Many affordable auto insurance options are available to BMW 3 Series drivers, including state minimum and full coverage. Feel free to select from various basic packages and add-ons, including but not limited to underinsured/uninsured motorists, roadside assistance, and rental car reimbursement.
Full coverage comprises a mix of policies, the most notable being liability, collision, and comprehensive.
Liability provides third-party benefits, covering the cost of damages and injuries sustained by third parties in an at-fault accident you cause. In turn, collision and comprehensive provides first-party benefits, covering the cost of repairs to your vehicle due to collision and non-collision-related damages.
Although full coverage does not always include optional selections like roadside assistance, rental car reimbursement, and gap insurance, selecting any add-ons may offer greater peace of mind, depending on your driving habits. Plus, they cost no more than a few dollars extra per year, so one or more of these options may be worth having.
State Minimum Liability
Every state requires that its drivers carry minimum liability requirements for bodily injury and property damage.
For example, all Iowa drivers must carry limits of $20,000 in bodily injury per person, $40,000 in total bodily injury per accident, and $15,000 in property damage per accident. In turn, Kansas drivers have a minimum of $25,000 in bodily injury per person, $50,000 in total bodily injury per accident, and $25,000 in property damage, along with $25,000 per person and $50,000 per accident in uninsured motorist coverage.
It is highly recommended that you carry a minimum 100/300/100 policy, which offers substantially greater protection. Even a single at-fault accident could cost $45,000 worth of property damage, which easily eclipses Iowa’s minimums. If your limits are too low, you will be forced to pay for damages and injuries out of pocket, resulting in potential lawsuits by third parties if not paid in full and on time.