BMW Car Insurance
One of the most popular car manufacturers, BMW, offers high-quality and luxurious cars in India.
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About BMW India
Bayerische Motoren Werke AG (BMW) is a German automotive manufacturer of luxury vehicles headquartered in Munich, Germany.
The company manufactures automobiles under BMW, Mini and Rolls-Royce. The premium car company announced its business operations in India in 2006, with a head office in Gurugram.
The assembly plant in Chennai assembles Series, 5 Series, 7 Series, X1, X3, X5, and Mini Countryman models in India.
BMW Car Models Car Insurance Price
BMW Car Models (2023
Registration) |
Ex-showroom Prices |
Insured Declared Value* (IDV) |
Zero Depreciation* (Add-on Cover) |
Estimated BMW Car Insurance Price* (1+3 Bundled Policy) |
| 330Li M Sport |
Rs. 60,60,000 |
Rs. 57,57,000 |
Rs. 19,804 |
Rs. 87,445 onwards |
| 220i M Sport |
Rs. 43,50,000 |
Rs. 41,32,500 |
Rs. 14,216 |
Rs. 70,960 onwards |
| X7 xDrive40i M Sport |
Rs. 1,27,00,000 |
Rs.1,20,65,000 |
Rs. 41,504 |
Rs. 151,459 onwards |
| 630i M Sport |
Rs. 72,50,000 |
Rs. 68,87,500 |
Rs. 23,693 |
Rs. 98,918 onwards |
*Disclaimer: The above-mentioned prices depend on make, model, variant, coverage type, add-ons, and NCB. The insurance price is for a brand-new BMW registered under DL1 RTO..
BMW Car Insurance Premium Calculator
A BMW car insurance premium calculator is an online tool that lets a car owner calculate the OD premium of his/her BMW before purchasing a policy. This calculator requires the following details to find an estimated BMW insurance premium:
- Car's make, model
- Variant and fuel type
- Car's RTO and registration year
- NCB and previous claim details
- Ex-showroom price
BMW Car Insurance: Add-Ons
The coverage of a BMW car insurance policy can be enhanced by purchasing additional covers at a nominal extra premium. These add-ons include:
- Roadside Assistance Cover
- NCB Protect Cover
- Zero Depreciation Cover
- Consumables Cover
- Engine Protect Cover
- Personal Belongings Cover
- Tyre Protect Cover
How to Buy/Renew BMW Insurance Online?
If you are planning to get a BMW for yourself or already have one, make sure to cover it with a valid four-wheeler insurance policy. Here is how you can buy or renew car insurance online for your BMW from Policybazaar.com:
- From the official website, click on the “Car Insurance” tab
- On the given form, enter your car number or select the option “Brand New Car”
- Select your car’s RTO from the list
- Now select the make, model, variant, fuel type and registration year of your car
- Fill in the proposal form and proceed to car insurance quotes
- From the given BMW insurance plans of multiple insurers, choose the one that suits your needs
- Select add-ons you wish to add to your plan
- Pay the final premium using bank cards, UPI or Net banking
- Once you have paid the premium, your BMW car insurance policy document will be mailed to you.
How to Raise a BMW Car Insurance Claim?
To raise a BMW insurance claim, follow the steps mentioned below:
- Inform the insurer as soon as your car meets with an accident
- Upon claim registration, a surveyor will be sent to assess the damages sustained by your car
- Now submit the required documents for the claim to be verified
- Once the claim has been verified, the insured car will be sent to an authorised network garage for repairs
- After the repairs, the insurer will directly settle your claim with the network garage
- If the car has been repaired in a non-network garage, the insurer will reimburse you the claim amount after the repairs.
Documents Required to Raise BMW Car Insurance Claim
Following are the documents needed to raise a claim for your BMW car:
- Car insurance documents
- Duly signed and filled claim form
- Vehicle’s registration certificate
- Copy of Police FIR (for third-party and theft cases)
- KYC
