Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer

Ask-A-Dealer
Talk to our team of BMW Client Advisors. Get all of your buying/financing/leasing questions answered here!

Reply
 
Thread Tools Display Modes
  #1  
Old 10-05-2012, 11:55 AM
kkapdolee kkapdolee is offline
Officially Welcomed to the 'Fest
Location: Texas
 
Join Date: Sep 2012
Posts: 368
Mein Auto: a car
Insurane requirement for BMW lease or financing in Texas

Hi,

I was wondering whether BMW has a minimum insurance requirement for its leased vehicles and if so, what are they in the state of Texas (if they differ from state to state)?

Also, is there a minimum insurance requirement for a financed vehicle that is financed through the dealership? If so what are they again in the state of Texas?

If I get financed through a third party bank and not through the dealership, will I have a different requirement from the bank?

Thanks
Reply With Quote
Ads by Google
  #2  
Old 10-05-2012, 11:57 AM
Orient330iNYC's Avatar
Orient330iNYC Orient330iNYC is online now
Flying monkey herder
Location: Wall St
 
Join Date: Jul 2002
Posts: 7,006
Mein Auto: Daihatsu Terrios
AFAIK, bmw FS leases require, at the min, 100/300K coverage, 50K property damage. max of a 1000 deductible.
i beleive their loan requirements are different.
__________________
Past: 2001 330i ZSP/ZPP/Step
Past: 2004 S60R 6MT Sport
Past: 2007 335i 6MT ZSP/ZCW/322/655
Past: 2010 335xi ZMP/ZCW/ZPP/PPK/PE
Present: 2013 335i 6MT ZMM/ZDH/ZTP/3AG/494/508
Current Homeland Threat Level:

Last edited by Orient330iNYC; 10-05-2012 at 11:59 AM.
Reply With Quote
  #3  
Old 10-05-2012, 09:19 PM
miamiboyca's Avatar
miamiboyca miamiboyca is offline
Officially Welcomed to the 'Fest
Location: Dallas, TX
 
Join Date: Jun 2012
Posts: 1,668
Mein Auto: F10 6MT
Quote:
Originally Posted by Orient330iNYC View Post
AFAIK, bmw FS leases require, at the min, 100/300K coverage, 50K property damage. max of a 1000 deductible.
i beleive their loan requirements are different.
+1 With the loan requirements being 25/50.

Also, I think it has to be a $500 deductible but just contact BMW FS. They should be able to help you out.
__________________
2013 535i Space Grey, Biege, M-SPort, Premium, Tech, Cold Weather, Luxury Seating, PDC, 6MT ED-10/11/2012 - PCD Redelivery-12/14/12
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 10:42 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms