BMW Joins With Allianz to Sell Auto Insurance

BMW will offer traditional auto insurance as well as products that provide for monthly payments if finances become tight and guarantee a car’s value in the event of an accident, the Munich- based automaker said today.

“We see a lot of potential in the cooperation with Allianz,” Michael Rebstock, a BMW spokesman, said in a telephone interview. “Ideally, we’ll be able to sell every leasing customer an insurance policy.”

In the cooperation with Allianz, BMW aims to expand the range of services it offers leasing customers, which account for about 50 percent of the automaker’s sales. The cooperation should help BMW achieve its 2012 profit goals, Rebstock said.

Hot cars you might also like:

  • Okay, for the last time – BMW X1 Spy Photos Okay, for the last time – BMW X1 Spy Photos

    We keep promising that the X1 is coming out soon, but it hasn’t happened so far. We expected the official photos to drop prior to the event that took place at the Leipzig factory this ...

  • Subaru Legacy goes mainstream Subaru Legacy goes mainstream

    (Subaru ) Well, for these guys, it’s been more like “Birkenstocks, Granola and Subaru”, an image they cultivated themselves with largely no-nonsense, reliable compact bicycles that come with all-wheel drive standard. Big in Flagstaff and Vermont…never much ...

  • Car Modification – Drag Car Modification Car Modification – Drag Car Modification

    Car Modification Drag Car Modification ...

  • Cadillac BLS Wagon 2008 Cadillac BLS Wagon 2008

    Cadillac BLS Wagon 2008 Clear, clean, crisp and sharply defined contours are Cadillac design signatures. An international team of designers, under the leadership of Ed Welburn, GM vice president of Global Design, created a Cadillac BLS ...

  • 2010 Acura TL Photo Gallery 2010 Acura TL Photo Gallery

    2010 Acura TL 2010 Acura TL Exterior Photos The Acura TL‘s dramatic styling and breathtaking performance are rivaled only by its stunning technological achievements. Each model boasts an impressive engine: a 280-hp, 3.5-liter, VTEC® V-6 in the ...

  • Audi A8 review Audi A8 review

    Audi A8 The Audi A8 is the flagship for the brand and while sales of the car itself will be dwarfed by the A4, A3 and, soon, the A1, it plays a crucial role in ...

  • HOT 2009 Aston Martin Vantage GT4 HOT 2009 Aston Martin Vantage GT4

    Aston Martin Racing has released the 2009 specification Vantage GT4 based on Aston Martin’s new 4.7 litre V8 Vantage. The new Vantage GT4 builds on the success of its predecessor, the 4.3 litre Vantage N24. The ...

  • Audi to tackle Pikes Peak without a driver Audi to tackle Pikes Peak without a driver

    In its latest display of Vorsprung durch Technik, Audi plans to return to Pikes Peak – a hill climb in Colorado synonymous with past motorsport successes – with a “driverless” TTS Coupe quattro. The Autonomous Audi ...

  1. Chris Moran Says:

    Nice writing style. Looking forward to reading more from you.

    Chris Moran