About Car Insurance in Hyderabad
Famous for its Nawabi culture and its biriyani, Irani cafes and Osmania biscuits, Hyderabad is also known as the Pearl City. A city which currently serves as a capital of not one, but two states; a city where gleaming modern glass and chrome structures rub shoulders with ancient places like the Golconda Fort (a former diamond-trading center) and the Charminar, a 400 year old mosque near the ancient Laad Bazaar. Then there’s the sprawling Ramoji Film City, billed as the largest studio complex in the world, and the Lamakaan, an open cultural centre which is always abuzz with arts, theater, debate, literature, dialogue, culture and drama. Driving around the city is usually a breeze, although peak hour traffic can get a bit frustrating. And for those looking for weekend getaways, there’s Warangal, famous for its Thousand Pillar Temple and the Warangal Fort, the Rollapadu Bird Sanctuary and Belum caves in Kurnool, Fort and Belum Caves, the Buddhist heritage site of Nagarjunakonda, and the beach at Guntur.Read More
Why choose Liberty General Insurance in Hyderabad?
91% claim settlement ratio (2018-19)
97+ offices all over India
4,300+ partner garages in India
Our inspection process means you don’t have to endure any hassles
Enjoy Hassle-free settlement with
Liberty General Insurance
Ease of Endorsement
Incorporate amendments in
your existing policy
Additional Protection Cover
Check our list of add-on policies
for your car
Daily Customer Service
Call us from 8 am to 8 pm,
7 days a week
Find the nearest garage through
our garage locator
Types of car insurance policies
Third Party Insurance
Driving without a Third Party or Liability Only insurance policy is a punishable offence under the Motor Vehicles Act of 1988. This policy, however, only covers loss or damage suffered by a third party in case of an accident arising out of the use of the insured vehicle. Remember that it does not cover any loss or damage to the insured vehicle or to the insured.
As the name suggests, this is an all-inclusive policy which offers complete coverage for loss or damage to the third party as well as to you in case of theft or an accident.
Own Damage (OD) Cover
This policy covers damage caused by fire, explosion, lightning, burglary or housebreaking or theft, riots and strikes, earthquakes (fire and shock damage), typhoons or floods, riots and malicious acts, terror activity, etc.
What Own Damage Insurance does not cover for your car?
- Damages to a third party vehicle (If you want coverage for both - own as well as third party damages then buy comprehensive Car insurance)
- Damage caused to a third-party property
- Injuries caused to other people in an accident
- Normal wear-and-tear of the vehicle
- Mechanical and electrical breakdown
- A vehicle being used other than in accordance with the limitations as to use. For example, if you use your Private car for commercial purposes.
- Damage to/by person driving without a valid driving license
- Loss or damage caused while riding under the influence of alcohol or any other intoxicating substance
- Consequential loss
Liberty General Insurance also offers various add-on covers which include depreciation cover, passenger assist, consumable cover, engine safe cover, GAP value cover, key loss cover, and roadside assistance cover.
Should I buy third-party or comprehensive car insurance?
Third-party car insurance is mandatory according to the Motor Vehicle Act of 1988. However, it is advisable to buy a comprehensive car insurance, as third-party car insurance only covers third-party liability, and any damage to your car will not be covered. You can choose one of several Liberty General car insurance policies that cater to your requirements to ensure that you don’t feel the pinch in case your car is damaged.
What are the factors that influence the premium for a car insurance policy?
Several factors determine the premium of your insurance policy, including:
- Insured’s Declared Value (IDV) of the vehicle
- Cubic Capacity of the vehicle
- Geographical Zones (City of Vehicle Registration). Your premium in Hyderabad will be different from a car registered in Mumbai or Delhi or Bangalore
- Age of the vehicle
- Claim History of the Vehicle
- Selection of Voluntary Deductibles in the motor insurance policy
What are add-on covers?
Add on covers, also known as add-on riders, are those covers that help you provide all-round protection to your car, over and above what your car insurance policy covers. You can choose from a wide range of add-on covers including:
- Depreciation cover
- Passenger Assist
- Consumables cover
- Engine safe cover
- GAP value cover
- Key loss cover
- Road-side Assistance cover
These riders are not a part of your insurance policy and you have to pay separate premiums to purchase them
How do I renew my car insurance policy for a car in Hyderabad?
If you are a new car owner or want to port your insurance policy from another company to LGI online, you can do so in the following way.
A soft copy of the policy will be sent to your email address, while the policy document will be mailed to your registered home or office address. We encourage you to buy and renew your policy online, as it is also a green initiative.
If you wish to visit us at our Hyderabad Office, then you can contact our nearest office here
Registration Number: 150 | ARN:Advt/2018/March/26 | CIN: U66000MH2010PLC209656
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Reg Office: 10th floor, Tower A, Peninsula Business Park, Ganpat Rao Kadam Marg, Lower Parel, Mumbai - 400013
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