BMW Shortfall

Why panic, when you can have peace of mind?

Consider this: your BMW is written-off following an accident of theft. Even if it's not your fault, the amount you receive in settlement from your insurance company will almost certainly be less that the price you originally paid. This could mean you don't have the funds to replace your BMW with a new or equivalent BMW to that which you originally purchased. BMW Shortfall could help protect you from this nightmare scenario.

How it works

• Ask our Business Manager, Alan Endersby, for a no-obligation quotation for BMW Shortfall
• Your quotation will be based on a number of underwriting factors, including the original invoice price of your car, the period of cover and the maximum claim benefit you choose at the time of purchase
• You decide how long you want the cover for (2,3 or 4 years)
• You have the choice of two payments options: pay the premium outright, or spread the cost over six months

When availing of BMW Shortfall, you should be aware that

• You must have comprehensive insurance during the period of cover, but this doesn't have to be a BMW Insurance policy
• The BMW Shortfall policy terminates at the expiry of the term, the payment of a claim under the policy, or the date you sell or transfer ownership of the vehicle
• The maximum benefit payable in the event of a claim under your policy is the maximum claim benefit you choose at the time of purchase
• Shortfall cover does not apply where 'New for Old' cover is active under your comprehensive motor insurance policy (typically this will occur in year one of your motor insurance policy following the purchase of a brand new vehicle)

How you benefit

If your car is written-off, you may be able to replace it with a new or equivalent BMW to that which you originally purchased, depending on the maximum claim benefit you choose

• Cover is available whether you buy your BMW outright or finance it
• BMW Shortfall is available on all new or Approved Used BMW cars up to four years old, bought from Martin Reilly BMW
• Having a BMW Shortfall policy reduced the stree and worry that normally occurs when your car is a total loss write-off

For more information on BMW Shortfall Insurance contact our Business Manager, Alan Endersby, on 071 9169099 or email aendersby@martinreillymotors.com