Sad but true, over 70% of North Carolina drivers have purchased from the same company for four years or more, and approximately 40% of consumers have never shopped around. U.S. consumers could save an average of almost $850 each year just by getting comparison quotes, but they underestimate how much they could save if they changed companies.
The best way we recommend to find lower priced BMW 328i insurance in Raleigh is to do an annual price comparison from companies in North Carolina. This can be done by following these guidelines.
- First, take a few minutes and learn about the coverage provided by your policy and the things you can control to prevent rate increases. Many policy risk factors that result in higher rates such as speeding and a low credit score can be eliminated by making minor driving habit or lifestyle changes.
- Second, request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive and State Farm, while agents who are independent can provide price quotes for many different companies. Get quotes now
- Third, compare the quotes to your existing coverage to see if switching to a new carrier will save money. If you can save some money and change companies, make sure coverage is continuous and does not lapse.
- Fourth, notify your current company to cancel your current car insurance policy and submit a down payment and signed policy application to the new company. As soon as you have the new policy, keep your new certificate verifying coverage along with your vehicle registration.
One thing to remember is to compare similar limits and deductibles on every quote and and to get prices from as many companies as you can. Doing this enables a fair price comparison and a complete selection of prices.
Our goal is to help you learn how insurance works. If you currently have auto insurance, you will most likely be able to buy cheaper auto insurance using the concepts you’re about to learn. Drivers only need an understanding of the tricks to compare different rates online.
Companies offering BMW 328i insurance in Raleigh
The car insurance companies shown below can provide quotes in North Carolina. To find cheap car insurance in Raleigh, it’s highly recommended you get rates from several of them in order to find the most affordable rates.
Rates and statistics
The table shown next showcases detailed analysis of insurance premium costs for BMW 328i models. Having knowledge of how insurance quotes are determined can help you make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 328I 4-Dr Sedan | $104 | $200 | $234 | $14 | $70 | $622 | $52 |
| 328I 4-Dr Sedan | $104 | $200 | $234 | $14 | $70 | $622 | $52 |
| 328I Station Wagon | $116 | $230 | $198 | $12 | $60 | $616 | $51 |
| 328I 2-Dr Coupe | $116 | $230 | $198 | $12 | $60 | $616 | $51 |
| 328I 2-Dr Coupe | $116 | $230 | $198 | $12 | $60 | $616 | $51 |
| 328I xDrive 4-Dr Sedan | $116 | $230 | $234 | $14 | $70 | $664 | $55 |
| 328I xDrive 4-Dr Sedan | $116 | $230 | $234 | $14 | $70 | $664 | $55 |
| 328I 2-Dr Convertible | $116 | $230 | $234 | $14 | $70 | $664 | $55 |
| 328I 2-Dr Convertible | $116 | $230 | $234 | $14 | $70 | $664 | $55 |
| 328I 2-Dr Coupe | $116 | $230 | $198 | $12 | $60 | $616 | $51 |
| 328I xDrive 2-Dr Coupe | $116 | $230 | $198 | $12 | $60 | $616 | $51 |
| 328I xDrive Station Wagon | $116 | $230 | $198 | $12 | $60 | $616 | $51 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Price information does not factor in specific Raleigh garaging location which can revise coverage prices noticeably.
Analysis of deductible levels
One frequently asked question is how high should your deductibles be. The following insurance rates can help you visualize how much more rates are when you buy lower versus higher coverage deductibles. The first table uses a $100 physical damage deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 328I 4-Dr Sedan | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| 328I 4-Dr Sedan | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| 328I Station Wagon | $270 | $524 | $212 | $12 | $64 | $1,107 | $92 |
| 328I 2-Dr Coupe | $270 | $524 | $212 | $12 | $64 | $1,107 | $92 |
| 328I 2-Dr Coupe | $270 | $524 | $212 | $12 | $64 | $1,107 | $92 |
| 328I xDrive 4-Dr Sedan | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| 328I xDrive 4-Dr Sedan | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| 328I 2-Dr Convertible | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| 328I 2-Dr Convertible | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| 328I 2-Dr Coupe | $270 | $524 | $212 | $12 | $64 | $1,107 | $92 |
| 328I xDrive 2-Dr Coupe | $270 | $524 | $212 | $12 | $64 | $1,107 | $92 |
| 328I xDrive Station Wagon | $270 | $524 | $212 | $12 | $64 | $1,107 | $92 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 328I 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 328I 4-Dr Sedan | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| 328I Station Wagon | $150 | $276 | $212 | $12 | $64 | $714 | $60 |
| 328I 2-Dr Coupe | $150 | $276 | $212 | $12 | $64 | $714 | $60 |
| 328I 2-Dr Coupe | $150 | $276 | $212 | $12 | $64 | $714 | $60 |
| 328I xDrive 4-Dr Sedan | $150 | $276 | $250 | $14 | $74 | $764 | $64 |
| 328I xDrive 4-Dr Sedan | $150 | $276 | $250 | $14 | $74 | $764 | $64 |
| 328I 2-Dr Convertible | $150 | $276 | $250 | $14 | $74 | $764 | $64 |
| 328I 2-Dr Convertible | $150 | $276 | $250 | $14 | $74 | $764 | $64 |
| 328I 2-Dr Coupe | $150 | $276 | $212 | $12 | $64 | $714 | $60 |
| 328I xDrive 2-Dr Coupe | $150 | $276 | $212 | $12 | $64 | $714 | $60 |
| 328I xDrive Station Wagon | $150 | $276 | $212 | $12 | $64 | $714 | $60 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Price information does not factor in vehicle garaging location which can impact insurance rates noticeably.
We can derive from the above data that using a $100 deductible costs an average of $32 more each month or $384 annually across all BMW 328i models than choosing the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 28 months between claim filings, you would probably be better off by selecting a higher deductible.
Smart Buyers Can Save Money
A large part of saving on car insurance is knowing some of the elements that go into determining the price you pay for car insurance. If you understand what positively or negatively impacts your premiums, this enables you to make decisions that may reward you with better car insurance rates. Lots of things are used when you get your auto insurance bill. Some are pretty understandable like a motor vehicle report, but some are more transparent such as your marital status or how safe your car is.
- Filing insurance claims can cost more – Insurance companies in North Carolina award discounts to drivers who do not file claims often. If you frequently file small claims, you can expect either policy cancellation or increased premiums. Your insurance policy is intended for more catastrophic claims.
- Prevent policy lapses – Allowing your car insurance policy to lapse is a guaranteed way to increase your rates. And not only will insurance be more expensive, getting caught without coverage may result in a steep fine or even jail time. You may need to file a SR-22 with the North Carolina motor vehicle department.
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Older drivers save more – Youthful drivers in North Carolina are proven to be more careless with other occupants in the car and because of this, their car insurance rates are much higher. Older people tend to be more responsible, cause fewer claims and accidents, and are generally more financially stable.
The next chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.
- Save money with alarm systems – Driving a car with a theft deterrent system can save you a little every year. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent your vehicle from being stolen.
Car insurance discounts are available to lower rates
Car insurance can be pricey, but there may be some discounts that you may not know about. A few discounts will automatically apply at quote time, but once in a while a discount must be inquired about prior to receiving the credit.
- E-sign – A handful of companies will give a small break for buying your policy over the internet.
- Driver’s Ed – Require your teen driver to successfully complete driver’s ed class as it will make them better drivers and lower rates.
- Passive Restraint Discount – Cars that have air bags or motorized seat belts may earn rate discounts up to 30%.
- Distant College Student Discount – College-age children who live away from home at college without a vehicle on campus may qualify for this discount.
- Anti-lock Brakes – Anti-lock brake equipped vehicles can stop better under adverse conditions and will save you 10% or more on 328i insurance in Raleigh.
- Cautious Drivers – Insureds without accidents could pay up to 40% less than drivers with accidents.
- Bundle and Save – If you insure your home and vehicles with one company you could save over 10 percent off each policy depending on the company.
- No Claim Discounts – Claim-free drivers are rewarded with significantly better rates on Raleigh auto insurance quote compared to drivers who are more careless.
- Government Employee Discount – Active or former government employment can save as much as 8% depending on your company.
You should keep in mind that some of the credits will not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky.
The diagram below shows the comparison of BMW 328i insurance prices with and without discounts applied to the rates. The data is based on a female driver, no driving violations, no at-fault accidents, North Carolina 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 claim-free, safe-driver, multi-car, homeowner, marriage, and multi-policy discounts applied.
If you would like to choose from a list of insurance companies that can offer you the previously mentioned discounts in Raleigh, click this link.
Are auto insurance agents a thing of the past?
A small number of people still prefer to get professional advice from a licensed agent and that is a personal choice. Licensed agents can answer important questions and help you file claims. A nice benefit of comparing insurance online is that drivers can save money and get the lowest rates and still buy from a local agent. Buying from and supporting local agencies is especially important in Raleigh.
Once you complete this quick form, your insurance data is instantly submitted to local insurance agents in Raleigh who will give competitive quotes for your insurance coverage. You never need to leave your house because prices are sent to the email address you provide. In the event you want to get a rate quote from a specific company, you would need to go to their quote page and fill out their quote form.
The type of car insurance agent you choose is important
If you want to use a local agent, there are two different types of agents and how they operate. Insurance agencies in Raleigh can be classified as either independent or exclusive depending on the company they work for. Both sell affordable insurance policies, but it’s worth mentioning the subtle differences because it can factor into your selection of an agent.
Independent Insurance Agents
Agents of this type do not write with just one company and that gives them the ability to insure with a variety of different insurance companies and help determine which has the cheapest rates. If they find a cheaper price, your agent can switch companies and you don’t have to do anything. When shopping rates, it’s recommended you get some free quotes from a few independent agents to have the most options to choose from.
Shown below is a partial list of independent agencies in Raleigh that can possibly get you price quote information.
HealthMarkets Insurance Agency
3700 National Dr #100 – Raleigh, NC 27612 – (919) 720-4724 – View Map
Blackmon Insurance Agency of North Carolina, Inc.
4280 Louisburg Rd – Raleigh, NC 27604 – (919) 875-8500 – View Map
Independent Insurance Agents of North Carolina Inc
101 Weston Oaks Ct – Cary, NC 27513 – (919) 828-4371 – View Map
Exclusive Insurance Agencies
Agents that elect to be exclusive can only provide pricing for a single company and examples are Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot compare rates from other companies so they are skilled at selling on more than just price. These agents are highly trained on their products and sales techniques which helps overcome the inability to quote other rates.
Listed below is a list of exclusive agents in Raleigh who can help you get price quotes.
State Farm: Jerome Murray
8410 Louisburg Rd #100 – Raleigh, NC 27616 – (919) 266-9371 – View Map
Allstate Insurance: Jay Adkins
1033 Oberlin Rd Ste 200 – Raleigh, NC 27605 – (919) 755-1133 – View Map
GEICO Insurance Agent
5011 Falls of Neuse Rd A – Raleigh, NC 27609 – (919) 862-1300 – View Map
Picking the best auto insurance agent needs to be determined by more than just a cheap quote. Get answers to these questions too.
- Will they take your side in the event of a claim?
- Are they actively involved in the community?
- Will one accident increase rates?
- Where would glass claims be handled in Raleigh?
- How experienced are they in personal risk management?
- Do they feel the quoted coverages are adequate?
Upon receiving answers to your satisfaction to your questions and an affordable coverage quote, it’s a good possibility that you have found a car insurance agent that is professional and can adequately provide insurance.
Your situation helps dictate your coverage
When it comes to your policy, there is no one-size-fits-all type of policy. Everyone’s situation is unique and your auto insurance should unique, too.
Here are some questions about coverages that may help highlight whether your personal situation might need an agent’s assistance.
- Will damage be repaired with OEM parts?
- Do I have any recourse if my insurance company denies a claim?
- When should I buy a commercial auto policy?
- Do I have coverage if my license is suspended?
- Do I have coverage when pulling a U-Haul trailer?
- How much underlying liability do I need for an umbrella policy?
- How many claims can I have before being canceled?
- Does having multiple vehicles earn me a discount?
- Are my friends covered when driving my car?
- Do I pay less if my vehicle is kept in my garage?
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can help protect your family.
Find affordable car insurance rates by comparing often
Some insurance providers don’t offer online quoting and usually these smaller companies only sell through independent agencies. The cheapest BMW 328i insurance in Raleigh is attainable from both online companies and also from your neighborhood Raleigh agents, so you need to compare both to have the best rate selection.
When getting Raleigh auto insurance quotes online, don’t be tempted to buy poor coverage just to save money. In many instances, an insured cut full coverage only to discover later that it was a big mistake. The goal is to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.
To learn more, feel free to browse the articles below:
- Property Damage Coverage (Liberty Mutual)
- Who Has Cheap Raleigh Auto Insurance Rates for Welfare Recipients? (FAQ)
- Who Has Cheap Raleigh Car Insurance Quotes for a Toyota Camry? (FAQ)
- Who Has the Cheapest Raleigh Auto Insurance Rates for Teachers? (FAQ)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- State Laws for Cellphones and Texting (iihs.org)
- Alcohol Impaired Driving FAQ (iihs.org)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)