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icon Car Insurance icon Bmw icon 8 Series
  • Overview
  • Types
  • Addons
  • Inclusions
  • Exclusions
  • How to Buy
  • How to Claim
  • Frequent Questions

BMW 8 Series Insurance

BMW 8 Series Car is a coupe car launched in India in May 2020. The car is available in 1 variant and 5 colors. The car features stylish looks, offering you supreme performance. It is a luxury car that requires good maintenance and care. While in terms of safety too, the car offers you great comfort, but buying insurance cover for the same helps to a great extent.

Buying BMW 8 Series Car Insurance is mandatory to ensure you are protected against all the financial and legal liabilities arising out of the damages caused to the car or to the third party. It is important. You can buy or renew BMW 8 Series Car Insurance online in India on Coverfox.

Types of BMW 8 Series Insurance

third party car insurance

Third Party

This type of car insurance provides coverage to third party life and property and does not cover the insured vehicle

comprehensive car insurance

Comprehensive

This type of car insurance provides coverage to your vehicle as well as third party and property

standalone own damage car insurance

Standalone / Own Damage

This type of insurance provides coverage for your car’s damages and losses including events caused due to man made, natural calamities, and theft.

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Boost the Protection of your BMW 8 Series with these Add-ons

subtitle
No Claim Bonus

No Claim Bonus

No claim bonus is retained despite making multiple claims in one policy year.
Zero Depreciation

Zero Depreciation

Depreciation on parts made up of glass, plastic, rubber, nylon, etc. is is not taken into consideration at the time of claim.
Roadside Assistance

Roadside Assistance

Also known as breakdown cover, roadside assistance cover provides you with assistance like towing service, minor repair, spare key arrangements, etc.
Personal Accident Cover

Personal Accident Cover

This type of cover provides compensation up to Rs. 15 lakh in case the owner-driver dies, becomes disable or is injured due to an accident.
Engine Protection Cover

Engine Protection Cover

Provides coverage in case of loss or damages caused to the engine due to issues such as water ingression, oil spill, etc.
Daily Allowance Cover

Daily Allowance Cover

In case the insured’s car is damaged and is being repaired at a garage, then this type of cover provides travel allowance to take care of day to day expenses
Consumable Cover

Consumable Cover

A regular car insurance policy does not provide coverage for cost of consumables such as oil, nuts and bolts, lubricants, etc. But with this type of add-on such costs are covered.
Accessories Cover

Accessories Cover

With this add-on, you get coverage for car accessories such as vacuum cleaner, anti-theft device, battery charger, fire extinguisher, etc.
Passenger Cover

Passenger Cover

In case if the passengers traveling in the car get injured then this cover provides coverage for cost of hospitalization, ambulance charges, etc.
Invoice Cover

Invoice Cover

In the event of total loss, constructive loss or theft of the car, return to invoice cover provides the car owner up to the amount mentioned in the invoice.
Key Replacement Cover

Key Replacement Cover

This add on provides coverage for expenses arising from replacing the keys of the insured car.
Loss of Personal Belonging

Loss of Personal Belongings

With Loss of personal belongings Cover, your insurer will pay for any type of damages or losses to most of your personal belongings kept in the car.
Paid Driver Cover

Paid Driver Cover

Paid Driver Cover is quite helpful when you have an employed driver as it pays for any injuries caused to your driver in case of an accident.
Tyre Damage Cover

Tyre Damage Cover

Tyre Damage Cover comes in handy and provides a great deal of assistance in case of a flat tire while you are traveling.
RIM Damage Cover

RIM Damage Cover

Any warping or damages caused to rim is covered when you have purchased the Rim Damage Cover Add-on.
Voluntary Deductible

Voluntary Deductible

A Voluntary Deductible refers to a precise portion of the claim money that the policyholder agrees to pay out of his own pocket. This makes premium cheaper.

What's Covered under BMW 8 Series Insurance?

Accidents
Accidents
Accidents are uncertain. In case of damages caused to car due to an accident, don’t panic as with car insurance you are covered
Theft
Theft
In case of theft of the vehicle, coverage is offered up to the insured declared value mentioned in the policy
Natural and man-made calamities
Natural and Man-made Calamities
Your car is protected against man-made and natural calamities like fire, earthquake, landslide, vandalism, terrorist attack, etc.
Personal Accident
Personal Accident
Provides coverage up to Rs. 15 lakh in case of death or disability caused to the owner-driver due to an accident.
Third party liability
Third Party Liability
Get protection against death, disability or injury caused to the third party due to your car
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What's Not Covered under BMW 8 Series Insurance?

Electrical breakdown
Mechanical breakdown
Normal wear and tear
Driving without valid driving license
Consequential loss of car
Driving under influence of drugs/alcohol
Using car for illegal purpose
Commercial use of private car
Depreciation of car parts
Damages due to contributory negligence
View More +

How to Buy / Renew BMW 8 Series Insurance Online at Coverfox?

  • 1 Enter Car Details
    Enter Car Details
    Fill in your Car registration number and other basic details
  • 2 Compare & Select Right Plan
    Compare & Select Right Plan
    Go through the shortlisted plans, their premiums and choose the best plan
  • 3 Add Additional Covers
    Add Additional Covers
    Increase the protection by attaching add-ons like Zero Dep. Engine Protection, etc.
  • 4 Make Online Payment
    Make Online Payment
    Pay premium online through a secure gateway from your credit/debit card, internet banking, wallet, etc.

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How to Claim BMW 8 Series Insurance?

  • Contact the insurance company within 48 hours of the accident or theft
  • File an FIR in case of third party damage or theft of the bike
  • Submit the required documents
  • The insurance company will appoint a surveyor to check on the extent of damages
  • The car will be sent to the garage for repair
  • Cashless service will be provided in case the car is being repaired at a network garage
  • In case of theft, insured declared value will be given to the policyholder after the police shares non traceable report
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BMW 8 Series Specification

Name of the variant Price of the variant
8 Series 840i M Sport Rs. 1.62 crore
8 Series M8 Coupe Rs. 2.23 crore
Engine
ARAI mileage 5.59 kmpl
No of cylinder 8
Transmission type Automatic
Fuel Type Petrol
Maximum Power 600 bhp @ 6000 rpm
Gear box 8 speed
Maximum Torque 750 nm @ 1800 - 5600 rpm
Body Type Coupe
Boot Space 440
Fuel Tank Capacity 68 l
Suspension
Front Adaptive Suspension with variable shock absorber
Rear Adaptive Suspension with variable shock absorber
Brakes
Front Disc
Rear Disc
Capacity
Seating 4
Dimensions
Length 5082 mm
Height 1407 mm
Width 1932 mm
No. of doors 4
Weight
Kerb Weight 1875-2070
Gross weight NA

Frequently Asked Questions

  • Is Bmw 8 Series Car a supercar?

    • Yes, the BMW 8 series is a supercar having quite a few amazing features such as an electronic system, low drag coefficient, modern suspension and refined nature.

  • What is the on road price of a BMW 8 Series car?

    • The on road price of Bmw 8 Series Car is Rs. 1.62 crore. However, the price may vary depending on the city you live in.

  • Can I buy the BMW 8 series car on EMI?

    • Yes, you can purchase BMW8 Series car on EMI if you are eligible to get a loan for the same from a bank

  • What happens if I don't insure my Bmw 8 Series Car?

    • Not insuring your BMW8 series car with a third party car insurance can land you in legal and financial trouble in case you cause any damages to third party person or property.

  • Which type of insurance is mandatory for Bmw 8 Series Car?

    • It is mandatory to purchase third party insurance cover for BMW 8 Series Car

  • What does Bmw 8 Series Car insurance not cover?

    • Bmw 8 Series Car insurance does not provide coverage in case of following

      • Driving under the influence of alcohol
      • Driving without valid driving license
      • Electrical or mechanical breakdown of the car
      • Consequential loss
  • Which is the best car insurance policy for Bmw 8 Series Car?

    • The best insurance policy for BMW 8 Series Car can be chosen from top insurance companies such as Acko, Bharti Axa, Digit Insurance, etc.

  • Is the car insurance premium for Bmw 8 Series Car higher?

    • Yes, the car insurance premium for Bmw 8 Series Car is higher since its a luxury cost which requires high maintenance cost and additionally features parts that are expensive

  • How does installing an anti theft device in Bmw 8 Series Car help?

    • Installation of anti theft device in Bmw 8 Series Car helps you get a reduction in premium as the device contains GPS tracking, car alarm which alerts you in case of theft

  • What is the best claim settlement ratio for ​​Bmw 8 Series Car insurance?

    • Top insurance companies which have a good claim settlement ratio for Bmw 8 Series Car are Iffco Tokio, Digit insurance, Acko, Reliance General, etc.

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