The recommended way to get the cheapest BMW M6 insurance is to make a habit of comparing prices annually from insurers in Kansas City.
- Try to comprehend coverages and the steps you can take to keep rates in check. Many things that cause high rates such as multiple speeding tickets and a substandard credit history can be remedied by being financially responsible and driving safely.
- Request price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can give you price quotes for a wide range of insurance providers. View a list of agents
- Compare the quotes to the premium of your current policy and determine if cheaper M6 coverage is available in Kansas City. If you find better rates and decide to switch, ensure there is no coverage lapse between policies.
- Give proper notification to your current agent or company of your decision to cancel your existing policy. Submit the signed application along with the required initial payment to the new insurer. Make sure you place the new proof of insurance paperwork in an easily accessible location in your vehicle.
The most important part of shopping around is to try to use identical deductibles and limits on every quote and to quote with as many companies as feasibly possible. Doing this helps ensure an accurate price comparison and plenty of rates choose from.
We don’t have to point out that fact that insurance companies don’t want customers comparing rates. Consumers who get comparison quotes once a year will presumably buy a different policy because there is a good probability of finding better rates. A survey found that drivers who made a habit of comparing rates saved $70 a month compared to drivers who never compared prices.
If finding the cheapest price on insurance is your target objective, understanding how to shop and compare coverages can make it simple to find affordable coverage.
The purpose of this post is to let you in on the best ways to compare prices and how to save the most money. If you have a policy now, you will surely be able to get lower rates using these tips. Vehicle owners just need to use the proper methods to compare insurance rates online.
Compare quotes for Kansas City BMW M6 insurance
The companies shown below can provide quotes in Kansas City, MO. If multiple companies are listed, it’s highly recommended you visit two to three different companies to get the lowest price.
Three reasons car insurance is important
Even though Kansas City M6 insurance rates can get expensive, insurance is not optional due to several reasons.
First, the majority of states have minimum mandated liability insurance limits which means the state requires a specific minimum amount of liability in order to drive the car. 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 your vehicle has a loan, it’s guaranteed your bank will require that you have comprehensive coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the bank will be required to insure your BMW at a more expensive rate and require you to fork over the higher price.
Third, insurance safeguards your BMW and your assets. Insurance will also pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage will also pay to defend you if anyone sues you for causing an accident. If your BMW gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your M6 more than offset the price you pay, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is wasting up to $865 each year so compare rate quotes every year to ensure rates are competitive.
BMW M6 insurance rate analysis
The information shown next highlights estimates of insurance coverage prices for BMW M6 models. Being aware of how insurance policy premiums are determined can help you make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $174 | $440 | $212 | $12 | $64 | $902 | $75 |
| M6 2-Dr Convertible | $186 | $408 | $312 | $18 | $94 | $1,018 | $85 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rates do not factor in Kansas City location which can lower or raise premiums greatly.
Should you raise deductibles?
One of the most common auto insurance questions is how low should you set your deductibles. The data tables below may help to illustrate the difference in cost of buying low and high comp and collision deductibles. The first set of rates uses a $250 deductible for physical damage and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $364 | $842 | $226 | $14 | $68 | $1,539 | $128 |
| M6 2-Dr Convertible | $392 | $780 | $332 | $20 | $100 | $1,649 | $137 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $296 | $678 | $226 | $14 | $68 | $1,282 | $107 |
| M6 2-Dr Convertible | $318 | $628 | $332 | $20 | $100 | $1,398 | $117 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Premium amounts do not factor in specific zip code location which can affect premiums significantly.
We can derive from the above data that using a $250 deductible costs roughly $21 more each month or $252 for a full year than choosing the higher $500 deductible. Due to the fact that you would have to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you average at a minimum 12 months between claims, you would save more money if you choose a higher deductible.
Calculation for raising deductibles
| Average monthly premium for $250 deductibles: | $133 |
| Average monthly premium for $500 deductibles (subtract): | – $112 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
The example below shows how choosing a deductible and can impact BMW M6 insurance costs for each age group. The prices are based on a married female driver, comp and collision included, and no discounts are applied.
Insurance rate increases from tickets or accidents
The chart below shows how speeding tickets and at-fault collisions drive up BMW M6 yearly insurance costs for different age categories. The costs are based on a single female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
Should you buy full coverage?
The example below compares BMW M6 insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no claims or driving violations, $100 deductibles, single marital status, and no policy discounts are applied.
Deciding between full coverage and liability only
There is no exact rule for excluding physical damage insurance, but there is a guideline you can consider. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your BMW M6 replacement cost is $6,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after the policy deductible has been paid. If you are paying over $500 a year to have full coverage, then you may need to consider dropping full coverage.
There are a few cases where dropping physical damage coverage is not a good idea. If you haven’t paid off your loan, you have to keep full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
BMW M6 insurance discounts in Kansas City
Car insurance companies don’t always list every available discount very well, so the next list breaks down both well-publicized and the harder-to-find discounts that you can inquire about if you buy Kansas City car insurance online. If you aren’t receiving every discount available, you could be getting lower rates.
- Home Ownership Discount – Being a homeowner can save a few bucks because it is proof of financial responsibility.
- Discount for Good Grades – Being a good student could provide a savings of up to 20% or more. Most companies allow this discount up to age 25.
- Bundle and Save – If you insure your home and vehicles with the same insurance company you will save 10% to 20% off each policy.
- Defensive Driver – Completing a defensive driving class could possibly earn you a 5% discount and easily pay for the cost of the class.
- Senior Citizen Discount – If you’re over the age of 55, you could receive a slight reduction on a Kansas City car insurance quote.
- Employee of Federal Government – Being employed by or retired from a federal job could cut as much as 10% off but check with your company.
- Cautious Drivers – Drivers without accidents could pay up to 40% less compared to accident prone drivers.
- E-sign Discounts – A handful of companies may give you up to $50 just for signing your application on your computer.
Discounts lower rates, but most discounts do not apply to the overall cost of the policy. Most only apply to individual premiums such as comp or med pay. So despite the fact that it appears you could get a free insurance policy, companies don’t profit that way.
The chart below shows the comparison of BMW M6 yearly insurance costs with and without discounts. The premiums are based on a male driver, no claims or violations, Missouri state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, marriage, homeowner, multi-car, and claim-free discounts applied.
A partial list of companies who might offer these discounts include:
When comparing rates, check with each company the best way to save money. All car insurance discounts might not be offered on policies everywhere. To choose insurers with the best BMW M6 insurance discounts in Missouri, click this link.
Shop online but buy locally
Some people still like to sit down with an agent and that is OK! Professional insurance agents can answer important questions and help you file claims. The best thing about comparing rates online is that drivers can save money and get cheaper car insurance rates but still work with a licensed agent. And supporting local insurance agents is especially important in Kansas City.
After completing this simple form, your information is submitted to local insurance agents in Kansas City who will return price quotes for your insurance coverage. It makes it easy because there is no need to do any legwork as quotes are delivered to the email address you provide. If you wish to compare prices from a specific insurance company, don’t hesitate to visit that company’s website to submit a rate quote request.
Compare rates from both independent and exclusive car insurance agents
If you’re trying to find a reliable agent, you should know the types of insurance agents to choose from. Agents in Kansas City are either independent agents or exclusive agents. Either one can sell insurance policies, but we need to point out the difference between them because it can impact your selection of an agent.
Independent Agencies or Brokers
These type of agents can quote rates with many companies and that enables them to quote your coverage with an assortment of companies and help determine which has the cheapest rates. To move your coverage to a new company, the business is moved internally and you don’t have to do anything.
When searching for an agent, we highly recommend that you get insurance quotes from independent agents in order to compare the most rates. Most have the option of insuring with smaller mutual companies which can be an advantage.
Below are Kansas City independent insurance agencies that can possibly get you rate quotes.
- Abbott Insurance Inc.
8117 N Oak Trafficway – Kansas City, MO 64118 – (816) 452-8810 – View Map - Heartland Insurance Agency, Inc.
7301 Mission Rd #242, Prairie Village, KS 66208 – Prairie Village, MO 66208 – (800) 701-5909 – View Map - Francisco Banuelos Insurance
536 Benton Blvd – Kansas City, MO 64124 – (816) 920-5400 – View Map
Exclusive Agencies
These type of agents can only write with one company and some examples include State Farm, Allstate, and Farm Bureau. Exclusive agents cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. These agents are trained well on their products and sales techniques and that allows them to sell at a higher price point. Some people will only use the same agent mainly due to the prominence of the brand rather than having the cheapest rates.
Listed below are Kansas City exclusive insurance agents that are able to give rate quotes.
- American Family Insurance – Clint Cole Agency Inc.
8301 State Line Rd Ste 112 – Kansas City, MO 64114 – (816) 444-7468 – View Map - Carleton Voorhies – State Farm Insurance Agent
7709 NW Prairie View Rd – Kansas City, MO 64151 – (816) 741-3558 – View Map - American Family Insurance – Jeff Williams Agency Inc.
6505 N Prospect Ave #100 – Kansas City, MO 64119 – (816) 459-7779 – View Map
Selecting an auto insurance agent should include more criteria than just a low price. The answers to these questions are important, too.
- Are claim adjusters local or do you have to take your car somewhere else?
- Do they have designations such as AIC, CPCU, or CIC?
- Do they specialize in personal lines coverage in Kansas City?
- Is the agency covered by Errors and Omissions coverage?
- Is every driver in your family covered?
- If your car is totaled, how to they determine the replacement cost?
There’s no such thing as the perfect car insurance policy
When quoting and comparing coverage for your personal vehicles, there really isn’t a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply.
For example, these questions may help highlight if your insurance needs would benefit from professional advice.
- Am I covered if I drive in a foreign country?
- Do I need replacement cost coverage on my BMW M6?
- Should I buy additional glass protection?
- What does UM/UIM cover?
- Can good grades get a discount?
- Are my friends covered when driving my BMW M6?
- Does insurance cover tools stolen from my truck?
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.
Best auto insurance in Kansas City
Insuring your vehicle with the top insurer can be a challenge considering how many companies there are to choose from in Missouri. The ranking data below can help you select which companies you want to consider shopping prices with.
Top 10 Kansas City Car Insurance Companies Ranked by Value
- USAA
- GEICO
- AAA Insurance
- State Farm
- Liberty Mutual
- Allstate
- Safeco Insurance
- 21st Century
- Travelers
- Titan Insurance
A conclusion for your auto insurance search
We covered many ideas to find cheaper BMW M6 insurance in Kansas City. The key concept to understand is the more rate comparisons you have, the better likelihood of getting affordable Kansas City car insurance quotes. Consumers may even find the most savings is with the smaller companies. Regional companies can often insure niche markets at a lower cost than their larger competitors like Allstate or State Farm.
When searching for cheaper Kansas City car insurance quotes, it’s not a good idea to reduce needed coverages to save money. In many instances, an accident victim reduced collision coverage only to regret they didn’t purchase enough coverage. Your goal should be to buy the best coverage you can find for the lowest price, but do not skimp to save money.
Budget-conscious BMW M6 insurance can be found online in addition to many Kansas City insurance agents, and you need to price shop both to have the best rate selection. Some insurance companies may not have price quotes online and these smaller providers only sell coverage through independent insurance agencies.
To read more, feel free to visit the articles below:
- Teen Driving Statistics (iihs.org)
- How Much is Auto Insurance for a Ford F-150 in Kansas City? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for 19 Year Olds in Kansas City? (FAQ)
- Who Has Affordable Auto Insurance for a Nissan Altima in Kansas City? (FAQ)
- Who Has Affordable Auto Insurance for 16 Year Olds in Kansas City? (FAQ)
- Five Mistakes to Avoid (Insurance Information Institute)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)
- Safety Belts FAQ (iihs.org)