If you’re new to shopping for San Antonio car insurance quotes online, by this point your are probably bewildered by the sheer number of online companies that all promise to save you money.
Amazingly, most insurance buyers have stayed with the same insurance company for a minimum of four years, and almost 40% of drivers have never compared rates from other carriers. With the average premium in Texas being $2,679, drivers could cut their rates by nearly 70% a year, but they don’t believe the actual amount they would save if they moved their coverage to a different company.
Locating the best rates in San Antonio is really quite simple as long as you have a good starting point. If you have a current car insurance policy, you stand a good chance to be able to find the best rates using these techniques. But Texas vehicle owners need to have an understanding of how companies determine prices because it can help you find the best coverage.
Just remember that comparing a wide range of rates increases the chance that you will find a lower rate than you’re paying now.
The car insurance companies shown below can provide free rate quotes in San Antonio, TX. If the list has multiple companies, we suggest you get prices from several of them in order to get a fair rate comparison.
BMW M6 coverage statistics
The premium information below covers estimates of insurance coverage prices for BMW M6 models. Knowing how premiums are formulated can aid in making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $448 | $1180 | $366 | $22 | $110 | $2,126 | $177 |
| M6 2-Dr Convertible | $482 | $1092 | $538 | $32 | $162 | $2,306 | $192 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Price estimates do not factor in specific San Antonio garaging location which can revise auto insurance rates considerably.
Can higher deductibles save money?
One of the hardest decisions when shopping for auto insurance is where should you set your physical damage deductibles. The figures shown below show the rate difference when you buy lower versus higher coverage deductibles. The first pricing table uses a $100 deductible for physical damage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $582 | $1436 | $324 | $20 | $96 | $2,483 | $207 |
| M6 2-Dr Convertible | $624 | $1330 | $476 | $28 | $142 | $2,625 | $219 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M6 2-Dr Coupe | $322 | $758 | $324 | $20 | $96 | $1,520 | $127 |
| M6 2-Dr Convertible | $346 | $702 | $476 | $28 | $142 | $1,694 | $141 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium amounts do not factor in specific zip code location which can increase or decrease premiums significantly.
Using the data above, we can ascertain that using a $100 deductible will cost you roughly $79 more each month or $948 each year than buying the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have at a minimum 11 months between claim filings, you would probably be better off if you decide on a higher deductible. Here’s an example of how you can make your own decision.
| Average monthly premium for $100 deductibles: | $213 |
| Average monthly premium for $1,000 deductibles (subtract): | – $134 |
| Monthly savings from raising deductible: | $79 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $79 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
The diagram below shows how choosing a deductible and can influence BMW M6 premium costs for each age group. Data assumes a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Auto insurance rates by age and gender in San Antonio
The illustration below illustrates the comparison of BMW M6 premium costs for male and female drivers. The costs are based on no claims or driving violations, full coverage, $500 deductibles, marital status is single, and no additional discounts are factored in.
Cost comparison with and without full coverage
The chart below shows the comparison of BMW M6 car insurance costs with liability coverage only compared to full coverage. The prices are based on no claims or driving violations, $1,000 deductibles, single status, and no additional discounts are factored in.
Should you be buying full coverage?
There is no clear-cut formula that works best for making the decision to drop physical damage insurance, but there is a general guideline. If the yearly cost for physical damage coverage is about 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s say your BMW M6 claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, you would only receive $5,000 after the policy deductible has been paid. If premium cost is more than $500 annually for full coverage, then you may want to consider only buying liability coverage.
There are some conditions where buying only liability insurance is not a good idea. If you still have a lienholder on your title, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not opt for liability only.
Discounts mean cheaper rates for BMW M6 insurance in San Antonio
Car insurance companies do not advertise all available discounts very clearly, so the following is a list of both the well known and the harder-to-find savings tricks you should be using when you buy San Antonio car insurance online.
- Senior Citizen Rates – If you’re over the age of 55, you may qualify for a small discount on rates.
- Own a Home – Owning your own home or condo may trigger a policy discount on car insurance because owning a home requires a higher level of personal finance.
- Data Collection Discounts – Drivers that enable driving data submission to monitor driving manner remotely like Allstate’s Drivewise might see lower rates if they are good drivers.
- E-sign Discounts – A few larger online companies may give you up to $50 for signing up online.
- Sign Early and Save – Select car insurance companies give a discount for switching to them prior to the expiration date on your current M6 insurance policy. This discount can save up to 10%.
- Government Employee Discount – Active or retired federal employment may reduce rates when you quote San Antonio car insurance depending on your company.
Drivers should understand that many deductions do not apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way.
The illustration below visualizes the comparison of BMW M6 yearly insurance costs with and without discounts applied to the policy rates. The premium estimates are based on a female driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, full physical damage 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, claim-free, and multi-car discounts applied.
Larger car insurance companies and a selection of discounts include:
- State Farm may have discounts that include good driver, accident-free, multiple policy, safe vehicle, and defensive driving training.
- Esurance may offer discounts for online shopper, homeowner, DriveSense, emergency road assistance, multi-car, online quote, and Pac-12 alumni.
- Progressive may include discounts for online quote discount, multi-vehicle, multi-policy, online signing, continuous coverage, good student, and homeowner.
- Liberty Mutual has discounts for newly retired, good student, hybrid vehicle, exclusive group savings, and multi-policy.
- Auto-Owners Insurance discounts include safe vehicle, safe driver, anti-lock brakes, teen driver, and paid in full.
- GEICO includes discounts for multi-policy, seat belt use, membership and employees, daytime running lights, multi-vehicle, federal employee, and air bags.
If you need lower rates, check with all companies you are considering which discounts you may be entitled to. Some credits might not apply in San Antonio. To view insurance companies that offer some of these discounts in San Antonio, click here to view.
Three reasons car insurance is important
Even though it can be expensive, paying for car insurance is not optional due to several reasons.
- Just about all states have mandatory insurance requirements which means you are required to carry a specific level of liability coverage if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your BMW has a loan, most lenders will require you to have full coverage to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender will be forced to insure your BMW at a more expensive rate and require you to reimburse them the higher price.
- Car insurance preserves both your BMW and your assets. Insurance will pay for medical expenses incurred in an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense in the event you are sued. If your vehicle suffers damage from an accident or hail, your car insurance policy will cover the damage repairs after a deductible is paid.
The benefits of insuring your M6 more than cancel out the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver is overpaying more than $820 a year so smart consumers compare quotes once a year at a minimum to ensure rates are competitive.
You are unique and your insurance should be too
When choosing a policy, there really is no perfect coverage plan. Every insured’s situation is different and a cookie cutter policy won’t apply.
Here are some questions about coverages that can help discover whether you would benefit from professional advice.
- How do I insure my teen driver?
- Is water damage covered by my policy?
- Why am I required to get a high-risk car insurance policy?
- How can I force my company to pay a claim?
- Is my camper covered for physical damage?
- Do I have ACV or replacement cost coverage?
- Should I bundle my homeowners policy with my auto?
- Should I put collision coverage on all my vehicles?
- Am I covered when driving a rental car?
If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.
Exclusive or independent insurance agencies
Many drivers would prefer to visit with an insurance agent and that is just fine! A good thing about comparing insurance prices online is you can get cheap auto insurance rates but still work with a licensed agent.
To help locate an agent, after submitting this simple form, your information is emailed to local insurance agents in San Antonio that provide free San Antonio car insurance quotes and help you find cheaper coverage. It’s much easier because you don’t need to drive around due to the fact that quote results will go directly to your email. You’ll get the best rates without a big time investment. If you want to get a price quote from a specific company, you can always jump over to their website and submit a quote form there.
Picking an company requires you to look at more than just a cheap price. These are some questions your agent should answer.
- Is vehicle damage repaired with OEM or aftermarket parts?
- Does the agent help file claims?
- Which members of your family are coverage by the policy?
- How is replacement cost determined on your vehicle?
- Are you getting all the discounts the company offers?
- Do they get extra compensation for selling add-on coverages?
Types of auto insurance agents in San Antonio
When researching a local San Antonio insurance agent, there are a couple of different types of agencies and how they differ in how they can insure your vehicles. Auto insurance policy providers can be classified as either independent or exclusive.
Exclusive Auto Insurance Agencies
These agents can usually just insure with one company like Farmers Insurance, American Family, State Farm and Allstate. They are unable to compare rates from other companies so they have to upsell other benefits. Exclusive agents are well schooled on the products they sell which helps overcome the inability to quote other rates. Drivers often choose to use a exclusive agent partially due to loyalty to the company and solid financial strength.
Below is a list of exclusive insurance agencies in San Antonio who can help you get comparison quotes.
- Robert Tijerina – State Farm Insurance Agent
8802 Potranco Rd Ste 105 – San Antonio, TX 78251 – (210) 684-3800 – View Map - Paul Wittmaier – State Farm Insurance Agent
16613 Huebner Rd – San Antonio, TX 78248 – (210) 493-3577 – View Map - Diana Ybarra – State Farm Insurance Agent
420 Jackson Keller Rd – San Antonio, TX 78216 – (210) 366-0086 – View Map
Independent Agents
Agents that elect to be independent are not restricted to one company so they have the ability to put coverage with many different companies and find the cheapest rate. To move your coverage to a new company, they simply move the coverage in-house which makes it simple for you. When comparison shopping, it’s a good idea to contact several independent insurance agents to ensure the widest selection of prices. A lot of them also have access to companies that do not advertise much that can offer cheaper rates than bigger companies.
Below are independent insurance agents in San Antonio who can help you get comparison quotes.
- Legion Insurance Agency
5309 Wurzbach Rd – San Antonio, TX 78230 – (210) 693-1501 – View Map - Atlas Insurance Agency,Inc
1954 SW Military Dr – San Antonio, TX 78221 – (210) 927-2277 – View Map - Bapodra Insurance Agency, Inc
8607 Wurzbach Rd #101 – San Antonio, TX 78240 – (210) 696-1133 – View Map