Within our suite of BMW Protect products is BMW Shortfall (GAP) Insurance, ensuring you’re not out of pocket if your BMW is written off due to an accident, theft or fire.
BMW Shortfall (GAP) Insurance is designed to bridge the gap between the motor insurance settlement and either the amount you paid for your BMW, or the outstanding amount due under your finance agreement if your BMW is declared a total loss, whichever is the higher amount. BMW Shortfall Insurance covers you against losing out in these tricky situations.
For more information please download our brochure or contact us.View our brochure
BMW SHORTFALL INSURANCE FILM.
Our short film gives you an overview of our Insurance product and it's key benefits.
- Cover available for 3 or 4 years
- Available for BMW New and Approved Used vehicles
- The insurance could pay up to £500 to cover any excess you have as part of your motor insurance claim
- Pay for your policy upfront or in 12 monthly payments (at no extra cost)
- Cover for accessories listed on the original purchase invoice for the insured vehicle that are present at the date of loss
- You have up to 90 days to purchase your policy after you have collected your BMW. Cover will start after you have purchased the policy
The insurance cover will be capped at a maximum amount. Therefore the amount paid out under the BMW Shortfall Insurance might be lower than the gap between the motor insurance settlement and either the amount you paid for the insured vehicle or the early finance settlement balance
- Cover only applicable if a claim under your motor insurance policy is paid
- Cover for finance agreements does not include Contract Hire
Terms, conditions and exclusions apply. This website only provides a summary of the cover provided by BMW Shortfall Insurance and does not include the full terms, conditions and limits of cover. Please refer to the policy wording document.
NEED TO MAKE A CLAIM?
In the unfortunate event that you need to make a claim, BMW Protect Services are available to assist you. Please refer to your policy wording document for full details of how to make a claim.
BMW Shortfall Insurance is administered by GardX Assure Limited who are registered in England under company Registration Number 9339557 and is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 711212. Their registered office is at Lake House, 2 Port Way, Port Solent, Portsmouth, United Kingdom, PO6 4TY.
This insurance is underwritten by Fortegra Europe Insurance Company SE UK Branch, a branch of Fortegra Europe Insurance Company SE (Financial Conduct Authority registration number 805770). Fortegra Europe Insurance Company SE has its registered office and principal place of business at Office 13, SOHO Office The Strand, Fawwara Building, Triq I-Imsida, Gzira, GZR 1401, Malta (Malta Company registration number C 84703), is authorised under the Insurance Business Act 1998 of the laws of Malta to carry out general business of insurance, and is regulated by the Malta Financial Services Authority of Triq l-Imdina, Zone 1, Central Business District, Birkirkara, CBD 1010, Malta.
BMW Insurance Solutions is a trading name of BMW Financial Services (GB) Limited, which is authorised and regulated by the Financial Conduct Authority, reference number 312578, registered office: Summit ONE, Summit Avenue, Farnborough, Hampshire, GU14 0FB. BMW Financial Services (GB) Limited and GardX Assure Limited are not part of the same corporate group.