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About BMW

Bavarian Motor Works, famously known as BMW, is a German-based luxury automobile company. The organization manufactures premium cars, bikes, and engines. It was founded in the year 1916 and initially designed aircraft-engines only. BMW later moved on to produce premium bikes in 1923, followed by car production in 1928-1929.  

The BMW India operation was set up in 2006 in Gurugram, Haryana. The manufacturing unit was set up in the year 2007 in Chennai. BMW India has a wide range of premium cars and offers one of the most potent M series for sports enthusiasts.

In total, BMW has about 21 dealerships across 14 different cities in India. The list of cars sold across the country includes 7 sedan cars, 7 SUV cars, 3 coupe cars, and 1 convertible car. Some of the top-performing BMW cars in India are BMW i8, BMW X1, BMW 3 Series, and so on.

Most Popular BMW Car Models

  • BMW i8

  • BMW X1

  • BMW 3 Series

  • BMW 7 Series

  • BMW X5

  • BMW M5

  • BMW 5 Series

Why Is It Important To Insure Your BMW Car?

BMW is one of the most luxurious cars and a dream car for most Indians. But when it comes to driving high-end vehicles, Indian roads certainly cannot be trusted. Hence, you should always purchase BMW Car Insurance from an appropriate provider to safeguard your precious possession.

With BMW Car Insurance available on our platform, you can protect your vehicle financially in case of accidents, theft, or loss incurred due to human-made and natural disasters. Also, it is mandatory to have car insurance under the Motor Vehicles Act, 1988.

So, if you want to enjoy long-drives in your new BMW car, make sure that you are covered with a comprehensive insurance.

Why Choose Finserv MARKETS For BMW Car Insurance?

Apart from the mandatory third-party coverage, car insurance offers the following benefits –

  • Cashless Claim Settlements – Don’t have enough cash? Well, don’t worry. With comprehensive insurance, you can seek cashless servicing at any of the network garages and claim cashless settlements.

  • 24x7 Assistance – You get 24x7 car roadside assistance which includes services like emergency repairs, towing facilities, and storage facilities

  • Easy Online Renewal – You can buy and renew car insurance online. The renewal process is quick, and you will receive the policy in no time.

  • Insurance Premium in Instalments - Pay your car insurance premiums on a monthly basis with the Bajaj EMI Card. Enjoy the protection of Car Insurance in easy instalments.

To check the car insurance premiums for policies available on Finserv MARKETS, use the car insurance calculator. The tool helps you determine the premiums and compare the prices of car insurance plans offered by other insurers as well. That way, you will be able to make an informed decision. 

Inclusions in BMW Car Insurance Policy

Car insurance plans will cover the expenses that arise due to

  • Natural or human-made disasters

  • Third-party liabilities

  • Repair and replacement

  • Terrorism

  • Strikes and riots

Exclusions in BMW Car Insurance

Our car insurance plans will not cover the expenses that arise when the –

  • Damage or loss incurred outside the stated geographical region

  • Damage is due to speeding or under the influence of intoxicants

  • An accident is caused due to nuclear exposure

  • Damage is due to war-like situations

  • Malicious activities

How to Apply For BMW Car Insurance?

Applying for BMW Car Insurance with us is quite simple. Just follow these steps –

  • Apply for car insurance on our platform

  • Fill and submit the online application form

  • You will be given a quote for approval

  • Upload the requested documents for verification and proceed to pay online

  • Upon successful payment, you will receive the BMW Car Insurance in no time

Claim Process

To make a claim on your BMW Car Insurance, follow these steps –

  • Generally, you have to file the request as soon as your vehicle incurs any damage, theft, or accident. You can register for the claim online at Finserv MARKETS

  • Provide the necessary details like the engine and chassis number, kilometer reading, accident date and time, circumstance and location of the accident, car inspection address, and police FIR report (in case of theft)

  • Take the vehicle to a network garage for repair

  • Upon submission of the requested documents, the insurer will compensate the incurred expenses

Acquire more information on filing a claim by visiting the Claims page at Finserv MARKETS online. Also, read about what is insured declared value (IDV) in car insurance on our platform.

Check Out Car Insurance Plans Available at Finserv MARKETS

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