BMW Shortfall.

If your car was written off, for example, due to a third party, a fire or theft, you often end up being worse off financially. Your insurer is unlikely to give you back the price you paid for your car. Also, if you bought your car using finance, your insurance pay out may not be enough to cover the balance you owe your finance company. In these difficult situations, BMW Shortfall offers you protection against losing out financially.

BMW Shortfall pays the difference, up to the level of cover you choose, between;
• your comprehensive motor insurance settlement figure and vehicle invoice price,

or

• the comprehensive motor insurance settlement figure and the outstanding finance amount.

Motor insurers will generally pay you the market value of your car at the time it is written off. With BMW Shortfall you are covered for any change in value, no matter how old you car is, up to the level of cover you choose.