Liberty Own Damage Bike Insurance

Liberty Own-Damage Bike Insurance Policy – Key Features

The key features of Liberty own-damage bike insurance policy are tabulated below:

*Disclaimer: The above-highlighted information in the table is for reference purposes. Kindly refer to the policy wordings for the exact coverage. 

Why Choose Liberty Own-Damage Bike Insurance?

The own-damage bike insurance covers the cost of repairing or replacing your bike if it gets damaged. This could be due to accidents, theft, natural disasters like floods or earthquakes, man-made disasters like fire, civil disorder, etc. It only covers damage to your own vehicle. For complete protection, pairing this policy with mandatory third-party bike insurance is highly recommended.

The reasons that make Liberty own-damage bike insurance policy a must-buy involves the following:

• Cashless Claim Facility: You can get your bike repaired at any of the network garages of the insurer without the hassle of upfront payments.
• 24*7 Customer Support: Liberty General Insurance Limited provides round-the-clock assistance for any two wheeler insurance related queries or emergencies.
• Roadside Assistance: In the event of an accident, the insurer provides roadside assistance and any other related support you may need.

Inclusions of Liberty Own-Damage Bike Insurance

The inclusions of the Liberty own damage bike insurance cover are listed below:

• Costs for repairing or replacing the bike if it's damaged in an accident.
• Compensation if the bike is stolen.
• Coverage for loss or damages caused by events like floods, earthquakes, storms, or lightning.
• Protection against damages from events such as fire, riots, or vandalism.
• Coverage for damages due to fire, explosion, or self-ignition.
• Protection against loss or damages sustained while your bike is transported by road, rail, air, or water.

Exclusions of Liberty Own-Damage Bike Insurance

The certain exclusions where the insurance company does not provide coverage are as follows:

• The policy does not cover the depreciation of the bike's value over time.
• Mechanical or electrical breakdowns are not covered.
• Damages or losses arising to the third-party by an insured two-wheeler in a road accident. 
• Damages caused while riding under the influence of alcohol or drugs are excluded.
• Damages occurring when the bike is used for purposes other than what is stated in the policy. 
• Any damage or loss that does not comply with the terms and conditions of the policy.

How to Buy Liberty Own-Damage Bike Insurance Online?

Follow the steps below to buy Liberty two-wheeler insurance online:

Step 1: Go to Policybazaar.com and select the 'Insurance Products' option from the top menu.

Step 2: Choose 'Own Damage Bike Insurance' from the list of options.

Step 3: After entering the bike details accurately, tap on the 'View Prices' button.

Step 4: Select Liberty own-damage bike insurance and fill in the requested details. 

Step 5: Finally, make the premium payment online to receive the policy document on your registered email ID. 

How to Raise Liberty Own-Damage Bike Insurance Claims?

To raise Liberty own-damage bike insurance claim, follow the steps mentioned below:

Step 1: Reach out to your insurance company by email or phone to report the incident.

Step 2: Go to the insurer's website, download the claim form, fill it out correctly, sign it, and gather all required documents.

Step 3: Send the filled-out claim form and the necessary documents to your insurance company.

Step 4: After receiving your claim request, the insurer will assign a surveyor to inspect the damage to your two-wheeler.

Step 5: The surveyor will provide the insurance company with a detailed report, based on which the company will accept or reject the claim.

Step 6: If your claim request is approved, you can get your motorbike repaired without paying upfront at any of the network garages. If you choose a non-approved garage, you will have to pay first and then submit the bills to the insurer for reimbursement.

Documents Required for Liberty Own-Damage Bike Insurance Claim

You need the following documents to file the Liberty own-damage two wheeler insurance claim: 

• FIR copy (if applicable)
• Own-damage bike insurance policy 
• Rider's Driving Licence in case of an accident
• Bike's Registration Certificate or RC
• Accurately filled and signed claim form
• Additional documents, if required by the insurance provider

FAQs About Liberty Own-Damage Bike Insurance Policy