Add-On Covers recommended for BMW 5 Series
You can avail a number of additional covers with your BMW 5 Series car insurance policy for extra security and cost savings.
Nil Depreciation Cover
With this cover, you get protected from the depreciation cost that is deducted from the claim amount. This is an excellent cover which coupled with low maintenance brings down the overhead expenses for your BMW 5 Series to the minimum.
Likewise, this add-on cover takes care of the charges incurred on the consumable items caused from any of the perils mentioned in the vehicle insurance policy wordings. The consumable items include clips, AC gas, bearings, nuts and bolts, screws, washers, grease, lubricants, distilled water, engine oil, oil filter, fuel filter and brake oil.
Personal Accident cover
This cover adds immense value to your BMW 5 Series car insurance policy by protecting it against accidents anywhere in the world regardless of who is driving the car. Under this cover, you are insured against Accidental Death and Permanent Total Disablement.
Discounts on BMW 5 Series
You can also get a number of discounts for your BMW 5 Series with Reliance Car insurance policy.
NCB stands for No Claim Bonus. With NCB, you get a discount on your BMW 5 Series car insurance premium during renewal if you don't make a claim for your BMW 5 Series during the policy period. The discount on your car insurance premium increases every year reaching to a maximum of 50 percent.
Installing anti-theft mechanisms in your BMW 5 Series such as anti-theft alarm, immobilizers, and steering locks will help you fetch a discount in the BMW 5 Series insurance premium.
What's more? You are entitled to a discount on BMW 5 Series car insurance premium if you become member of AAI (Automobile Association of India).