BMW contract hire shortfall insurance.
Providing you with financial protection should your BMW be written off or stolen. When you truly love your BMW, you want to protect it in the best way. That’s why we created BMW Protect, our comprehensive range of insurance products designed to help maintain that sheer driving pleasure, whilst protecting you from damage costs. Within this suite of BMW Protect products is BMW Contract Hire Shortfall Insurance, ensuring you’re not out of pocket if your BMW is written off due to an accident, theft or fire. BMW Contract Hire Shortfall Insurance is designed to cover the early termination charges at the time of loss on the contract hire/lease hire agreement. BMW Contract Hire Shortfall Insurance covers you against losing out in these tricky situations.
Key benefits.
- Available for contract hire agreements up to 60 months
- The insurance could pay up to €600 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)
- You have up to 60 days to purchase your policy after you have collected your BMW. Cover will start after you have purchased the policy.
Get a quote.
To get a quote, please contact your local Authorised BMW Centre. Alternatively, please call BMW Protect Services on 0818 112 223. Lines are open Monday to Friday 9am-5pm.
Making a claim.
In the unfortunate event that you need to make a claim, BMW Protect Services are available to assist you. If you purchased your policy before 1 April 2018, please call 0345 641 9735. If you purchased your policy on or after the 1 April 2018, please refer to the policy document for full details of how to make a claim.
Terms and conditions.
Commission: if you enter into an insurance contract with Mapfre, your policy will be managed and administered by Mapfre. BMW Financial Services (Ireland) DAC will receive a fixed commission of up to 9% of your total annual premium which is included in the insurance premium you pay. Your retailer will also receive a fixed commission of up to 43% which will be paid by Mapfre.
You can ask for further information about the commission by contacting us or Mapfre using the details provided [above/below]. Only proceed with your insurance contract if you are happy to do so and you agree to the payment of commission
This insurance is underwritten and administered by MAPFRE ASISTENCIA Compania Internacional De Seguros Y Reaseguros, S.A., trading as MAWDY, is authorised by Direccion General de Seguros y Fondos de Pensiones del Ministerio de Economia y Hacienda in Spain and is regulated by the Central Bank of Ireland for conduct of business rules. Company Registration Number 903874.
BMW Contract Hire Shortfall Insurance
BMW Financial Services (Ireland) DAC, trading as BMW Financial Services is regulated by the Central Bank of Ireland.