Comprehensive Policy Liberty Motor Insurance

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Having a vehicle is more than just having a means of transportation. It is an emotional investment and also your key to freedom. However, owning a vehicle comes with numerous responsibilities. One of them is securing your vehicle against risks such as accidents and calamities. Here is comprehensive motor insurance. It helps you financially cover the unwanted and unforeseen events that cause damage to your vehicle.

With Liberty Motor Insurance's Comprehensive Policy Insurance Plan, you have a financial shield that covers damages, loss, and liabilities of your vehicle in case of an accident. With features such as third-party liability, easy telephonic support, financial protection against losses, and more, the coverage is comprehensive. Continue reading to know the policy in detail.

Highlights of Liberty Comprehensive Policy

Claim settlement Ratio – 97%

NCB – Available, starts at 20%, up to 50% (maximum)

Network Garage – 5000+

Road Side Assistance – Available

Comprehensive coverage

Access to a wide network of around 4300+ garages.

A wide range of riders for your cars and bikes.

Easy and quick claim settlement

Get all your insurance related queries answered

Features and Benefits of the Liberty Motor Insurance Comprehensive Policy

Planning to insure your vehicle with Liberty Motor Insurance's Comprehensive Policy Insurance Plan? You get to enjoy a variety of benefits. From customer-centric design to vast coverage, it aims to help you when you need it the most. Here are the features and benefits of the Liberty Motor Insurance Comprehensive Policy. Consider taking a look to learn more about the plan.

Comprehensive Coverage

One of the striking features of Liberty Motor Insurance's Comprehensive Policy is its coverage. The policy covers the financial burden for a variety of damages, ranging from damage due to accidents to loss caused by burglary, fire, natural calamities, and malicious intent, among others.

Easy Repairs with a Wide Network of Cashless Garages

Another prominent feature of the Liberty Motor Insurance Comprehensive Policy is related to its network of garages. With access to over 4,300 spread across India, you are assured of easy, quick repairs, with minimal hassle and paperwork.

No-Claim Bonus

With Liberty Motor Insurance Comprehensive Policy, you also get to avail of a no-claim bonus. These are policy rewards that can be accumulated for each year with zero claims. These rewards can ultimately be used to avail discounts on your premium, making your policy more cost-effective.

High Claim Settlement Ratio

Another feature of the Liberty Motor Insurance Comprehensive Policy is its claim settlement process. The ratio is high, indicating the company's dedication to serving its customers and resolving claims in an easy, effective manner with reduced effort and hassle.

Access to a Range of Riders

Not to forget, with Liberty Motor Insurance's Comprehensive Policy, you also get to choose from a variety of riders for your car or two-wheeler. The plan offers riders depreciated cover, consumable expenses, engine safe cover, and roadside assistance cover, which can be availed of as per your preferences.

Easy Telephonic Assistance

With Liberty Motor Insurance's Comprehensive Policy, you also get to avail of easy telephonic support that can help you with claim support or any other query related to your vehicle insurance.

Wish to Enhance Your Coverage? Take a look at the Riders Available with Liberty Motor Insurance Comprehensive Policy

One of the prominent features of Liberty Motor Insurance's Comprehensive Policy is its add-ons. These are diverse and allow you to customise your plan and make it more personal and well-rounded. Here is a list of some popular add-ons you may want to consider to enhance the coverage of your plan.

Add-On Covers	Details
Roadside Assistance	Available with both comprehensive two-wheeler and car insurance policies, this rider ensures you no longer need to be stranded in the middle of nowhere in case of a broken vehicle. Coverage is offered for assistance with relocating the damaged vehicle, repair services, and other related expenses.
Depreciation Cover	With this rider, you ensure that no depreciation cost is deducted from the cost of your vehicle’s parts.
Consumables Expenses Cover	With this add-on, you ensure coverage of the expenses for consumable items, meaning items that are consumed or no longer usable due to vehicle damage or damage to its accessories.
Gap Value Cover	This rider helps you claim the difference between your purchase invoice and what you receive and understand the own damage provision.
Engine Safe Cover	This rider can be used to cover the expenses of repairing the engine, gearbox, etc. Repairs under water ingression are covered.
Passenger Assistance Cover	Available with comprehensive car insurance policies, this rider ensures coverage for the security of people travelling with you. Covers expenses like medical charges, hospital allowance, medical transport allowance, etc.
Key Loss Cover	This rider helps cover the cost of replacing your keys in the event of loss or break-in.

Disclaimer

NCB* - The insured is entitled for a No Claim Bonus (NCB) of 20% for raising no claims during a policy year, which can go up to a maximum of 50% under the NCB policy of Liberty motor insurance.

Network garage# - Liberty car insurance policy offers hassle-free claim settlement in 4300+ network garages pan India.

(For More Information Refer to Policy Wording)

Liberty Motor Insurance Comprehensive Policy: What is Covered?

Here is a list of policy inclusions under the Liberty Motor Insurance Comprehensive Policy to understand what is included in your plan.

Protection Against Accidental Loss

Any expenses incurred on damages caused by an accident from external impact are covered. Coverage is offered against collisions on roads or even parking lots.

Third-party Liability

Any expenses incurred on covering third-party damage to property or vehicle are also covered under the comprehensive motor policy.

Protection Against Natural Calamities

Damage caused by natural events, such as earthquakes, storms, and floods, is also covered.

Protection Against Personal Injuries

Any expenses incurred on the treatment of bodily injuries of the owner-driver are also covered. The nature of the injury helps determine the compensation scale under the policy terms and conditions.

Support Against Accidents in Transit

Coverage is also available in the event of damage to vehicles during transit. It includes all kinds of transportation, whether by road, railway, lift, or waterway.

Loss Due to Burglary

Loss incurred by the loss of your car in case of housebreaking or burglary is also covered under comprehensive car insurance.

Loss Caused by Fire, Lightning

Coverage is also included for any irreparable damage caused to your vehicle in events like fire, lightning, ignition, etc.

Loss Caused by Malicious Acts

Damage caused by malicious acts, such as strikes and riots, is also covered.

Liberty Motor Insurance Comprehensive Policy: What is Not Covered?

Here is a list of policy exclusions under the Liberty Motor Insurance Comprehensive Policy. Consider reviewing this to understand what is not part of your plan.

Regular Wear and Tear

Regular wear and tear of your vehicle, which may be caused by daily transportation, electrical failure, or breakdown, is not covered.

Damage Done While Driving with an Invalid License

Any expenses incurred from the damages done while the driver was driving without a valid license or under the influence of drugs or alcohol are not covered.

Loss Related to Depreciation

Any loss that is a part of the regular depreciation of your car as time passes is also not covered.

Damage Caused by War, Nuclear Perils, etc.

Any loss or damage to your vehicle resulting from a war, mutiny, or nuclear-like situation is not covered under the plan.

Tube and Tyre Damage

Regular damage to your tubes or tyres that is not a result of an accident is not covered.

Damage Done Outside Indian Boundaries

Any loss or damage to your vehicle done outside the geographical boundaries of India is also not covered.

Cost of Oil

Any expenses made on engine oil or consumables are also not covered under the comprehensive bike insurance policy.

Pros & Cons of Comprehensive Policy - Liberty Motor Insurance

The comprehensive motor insurance from Liberty is best for your hassle-free policy buying and renewal processes

The plan allows you access to inspection and cashless claim service at more than 5000+ network garages

It offers seamless claim assistance at any given time to settle claims conveniently and at the earliest

The plan gives the insured the option to buy additional riders for extra protective cover

The efficient customer care team of the insurer offers telephonic services from 8:00 AM to 8:00 PM seven days a week

The comprehensive policy doesn’t cover wear and tear from regular use, any electrical or mechanical failure, breakage etc. are not covered

If the damage to your vehicle is caused while you were driving with an invalid driving license or under the influence of alcohol/drugs, it is not covered under the plan

The loss incurred due to depreciation in the value of your car is also not covered

If any claims arise because of contractual liability, they are not covered

Damage to a car caused due to war or war like situations, nuclear threats, etc. are also not covered

Our verdict

Having motor insurance is not just about financial protection; it's also about peace of mind. It secures your vehicle, offers your financial protection against losses, and provides peace of mind with adequate coverage. With a plan like Liberty Motor Insurance Comprehensive Policy, you get to enjoy a variety of perks. For instance, there is vast coverage. There are multiple riders to choose from, and you can avail yourself of telephonic assistance, protection against accidents, natural calamities, and more. This ensures you've done enough to secure your vehicle.

If you haven’t done it already, get your motor insurance policy from Paybima today!

Speak to an Advisor

Liberty Motor
Insurance Company

The company provides comprehensive commercial retail and industrial insurance products and solutions. It offers personal accident and health insurance, commercial employee compensation insurance, two-wheeler and car insurance, marine insurance, engineering and fire insurance, commercial liability insurance and other types of insurance solutions to its customers.

Founded In

2013

Claim Incurred Ratio

73.73%

Turnover (GWP)

INR 1,382+ Crore

JV Partners

Liberty Citystate holdings PTE Ltd & Enam Securities

Claims Experience

Claims Experience Rating 4.7

Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?

97%

% of Complaints received on overall claims
% customers unhappy with claims experience

Less

Network Garage

5000+

Claim Incurred Ratio

73.73%

Benefits of Liberty Motor Insurance - Comprehensive Policy


Own Damage Cover	Coverage Available
Convenience	Easy and quick repairs available
Network Garage	Available
Claim Settlement	Fast and hassle-free
Add-on cover	Available
NCB benefits	For every claim-free year

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Ask Anything as We Have Answers to Everything in Insurance

Yes, one can buy them online including new car insurance policy as well as policy renewal.

Liberty offers two types of car insurance - a Third Party Liability Policy and a Package Policy or comprehensive car insurance plans.

The insurer offers 5000+ network garages for cashless claims

You can register your claim by calling the insurer at 1800 266 5844 or by registering on car insurance claims online.

You can pay for car insurance online in multiple ways and payment options, such as credit card, net banking, debit card, etc.

The premium of your vehicle insurance is affected by a variety of factors. Some of these factors may include the type of coverage you want, the claim history of your vehicle, the type of riders you choose, your geographical location, and others.

Yes, with Liberty Motor Insurance's Comprehensive Policy Insurance Plan, you can easily transfer the No Claim Bonus (NCB) benefits from one vehicle to another. However, you cannot transfer it from a car to a bike or vice versa.

Here is a list of some of the policy exclusions under the Liberty Motor Insurance Comprehensive Policy Insurance Plan:

Damage caused by regular wear and tear
Damage done while driving without a license
Damage done under the influence of drugs or alcohol
Loss caused by natural depreciation of your vehicle parts, etc.