BMW M8 Insurance

BMW M8 is one such exquisite car in the company’s collection of cars, with this model providing various features to enhance your driving experience. However, owing to the UAE traffic laws, you will need to have proper car insurance for BMW M8. 

Continue reading the article below to find out all the relevant information about BMW M 8 car insurance as well as the car itself. 

About BMW M8

2022 BMW M8 is powered by a 4.4 litre twin-turbo V8 gas engine that can provide 8-speed automatic transmission. With an average price of AED 905,900, the BMW M8 comes with various features like central locking, acoustic hood, 12V socket, anti-brake locking system, and so forth.

Features of BMW M8

Specifications of BMW M8

1. Performance

• Sports car
• 4.4 litre V8 M Twin Power Turbo engine
• 8-Speed M Steptronic
• 0 to 100km/h speed in only 3.3 seconds
• 625hp and 750Nm of torque

2. Technology

• Enhanced sound experience
• M Sport exhaust system
• Individual roof liner
• Soft closing automatic system for doors
• Driving assistant professional
• Night vision with object recognition
• Heat comfort package front
• Active seat ventilation
• Intelligent emergency calling
• Teleservices
• Connect drive services

3. Additional Options

• Remote engine start
• M carbon engine cover
• Tyre repair kit
• Tyre pressure monitor
• Space saver spare wheel
• Climate comfort windscreen
• M sport differential
• Fire extinguisher
• Lumbar (back) support for front passenger and driver
• Parking assistant plus
• Dab tuner
• High Beam Assist
• Wireless charging
• M Driver’s package
• M sport seats
• M carbon exterior package
• BMW Live cockpit professional

4. Exterior

• Sculpted bonnet
• Enhanced front apron
• M specific side mirrors and side gills
• M Light alloy wheels
• Double-bubble M carbon roof
• M rear spoiler

5. Interior

• M sport seats with two-tone leather with hexagonal quilting
• High-quality Alcantara anthracite on the headlining and side panels
• M steering wheel
• Specific drive logic gear selector
• Carbon fibre interior trim

6. Smartphone Connectivity

• Easy wireless connectivity with smartphones through Apple CarPlay Preparation
• Central info display
• Head-up display (optional)
• Instrument cluster

7. Infotainment

• 10.25-inch touchscreen
• Rotary controller
• Buttons on the centre console
• Gesture control option
• Crisp graphics

8. Safety Features

• Anti-theft alarm
• Anti-Lock brake system
• Parking sensors - back and front
• Passenger airbags
• Electronic Brakeforce Distribution
• Collision detection
• Lane departure warning
• Dynamic Stability Control (DSC)

Car Insurance for BMW M8

In the UAE, car insurance is mandatory for all vehicles. However, car insurance in itself is a necessity considering the hefty costs involved in repairing the vehicle in case of even minor damages. 

To avoid penalties and traffic fines while also financially securing your car, each BMW car owner can insure their car with any of the two types of car insurance available in UAE: 

• Comprehensive car insurance
• Third-party liability car insurance

1. Comprehensive Car Insurance

Comprehensive car insurance provides coverage for the policyholder’s vehicle as well as the third party. This type of insurance covers the loss or damage caused due to fire, theft, lightning, accidents, self-ignition, third parties malicious acts (like vandalism), and so forth.

Inclusions of Comprehensive Car Insurance Policy

Although each insurance provider has a set of different coverages provided to the insured, you can expect the following inclusions with most providers: 

1. Coverage for damage due to accidents
2. Windscreen damage cover 
3. Fire and theft cover
4. Agency repair
5. Coverage for damaged caused by riots/strikes
6. Roadside assistance
7. Loss of personal belongings cover
8. Damage due to natural disasters covered

Exclusions of Comprehensive Car Insurance Policy

Similar to the inclusions, exclusions also differ for each insurance provider. However, most insurance providers don’t provide any cover if the damage is caused due to the following scenarios: 

1. When the car is being driven without a valid driving licence
2. Damage due to terror attacks, invasions, wars, civil wars, radiations, and nuclear material 
3. Deliberate accidents 
4. Consequential losses 
5. Loss due to normal wear and tear

2. Third-Party Liability Car Insurance

Third-party liability car insurance offers the minimum coverage as required by UAE laws. The major benefit of third-party insurance is that it fulfils the legal requirement at an affordable price. However, keep in mind that in case of any accident, the insurance provider will be liable to provide coverage to the third party only.

Inclusions of Third-Party Liability Car Insurance

Some of the major coverage types provided by third-party liability car insurance are as follows:

1. Burglary and fire (if opted for with an add-on)
2. Third-party property damage
3. Medical expenses of third-party in case of an accident
4. Legal expenses covered

Exclusions of Third-Party Liability Car Insurance

The major exclusions of the third-party liability car insurance in UAE are as follows -

1. Damage caused to the insured vehicle
2. Medical expenses of the insured individual
3. Car replacement not covered

What Are Add-Ons for BMW M8?

Based on your requirements, you can opt for add-ons and increase your vehicle's coverage at a nominal additional premium. Some of the most common add-ons available and utilised in the UAE are listed below:

1. GCC Coverage - Useful if you make frequent trips to other Gulf Cooperation Council (GCC) nations, with some countries like Oman making it mandatory for vehicles to have valid GCC insurance before entering the country
2. Roadside Assistance - If your plan doesn't cover roadside assistance, you can opt for it as an add-on and get a mechanic or towing services if your car breaks down or runs out of fuel on the road
3. Personal and Passenger Accident Cover - In case of an accident, this add-on provides coverage for bodily injury or the death of any of the passengers or the insured person 
4. Personal Belongings Cover - This add-on covers the loss or damage of personal belongings (like laptops, cell phones, and other expensive equipment in the car) caused due to an accident
5. Agency Repair - Agency repairs are done by the car's official dealer, ensuring the authenticity of the parts used in the process. On the other hand, non-agency repairs don’t use the car's original parts, which reduces the vehicle's value in the market. While the agency repair is generally included in the standard package initially, it may take the form of an additional add-on after 2 or 3 years.

How to Renew Car Insurance for BMW M8?

As per the UAE norms, a one-month grace period is generally provided after car insurance is expired. This grace period should be used to renew your car insurance policy without penalty. However, if you fail to renew the car insurance policy even in this period, you may face the consequences of fines along with a loss of coverage for your car. 

Renew Your BMW M8 Car Insurance Online with the Same Insurance Company

If you are satisfied with your current insurance plan, you can visit the official portal of your insurance company and complete the renewal process. After selecting the option for renewal, you can then enter the policy number, and personal details, and make the payment to complete the renewal process. 

The insurance provider will mail the renewed car insurance policy to your registered mail address and its hard copy to your registered address.

Renew Your BMW M8 Car Insurance with a Different Insurance Provider

If you wish to explore other plans or want a better deal for your money, you can look for different insurance companies. For this, you can browse the best available plans on our website and select a suitable plan per your needs. 

Points to Remember While Renewing Your BMW M8 Car Insurance Policy

1. Renew the car insurance policy before the due date
2. Thoroughly compare the available car insurance plans to get the best deal for your vehicle
3. Utilise the no-claim bonus (if applicable) to get additional discounts

BMW M8 Insurance - How to Make a Claim?

To file a claim, you can follow the procedure given below and avail of the benefits of BMW M8 car insurance:

1. Contact the police and report the accident
2. Obtain a copy of the accident report - In the UAE, you cannot file a claim without an accident report provided by the police
3. Inform your insurance provider and provide them with all the details of the accident
4. Collect proof to support the claim like pictures of the accident – This can help the authorities investigate efficiently while also fast-tracking your claims
5. Submit the insurance claim with all the supporting documents and details
6. Once your claim is verified and approved, the repair work will start soon and the insurance provider will cover it as per the terms mentioned in the policy. 

How to Buy BMW M8 Car Insurance?

Purchasing car insurance UAE for your BMW M8 is easy, as you can now go online and buy a plan from Policybazaar UAE. Applying via policybazaar.ae will be highly convenient for you as you can find the best plans at the best prices in one place. 

To apply for BMW M8 car insurance from our website, you can visit the ‘car insurance’ section on policybazaar.ae and fill out the short form present there. This will allow you to view the most suitable car insurance plans from which you can select one and make a purchase. 

Some of the major reasons to buy car insurance from Policybazaar UAE are discussed below:

Cost-Effective and Easy to Buy

With Policybazaar UAE, you can get BMW M8 car insurance at the best rates, with several offers and discounts applicable throughout the year on our website. Moreover, you won’t need to switch websites of different providers to view the top plans in one place, which makes for an easy purchasing experience. 

Comparison Made Easy

Extensively comparing the available plans is the best way to get the most suitable plan for yourself at the most affordable rates. Policybazaar UAE allows you to check several insurance quotes for your car from the top providers so that you can sufficiently compare the plans before opting for one. 

Transparency

When you purchase a car insurance policy online from our website, you will be able to see the applicable fees and charges in an easy-to-access way. This way, you can have transparency in the dealings and buy a plan that actually proves helpful in an emergency.

24x7 Access to Customer Service

In case you need any assistance regarding your car insurance, whether before or after the application process, you will be able to connect with our customer service at any time and have your doubts addressed. Additionally, you can also connect with our insurance experts for further queries.

To get acquainted with more details about BMW M8 car insurance, have a look at some frequently asked questions below: 

FAQs

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