BMW Car Insurance

BMW is a German multinational corporation that manufactures luxury vehicles. It was founded in the year 1916 as a manufacturer of aircraft engines. The automobile products of the company are promoted under the brands BMW, Mini and Rolls-Royce and motorcycles are marketed under the brand BMW Motorrad. In 2015, BMW became the world's 12th largest producer of motor vehicles with over 22 lakh vehicles produced. The company has its headquarter in Munich and holds significant motorsport history in Formula 1, Sports Cars, Touring Cars, and the Isle of Man TT.

BMW India began its operations in the year 2007. The extensive range of its facilities comprises a production unit in Chennai, a warehouse in Mumbai, a training centre in Gurgaon and NCR and the development of a dealer organisation across major metropolitan centres of India. BMW Group Plant Chennai began its operations in the year 2007. BMW Group Plant Chennai generally manufactures 11 car models which include BMW 3 Series, BMW 3 Series Gran Turismo, BMW 5 Series, BMW 6 Series Gran Turismo, BMW 7 Series, BMW X1, BMW X3, BMW X4, BMW X5, BMW X7 and MINI Countryman.

Car Insurance Renewal Process for BMW Cars

When it comes to the car insurance renewal process, it becomes quite simple and fast when done online. The renewal process is compulsory to keep the car insurance policy active for which you need to renew it before its expiry date. Here are the steps to renew the BMW car insurance policy online:

Step 1: Visit the website of the InsuranceDekho and choose on the ‘Car’ tab.

Step 2: Enter your BMW car’s Registration Number and click on the ‘Proceed’ tab. Choose your BMW car’s variant and fuel type to move further. If you do not know your BMW car’s registration number, in such a case, you can also select the ‘Don't know your car number?’ tab and choose your car’s brand, model, fuel type, variant, registration year and city, and RTO to continue.

Step 3: Enter the expiry date of your last car insurance plan and the name of your last car insurance company. In addition to this, you should also share if you have made any car insurance claim during the previous policy year and click on the ‘Continue’ tab to proceed.

Step 4: Enter your personal details like name, mobile number and the time for which you want your car to be insured under a car insurance policy and click on the ‘Submit and Get Quotes’ tab.

Step 5: You will get car insurance policy premium quotes from different car insurance policies on your screen. Choose a car insurance policy quote after making a comparison based on your requirements and budget. At this stage, you can also opt for some add-ons of your choice.

Step 6: Click on the ‘Buy Now’ button and check all the entered details before initiating the payment process for your BMW car insurance policy renewal. There are several payment gateways with which you can make payment like debit card, credit card, online wallets and net banking options. After making the payment for the car insurance renewal process, the insurance company issues the car insurance policy document instantly and sends it directly to the registered Email ID.

Claim Cashless Car Insurance For BMW Cars

Cashless car insurance is a great facility offered by insurance companies to allow you to get your BMW car repaired for free. To avail this option, you need to inform your insurance company immediately after an accident to initiate the process and take your car only to a network garage of your insurance company. Under this process, your BMW car can get repaired after an accident or a mishap without paying anything for the repair work as the repair bill will be paid by your insurer on your behalf after going through your documents and invoice.

The cashless car insurance option saves you from making a hefty payment for car repair immediately after an accident. To avail cashless car insurance claim, you should submit lesser documents and have to go through fewer formalities when compared to the reimbursement process. Under the cashless claim process, the insurer sends the surveyor to examine the extent of damage which speeds up the process and makes it transparent. The insurance companies give authorization to only those garages which clear their quality test, hence, getting your BMW car repaired from a network garage to get a cashless claim will help your car get the best repair service free of cost.

Documents Required for BMW Car Insurance Claim

Following are the documents you will require to file a BMW Car Insurance claim:

• Claim Form duly filled
• Car Insurance Policy Document
• Copy of Driver’s Licence
• Copy of Registration Certificate
• Copy of FIR
• Coy of Pollution Under Control Certificate (PUC)
• For Claims more than Rs. 1 Lakh - PAN Card
• Satisfaction Voucher

Steps to File BMW Car Insurance Claim

Follow the below-mentioned steps to file a claim for your BMW car:

Step 1: In case of a road accident, vandalism or theft visit your nearest police station and file an FIR. A copy of the FIR will be needed for the claim process. For natural or manmade calamities take a video or photographs that clearly show the damage if possible.

Step 2: Inform the insurance provider as soon as possible. Make sure to check with them and confirm the list of documents you are required to provide. The standard list of documents required is mentioned above.

Step 3: Submit the claim form along with the required documents to the insurance provider.

Step 4: If your car needs to repair the insurance provider will schedule a surveyor to visit and assess the damage to your car. They will then write a report and the claim approved accordingly.

Step 5: After the claim goes through a verification process and is approved you can take your car to a network garage and get it repaired. After the necessary repairs are done and you are satisfied, sign the voucher and the insurance company will handle the cost of the repairs in a cashless manner.

In case you choose to visit a non-network garage, the insurance provider will compensate the amount after the repairs are done and you submit the original receipts, taking into account the IDV of your car.

If the claim was made for a case of total loss or theft, the insurance company will reimburse the compensation only after you give them the keys, paperwork and any other item related to your car.

Covered Vs Non-Covered Under BMW Car Insurance

Covered

• Death, disability and property damage for third-party car insurance
• Loss due to fire, explosion and ignition.
• Damages due to natural disasters such as cyclones & Collisions
• Accidental damages due to road accidents & collisions

Not-Covered

• Damages of the vehicle when driven under the influence of alcohol or drugs.
• Electric or mechanical breakdown of the vehicle that is insured.
• Loss of the insured BMW vehicle when driven outside the geographical location.
• Any damage to the insured BMW when used for commercial purposes.