BMW has a Special Insurance Package!?

[Insane Devil]

Hi all,

Recently i came to know from my cousin in Chennai, who has an insurance broking firm, that Bajaj Allianz has tied up with BMW and come out with a new insurance package for the BMW's which only the Dealers are supposed to market, not the insurance firms.

It goes like this..
The premium will be around 20-25% more than the normal Insurance.
In this package, there will not abe any depreciations on the claims that u make, and thee will be no "only 50% on plastic, rubber and electronics, stuff" . i.e

What he says is Everything u claim, will be paid in FULL, no deductions at all.
Also, if u even have a small scratch on the door, u can get that also done, and they will replace the door in it for u!

Now buying a BMW, which starts off from the 30lk mark, i think this package is well worth it, paying a lil more every year, and being in peace for life!

I want to know how far this is true, and if this thing really does exist! Has anyone heard of it, all u bmw owners here.

If in accident, generally the headlight goes, and its very expensive in the BMW, starts off from 30k+ for the headlamps. So in this case from insurance we can get full claim, unlike only 50% for in normal cases.

@ Sahil, if u read this thread, Did u hear about this package? or could u call up ur dealer and find out?

Thanks.

[F50]

Yes this is true, Bajaj Allianz has made a pact with them.
Im not sure but it was decided in June-July last year.

[Sahil]

I happen to speak to the dealer today regarding the extended warranty and he mentioned this insurance to me again. Even while booking I was informed abt this but I didn't take it as I had 65% no claim bonus from my previous car.
Now they are willing to transfer my insurance and bonus over, he is to get back to me with more details this week, will keep u informed. It also includes tyre insurance which is a boon for cars on run flats, I think even wear and tear is included.

[abhinav.gupta88]

This will be good for u sahil. Peace of mind. I just wish someone comes with such an isurance plans for C or D Segment cars also.

[GTO - Touring]

BMW is really going all out to get the "controlled cost of ownership" message out to potential customers, isn't it?! Lets consider the numbers....a 3 series would cost in the region of 80,000 to insure. You mention that the premium package is offered at a 20 - 25% premium and thus, about Rs. 20,000 more per year.

Good for those who need it and great to have the choice. But I probably wouldn't go for this. In the last 5.xx years of Benz ownership, we have had 0 accidents. The only insurance claim was for a front windscreen (raining coconuts!!!) where the deductible was zero.

[Insane Devil]

Originally Posted by Sahil

I happen to speak to the dealer today regarding the extended warranty and he mentioned this insurance to me again. Even while booking I was informed abt this but I didn't take it as I had 65% no claim bonus from my previous car.
Now they are willing to transfer my insurance and bonus over, he is to get back to me with more details this week, will keep u informed. It also includes tyre insurance which is a boon for cars on run flats, I think even wear and tear is included.

Sahil, u got 65% NCB!!!!! u lucky dawg! I am at 35% now, come july, and it will go up to 40%!

Well, i am sure u know this, but still informing u, If u make a claim at any time, u will lose all the NCB, and u will never again get 65% in ur life again, as the maximum now is 50% only. Only ppl who have had 65% done before the 50% rule came in, only they get to still enjoy ther 65% NCB!


BTW, i am realy happy to hear that there really is such a scheme from Bajaj Allianz, and if i end up with a BMW, will DEFINATELY go for this pack!