Do you want to stop overpaying and find lower-priced BMW X5 insurance in Houston? Wish you could get out of high-priced BMW X5 insurance in Houston? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out.
It’s amazing but nearly 70% of Texas drivers kept their coverage with the same insurance company for more than four years, and practically 40% of insurance customers have never quoted insurance rates at all. Consumers in the United States could save nearly $850 each year by just comparing rate quotes, but they don’t know the rate savings if they swap their current policy for a cheaper one. Since you have so many companies and agents to choose from, it can be impossible to pick the best company.
It is always a good idea to do price comparisons at least once a year because insurance prices are adjusted regularly by insurance companies. Just because you found the best rates on BMW X5 insurance in Houston last year you will most likely find a better rate quote today. There is a lot of bad advice regarding X5 insurance online, but in this article, you’re going to get some of the best techniques to lower your insurance premiums.
The quickest way to compare insurance rates from multiple companies is to take advantage of the fact most of the larger companies have advanced systems to compare their rates. The only thing you need to do is provide a small amount of information like level of coverage desired, if you are currently licensed, your job, and the ages of drivers. Your rating data is instantly submitted to multiple car insurance providers and you will receive price estimates almost instantly.
If you would like to compare rates now, click here and complete the form.
The companies shown below offer comparison quotes in Houston, TX. If multiple companies are shown, we suggest you get rate quotes from several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| X5 3.0I AWD | $220 | $416 | $496 | $30 | $148 | $1,310 | $109 |
| X5 3.5D AWD | $244 | $414 | $388 | $24 | $116 | $1,186 | $99 |
| X5 4.8I AWD | $350 | $660 | $430 | $26 | $128 | $1,594 | $133 |
| X5 M AWD | $552 | $850 | $500 | $30 | $150 | $2,082 | $174 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Estimates do not factor in Houston location which can lower or raise prices substantially.
Insurance premiums for males and females
The information below shows the comparison of BMW X5 auto insurance rates for male and female drivers. The data is based on no violations or accidents, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are factored in.
BMW X5 liability rates compared to full coverage
The illustration below illustrates the comparison of BMW X5 car insurance rates with full coverage and liability only. The costs are based on no driving violations, no at-fault accidents, $250 deductibles, single female driver, and no discounts are applied.
When to drop comprehensive and collision coverage
There is no exact formula to stop buying comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let’s say your BMW X5 settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after paying your deductible. If premium cost is more than $700 a year to have full coverage, then it may be the right time to buy liability only.
There are some situations where only buying liability is not recommended. If you haven’t paid off your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
You may want advice from a local insurance agent
Certain consumers just want to talk to a local agent and that is a smart decision Professional insurance agents can make sure you are properly covered and will help you if you have claims. A good thing about getting free rate quotes online is that drivers can save money and get the best rates and still have an agent to talk to. Buying from local insurance agents is especially important in Houston.
To make it easy to find an agent, after completing this form (opens in new window), your information is transmitted to companies in Houston who will give you bids for your insurance coverage. There is no need to contact an agency since price quotes are sent instantly to you. If you need to get a price quote from a specific company, feel free to visit that company’s website and complete a quote there.
Two different types of auto insurance agents
If you’re trying to find a good insurance agency, it helps to know the two types of agencies and how they are distinctly different. Auto insurance policy providers are classified as either exclusive or independent (non-exclusive). Either can handle auto insurance, but it is important to understand the difference in the companies they write for since it can impact your selection of an agent.
Independent Insurance Agents
Agents in the independent channel are not locked into one company and that gives them the ability to insure with a variety of different insurance companies and find the cheapest auto insurance rates. If you are not satisfied with one company, they can switch companies in-house which requires no work on your part. If you are trying to find cheaper rates, you absolutely need to get some free quotes from a couple of independent agencies to have the most options to choose from.
Listed below is a partial list of independent insurance agents in Houston that may be able to give price quotes.
TDECU INSURANCE AGENCY, LLC
1235 N Loop W Fwy #1100 – Houston, TX 77008 – (979) 238-8283 – View Map
R.Y.A. Insurance Agency, Inc.
12155 Jones Rd #300 – Houston, TX 77070 – (281) 469-6286 – View Map
Memorial Insurance Agency, LLC
13624 Memorial Dr – Houston, TX 77079 – (713) 461-8272 – View Map
Exclusive Agents
Agents of this type can usually just insure with one company such as State Farm, AAA, and Liberty Mutual. Exclusive agents are unable to place coverage with different providers so always compare other rates. They are very knowledgeable on their company’s products which helps them sell insurance even at higher premiums.
Shown below is a list of exclusive insurance agencies in Houston who can help you get comparison quotes.
Donald Malveaux – State Farm Insurance Agent
12001 Richmond Ave #6 – Houston, TX 77082 – (281) 679-7155 – View Map
State Farm: Jack Wallace
3405 Mercer St – Houston, TX 77027 – (713) 626-7500 – View Map
Armando Valdez – State Farm Insurance Agent
12941 North Fwy #608 – Houston, TX 77060 – (281) 537-7890 – View Map
Finding a good auto insurance agent needs to be determined by more than just the premium amount. Some important questions to ask are:
- How does the company pay claims for a total loss?
- Do they assist clients in filing claims?
- Is the agency involved in supporting local community causes?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Which companies can they place coverage with?
- If you have an accident, will your rates go up?