Are you regretting the purchase of overpriced BMW Z4 insurance in Oakland? It’s a common feeling and there are a lot of people in Oakland just like you who feel imprisoned by their insurance policy.
Everyone knows that car insurance companies want to keep you from comparing rates. Drivers who shop around will probably move their business because of the good chance of finding a policy with better rates. A recent survey found that people who compared rate quotes regularly saved approximately $72 a month compared to those who don’t make a habit of comparing rates.
If finding the lowest price for car insurance is your objective, learning how to choose a company and compare insurance rates can help you be more efficient.
How to find low-cost rates for BMW Z4 insurance in Oakland
The best way we recommend to get budget car insurance rates is to compare quotes annually from companies in Oakland. Prices can be compared by following these guidelines.
- Step 1: Get a basic knowledge of policy coverages and the steps you can take to keep rates low. Many rating factors that increase rates like traffic violations and a less-than-favorable credit rating can be controlled by paying attention to minor details.
- Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive or Farmers Insurance, while agents who are independent can quote prices for a wide range of companies. View prices
- Step 3: Compare the new rate quotes to your current policy premium to determine if you can save on Z4 insurance in Oakland. If you find a lower rate quote and make a switch, make sure there is no lapse in coverage.
- Step 4: Notify your company or agent of your intent to cancel your current car insurance policy. Submit payment along with a signed and completed policy application to your new insurance company. Once the application is submitted, put the new proof of insurance paperwork with the vehicle registration.
The key aspect of shopping around is to use the same liability limits and deductibles on each quote and and to get quotes from all possible companies. This ensures a fair rate comparison and a complete price analysis.
There are many insurance companies to purchase coverage from, and although it’s a good thing to be able to choose, more choices can make it harder to compare rates and cut insurance costs.
It’s a good idea to compare prices on a regular basis because prices tend to go up over time. Even if you think you had the best deal on BMW Z4 insurance in Oakland six months ago you can probably find a better rate now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to how to use online quotes to properly buy coverages while reducing your premium.
This article will help you learn how car insurance works and also pocket some savings If you have auto insurance now, you will definitely be able to lower your rates using the ideas covered in this article. But California consumers do need to learn the way insurance companies charge you for coverage and use it to your advantage.
Keep in mind that comparing a large number of companies will increase your chances of finding the best offered rates. Not every company allows you to get Oakland Z4 insurance quotes over the internet, so it’s recommended that you also compare price quotes from those companies as well.
The companies shown below can provide comparison quotes in Oakland, CA. If you want cheaper car insurance in CA, it’s a good idea that you compare several of them to get a more complete price comparison.
BMW Z4 insurance rates and statistics
The price information displayed next highlights different prices for BMW Z4 models. Knowing how insurance policy premiums are established can be of help when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Z4 3.0I SDRIVE 2-Dr Roadster | $258 | $482 | $384 | $22 | $114 | $1,260 | $105 |
| Z4 3.5I SDRIVE 2-Dr Roadster | $258 | $482 | $384 | $22 | $114 | $1,260 | $105 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Information does not factor in specific Oakland garaging location which can revise coverage prices substantially.
Higher deductibles save money
A question often asked by Oakland drivers is how high or low should comp and collision deductibles be. The rates shown below approximate the rate differences between low and high coverage deductibles. The first price estimate table uses a $100 deductible for physical damage and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Z4 3.0I SDRIVE 2-Dr Roadster | $478 | $932 | $376 | $22 | $112 | $1,945 | $162 |
| Z4 3.5I SDRIVE 2-Dr Roadster | $478 | $932 | $376 | $22 | $112 | $1,945 | $162 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Z4 3.0I SDRIVE 2-Dr Roadster | $266 | $490 | $376 | $22 | $112 | $1,266 | $106 |
| Z4 3.5I SDRIVE 2-Dr Roadster | $266 | $490 | $376 | $22 | $112 | $1,266 | $106 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Premium costs do not factor in specific location which can modify premiums considerably.
We can derive from the above data that using a $100 deductible will cost you roughly $56 more each month or $672 each year than buying the higher $1,000 deductible. Because you would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 16 months between claims, you would save money by selecting a higher deductible. Below is an example of how this decision is made.
| Average monthly premium for $100 deductibles: | $162 |
| Average monthly premium for $1,000 deductibles (subtract): | – $106 |
| Monthly savings from raising deductible: | $56 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $56 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
Illustration showing the impact of accidents and violations
The chart below demonstrates how traffic citations and accident claims impact BMW Z4 insurance premiums for each age group. The premium estimates are based on a single male driver, full coverage, $1,000 deductibles, and no discounts are applied.
BMW Z4 insurance rates by age and gender
The illustration below shows the difference between BMW Z4 premium costs for male and female drivers. Data assumes no claims or violations, comp and collision included, $100 deductibles, drivers are not married, and no discounts are applied to the premium.
Getting quotes from local Oakland insurance agents
Some people just want to visit with an insurance agent and there is nothing wrong with that. A good thing about price shopping on the web is that drivers can save money and get the lowest rates but still work with a licensed agent. Supporting local agents is definitely important in Oakland.
To help locate an agent, after submitting this simple form, the coverage information is sent to participating agents in Oakland who want to provide quotes for your business. There is no need to leave your house because quoted prices will be sent to you directly. You can get cheaper insurance rates without the usual hassles of price shopping. If for some reason you want to get a rate quote from a specific insurance provider, just jump over to their website to submit a rate quote request.
If you would like to find a reputable insurance agent or broker, it can be helpful to understand the different types of agencies and how they can quote your rates. Insurance policy providers are either independent agents or exclusive agents depending on their employer.
Independent Insurance Agents (or Brokers)
Agents that choose to be independent often have many company appointments and that allows them to write policies with an assortment of companies and find the cheapest rate. If your premiums go up, your agent can switch companies and you can keep the same agent.
If you are trying to find cheaper rates, we recommend you get rate quotes from multiple independent agents so that you have a good selection of quotes to compare.
Below are independent agents in Oakland who may provide pricing information.
Cook Disharoon and Greathouse Insurance Brokers
1942 Embarcadero – Oakland, CA 94606 – (510) 437-1900 – View Map
David E. Quan Agency Insurance Brokers, Inc.
523 47th St – Oakland, CA 94609 – (510) 653-8880 – View Map
Bucheku Insurance Agency
1714 Franklin St Suite 305 – Oakland, CA 94612 – (510) 655-6969 – View Map
Exclusive Insurance Agents
Agents that choose to be exclusive can only write with one company and examples are Farmers Insurance, State Farm, Allstate, and AAA. They generally cannot provide prices from multiple companies so it’s a take it or leave it situation. They are highly trained on their company’s products which aids in selling service over price.
Shown below is a list of exclusive insurance agents in Oakland willing to provide comparison quotes.
Allison, Charlie – State Farm Insurance Agent
7677 Oakport St #530 – Oakland, CA 94621 – (510) 777-0123 – View Map
Farmers Insurance – Norman Garcia
8105 Edgewater Dr #118 – Oakland, CA 94621 – (510) 878-7555 – View Map
Jain Williams – State Farm Insurance Agent
4222 MacArthur Blvd – Oakland, CA 94619 – (510) 530-3222 – View Map
Picking the best insurance agency requires more thought than just a cheap price quote. Below are some questions you should ask.
- Will their companies depreciate repairs to your car based on the mileage?
- Does the company use OEM repair parts?
- If independent agents, which companies do they recommend?
- How long have they been in business?
- Are they full-time agents?
Best car insurance company in Oakland
Ending up with the best auto insurance provider can be a challenge considering how many companies sell coverage in California. The rank data shown next could help you pick which car insurance companies you want to consider comparing prices from.
Top 10 Oakland Car Insurance Companies Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA of Southern California – 92%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%