapped Drivers? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers with Accidents in Kansas City? (FAQ)
- How Much are Auto Insurance Rates for Teachers in Kansas City? (FAQ)
- Parking Tips to Reduce Door Dings (State Farm)
- Child Safety FAQ (iihs.org)
- Determining Auto Insurance Rates (GEICO)