Liberty Two-Wheeler Insurance Policy Renewal Online Explained
Updated On Aug 24, 2023
Purchasing insurance for your bike is important. Bike insurance helps you financially in case of any mishaps that can cause damage or total loss to your bike. Read this article to know about the online renewal of Liberty’s two-wheeler insurance policy.
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Two-wheeler insurance, often known as bike insurance, protects you financially against any damages or losses caused by accidents, theft, or even natural catastrophes. Two-wheeler insurance also shields the covered vehicle and its owner from third-party liability in the event that it is involved in an accident that injures someone or damages another vehicle or someone else's property.
Bike insurance is required in India for two-wheeler owners. You might face a large fine, up to three months in prison, or both if you don't have bike insurance.
Liberty Two-Wheeler Insurance Policy Renewal Online
With over 91 percent of all two-wheeler claims satisfied in the previous financial year, Liberty General Insurance is a major general insurance provider in India. Liberty General Insurance continues to expand its reach and impact in India by delivering solutions to customers across a broad spectrum, with over 4300 partner garages as part of an ever-growing network.
Through its cost-effective bike insurance coverage, Liberty General Insurance has successfully protected thousands of its clients from financial and legal obligations originating from road accidents. The policyholder must renew the bike insurance policy before it expires in order to stay insured after it has expired.
For bike insurance plans, Liberty General Insurance has created a straightforward and well-organized online renewal process. Its live helpdesk assists policyholders throughout the procedure.
For the renewal of a bike insurance policy, Liberty General Insurance has devised a simple three-step method, which is detailed below:
Step 1: Go to the official website and find the page for renewal.
- Visit Liberty General Insurance's official website.
- Select "Two-Wheeler Insurance" with your pointer.
- From the drop-down option, choose "Renew Now."
Step 2: Complete the policy information.
- Fill in "Your LGI Policy No." and "Registration no./ Engine no./ Chassis no./New" on the renewal page that appears.
- If the bike was new last year, you must put "New." The policy details are displayed on a new page.
- Proceed to the last step after double-checking and confirming the policy information.
Step 3: Make the renewal payment.
The final step in this process is to make a payment using a debit card, credit card, net banking, or NEFT through their payment portal. Within a few days of making the final payment, you will receive the policy papers in your email inbox.
Your bike insurance coverage protects you from having to pay for third-party charges like property damage and medical bills. Bike insurance is also necessary since it protects your vehicle financially. If your vehicle is destroyed and you do not have bike insurance, you will be responsible for the repair expenses. If you do not have any two-wheeler insurance, you will be responsible for the compensation owed to the surviving members of the deceased person's family in the event of an untimely death of a third party.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.