Liberty Third-Party Bike Insurance

Third-party insurance is mandatory for all bike owners in India. Liberty third-party bike insurance covers multiple liabilities caused to the third party, including death and disability. The policy also covers third-party property damages.

Read more
Get Two-Wheeler Insurance
Starting @ only ₹538/year#
  • Compare & Save upto 85%*

  • 20+ Insurers

    To Choose From
  • 1.2 Crore+

    Bikes Insured

#TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Stay home & renew bike insurance in 2 minutes
No Documents Required
Get Bike Insurance starting @ only ₹538/year#
Enter Bike Number
Processing
Other options

Liberty third-party bike insurance allows policyholders to choose a personal cover anywhere between one year and five years. The personal accident cover assures a sum of INR 15 lakhs in case of road injury or accident.

Liberty Third Party Two-Wheeler Insurance vs. Comprehensive Two-Wheeler Insurance

The table below gives the difference between Liberty third-party bike insurance and comprehensive bike insurance:

Parameters

Third-party bike insurance

Comprehensive bike insurance

Coverage

It covers the third party only, including property and personal damage

It covers the third party as well as the policyholder, including both property and personal damage

Add-Ons

It is a standalone cover as no add-ons can be added

You can opt for multiple additional benefits with comprehensive bike insurance

Premiums

Premiums are lower since they provide limited coverage

Premiums are higher since the coverage is wider

Mandate

This is necessarily required under the Motor Vehicles Act

This is optional and depends on individual choice

What is Covered under Liberty Third-Party Bike Insurance Plan?

The Liberty Third-Party Bike Insurance covers the following:

  • Third party property damage:This means that if the third party’s property suffers damage due to an accident with the policyholder’s bike, the policy will provide coverage.
  • Bodily injury:
    • If the third party is injured by the policyholder’s bike, then claims arising out of injury, harm, and disability are covered under this policy.
    • Loss of life of the third party is also covered under this policy. The claim amount for both injuries and fatality is determined in court.
  • Damage to the Insured:
    • Fatality – 100% compensation
    • Injuries
      • Loss of one limb – 50% compensation
      • Loss of one eye – 50% compensation
      • Loss of both limbs – 100% compensation
      • Loss of both eyes – 100% compensation
      • Total disability other than above – 100% compensation

What is Not Covered Under Liberty Third-Party Bike Insurance Plan? 

While Liberty third-party bike insurance covers various incidences, some things are not included, such as:

  • Loss or damage due to overdose of alcohol while driving, and if found to be driving without a valid driving license
  • Any significant loss apart from any damage due to lubricating oil leak to:
    • Gearbox
    • Engine parts
  • Engine oil and other consumables during engine flushing
  • Loss, damage, or corrosion due to untimely salvation or notification to the company when the bike is stranded in a water-logged or flooded area

FAQs

Two Wheeler insurance articles

Recent Articles
Popular Articles
Is There Any Difference Between Getting Two-wheeler Insurance Online and Through an Agent?

24 Jun 2022

In life, keeping yourself financially secure is important as...
Read more
Do You Need E-bike Insurance for Your E-bike in India?

15 Jun 2022

The pace of electric vehicle adoption in India is growing fast...
Read more
Tips to Choose the Best Motorcycle Gear

09 Jun 2022

A motorcycle protective gear is as important as motorcycle...
Read more
5 Important Factors to Compare Bike Insurance Online

08 Jun 2022

Since there are different types of bike insurance policies...
Read more
Important Bike Riding Tips for Teenagers

06 Jun 2022

As per an NGO report in IndiaTV, nearly 25 teenagers get killed...
Read more
Best Two Wheeler Insurance Plans in India
When it comes to choosing the best two wheeler insurance plans, we’re sure you have heard enough from different...
Read more
Traffic Rules in India That Every Two Wheeler Rider Should Know
A two wheeler is probably the first vehicle that most people learn to ride after a bicycle. Nothing ever compares...
Read more
Renew Your Two-Wheeler Break-in Insurance Policy at PolicyBazaar
Owners of two-wheelers have been getting a good night’s sleep as far as their vehicle’s insurance is...
Read more
Lost Your Two Wheeler Insurance Documents? Here Is What You Need To Do
A bike insurance policy is one of the important documents required for claim settlement. You won’t be able to...
Read more
Zero Depreciation Bike Insurance
Every two-wheeler goes through depreciation. Simply put, depreciation of a vehicle means a reduction in its value...
Read more

Liberty Third-Party Bike Insurance Reviews & Ratings

4.7 / 5 (Based on 33 Reviews)
(Showing Newest 10 reviews)
Prakhar
Vadodara, August 18, 2021
Instant updates
I bought Liberty Two wheeler insurance policy from policy bazaar.i liked this policy for their features and benefits.company giving the cashless claim at more than 600 network garages and hassle free documentation. they keep on giving prompt update to their customers that is why i chose it.
Anurag
Rajendra Nagar, June 04, 2021
Easy to renew
I recently renewed my two wheeler insurance policy from the website of the policybazaar. It was the plan of liberty two wheeler insurance and I really like it and thats why I want to renew and continue with it.
Neeraj
Pune, June 04, 2021
Discounts available
It is one of the easiest way to buy a liberty two wheeler insurance plan online. I had bought the plan online from policybazaar and even got a huge discount. It was quick and hassle free.
Subhash
Partapgarh, June 04, 2021
Bought plan of my choice
I had bought the liberty two wheeler insurance plan of my choice and I really love it. I had checked various plans into the website of policybazaar and found the suitable one. Thank you team.
Anmol
Jabalpur, February 10, 2021
Multiple Plans
I have been using Policybazaar for a couple of years to insurance my Bajaj Pulsar bike. They offer multiple policies with lower premiums. I have been renewing my Liberty two wheeler insurance policy every year at Policybazaar and I am satisfied with their services. I will again renew my policy with them and advise you too.
Gautam
Idar, February 10, 2021
Low Premiums
I purchased a new Honda Splendor bike last month and was looking to buy insurance policy for my bike. I decide to check Policybazaar on my friend’s idea. They had so many affordable insurance plans with a variety of coverage. I bought my Liberty two wheeler insurance policy for an affordable premium online. I recommend it to everybody.
Balendra
Padampur, February 10, 2021
Best Buy
I recently purchased my Liberty two wheeler insurance policy for my Honda Activa scooty from Policybazaar. They had a lot of insurance options and I chose this plan because it was affordable and had my choice of coverage. I bought the policy within a few minutes. The website is great to buy the best insurance policy.
Kavi
K.singpur, July 06, 2020
Benefits
I got great number of benefits from policybazaar after getting my bike insurance done. It was really an awesome thing.
Shahid
Vadali, July 03, 2020
Customer service
The customer service team is very nice and generous. They understood the need of my type of insurance and shared the same with me.
Jagriti
S.c. Pur, July 02, 2020
Great comparison
Before buying the insurance I compared it with different sites. I searched a lot and I found that I can get the best premium policy from policybazaar only.