Liberty Mutual is a top provider with a number of unique add-ons and options to fully cover your BMW. One of the most unique add-ons is the better car replacement coverage, which guarantees you a new car with 15,000 fewer miles than your old, totaled car.
According to research by Edmunds, some cars can depreciate by more than 20 percent in the first year. This means you can get the most out of replacement coverage in the first five years of ownership.
Flexible Add-ons and Coverage
According to Kelly Blue Book, the lowest prices for new 2022 BMWs start at around $30,000, which makes add-on coverages like original parts and new car replacement all the more valuable.6 With Liberty Mutual, you can add the following types of coverage:
- Accident forgiveness
- Better car replacement coverage
- Deductible fund, which helps pay for any out-of-pocket payments for accidents
- Gap insurance
- Lifetime repair guarantee
- Mexico car insurance
- New car replacement for the first model year and 15,000 miles
- Auto insurance for teachers
Pricing Based on Driving Habits
Safe drivers should apply to Liberty Mutual’s RightTrack program to earn additional savings to insure your BMW. You receive a discount just for signing up, and the program will track your driving habits automatically through the Liberty Mutual app. If you’re a New York resident, you’ll need to use the RightTrack Plug-in device.
After 90 days, the app will assess your driving habits based on your speed, braking, mileage, and other metrics. A positive driving assessment can earn up to 30 percent off on your coverage; however, your car insurance costs could increase if you display risky behavior.
Mobile-Friendly Policy Management
Liberty Mutual offers a user-friendly mobile app that is highly rated for both iOS (4.8 out of five stars) and Android (4.7). Through the app, you can pay your bills, track claims, review your policy, and adjust your coverage.
Additionally, you can use the accident support features to take photos of accidents in real time and call for roadside assistance. Finally, the Coverage Customizer Tool is a great way to look for discounts in your next renewal, break down your current policy, or see what your coverage looks like after a claim — all from the comfort of your phone.