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Ask-A-Dealer
Talk to our team of BMW Client Advisors. Get all of your buying/financing/leasing questions answered here! |
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#1
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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 |
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#2
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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. |
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#3
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Quote:
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 |
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