Inclusions of Liberty Zero Depreciation Bike Insurance

• These are the inclusions of Liberty Zero Depreciation Bike Insurance: Pays the full repair or replacement cost without applying depreciationCovers plastic, rubber, and fibre parts at full valueCovers damages caused by accidents, fire, theft, and natural disastersAllows cashless repairs at Liberty network garagesReduces the amount you need to pay from your own pocket during claims

Exclusions of Liberty Zero Depreciation Bike Insurance

• These are the exclusions of Liberty Zero Depreciation Bike Insurance: Total loss or theft claims are paid as per the Insured Declared Value (IDV).Damage caused while riding under the influence of alcohol or drugs.Riding without a valid driving licence.Normal wear and tear or mechanical and electrical breakdown.Tyres, tubes, nuts, bolts, and consumables, unless specifically included.Policyholder pays the mandatory deductibles.

Benefits of Liberty Zero Depreciation Bike Insurance

• Here are some of the benefits of Liberty Zero Depreciation Bike Insurance:Higher Claim Amount No depreciation deduction, leading to a bigger payout during repairsFull Cost Coverage Expensive parts like plastic, rubber, and fibre are covered at full valueLower Out-of-Pocket Expenses Saves you from paying extra during accident-related repairsBetter Protection for New Bikes Ideal for new and high-value bikes with costly spare partsEasy and Worry-Free Repairs Makes claim settlement smootherUseful for City Riders Helpful in covering frequent minor damages caused by traffic situationsCost-Effective Add-On Strong financial protection for a small extra premium

How to Apply for Liberty General Zero Depreciation Bike Insurance?

• Simply follow the process below to add this cover to your policy and protect your bike from depreciation-based deductions during claims.Open the Website Go to the official Liberty General Insurance website on your phone or laptop.Choose Bike Policy Click on "Two-Wheeler" and then tap "Buy Online" for a new policy or "Renew LGI Policy" if you already have one.Enter Your Bike Details Type in your bike’s registration number, brand, model, variant, and year of manufacture.Add Your Personal Info Fill in your name, phone number, email ID, and Aadhaar or driving licence details (if asked).Add Zero Depreciation Cover From the add-on list, select the option "Zero Depreciation Cover" to include it in your policy.Check Price & Pay Look at the final premium price mentioned on the portal. If everything looks correct, make the payment using UPI, net banking, or a debit/credit card.Get Your Policy After payment, you’ll receive your policy instantly at your registered email.