Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin
HomeBike InsuranceCompaniesLibertyZero Depreciation
Key Features:
  • Right Green Tick No Inspection Needed
  • Right Green Tick Immediate Policy Issurance
  • Right Green Tick No Paper work

Calculate Your Bike Insurance Price Online

Select your bike brand

  • Honda
  • Hero
  • TVS
  • Hero Honda
  • Bajaj

Which city is your bike registered in?

  • New Delhi
  • Bangalore
  • Mumbai
  • Chennai

When did you buy your bike?

Disclaimer: Actual Premium might vary basis your location, age and number of members

Liberty Zero Depreciation Cover

The procedure of losing the monetary value of the two-wheeler due to wear and tear or routine ageing is known as depreciation. At the time of filing the claim one may have to pay a large amount from their own pocket due to depreciation deductions. An insurance provider can consider depreciation deductions while calculating the claim amount for a two-wheeler insurance policy. Under such circumstances a Zero Depreciation add-on cover can help the policyholder avail the full claim settlement amount.

Benefits of Liberty Zero Depreciation Add-On Cover

Below mentioned are some benefits of choosing a zero depreciation add-on cover with your comprehensive or standalone own-damage two wheeler insurance policy:

  1. Saves Money: With the help of Liberty Zero Depreciation add-on cover one can avail free repair and replacement of the depreciable parts of the two-wheeler. By paying an additional premium for this add-on cover one can save money. The policyholder can save the money required for repair or replacement of the depreciable two-wheeler parts.
  2. More Protection: Zero depreciation add-on cover increases the scope of coverage under a two-wheeler insurance policy. This rider provides additional protection in exchange of additional premium.
  3. Full Claim: A zero depreciation add-on cover helps the policyholder receive the full claim amount. Claim amount for a two-wheeler insurance policy is calculated without considering depreciation deductions. This add-on cover ensures that the policyholder receives the maximum claim amount for their two-wheeler insurance policy.

Depreciation Rate Applicable on Bike With And Without Zero Depreciation Add-on

Age of Bike

Rate of Depreciation Without Zero Depreciation Cover

Rate of Depreciation With Zero Depreciation Cover

Under 6 months

Nil

0%

6 months to 1 year

5%

0%

1-2 years

10%

0%

2-3 years

15%

0%

3-4 years

25%

0%

4-5 years

35%

0%

5-10 years

40%

0%

Above 10 years

50%

0%

Part of Bike

Rate of Depreciation Without Zero Depreciation

Rate of Depreciation With Zero Depreciation

Rubber/nylon/ plastic parts

50%

0%

Fibre glass parts

30%

0%

Glass parts

Nil

0%

What is Included under a Liberty Two-Wheeler Insurance Policy with Zero Depreciation Cover?

Following aspects are covered under a Future Generali Liberty Insurance policy with Zero Depreciation Cover:

  • Compensation for depreciable parts such as nylon, fiberglass, plastic or rubber parts of the two-wheeler is provided under a two-wheeler insurance policy with zero depreciation add-on cover
  • Zero depreciation cover may also include partial damages to the battery and tyres.
  • Cost of repairs/replacement of the depreciable parts beared by the policyholder will be covered at the time of claim settlement.

What is not Included under a Liberty Two-Wheeler Insurance Policy with Zero Depreciation Cover?

Following are some things which shall not be covered under a Liberty Two-Wheeler Insurance policy with Zero Depreciation Cover:

  • Loss or total damage of the insured two-wheeler
  • Damages to the insured two-wheeler due to mechanical fault or failure.
  • Routine ageing/wear and tear is not covered under a two-wheeler insurance policy along with zero depreciation add-on cover

Factors Affecting Liberty Zero Depreciation Cover

Liberty Zero Depreciation Add-On Cover comes with multiple benefits provided that the following conditions are fulfilled:

  • The age of the bike should not exceed 2 years.
  • This cover can be claimed only twice in the entire policy tenure.
  • Repair and replacement due to common wear and tear do not get covered.
  • Coverage is not provided in cases of total loss, mechanical and electrical breakdown of the insured’s bike.

Explore Liberty Bike Insurance

Must Read Articles before buying Liberty Bike Insurance

Liberty Bike Insurance User Reviews

4.8
Rating based on
386 User reviews
Write your review
What users are saying
  • All
  • Zero Depreciation
  • Most Helpful
  • Comprehensive
  • Third Party
  • Own Damage
  • Renewal
  • Cashless Garages
  • Price
  • Premium
  • Policy Download
  • Customer Care
  • Claim
  • Add On
  • Accessible Anytime, Anywhere

    I'm happy because I can use the special tool, the premium calculator of InsuranceDekho. It helps me to figure out the insurance costs of Liberty Bike Insurance any time i want as per my feasibility. It's really handy and works well with my hectic life.

    Read More

    J
    By Jahul Akhtar
    On: June 5, 2024
  • Peace of Mind with Every Drive...

    Every time I hit the road with my Mahindra bike, I have peace of mind knowing that InsuranceDekho's Liberty Bike Insurance Policy’s own damage coverage has my back. It's a reassuring feeling that money can't buy.

    Read More

    By Prakash Thapa
    On: November 21, 2023
  • No Hidden Costs, No Surprises

    I appreciate how the premium calculator provided clear estimates for my Bajaj bike, leaving no room for hidden costs or surprises while purchasing the Liberty Bike Insurance Policy. What you see is what you get, and that's a relief.

    Read More

    By Santosh Singh
    On: November 15, 2023
  • Cost-Efficient Legal Complianc...

    InsuranceDekho's Third-Party Insurance provides cost-efficient legal compliance. The Liberty Bike Insurance Policy is a basic, yet necessary, policy for my Aprilia bike that safeguards against liabilities while keeping your expenses in check.

    Read More

    Y
    By Yash Paul
    On: October 17, 2023
  • Confidently Protected with Ins...

    I bought the Liberty Bike Insurance Policy from InsuranceDekho. The policy provides me with confidence in the protection for my BMW bike. Their efficient claims processing reassures me that I'm in good hands.

    Read More

    M
    By Mukul Pahwa
    On: September 20, 2023
  • No-Claim Bonus Protection for ...

    The no-claim bonus protection offered by InsuranceDekho’s Liberty Bike Insurance Policy is a fantastic feature of their comprehensive coverage. It rewards careful driving habits. Happy to have secured my Hero bike under this policy.

    Read More

    S
    By Saket Bhasin
    On: September 15, 2023
  • Recommended for Responsible Ca...

    I recommend InsuranceDekho's third-party car insurance to responsible car owners who prioritize legal compliance and road safety. I bought the Liberty Bike Insurance Policy and added this benefit to the policy for my Aprilia bike and could not be more happier and secure.

    Read More

    By Rajeev Rai
    On: September 13, 2023
  • Transparent Premium Breakdown

    I appreciate the transparency of InsuranceDekho's premium calculator. I made a wise decision to secure my Royal Enfield with them. It broke down the premium for my Liberty Bike Insurance Policy into understandable components, making it easy to budget.

    Read More

    S
    By Saksham Yadav
    On: September 11, 2023
  • Great for High-End Repairs

    High-end repairs can be expensive, but InsuranceDekho's Zero Depreciation Policy makes them affordable. The Liberty Bike Insurance Policy covers the repair costs without factoring in depreciation for my Royal Enfield.

    Read More

    R
    By Ramit Sarkar
    On: September 5, 2023
  • True Partner in Recovery

    InsuranceDekho has been a true partner in my recovery after accidents. The Liberty Bike Insurance Policy’s efficient claim processing for my for my Triumph bike and support have eased the post-accident stress.

    Read More

    P
    By Prashant Budhiraja
    On: September 1, 2023
  • No Compromises on Safety

    Choosing InsuranceDekho's Comprehensive Coverage along with the Liberty Bike Insurance Policy means no compromises on safety. The policy's extensive coverage ensures that my Kawasaki bike and I are safeguarded against unexpected events.

    Read More

    K
    By Kalzang Murry
    On: August 29, 2023
  • Renewal Benefits for Loyal Cus...

    InsuranceDekho offered renewal benefits for their loyal customers, incentivizing me to renew my Liberty Bike Insurance Policy for my Royal Enfield bike with them.

    Read More

    R
    By Rohan Kalra
    On: August 25, 2023
  • Instant Results for Immediate ...

    I loved how fast InsuranceDekho's premium calculator provided results. It allowed me to make quick decisions without any delays to purchase the Liberty Bike Insurance Policy for my newly bought Aprilia bike.

    Read More

    A
    By Ashwini Kahlon
    On: August 23, 2023
  • Highly Recommended for Third-P...

    I highly recommend InsuranceDekho for third-party car insurance. The Liberty Bike Insurance Policy offers a reliable and straightforward solutions for legal compliance. Happy to have secured my TVS bike under this plan.

    Read More

    S
    By Satvinder Singh
    On: August 22, 2023
  • Seamless Policy Purchase

    The policy purchase and renewal process for InsuranceDekho's comprehensive coverage is seamless and user-friendly. I was bale to buy the Liberty Bike Insurance Policy for my Aprilia bike with ease. It's convenient and time-saving.

    Read More

    By Jatin Lokhandwala
    On: August 16, 2023
  • Trustworthy Partner for Car In...

    InsuranceDekho has proven to be a trustworthy partner for car insurance claims. When I asked their help to file my claim for the Liberty Bike Insurance Policy for my KTM bike, they handled my claim professionally and without any hassle.

    Read More

    R
    By Rajdeep Yadav
    On: August 11, 2023
  • Accurate Premium Estimates for...

    InsuranceDekho's premium calculator provided me with accurate estimates for different insurance plans. Having this information helped me make an informed decision about the Liberty Bike Insurance Policy that was best suited for my needs for my Royal Enfield.

    Read More

    S
    By Samagya Gupta
    On: August 9, 2023
  • Affordable Premiums for Third-...

    I found InsuranceDekho's third-party car insurance for my Yamaha bike to have affordable premiums. The Liberty Bike Insurance Policy is the perfect option for budget-conscious bike owners. Definitely would recommend the policy to others.

    Read More

    A
    By Amit Patel
    On: August 8, 2023
  • Loyalty Benefits

    InsuranceDekho rewarded my loyalty with special benefits and discounts during the Liberty Bike Insurance Policy renewal process for my Benelli bike. Thank you InsuranceDekho for looking out for the loyal clients.

    Read More

    A
    By Aryan Khan
    On: July 31, 2023
  • Own Damage Insurance - A Neces...

    I used to underestimate the importance of own damage insurance until I had to repair my Triumph bike after an accident. Thankfully, the Liberty Bike Insurance Policy’s coverage took care of the expenses, and I realized it was a necessity.

    Read More

    M
    By Mihir Khan
    On: July 28, 2023
  • Excellent Customer Support Dur...

    I had a minor accident, and I called InsuranceDekho's customer support for guidance on filing a claim with the Liberty Bike Insurance Policy for my Honda bike. They were extremely helpful, guiding me through the entire process and making it stress-free. Kudos to the support team!

    Read More

    V
    By Vipul Verma
    On: July 24, 2023
  • Helpful in Understanding Premi...

    InsuranceDekho's premium calculator is helpful in understanding the factors that affect the premium. By adjusting different parameters, I can see how the premium changes for the Liberty Bike Insurance Policy that I bought for my Triumph bike.

    Read More

    L
    By Laxman Pradip
    On: July 20, 2023
  • Efficient Customer Support

    The customer support team at InsuranceDekho was efficient in addressing my queries related to my Honda bike’s third-party policy for my Liberty Bike Insurance Policy. Their professionalism and guidance were commendable.

    Read More

    N
    By Nitin Bagade
    On: July 19, 2023
  • Enhanced Coverage with Add-Ons

    I opted for add-ons with InsuranceDekho's comprehensive policy to enhance the coverage for my Liberty Bike Insurance Policy. Features like zero depreciation and roadside assistance provided additional benefits for my Hero bike.

    Read More

    By Jayant Joshi
    On: July 17, 2023
  • Quick and Efficient

    The cashless garages associated with InsuranceDekho offer prompt and efficient service. My Aprilia car was repaired within the promised timeframe as it was insured with the Liberty Bike Insurance Policy, and the quality of work was excellent.

    Read More

    By Lavi Jain
    On: July 13, 2023
  • Smooth Premium Payment Options

    InsuranceDekho offered smooth premium payment options for the Liberty Bike Insurance Policy’s renewal. Their online platform allowed me to pay securely using various payment methods, including net banking and debit/credit cards for my BMW bike.

    Read More

    A
    By Aadit Jain
    On: July 11, 2023
  • Flexibility in Choosing Repair...

    InsuranceDekho's own damage car insurance that I purchased along with the Liberty Bike Insurance Policy for my TVS bike offered flexibility in choosing a repair garage. I had the freedom to select a preferred garage from their network, allowing me to maintain a trusted relationship with my service provider.

    Read More

    A
    By Arjun Grover
    On: July 10, 2023
  • Worthwhile Investment for New ...

    Opting for InsuranceDekho's zero dep car insurance was a worthwhile investment for my new Vespabike. The Liberty Bike Insurance Policy protected me from the financial impact of depreciation and allowed me to maintain the bike's value.

    Read More

    R
    By Rohan Chadha
    On: July 6, 2023
  • Hassle-free Claims Settlement...

    InsuranceDekho handled my claims settlement process with utmost professionalism. They took charge of communicating with the third party involved, assessing the damages, and settling the claim. Their efficiency and expertise in handling third-party claims made the entire process hassle-free for me. I appreciate their dedication to resolving claims fairly and promptly. I am glad that I took the Liberty Bike Insurance Policy for my Aprilia bike.

    Read More

    V
    By Vivek Kandpal
    On: July 4, 2023
  • Comparative Premium Analysis

    The premium calculator allowed me to compare premiums from multiple insurance providers. It presented the calculated premiums side by side, making it easy to evaluate the cost-effectiveness of different policies. This feature empowered me to choose the Liberty Bike Insurance Policy for my Benelli bike that offered the best value for money based on the coverage and premium amount. Thanks to InsuranceDekho for this feature.

    Read More

    S
    By Sandeep Joshi
    On: June 30, 2023
Liberty Reviews

Liberty Zero-Depreciation Add-on Cover FAQs

  • When can I add Zero Depreciation cover to my Liberty comprehensive bike insurance policy?

    You can add the Zero Depreciation cover to your Liberty comprehensive bike insurance policy at the time of purchase, renewal or in the middle of the tenure. However, an inspection may be conducted by the insurance company to check the condition of the insured’s bike.

  • Does the Zero Depreciation cover provide for rubber parts of bikes?

    Yes, Liberty Zero Depreciation cover provides coverage for rubber parts of the insured’s bike. Thus, when you opt for it, the insurance company does not take into consideration the 50% depreciation rate applicable on it.

  • Who should opt for the Zero Depreciation cover?

    Everyone should opt for Zero Depreciation cover to get the maximum claim amount. However, it is best suited for the following people:

    • New bike owners
    • Inexperienced bike drivers
    • Luxury bike owners
    • Owners living in the accident-prone zones.

  • Do I get free replacement of the fibreglass bike parts under Liberty Zero Depreciation cover?

    Yes, you receive free of cost replacement of the fibreglass bike parts under Liberty Zero Depreciation cover.

  • I don’t own a luxury bike, do I still need to add the Zero Depreciation cover to my policy?

    You can add the Zero Depreciation cover to your policy even if you don’t own a luxury bike for the maximum protection. It will help you to get the parts of your bike repaired or replaced without costing you any money.

FAQ
must dotmust graphics

Why to buy from InsuranceDekho?

  • Instant policy# within 5 mins
  • More than 50 lakhs happy customers
  • Claim Support available all 7 days of the week

Liberty Bike Insurance Contact Details

For any assistance or query, call us on:

Bike Insurance News

News
Car Insurance in 60 Seconds
  • Car No.Bike Policy Steps
  • Select Plan Bike Policy Steps
  • Policy Issued
Liberty Bike insurance starting from ₹ 799/year*
Proceed without bike numberI have a brand new bike

Partner Bike Insurance Companies

Two Wheeler Insurance Companies

Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

Calculate your Two Wheeler IDV

You may also be interested in

    Zero Depreciation Bike Insurance

    Related News

    Bike Insurance News

    Become Vehicle Insurance Agent

      Car Insurance in 60 Seconds
      • Car No.Bike Policy Steps
      • Select Plan Bike Policy Steps
      • Policy Issued
      Liberty Bike insurance starting from ₹ 799/year*
      Proceed without bike numberI have a brand new bike

      Bike Insurance starting from
      ₹1.5/day*

      I agree to *terms & conditions  and privacy policy.
      Don’t know your bike number? Click here
      close
      #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.