Bmw 5 Series Insurance

BMW 5 Series Summary

BMW 5 Series is a 5 seater luxurious sedan widely praised for its exquisite design, innovative features and unique driving dynamics. The car is available in 3 variants and 3 engine options that are BS6 compliant. It comes with a 2993 cc engine with an automatic transmission option to deliver an average of 20.37 kmpl. The BMW 5 series has a solid build and well-balanced ride quality feature that gives an impressive driving experience. Apart from this, it is equipped with an array of security features that includes an anti-lock braking system, driver and passenger airbag, central locking, brake assist, anti-theft alarm, engine check warning, child safety locks and many more.

BMW 5 Series Car Insurance

As per the Indian Motor Tariff, all the car owners in India have to carry at least a third party car insurance policy while driving a car. It is a basic car insurance policy that is designed to compensate your financial liabilities that arise towards a third party after an accident with the insured car. Driving a car without a third party policy can penalise you with a fine of Rs. 2,000 and/or imprisonment of up to 3 months. Therefore, you should buy a BMW 5 Series car with at least a third party insurance plan.

Types of Car Insurance Covers

Different types of car insurance plans which you can buy for your BMW 5 Series car comprise:

1. Third Party Cover

The most basic car insurance policy is known as third party cover. It provides coverage for liabilities you own towards a third party for their bodily injuries, death, disability and property damage sustained due to an accident with the involvement of the insured car. The property damage cover gives coverage under this cover is limited to Rs. 7.5 lakh.

2. Own-Damage Cover

This own-damage car insurance is meant to cover damages sustained by your car due to a road accident, fire, theft, natural disaster, strikes, and so on. This car insurance plan is meant only to cover your own car and provide no coverage is given for a third party under this policy. It also provides permission to add a few add-on covers for extended policy coverage.

3. Comprehensive Cover

The comprehensive car insurance is a holistic cover that provides coverage for third party liabilities as well as own damages sustained by your car in an unforeseen incident. It gives complete protection with its extensive insurance coverage due to which it costs relatively higher in comparison to the other types of insurance covers. Also, the add-on covers can also be included in this policy to expand the policy coverage by paying an additional premium.

How to Buy Insurance for BMW 5 Series via InsuranceDekho?

Below are the steps following which you can buy a car insurance policy from the InsuranceDekho portal:

Step 1: Go to the official website of InsuranceDekho.

Step 2: Enter your car number. If you don’t know, you can also enter your car’s brand, model, variant, fuel type, registration location, and so on.

Step 3: Enter your name and mobile number and get the best policy quotes for you.

Step 4: Select the most suitable policy that best suits your budget and requirements.

Step 5: Pay the premium for the selected policy and get the policy document via email.