BMW Car Insurance | Saga Car Insurance

Saga car insurance can cover BMW convertibles, coupes and more.

With their modern designs and high-spec tech, BMWs have long been a popular car choice. But what do you need to know when it comes to insurance for your BMW?

What is BMW short for?

BMW stands for Bayerische Motoren Werke, the German manufacturer whose roots can be traced back to 1916. Originally, BMW produced aircraft engines, but today the carmaker is famous for its range of automobiles – from sports cars and SUVs to convertibles, sedans and hatchbacks.

What insurance do I need for my BMW?

Car insurance is a legal requirement in the UK, so at a minimum, you will need third party car insurance for your BMW. This covers damage caused to a third party, such as another vehicle, building or person, but it won’t cover the cost of your BMW repairs or replacement. So you may wish to add a ‘fire and theft’ policy to your BMW insurance, or even Comprehensive car insurance, which will financially protect you and a third party – plus any occupants. It can also cover the belongings in your vehicle and things like vandalism and insurance for trips abroad.

How much is insurance on a BMW?

The cost of your BMW car insurance will depend on what type of BMW you drive. The more powerful BMW cars, such as sports cars and coupes, are likely to come with a more expensive insurance price tag. This is because the higher speeds could lead to a greater risk of collision, while desirable car models could be targeted by thieves and vandals.

In contrast, the cheaper and less powerful BMW models – such as sedans – will often have more affordable BMW insurance.

What else affects the cost of my BMW insurance?

Aside from the model of your BMW car, your insurance premiums will be calculated based on a range of factors, including:

Your age.
Your driving history, and whether you have experience of driving a similar BMW car.
Where you live, based on data such as crime rates and the frequency of accidents.
The security of your vehicle, such as locks, alarms and whether it’s kept in a garage.
Your annual mileage.
Your work status. For example, regular commuters may be deemed to be a higher risk.

Can I reduce my BMW car insurance premiums?

There may be some measures you can take to reduce the amount you spend on BMW car insurance. In some cases, having a more experienced driver listed on your policy could also help lower your premiums. And in the long run, an unblemished driving record and a low annual mileage can help limit the amount you pay.

Can I get insurance if my BMW is a classic car?

You may be able to get Saga insurance for a classic BMW car, but we do not have a specific classic car policy with an agreed value. If you’d like to know more about the possibility of taking out insurance for your classic BMW, call our friendly team on 0800 302 9735 and we’ll be happy to assist.

What add-ons can I get with my BMW insurance?

If you’re looking to get some extra features to complement your BMW car insurance, here are some add-ons you could consider:

Who are Saga's car insurance policies underwritten by?

Saga’s car insurance policies, exclusively for people over 50, are unique products designed by us specifically for our customers. They are underwritten by a number of carefully selected insurers that provide high standards of quality and service.