Liberty Bike Insurance

Liberty General Insurance Limited is a renowned private general insurance company in India. It was formed after an amalgamation between Liberty Citystate holdings PTE Ltd, Enam Securities and DP Jindal Group. The stakes are divided into the ratio of 48.7%, 25.32% and 26%. The company finally commenced its business in the year 2013. It always aimed to provide a wide range of the most attractive and user-friendly bike insurance plans and other insurance policies to its customers.

The company offers an ample variety of insurance products ranging from Bike Insurance, Car Insurance, Health Insurance, Commercial Insurance to Engineering risk Insurance. All their policies are designed, keeping in mind consumer satisfaction. Apart from the bike insurance and related sectors, the company also participates towards fulfilling its civic responsibility towards society by setting up Orphanages, Old age homes, etc.

The company achieved a growth rate of 40% in 2018. It has set up its operation across 28 states of India. Currently, it has 97 offices set up in 95 different cities of the nation. It has an employee strength of 1200 and more. Other than the traditional medium of offering bike insurance policies and several other covers through branches, it also provides procedures online through its website and different online aggregators.

Liberty General Insurance company strives to provide a seamless experience for its customer, from insurance solutions to the quality of services provided, the insurance company has set high standards to provide a flawless experience for its customers. The insurance company has bagged several awards. Liberty General Insurance has been honoured with the ‘National Award’ for market excellence in the year 2020. The insurance company has won ‘Asia’s Best Emerging Insurance Company Award 2021.’ The insurance company has also received 'Employer of Choice' award in 2014, the 'Most Influential Retail Leader' award in 2017 and ‘Excellence in Partner Marketing' award in 2019.

Liberty Bike Insurance

Liberty General Insurance is one of the leading insurance providers in India and is widely known for providing a wide range of insurance products at competitive prices. Liberty General Insurance offers three major types of two wheeler insurance policies which are Third Party, Standalone Own Damage and Comprehensive insurance policies. Two wheeler insurance policy is a safety net for an individual who owns a two-wheeler as this insurance policy provides monetary and legal assistance for any third party liabilities and/or damages to the insured vehicle that may happen during an unforeseen event.

Liberty Two-Wheeler Insurance Policy provides coverage for third party liabilities that may occur during any mishap. Two wheeler third party insurance policy provides monetary and legal assistance for third party liabilities such as property damage, bodily injuries, demise or disability of a third party during an accident involving the insured vehicle. This insurance policy is mandatory while driving a two wheeler in India as per the Motor Vehicles Act. An individual caught without a third party insurance policy while driving a two wheeler can be penalised or imprisoned.

Liberty Two Wheeler Standalone Own Damage insurance policy provides compensation for the cost of repairs or replacement in case of damages to the insured two wheeler. Damages to the insured vehicles include damages to the insured vehicle due to an accident, theft/burglary, natural/man-made disasters, fire or explosion etc. A Standalon own damage insurance policy does not cover third party liability but a standalone own damage policy can be purchased if you already have an active third party insurance policy.

Liberty Two Wheeler Comprehensive insurance policy provides coverage for the third party liability and own damages to the insured two-wheeler. Compensation for third party liabilities which include property damage, bodily injuries, demise or disability of a third party and own damages to the insured two wheeler is provided under a comprehensive insurance policy. Such type two wheeler insurance policies are not mandatory but once purchased the policyholder will not require a third party insurance policy separately given the type of coverage provided under a comprehensive policy. Liberty Two Wheeler Comprehensive Insurance policy provides extensive coverage.

Liberty General Insurance also offers several add-on covers which can be opted wih the standalone own damage or comprehensive insurance policy to increase the level of coverage of the insurance policy. Some add-on covers offered by Liberty General Insurance are Depreciation Cover, Consumables Cover, Gap Value Cover, Roadside Assistance Cover and Engine Safe Cover.

Significant Points of Liberty Bike Insurance