BMW insurance

Who better to insure your BMW than the company that manufactured it? BMW insurance provides comprehensive cover for any BMW fitted with the advanced electronic anti-theft system, and, like other comprehensive policies, covers the veihlce for theft, hijacking, loss and damage as a result of lightning, hail, storm, fire, and accidental damage.

The comprehensive insurance policy can be complemented with a credit protection, deposit protection, excess protection and installment protection. Policies are also available for BMW motorcycles under the Motorrad insurance policy.

BMW comprehensive insurance

Catering specifically for the high expectations of BMW drivers, the policy replaces any total loss (whether by theft or write-off) with a brand new vehicle if it is lost in the first year. Vehicles older than a year are replaced with one of similar value from a BMW Premium Selection dealer.

The cover also provides six weeks of free car hire in the event of theft and hijacking, as well as audio cover, windscreen cover and replacement of lost keys. Lost or stolen key replacement replaces the entire set up to the value of R5,000 with no excess without affecting your bonus. All damaged BMWs are repaired at a BMW Approved Repair Centre.

BMW credit protection insurance

If your vehicles is financed, the credit protection insurance plan will settle the account in the event that the owner dies, becomes disabled or contracts a dreaded disease. The cover also provides credit cover in the event of retrenchment and hospitalization for self-employed individuals as well as a temporary disability (as a result of accident of illness) by paying up to four months installments. What’s more, BMW’s credit protection insurance also covers the insured for rejected claims made on the comprehensive or other insurance policies.

The Help-U-Pay benefit pays 10 months worth of installments should an unseen event occur and you are unable to pay. This is especially beneficial for the period during which the owner’s estate is wrapped up.

BMW top up insurance

Shortfall cover is available on the BMW top up insurance policy. (Shortfall cover pays the difference between the amount the comprehensive insurance policy pays out and the amount owing on the financed vehicle, which is often not the same.) The cover also includes deposit protection up to R100,000, installment protection until the claim is processed or rejected and excess protection which covers either 10% of the vehicle’s value or R100,000.

For more information on BMW insurance or BMW motorcycle insurance, visit the BMW finance website.