Affordable Insurance for a BMW 328i in Portland

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Insurance rates BMW 328i in PortlandDid budget coverage turn out to be overpriced BMW 328i insurance in Portland? Don't feel bad because you are not the only one feeling buyer's remorse.

Surprisingly, a recent survey revealed that the majority of drivers kept their coverage with the same car insurance company for a minimum of four years, and approximately 40% of consumers have never even compared quotes to find cheap rates. With the average car insurance premium being $1,700, Oregon drivers could save approximately 60% every year, but they don't understand how simple it is to find cheap rates by getting comparison quotes.

How to find cheaper rates for BMW 328i insurance in Portland

If you want to save the most money, the best way to get budget BMW 328i insurance in Portland is to start comparing prices yearly from insurance carriers who provide auto insurance in Oregon.

  • First, get an understanding of auto insurance and the steps you can take to keep rates low. Many rating factors that result in higher rates such as traffic citations, accidents, and an unacceptable credit score can be eliminated by making minor changes to your lifestyle. This article gives more details to help reduce premium rates and find available discounts that you may qualify for.
  • Second, compare rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from a single company like GEICO or Allstate, while independent agents can quote prices from many different companies.
  • Third, compare the new rate quotes to the price on your current policy to see if cheaper 328i coverage is available in Portland. If you can save some money and switch companies, make sure there is no lapse in coverage.
  • Fourth, tell your current agent or company of your decision to cancel the current policy and submit a signed application and payment for the new coverage. Be sure to put the new certificate verifying coverage along with your vehicle registration.

A tip to remember is that you use identical coverage information on each quote and and to compare as many companies as possible. Doing this enables a fair price comparison and a good representation of prices.

Insurance companies such as State Farm, Farmers Insurance, GEICO and Allstate all claim big savings, bombarding you with ad campaigns and it is challenging if not impossible to ignore the promise of big savings and effectively compare rates to find the best deal.

Consumers should take time to take a look at other company's rates occasionally because prices are usually higher with each renewal. Even if you think you had the lowest quotes on BMW 328i insurance in Portland a few years ago there is a good chance you can find better rates now. Block out anything you think you know about car insurance because we're going to show you the best way to lower your annual insurance bill.

Ways to get BMW 328i insurance price quotes in Portland, OR

Getting a cheaper price on BMW 328i insurance doesn't have to be difficult. Drivers just need to take time getting comparison quotes provided by online insurance companies.

Comparison shopping price quotes online is easy and it replaces the need to actually drive to each insurance agency near you. Doing it all online eliminates this option unless you have a complicated situation and need the peace of mind that you can only get from talking to an agent. Drivers can find lower rates online but buy from a local insurance agent.

The auto insurance companies shown below offer price comparisons in Portland, OR. To locate the cheapest car insurance in OR, it's highly recommended you get price quotes from several of them to find the cheapest auto insurance rates.

Coverage statistics and figures

The coverage table shown below highlights a range of insurance prices for BMW 328i models. Having a better idea how rates are calculated can help you make smart choices when purchasing an auto insurance policy.

BMW 328i Insurance Rates in Portland, OR
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
328I 4-Dr Sedan $132 $256 $300 $18 $90 $796 $66
328I 4-Dr Sedan $132 $256 $300 $18 $90 $796 $66
328I Station Wagon $148 $294 $256 $16 $76 $790 $66
328I 2-Dr Coupe $148 $294 $256 $16 $76 $790 $66
328I 2-Dr Coupe $148 $294 $256 $16 $76 $790 $66
328I xDrive 4-Dr Sedan $148 $294 $300 $18 $90 $850 $71
328I xDrive 4-Dr Sedan $148 $294 $300 $18 $90 $850 $71
328I 2-Dr Convertible $148 $294 $300 $18 $90 $850 $71
328I 2-Dr Convertible $148 $294 $300 $18 $90 $850 $71
328I 2-Dr Coupe $148 $294 $256 $16 $76 $790 $66
328I xDrive 2-Dr Coupe $148 $294 $256 $16 $76 $790 $66
328I xDrive Station Wagon $148 $294 $256 $16 $76 $790 $66
Get Your Own Custom Quote Go

Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rate information does not factor in specific zip code location which can raise or lower premiums significantly.

The chart below demonstrates how deductible levels and can increase or decrease BMW 328i insurance prices for each age group. The premiums assume a married male driver, full physical damage coverage, and no additional discounts are factored in.

How accidents and violations affect rates in Portland

The diagram below shows how speeding tickets and accident claims can drive up BMW 328i annual premium costs for different age categories. Data assumes a married female driver, full physical damage coverage, $250 deductibles, and no discounts are applied.

Best reasons to buy auto insurance in Oregon

Despite the fact that auto insurance is not cheap in Portland, maintaining insurance is mandatory in Oregon but it also protects more than you think.

First, almost all states have mandatory liability insurance requirements which means you are required to carry specific minimum amounts of liability coverage in order to drive the car. In Oregon these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.

Second, if you have a lien on your BMW 328i, most banks will stipulate that you have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank will be required to insure your BMW for a much higher rate and require you to pay the higher price.

Third, insurance safeguards not only your BMW 328i but also your assets. Insurance will pay for medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay for a defense attorney if you are sued as the result of your driving. If you have damage to your BMW as the result of the weather or an accident, your auto insurance policy will pay to repair the damage.

The benefits of buying enough insurance definitely exceed the price paid, especially for larger claims. According to a survey of 1,000 drivers, the average driver is overpaying more than $865 each year so compare rate quotes at every renewal to help ensure money is not being wasted.

Reduce Insurance Rates with These Tips

Multiple criteria are used in the calculation when premium rates are determined. Some factors are common sense like a motor vehicle report, but some are less apparent such as your marital status or your financial responsibility. Consumers need to have an understanding of the different types of things that come into play when calculating your car insurance rates. If you understand what determines premiums, this helps enable you to make changes that may reward you with lower rates.

Shown below are some of the most common factors car insurance companies consider when setting rates.

  • Job stress can make you pay more - Careers like judges, social workers, and emergency personnel usually pay the highest rates attributed to intense work requirements and lots of time spent at work. On the other hand, occupations like scientists, engineers and retirees pay lower than average rates.
  • Incidental coverages you don't need - Insurance policies have a lot of extra coverages that sound like a good idea at the time if you don't pay attention. Coverage for things like rental car reimbursement, towing, and extra life insurance coverage may be wasting your money. They may seem like a good idea when discussing your needs, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
  • Single vs. married - Having a spouse can actually save you money when shopping for car insurance. Marriage means you're more responsible it has been statistically shown that drivers who are married file infrequent claims.
  • Safer occupants lowers rates - Cars with five star safety ratings tend to have lower insurance rates. Vehicles built for safety result in less severe injuries and better occupant protection means your insurance company pays less and thus lower rates.
  • How many coverages with the same company - Many insurers will award a discount to clients who buy several policies from them such as combining an auto and homeowners policy. Even if you qualify for this discount already, consumers should still shop around to verify if the discount is saving money. Consumers may find a better deal by splitting coverages up.

Earn discounts to get lower-cost Portland insurance quotes

Buying insurance is not cheap, but there could be significant discounts that you may not even be aware of. Certain discounts will be triggered automatically at the time you complete a quote, but occasionally some discounts must be specially asked for in order for you to get them.Insurance discounts

  • Defensive Driver Discounts - Taking part in a safe driver class may get you a small discount if your company offers it.
  • Federal Employees - Simply working for the federal government may qualify for a discount when you quote Portland auto insurance but check with your company.
  • Seat Belt Discounts - Drivers who require all vehicle occupants to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Data Collection Discounts - Portland drivers who agree to allow driving data submission to spy on when and where they use their vehicle by using a telematic data system such as Allstate's Drivewise and State Farm's In-Drive system may get a rate reduction as long as they are good drivers.
  • Claim-Free Discount - Insureds who avoid accidents and claims are rewarded with significantly better rates on Portland auto insurance quote as opposed to accident-prone drivers.
  • Bundle and Save - If you have multiple policies and insure them with the same company you could earn a discount of 10% to 20% off each policy.

Please keep in mind that most credits do not apply to the entire cost. Some only reduce individual premiums such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, you aren't that lucky.

The diagram below visualizes the comparison of BMW 328i premium costs with and without some available policy discounts. Data assumes a male driver, no claims, a clean driving record, Oregon 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 claim-free, multi-policy, marriage, multi-car, safe-driver, and homeowner discounts applied.

Auto insurance companies that may include most of the discounts above possibly include:

Before purchasing a policy, check with each company or agent which discounts can lower your rates. Some discounts might not be offered on policies in Portland. To see a list of companies with discount insurance rates in Oregon, click this link.

Which policy gives me the best coverage?

When selecting the right insurance coverage, there really is not a single plan that fits everyone. Every situation is different.Insurance savings

For instance, these questions may help highlight if your insurance needs could use an agent's help.

  • Will damage be repaired with OEM parts?
  • How much liability coverage do I need in Oregon?
  • Do I need PIP (personal injury protection) coverage in Oregon?
  • What does roadside assistance cover?
  • Is extra glass coverage worth it?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered if I back into my garage door?

If you can't answer these questions then you might want to talk to a licensed agent. If you don't have a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

Insurance agents can help

Some people prefer to buy from a licensed agent and that is not a bad decision Agents can make sure you are properly covered and will help you if you have claims. A good thing about price shopping on the web is the fact that you can find cheap rate quotes and still choose a local agent.

To find an agent, once you fill out this quick form, the quote information is emailed to companies in Portland that give free quotes and help you find cheaper coverage. You won't need to drive around since price quotes are sent instantly to you. If you need to get a comparison quote for a specific company, just jump over to their website and fill out the quote form the provide.

Picking an insurance company is decision based upon more than just the price. Agents should be asked these questions:

  • How are claims handled?
  • Is their price quote a firm figure or are their hidden costs?
  • Does the company allow you to choose your own collision repair facility?
  • Do you work with a CSR or direct with the agent?
  • How much can you save by raising your physical damage deductibles?
  • Do they regularly work with personal auto policies in Portland?

If you need to find a good Portland insurance agent, it's helpful to know the types of insurance agents and how they can quote your rates. Auto insurance agencies are classified as either exclusive or independent (non-exclusive). Both write policy coverage, but it's worth learning how they are different because it can influence your agent selection.

Exclusive Insurance Agencies

These type of agents write business for a single company and examples are AAA, State Farm, Farmers Insurance, and Allstate. They are unable to place coverage with different providers so you might not find the best rates. They are usually well trained on their products and sales techniques which helps them compete with independent agents.

Shown below is a short list of exclusive insurance agencies in Portland that can give you comparison quotes.


101 SW Main St #915 - Portland, OR 97204 - (503) 222-6601 - View Map


14146 SE Stark St - Portland, OR 97233 - (503) 253-2110 - View Map


3118 NE Broadway St - Portland, OR 97232 - (503) 282-4569 - View Map

View more Portland agents

Independent Auto Insurance Agents

These agents can quote rates with many companies and that is an advantage because they can write policies with lots of companies and get the cheapest rates. If your agent finds better pricing, your policy is moved internally without you having to go to a different agency.

When shopping rates, you will definitely want to check rates from several independent agencies to have the most options to choose from.

Listed below are Portland independent insurance agencies willing to provide price quote information.


9201 SE 91st Ave - Portland, OR 97086 - (503) 698-3833 - View Map


10402 NE Sandy Blvd - Portland, OR 97220 - (503) 256-2020 - View Map


5845 SE 82nd Ave - Portland, OR 97266 - (503) 777-5406 - View Map

View more Portland agents

The lowest rates come from being thorough

When trying to cut insurance costs, never skimp on critical coverages to save a buck or two. In many instances, an insured cut liability limits or collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at the best price, but don't skip important coverages to save money.

Throughout this article, we presented many ideas to compare BMW 328i insurance car insurance rates in Portland. It's most important to understand that the more quotes you get, the higher the chance of saving money. Drivers may even discover the lowest priced auto insurance comes from the smaller companies.

There are still a few companies who do not offer online price quotes and these small, regional companies only sell through independent insurance agencies. Discount BMW 328i insurance is definitely available on the web and with local Portland insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates.

How to quote cheaper BMW 328i insurance in Portland

If you want to save money, the best way to find cheaper BMW 328i insurance in Portland is to make a habit of regularly comparing prices from different companies that insure vehicles in Oregon. Prices can be compared by following these guidelines.

First, spend a few minutes and learn about auto insurance and the measures you can take to drop your rates. Many risk factors that result in higher rates like accidents, careless driving, and poor credit history can be amended by making small lifestyle or driving habit changes.

Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive and State Farm, while independent agencies can give you price quotes from multiple companies.

Third, compare the new quotes to the premium of your current policy and see if you can save money. If you find a better price, make sure there is no lapse between the expiration of your current policy and the new one.

Fourth, give notification to your agent or company of your intent to cancel your current auto insurance policy. Submit a down payment along with a completed application to your new carrier. Immediately upon receiving it, place your new certificate of insurance in an easily accessible location in your vehicle.

One key aspect when comparing rates is to try to compare identical deductibles and limits on every price quote and and to get price quotes from as many companies as you can. This provides an apples-to-apples comparison and plenty of rates choose from.

Additional information can be found on the following sites: