Minus/plus icon
ResourcesExplore the full ACKO experience and make the most of your plan

BMW i7 Car Insurance

Know how to buy/renew BMW i7 Car Insurance

Car insurance prices starting at just ₹2,094*

Car number

Looking to insure brand new car?

Zero commissions, big savings

BMW i7 Car Insurance

Home / Car Insurance / BMW Car Insurance / BMW i7 Car Insurance

The BMW i7 is a luxury electric sedan offered by the iconic German automaker BMW. With its futuristic design, engaging driving dynamics and cutting-edge technology, the i7 aims to redefine the luxury EV segment. However, owning this engineering marvel involves more than just driving it out of the showroom. To legally drive the BMW i7 on Indian roads and ensure full protection for your investment, comprehensive car insurance is an absolute must.

Let's take an in-depth look at the various intricacies involved in buying suitable car insurance coverage for your prized BMW i7 possession.

Why Should You Buy Car Insurance for BMW i7?
Jump Tag Icon

Having a valid car insurance policy for your BMW i7 is important for the following reasons:


The Motor Vehicles Act states that driving any vehicle on Indian roads without adequate insurance coverage is illegal. To legally drive your BMW i7 and avoid hefty fines or confiscation, you must have at least basic third-party liability insurance.


Financial Security
Jump Tag Icon

The BMW i7 is a premium luxury sedan with lots of advanced features and technology. It commands a high market value. Without insurance, you could incur massive expenses to repair or replace your i7 in case of accidents, damage or total loss.


Third-Party Liability Protection
Jump Tag Icon

Third-party liability insurance is mandatory for all vehicles. iIt covers legal and financial liabilities arising out of damage or injury caused by your BMW i7 to third-party life or property in an accident.


Peace of Mind
Jump Tag Icon

Opting for a comprehensive BMW i7 insurance policy from a reliable insurer provides immense peace of mind to the owner while driving such an expensive asset.

The Most Common Types of Car Insurance for BMW i7
Jump Tag Icon

The two primary types of motor insurance policies applicable to the BMW i7 are:


Third-Party Liability Only
Jump Tag Icon

This basic insurance plan covers the mandatory legal liability for injury or damage caused by the insured BMW i7 to third-party persons or property. However, any damage incurred to the policyholder's car is not covered.


Comprehensive Insurance
Jump Tag Icon

This extensive coverage provides third-party legal liability along with protection against accidental loss or damage caused to the insured BMW i7. It covers the car's repair or replacement cost in case of accidents, damage from natural and man-made calamities, theft, etc.

What is Covered

What is not Covered

What is Covered in BMW i7 Car Insurance?
Jump Tag Icon

A standard comprehensive car insurance policy for the BMW i7 generally includes coverage for:

  1. Third-party liability as mandated by law for injury or damage caused by the insured car to others.

  2. Financial protection against damage to the policyholder's BMW i7 arising from accidents, collisions, overturning, etc.

  3. Loss/damage to your car due to theft, burglary, or larceny.

  4. Damage or loss incurred from natural calamities and disasters like floods, storms, typhoons, inundation, lightning, earthquakes, etc.

  5. Loss or damage arising from man-made causes such as fire, explosion, malicious acts, rioting, strike or terrorist activity.

What is not covered by BMW i7 car insurance?
Jump Tag Icon

Though comprehensive policies provide extensive coverage, some typical exclusions are:

  1. Normal wear and tear of consumable parts, general ageing of parts over time or mechanical and electrical breakdown.

  2. Loss or damage intentionally caused to the insured BMW i7 by the policyholder himself/herself.

  3. Any loss or damage incurred while driving under the influence of alcohol or without possessing a valid driving licence.

  4. Any claim when the insured BMW i7 is being used outside the specified geographical limits or for purposes not in accordance with the policy contract.

  5. Consequential personal damages or losses like missing a flight due to a car breakdown or accident.

Add-ons for BMW i7 Car Insurance
Jump Tag Icon

Some highly useful add-ons and riders that enhance the coverage of a standard BMW i7 comprehensive policy are:

  1. Zero Depreciation Cover - This add-on waives off any deductions towards depreciation of parts in the event of repairs or replacement. Allows you to fully claim repair costs.

  2. 24x7 Roadside Assistance - Provides assistance if your BMW i7 breaks down or needs emergency support like fuel delivery, flat tyre change, etc.

  3. Engine Protect Cover - Offers financial protection against damage to critical engine and gearbox components.

  4. NCB Protection Cover - Ensures your No Claim Bonus does not get impacted even if you make a claim during the policy period.

  5. Consumable Expenses - Covers the cost of oils, lubricants, nuts & bolts, etc., needed during covered repairs.

Benefits of Buying ACKO Car Insurance for Your BMW i7
Jump Tag Icon

Opting for ACKO insurance provides the following key advantages for your BMW i7:

No Paperwork
Jump Tag Icon

ACKO provides completely digital insurance with no physical paperwork involved. It makes the process much more convenient.

Quick Purchase & Renewal
Jump Tag Icon

Buying a new policy or renewing your BMW i7 insurance is extremely quick and easy through the user-friendly ACKO website and app.

Instant Claims Assistance
Jump Tag Icon

ACKO settles claims digitally in a smooth manner. You get real-time support compared to traditional insurers.

Lower Premium
Jump Tag Icon

Along with great coverage, ACKO provides very competitive premium rates coupled with attractive discounts.

Superior Customer Service
Jump Tag Icon

You get exceptional service right from purchase to claims by ACKO's dedicated support teams, who are car insurance experts.

Cashless Garages
Jump Tag Icon

Transparent repairs with zero payment hassles at ACKO's wide network of authorized garages across India.

How to Buy/Renew BMW i7 Insurance from ACKO
Jump Tag Icon

Follow these steps to buy a new or renew the insurance policy for your BMW i7 online via ACKO:

Step 1: Visit ACKO's website or mobile app, enter your BMW i7's unique registration number and click on "Get Price".

Step 2: Choose your preferred insurance type - Third Party or Comprehensive along with add-ons as required.

Step 3: Review premium, fill in policy and personal details and proceed to online payment to instantly purchase your BMW i7's car insurance.

4 Easy Steps to Raise a Claim with ACKO
Jump Tag Icon

ACKO ensures claims settlement is smooth, convenient and real-time:

Step 1: Intimate the claim by logging into your ACKO account on the website or mobile app.

Step 2: Provide complete details of the claim and upload supporting documents, photographs, etc.

Step 3: If required, an ACKO representative will contact you to inspect the BMW i7 at the nearest network garage.

Step 4: Once paperwork validation is complete, your claim will be swiftly approved and settled digitally into your bank account.

Jump Tag Icon

Insuring your prized luxury possession - the BMW i7 with a feature-rich comprehensive policy from ACKO delivers complete peace of mind. Add-on covers further enhance the protection. The entire process, from purchase to claims, is digitized for maximum convenience. Renew insurance on time and keep your BMW i7 securely insured.

Frequently Asked Questions on BMW i7 Insurance
Jump Tag Icon

FAQs about BMW i7 Insurance


What documents are required to buy BMW i7 insurance?

You will need a copy of your BMW i7's registration certificate, your driving license, previous policy copy if renewing, KYC documents and passport-size photographs. However, if you buy car insurance from ACKO, you need not submit documents. Instead, just provide your vehicle details.

Does BMW i7 insurance cover punctures or flat tires?

Normal tire punctures are not covered. But if the tire is damaged due to an accident, it will be covered under its own damage section of the comprehensive policy. The roadside assistance add-on helps with punctures.

Are consumables covered in the engine protection add-on?

No, the engine protection add-on only covers damage to core engine parts. Consumables like engine oil and lubricants are covered under the separate consumable expenses add-on.

Can I cancel my BMW i7 policy anytime?

Yes, as per IRDAI rules, car insurance can be cancelled anytime by submitting a request to the insurer. Refunds will be as per short-period rate charts.

What is the claims process if my BMW i7 is damaged in another city?

You can intimate the claim by contacting ACKO's customer support. They will arrange for an assessment of damages at the nearest authorized garage. Once the assessment is done, the claim amount will be digitally transferred, irrespective of whichever city you are in.

Are depreciation charges applicable if I make a own damage claim for my BMW i7?

Yes, even with comprehensive cover, insurers typically apply depreciation on parts that need replacement while settling own damage claims. You can avoid depreciation deductions by opting for the zero depreciation add-on cover.