Benefits of Liberty Insurance Private Car Package Policy

Liberty General Insurance is a joint venture between Industries Limited and Liberty Citystale Holdings PTE Ltd. The organisation offers a diverse range of insurance products and has established itself in more than 20 Indian cities. Third-party vehicle insurance, standalone own-damage car insurance, and comprehensive car insurance are examples of these. These vehicle insurance packages are available to both novice and experienced car owners. In this article, you can read about the benefits of purchasing car insurance with Liberty General Insurance. 

Types of Coverage Plans Offered By Liberty General Insurance

When you are purchasing car insurance, it is very important to choose the policy that offers the most adequate coverage. At Liberty General Insurance, you can choose from Third Party Car Insurance and the Private Car Package Policy. While third party car insurance covers only third party’s damage compensation, the package policy of liberty general insurance offers comprehensive coverage to your car. This plan provides coverage for all third-party liabilities as well as damages to the covered vehicle based on its Insured Declared Value (IDV). 

Advantages of Private Car Package Policy of Liberty General Insurance

When you choose comprehensive coverage for your car, you will be choosing to remain on the safer side both financially and legally. The following are the benefits of purchasing a private car package policy with Liberty General Insurance - 

• Reputed & Reliable Insurance Provider 

Accidents may be both unpleasant and expensive. It may be tough to organise your funds during this stressful period. This is why it's critical that you buy car insurance from a trustworthy company with a high CSR ( Claim Settlement Ratio). Liberty General Insurance has a high claim settlement percentage for your car insurance claims, with an 87.48 percent claim settlement ratio (FY 2020-2021). You may have a seamless claim procedure online with Liberty General Insurance in just a few easy steps, thanks to a specialised staff of claim specialists.

You may also like to read:- Personal Accident Car Insurance Coverage: A Handy Guide

• Simple To Purchase, Renew And Claim

While purchasing car insurance, you must also pay attention to the simplicity and the convenience of the facilities like online purchase and renewal along with a seamless claim settlement process. At Liberty General Insurance, you can avail these facilities without any hassle online on the official website of Liberty General Insurance. 

• Additional Covers

It's difficult to get the full coverage you need for your car with a standard car insurance policy. When you purchase the Private Car Package Policy, you may customise your policy to meet your unique needs and add your preferred riders as you like. At Liberty General Insurance, you may choose from nine different add-on coverage options, all of which can come in handy in a need. The following add-on coverages are available via Liberty General Insurance - 

• Depreciation Cover
• Consumable Cover
• GAP Value Cover
• Roadside Assistance Cover
• Passenger Assistance Cover
• Key Loss Cover
• Engine Safe Cover
• Loss of Personal Belongings
• Daily Allowance 

• Convenient Cashless Facility 

This is one of the most useful services provided by any insurance provider, and it is something you should think about when comparing vehicle insurance coverage. This policy allows you to repair your car for free at one of the insurance company's networks facilities. It's quick and straightforward since the insurance company will assess and pay for the repairs directly. Liberty General Insurance has a network of over 4,300 garages, allowing you to fix your automobile whenever you want in the garage nearest to you without having to worry about payment. The required deductible, on the other hand, will be your responsibility.

Also Read:- Reasons Why Car Insurance Companies Can Reject Your Claims

Take Away

Car insurance is both a need and a necessity. Before driving your car, make sure you have car insurance to avoid high repair costs and legal concerns. However, to acquire the greatest car insurance plan for you, remember to compare various insurance policies before purchasing one.

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.