Car insurance provides the financial cover you need at the time of an accident. While driving, especially if you are alone in an emergency, the right cover is precisely what you need. It also lends you peace of mind at the same time.
When you buy a car insurance policy from Liberty General Insurance (LGI), you get more than basic protection. With it, car owners like you are covered against the below crucial factors:
As we said earlier, a four-wheeler insurance policy from Liberty General gives you more than basic protection. Our services are efficient, convenient, and our products are best-in-class. Let us take a look at the significant benefits you can get with our car policy:
You have access to inspection & cashless claim service at more than 4300 network garages
You can settle your claim conveniently and at the earliest.
You can renew an existing policy from any insurance provider and bring it to Liberty General Insurance for better services. This includes your current no-claim bonus.
You can choose from several additional protective covers for your convenience.
You can get effective claims support & assistance from 8:00 AM to 8:00 PM seven days a week.
There are five reasons why you must have car insurance:
At Liberty General Insurance, you can choose between two types of car policies. You can visit the nearest branch; however, if you buy car insurance online, it is more convenient and faster. Take a look at both policy options:
*Add-on covers vary based on how old your vehicle is. Do check with your insurance provider for more information.
What Does Your 4-Wheeler Insurance Include?
Car policy covers have inclusions and exclusions, here is our list of both. At Liberty General, our car insurance includes own damage to the vehicle insured caused by:
What are the exclusions in a car insurance policy?
Your Liberty General four-wheeler insurance excludes the following:
Whether you buy car insurance online or offline, you need to know about these inclusions and exclusions.
Additional Covers from Liberty General:
When you buy car insurance, you can also opt for add-on covers based on your needs. Let's take a look:
a) Depreciation Cover
Under this cover, you can claim the depreciation amount deducted on the value of parts. These are parts you may have replaced as a result of an admissible claim under the Own Damage Section of your policy.
Conditions Under Which You Can Claim this Cover:
You have to repair the insured vehicle at any of Liberty General's authorised garages.
Exclusions Under this Cover:
You cannot claim repairs at any of our authorised garages.
b) Consumables Cover
It covers expenses towards "those items of specific use which at the time of loss are either consumed or rendered unfit for further consumption" arising out of damage to the vehicle insured and to its accessories.
Consumables shall mean those items which have a specific use and are useless or unfit when applied to their respective uses after a while. These items include grease, lubricants clip, air conditioner gas, bearings, engine oil, oil filter, brake oil, nut and bolt, screw, washers and other perishable parts.
Special conditions applicable:
Exclusions Under this Cover:
c) Gap Value Cover
Under this cover, you can claim the difference between what you receive under the 'Own Damage Section' and the price on your purchase invoice.
It also covers road tax and first-time registration charges if you specifically declare them and pay an additional premium.
Liberty General's maximum liability is limited to the sum insured mentioned in the policy schedule.
Special Conditions of this benefit
Exclusions
d) Roadside Assistance Cover
If your insured vehicle breaks down, you can get roadside assistance from Liberty General Insurance. You can get in touch with a pre-approved, local mechanic or garage owner anywhere in India. We are one of the few insurance companies to have this add-on benefit. The related services under this cover include:
Special conditions
You will have to pay charges for any services which do not form part of the standard services. These additional expenses include replacement of a part, additional fuel which are beyond the allowable expenses.
Exclusions Under this Cover:
e) Passenger Assistance Cover
This is a comprehensive cover for the safety of people travelling with you in your car. The expenses include:
Special Conditions applicable to this Medical Expenses Coverage:
Liberty General will cover medical expenses for treatment taken from only registered medical practitioners. These practitioners must have registrations from their respective medical councils.
f) Key Loss Cover
If you extra premium as mentioned in your car policy schedule, you can get this coverage subject to terms, conditions, exclusions and limitations. You can get reimbursement for these expenses:
Special Condition for Not Using this Cover
Special Condition for Not Using this Cover: It is vital to provide a police report confirming the incident details that occurred during the mentioned policy.
g) Engine Safe Cover
You can apply for an add-on cover to pay for your engine. The cover also extends to expenses including the engine block and gearbox. You can claim for expenses to your car engine only under these conditions:
Special Conditions:You can claim for repairs under water ingression only after you provide sufficient evidence of the vehicle being submerged or having stopped in a waterlogged area.
The vehicle is taken to the garage within 24 hours after water levels recede in the waterlogged area. You have to inform Liberty General of reduced water levels within three days.
You must take reasonable care to avoid further damage to your car's engine or gearbox after water ingression or leakage of lubricating oil. You must not try to crank or push-start the engine after the undercarriage is damaged or your car stops due to waterlogging.
Special Exclusions Under this Cover:Any loss or damage covered under the manufacturer's warranty or part of manufacturer's recall.
Any loss or damage to the engine or gearbox due to delayed intimation to Liberty General or delay in retrieving the insured vehicle from a waterlogged area.
What Does Your 4-Wheeler Insurance Include?
Car policy covers have inclusions and exclusions, here is our list of both. At Liberty General, our car insurance includes own damage to the vehicle insured caused by:
What are the exclusions in a car insurance policy?
Your Liberty General four-wheeler insurance excludes the following:
Whether you buy car insurance online or offline, you need to know about these inclusions and exclusions.
Additional Covers from Liberty General:
When you buy car insurance, you can also opt for add-on covers based on your needs. Let's take a look:
a) Depreciation Cover
Under this cover, you can claim the depreciation amount deducted on the value of parts. These are parts you may have replaced as a result of an admissible claim under the Own Damage Section of your policy.
Conditions Under Which You Can Claim this Cover:
You have to repair the insured vehicle at any of Liberty General's authorised garages.
Exclusions Under this Cover:
You cannot claim repairs at any of our authorised garages.
b) Consumables Cover
It covers expenses towards "those items of specific use which at the time of loss are either consumed or rendered unfit for further consumption" arising out of damage to the vehicle insured and to its accessories.
Consumables shall mean those items which have a specific use and are useless or unfit when applied to their respective uses after a while. These items include grease, lubricants clip, air conditioner gas, bearings, engine oil, oil filter, brake oil, nut and bolt, screw, washers and other perishable parts.
Special conditions applicable:
Exclusions Under this Cover:
c) Gap Value Cover
Under this cover, you can claim the difference between what you receive under the 'Own Damage Section' and the price on your purchase invoice.
It also covers road tax and first-time registration charges if you specifically declare them and pay an additional premium.
Liberty General's maximum liability is limited to the sum insured mentioned in the policy schedule.
Special Conditions of this benefit
Exclusions
d) Roadside Assistance Cover
If your insured vehicle breaks down, you can get roadside assistance from Liberty General Insurance. You can get in touch with a pre-approved, local mechanic or garage owner anywhere in India. We are one of the few insurance companies to have this add-on benefit. The related services under this cover include:
Special conditions
You will have to pay charges for any services which do not form part of the standard services. These additional expenses include replacement of a part, additional fuel which are beyond the allowable expenses.
Exclusions Under this Cover:
e) Passenger Assistance Cover
This is a comprehensive cover for the safety of people travelling with you in your car. The expenses include:
Special Conditions applicable to this Medical Expenses Coverage:
Liberty General will cover medical expenses for treatment taken from only registered medical practitioners. These practitioners must have registrations from their respective medical councils.
f) Key Loss Cover
If you extra premium as mentioned in your car policy schedule, you can get this coverage subject to terms, conditions, exclusions and limitations. You can get reimbursement for these expenses:
Special Condition for Not Using this Cover
Special Condition for Not Using this Cover: It is vital to provide a police report confirming the incident details that occurred during the mentioned policy.
g) Engine Safe Cover
You can apply for an add-on cover to pay for your engine. The cover also extends to expenses including the engine block and gearbox. You can claim for expenses to your car engine only under these conditions:
Special Conditions:You can claim for repairs under water ingression only after you provide sufficient evidence of the vehicle being submerged or having stopped in a waterlogged area.
The vehicle is taken to the garage within 24 hours after water levels recede in the waterlogged area. You have to inform Liberty General of reduced water levels within three days.
You must take reasonable care to avoid further damage to your car's engine or gearbox after water ingression or leakage of lubricating oil. You must not try to crank or push-start the engine after the undercarriage is damaged or your car stops due to waterlogging.
Special Exclusions Under this Cover:Any loss or damage covered under the manufacturer's warranty or part of manufacturer's recall.
Any loss or damage to the engine or gearbox due to delayed intimation to Liberty General or delay in retrieving the insured vehicle from a waterlogged area.
Answer. Yes, motor insurance is mandatory in India. You have to have at least a third-party car insurance policy in India. It is a statutory requirement as per the Motor Vehicles Act, 1988.
Answer. It is an insurance policy that protects cars against damage or loss resulting from an accident, theft or any other third-party liability. You can buy car insurance online or by visiting a Liberty General Insurance branch.
Answer. At Liberty General, there are two types of car insurance:
Third-party insurance is essential and mandatory for every car on the road. It only covers loss or damage suffered by a third party in case of an accident in an insured vehicle. A 'Liability Only' policy does not cover any loss or damage to the insured vehicle or the insured.
This policy Includes loss or damage to the insured as well as the third-party, in case of theft or accident.
Answer. A commercial car insurance policy is required if you use or operate a commercial vehicle up to 3500 GVW. For example, a black and yellow taxi.
Answer. Yes. Insurers generally offer car insurance policies for 12 months. So you will have to renew your car insurance every year. If you like, you can buy car insurance online. In this way, you can get benefits like better premiums, minimal paperwork, and much more.
Answer. Third-party car insurance is mandatory in India. But you should buy a policy according to your requirements. As the Liability Only policy covers third-party liability exclusively, you will not be able to claim any damage to your vehicle. Hence, it is advisable to buy a comprehensive cover as it protects you and your car against accidental damages or losses.
Answer. These factors can affect your car insurance policy premium:
Answer. An Insured Declared Value or an IDV (of the sum insured under your car policy) reflects the value of your car. This value is determined based on the manufacturer's listed selling price and depreciation based on your car's age. The IDV is fixed at the start of each policy period for each insured vehicle. The IDV applies to Total or Constructive Total Loss (TL/CTL) claims only. For TL/CTL claim settlement, this IDV will not change during the currency of the policy period in question. The insurer's liability shall in no circumstance exceed the IDV as specified in the policy schedule less the value of the wreck & excess.
The IDV depreciates with age, which means car insurance prices for a new car will be higher than an old car.
Answer. No-claim bonus (NCB) is a discount in OD premium offered by vehicle insurance companies on car insurance. This bonus applies only if an Insured has not made a single claim during the term of the car policy. The NCB slab is set at (GR 27). You are entitled to an NCB only at the time of policy renewal. Moreover, this bonus applies only to new car insurance policies, and each policy tenure is 12 months.
You can transfer a No Claim Bonus on another new car insurance policy subject to you having an NCB Reserving Letter.
You are ineligible for an NCB in these two situations:
Answer. The next slab of an NCB will be allowed in the new car policy of your new insurer. This is subject to a no-ownership transfer, no claim in the previous policy and the previous policy has to have been active for the entire tenure of 12 Months (365 days). You can compare quotes and the benefits of purchasing the best car insurance policy in India with the advantage of NCB.
Answer. Using a car insurance calculator, you can calculate the estimated premium for your car insurance online. Just enter your requirements in the online calculator to get instant insurance quotes. Doing this will help you get your hands on the best car insurance in India.
Answer. It is beneficial to buy a car policy online in India, as there are various policies from which to choose. You can make more informed decisions. When you buy any car policy online, research thoroughly and then decide. Buying online also helps you save time and money. You can also get more benefits.
Answer. Yes, you can buy LGI car insurance online. Whether you want to buy new car insurance online or renew it, both options are available on the LGI website.
Answer. Liberty General offers two types of car insurance- a Package Policy and a Third Party Liability Policy.
Answer. Liberty General's car insurance policies are among the best in India, and they offer maximum coverage through 7 add-on covers:
Answer. All electrical and non-electrical accessories will be covered under LGI's car policies as follows:
Electrical accessories which aren't factory-fitted will be covered under the insurance policy on payment of additional premium.
Any non-electrical equipment which is not factory-fitted will be covered under non-electrical accessories at an additional premium.
Answer. Liberty General's car insurance coverage for third-party damages includes:
Answer. With Liberty General car insurance, you can get cashless claim services at 4300 network garages.
Answer. You can register your claim in the following ways-
Answer. There are multiple online payment options, e.g. credit card, net banking, debit card, etc.
Answer. Yes. Liberty General offers personal accident cover to the owner/driver. However, you can also purchase an add-on personal accident cover for your passengers by paying extra premium.
Answer. You can buy car insurance online through our website or visit a branch nearest to you. You can locate a branch nearest to you by using the 'Branch Locator' option on our website. However, buying four-wheeler insurance online is a better option as you get a policy instantly with minimal paperwork, and you get better benefits as well.
Car Insurance Glossary (A)
Car Insurance Glossary (B)
Car Insurance Glossary (C)
Car Insurance Glossary (D)
Car Insurance Glossary (E)
Car Insurance Glossary (I)
Car Insurance Glossary (L)
Car Insurance Glossary (N)
Car Insurance Glossary (O)
Car Insurance Glossary (P)
Car Insurance Glossary (R)
Car Insurance Glossary (S)
Car Insurance Glossary (T)
Answer. Yes, motor insurance is mandatory in India. You have to have at least a third-party car insurance policy in India. It is a statutory requirement as per the Motor Vehicles Act, 1988.
Answer. It is an insurance policy that protects cars against damage or loss resulting from an accident, theft or any other third-party liability. You can buy car insurance online or by visiting a Liberty General Insurance branch.
Answer. At Liberty General, there are two types of car insurance:
Third-party insurance is essential and mandatory for every car on the road. It only covers loss or damage suffered by a third party in case of an accident in an insured vehicle. A 'Liability Only' policy does not cover any loss or damage to the insured vehicle or the insured.
This policy Includes loss or damage to the insured as well as the third-party, in case of theft or accident.
Answer. A commercial car insurance policy is required if you use or operate a commercial vehicle up to 3500 GVW. For example, a black and yellow taxi.
Answer. Yes. Insurers generally offer car insurance policies for 12 months. So you will have to renew your car insurance every year. If you like, you can buy car insurance online. In this way, you can get benefits like better premiums, minimal paperwork, and much more.
Answer. Third-party car insurance is mandatory in India. But you should buy a policy according to your requirements. As the Liability Only policy covers third-party liability exclusively, you will not be able to claim any damage to your vehicle. Hence, it is advisable to buy a comprehensive cover as it protects you and your car against accidental damages or losses.
Answer. These factors can affect your car insurance policy premium:
Answer. An Insured Declared Value or an IDV (of the sum insured under your car policy) reflects the value of your car. This value is determined based on the manufacturer's listed selling price and depreciation based on your car's age. The IDV is fixed at the start of each policy period for each insured vehicle. The IDV applies to Total or Constructive Total Loss (TL/CTL) claims only. For TL/CTL claim settlement, this IDV will not change during the currency of the policy period in question. The insurer's liability shall in no circumstance exceed the IDV as specified in the policy schedule less the value of the wreck & excess.
The IDV depreciates with age, which means car insurance prices for a new car will be higher than an old car.
Answer. No-claim bonus (NCB) is a discount in OD premium offered by vehicle insurance companies on car insurance. This bonus applies only if an Insured has not made a single claim during the term of the car policy. The NCB slab is set at (GR 27). You are entitled to an NCB only at the time of policy renewal. Moreover, this bonus applies only to new car insurance policies, and each policy tenure is 12 months.
You can transfer a No Claim Bonus on another new car insurance policy subject to you having an NCB Reserving Letter.
You are ineligible for an NCB in these two situations:
Answer. The next slab of an NCB will be allowed in the new car policy of your new insurer. This is subject to a no-ownership transfer, no claim in the previous policy and the previous policy has to have been active for the entire tenure of 12 Months (365 days). You can compare quotes and the benefits of purchasing the best car insurance policy in India with the advantage of NCB.
Answer. Using a car insurance calculator, you can calculate the estimated premium for your car insurance online. Just enter your requirements in the online calculator to get instant insurance quotes. Doing this will help you get your hands on the best car insurance in India.
Answer. It is beneficial to buy a car policy online in India, as there are various policies from which to choose. You can make more informed decisions. When you buy any car policy online, research thoroughly and then decide. Buying online also helps you save time and money. You can also get more benefits.
Answer. Yes, you can buy LGI car insurance online. Whether you want to buy new car insurance online or renew it, both options are available on the LGI website.
Answer. Liberty General offers two types of car insurance- a Package Policy and a Third Party Liability Policy.
Answer. Liberty General's car insurance policies are among the best in India, and they offer maximum coverage through 7 add-on covers:
Answer. All electrical and non-electrical accessories will be covered under LGI's car policies as follows:
Electrical accessories which aren't factory-fitted will be covered under the insurance policy on payment of additional premium.
Any non-electrical equipment which is not factory-fitted will be covered under non-electrical accessories at an additional premium.
Answer. Liberty General's car insurance coverage for third-party damages includes:
Answer. With Liberty General car insurance, you can get cashless claim services at 4300 network garages.
Answer. You can register your claim in the following ways-
Answer. There are multiple online payment options, e.g. credit card, net banking, debit card, etc.
Answer. Yes. Liberty General offers personal accident cover to the owner/driver. However, you can also purchase an add-on personal accident cover for your passengers by paying extra premium.
Answer. You can buy car insurance online through our website or visit a branch nearest to you. You can locate a branch nearest to you by using the 'Branch Locator' option on our website. However, buying four-wheeler insurance online is a better option as you get a policy instantly with minimal paperwork, and you get better benefits as well.
Car Insurance Glossary (A)
Car Insurance Glossary (B)
Car Insurance Glossary (C)
Car Insurance Glossary (D)
Car Insurance Glossary (E)
Car Insurance Glossary (I)
Car Insurance Glossary (L)
Car Insurance Glossary (N)
Car Insurance Glossary (O)
Car Insurance Glossary (P)
Car Insurance Glossary (R)
Car Insurance Glossary (S)
Car Insurance Glossary (T)