No one likes over-paying so we ran a number of similar quotes with just one variation in each to highlight how little changes to your driving habits or your car (if you are still deciding between different models) can have a dramatic affect on the price. To calculate the change we took an average insurance quote of £819 with an average driver profile.
Automatic engine vs. manual engine
Automatic: £743 vs Manual: £819
If you have not yet purchased your car then we would recommend running a quote for both an automatic and a manual gearbox as our tests found a difference of almost 10% per year!
Mileage per year:
10k: £819 vs 20k: £1,000
Be careful not to over estimate your mileage as our quotes showed a saving of almost 20%, demonstrating that it pays to take the time to figure out your actual mileage each year. A word of warning though, do not give a false mileage figure to reduce your quote as it may invalidate your insurance in the event of a claim.
Voluntary excess of £200: £819 vs voluntary excess of £500: £714
Deciding on the amount of excess you are willing to pay voluntarily in the event of any claim is tricky. It may be appealing to go for a higher excess in the mindset that you will not claim in the year etc. but this higher excess will really sting in the unfortunate event that you have to make a claim. Even if you consider yourself to be THE best driver you still cannot account for other drivers on the road, you may even need to claim on your insurance if your parked car is hit whilst you are nowhere near it.
Alarm, Tracking Device & Immobiliser
None: £819 vs all: £724
Having a vehicle with all of the above fitted reduces the risk of insuring your car which rewards you with a saving. It may be something to bear in mind if you are currently in the market for a 3 Series.
Age of Vehicle
2018: £819 vs 2010: £780
The age of your BMW will affect your insurance but it may not affect it as you think. Most people are of the belief that the cheaper the car the lower the insurance however this is not always true. It pays to check before you buy your car.
Modifications (Rear roof spoiler and chipped engine)
Not modified: £819 vs modified: £883
Modifications indicate higher risk to an insurance provider so if you can you should try and stay away from them. If you do modify your car in any way whilst you are insured you will need to advise your insurance provider immediately.