The calculator and the quote form below are in Dutch. Prefer to do this in English? Email info@finassverzekert.nl or call 072 - 509 24 56 and we will take it from there.
Work out your own premium with the calculator.
Enter your details; you will receive a proposal within one working day.
We compare the offerings of several insurers
An adviser checks whether the cover suits your situation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
BMW supplies practically every model in a range of engines that ends with the M versions. Insurers look not at the series but at the ratio between power and weight, and at who drives. The combination of a young driver and a powerful version regularly leads to an increased excess or to a refusal.
The second point is theft. On cars with keyless entry the signal from the key is picked up inside the house and amplified, after which the car is driven away without any forced entry. Insurers respond to that with security requirements in the policy: an approved alarm or vehicle tracking system, sometimes with an active subscription. That is a warranty clause, not advice.
If you also ride a motorcycle, see the page on Insuring a BMW Motorrad. For the compact models from the same group, the MINI page is more relevant.
The structure of the cover in three parts, with an overview per situation below.
Compulsory
Third-party liability
Damage you cause to others.
Required by law
As long as the registration is in your name
Suspend the registration when not in use
Third-party liability plus
Third-party, fire and theft
Causes beyond your control.
Fire and storm
Theft
Windscreen damage
Comprehensive cover
Comprehensive
Including damage you cause yourself.
Own fault
Vandalism
Replacement-as-new period
What is covered
Situation
Third-party liability
Third-party, fire and theft
Comprehensive
Damage to the other party
Yes
Yes
Yes
Theft
No
Yes
Yes
Fire and storm
No
Yes
Yes
Damage you cause yourself
No
No
Yes
Wear and mechanical defects
No
No
No
Driving without a valid licence
No
No
No
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Power, rear-wheel drive and acceptance
An M version or a powerful six-cylinder driving the rear axle is assessed differently by insurers from an entry-level engine in the same body. Some companies apply a minimum age or a minimum number of no-claims years before they will accept such a car. Declare the M package and the actual power when you apply; a modification made afterwards without notification can cost you the cover when you claim.
Keyless entry and the security requirement in the policy
If your policy states that an approved alarm system or vehicle tracking system must be fitted, that is a condition of cover for theft. If the system is missing, or the subscription had expired at the time of the theft, the insurer can refuse to pay. With keyless entry, keep the keys in a signal-blocking holder and keep the installation certificate with your policy papers.
Wheels, low-profile tyres and run-flats
Large alloy wheels with low-profile tyres are easily damaged by kerbs and potholes. Own-damage cover only pays for that where there is a collision or impact; a blowout, tyre trouble or a wheel that cracks in a pothole counts as an inherent defect or damage from use. For a breakdown on the road you need breakdown assistance, not own-damage cover.
Track sessions and driver training
Driving on a circuit is excluded under practically every car insurance policy, even without any element of competition and even on an open leisure day. The same applies to driver training or skid courses in which times are taken. If injury or damage is caused to others, the insurer can moreover rely on Article 7:952 of the Dutch Civil Code in cases of wilful recklessness and recover the amount paid out from you.
What does your premium depend on?
Power and version — The difference between an entry-level engine and an M version feeds straight through into the rating group.
Age and driving experience of the main driver — On powerful versions, insurers more often set a lower limit for age and no-claims years.
Theft protection — The presence and class of an alarm or vehicle tracking system affects both acceptance and premium.
Storage address — Where the car is kept at night and whether that is a locked garage or the public road.
List price including options — Sports packages, wheels and interior specification increase the value on which the premium is calculated.
Annual mileage and type of cover — The declared number of kilometres a year combined with third-party liability, third-party fire and theft or comprehensive cover and the excess.
Insurers weigh these details differently. That is why comparing pays off.
How we arrange it
You request a quoteWe take stock of your situation, your risk and your wishes.
We compareseveral insurers, on premium as well as conditions.
You receive a proposalWith an explanation of the differences and the exclusions.
We arrange the switchIncluding cancellation, so there is no gap in cover.
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Why does my insurer require a vehicle tracking system?
Because some BMW models can be driven away without forced entry by way of the signal from the keyless key. A tracking system increases the chance that the car will be recovered. The requirement appears as a condition in the policy: if the system is not fitted or the subscription is not active at the time of the theft, the cover for it lapses.
Am I insured during a track day?
No. Driving on a closed circuit falls outside ordinary car insurance, even where no times are taken. Separate temporary cover exists for those days and must be arranged in advance. Without it you pay for damage to your own car and to other participants yourself, and on these models that mounts up quickly.
Is damage to my wheels covered?
Only where that damage results from a collision or impact which is itself covered. A wheel damaged when parking against a kerb, or a tyre that bursts in a pothole, counts as damage from use and falls outside own-damage cover. Tyre damage on its own without a collision is not paid for under any own-damage policy.
What if my key signal has been copied?
Theft without signs of forced entry is investigated critically by insurers. You have to report it to the police, be able to produce both keys and notify the claim as soon as reasonably possible; Article 7:941 of the Dutch Civil Code requires that. If you meet the security requirements in the policy, the absence of signs of forced entry is not in itself a reason to refuse payment.
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
