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Thursday, February 24, 2011

How to save money on your BMW insurance

bmw-x6-concept
How to save money on your BMW insurance

When buying car insurance there are several steps you can take to keep costs to a minimum. Consider these money saving tips if you're looking to find cheaper insurance for your BMW:

  • Improve Security - reduce the risk of your BMW being stolen or damaged by fitting an approved alarm and immobilisers system and parking your vehicle in a safe location at night.
  • Up your excess - you can lower premiums on your BMW insurance by offering to pay a higher excess in the event of a claim. Be sure to set this at a level you can comfortably afford.
  • Limit your mileage - driving less can bring down the cost of cover. Reduce the number of miles you'll drive in a year and inform your insurance company.
  • Only pay for what you need - it's important that your policy provides the right level of protection but avoiding unnecessary add-ons can help you to find cheaper quotes.
  • Shop around - don't assume you're renewal quote is the best deal available. Compare quotes from other car insurance companies to see how much you could save.

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