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A giant of the automobile industry, BMW has been producing some of the world's finest cars for over 100 years. For many, owning a BMW is still the ultimate symbol of wealth and success.
There's no getting away from it – BMWs attract attention. But unfortunately, this can make them a target for thieves. Even if your insurance policy covers theft, in the event of a claim, you may still find yourself out of pocket. New models depreciate very quickly, and most insurance companies will only pay out for the car's value at the time of a claim. With a high-end vehicle such as a BMW, the difference can be many thousands of pounds. This is where Guaranteed Asset Protection (GAP) insurance can help.
If you were to buy a brand-new BMW for £50,000, the reality is that it will depreciate over time. If, after a few years, something were to happen to it (for example, if it were stolen), your motor insurers would offer a settlement in line with its current value. Let’s say that by this stage, your car is now worth £30,000, that’s £20,000 you’ve lost out on. But a BMW gap insurance policy covers you for that drop in value and, with quotes starting from £69, we believe it’s well worth the extra investment.
What Is BMW Gap Insurance?
BMW gap insurance will pay for the difference between your car's current market value and its purchase price if you make a claim in the event that it is written off or declared a total loss. If that were to happen, you could be left thousands of pounds out of pocket, so BMW gap insurance from Direct Gap offers a priceless level of added protection, with policies available for between 1-5 years.
For further information, check out our handy guide to gap insurance and how it works.
Why Choose Direct Gap?
- 5 Star Feefo-rated insurance
- 30 Day money-back guarantee
- Unlimited claim limits on vehicles up to £50k
- Free policy transfer on RTI and VRI
- Deferred start date option for new vehicle purchases
- Cover for all named drivers on your policy
- No mileage restrictions
- Policy amendments for registration number and address changes
- Commitment to settle your claim within 10 days
- No additional fees for credit card payments
- Save up to 75% with a specialist policy
BMW | FAQ's | Statistics & General Information
BMW is the leading premium car brand in the UK and the second largest manufacturer overall, with a market share of around 5.8% to 6%.
Thanks to models like the ever-popular BMW 3 Series, they remain the leaders in luxury, ahead of Mercedes and Audi. In recent years, they've seen a shift towards EV models, with 1 in 4 BMWs now sold incorporating some sort of electric.
BMW offers a range of models, including petrol, diesel, hybrid and fully electric variants.
Their range includes the i, 1, 2, 3, 4, 5, 7 and 8 models, which are 'traditional' cars, with a further 'X' range offering crossover and SUV options. As well as this, BMW also has a 'Z' range, which typically encompasses their sports cars.
Over the years, popular models have included the 3 Series, a forerunner in the saloon market, as well as the 1 and 5 Series, offering hatchback and luxury cruiser options, respectively.
Despite their reputation as one of the UK's leading premium brands, like most manufacturers, BMWs will suffer depreciation.
Typical deprecation levels are around 35% in three years. M2 models depreciate at a faster rate, losing between 40-50% in three to five years.
BMW 2 Series
Our customer purchased a BMW 218D for £9,290. Unfortunately, it was quickly written off, and their motor insurer paid out £9,640. Their gap insurance policy paid a difference of £1,000.
BMW 320 D
Our BMW gap insurance policy paid out £4,558 to a customer who initially bought their BMW 320D for £20,000. Following a total loss, their motor insurer offered a settlement figure of just £15,442; we covered the difference.
BMW 118
Our customer bought a BMW 1 Series for £30,482. It depreciated by 18%, meaning their insurer paid out £25,034.
Their BMW gap insurance policy covered the shortfall: £4,948.
Unfortunately, BMW is a popular target for thieves, with the brand often topping 'Most Stolen' lists and consistently being the second most stolen manufacturer on the market (behind Ford).
In 2025, over 5000 BMWs were stolen in the UK. The 3 Series, in particular, is a common target, with 1207 stolen in the UK in 2024 alone.
As well as BMW gap insurance, Direct Gap can provide you with protection for the bodywork, wheels and tyres of your pride and joy. Find out more about: