About Two Wheeler Insurance in Surat
The Silk City of India, Surat is one of the most dynamic cities the country can flaunt with one of the fastest growth rates, thanks to immigration from various part of Gujarat and other states of India. According to a report prepared by Oxford Economics, which is engaged in global forecasting and quantitative analysis, this Diamond City, called so for being the diamond processing and trading hub in Gujarat would be the world's fastest-growing city in the 2019-35 period. The city is also known for its cleanliness and greenery and claims a varied heritage of the past. In its earlier years, Surat was a glorious port with ships of more than 84 countries anchored in its harbour at any time. Even today, Surat continues the same tradition with people from across the country flocking to this industrial hub for business and jobs.Read More
Why choose Liberty General Insurance for two wheeler insurance in Surat?
91% claim settlement ratio (2018-19)
97+ offices all over India
4,300+ partner garages in India
LGI ensures that
your bike is inspected with ease
Enjoy Hassle-free settlement with
Liberty General Insurance
Ease of Endorsement
LGI policy with ease
Additional Protection Cover
Check our list of add-on policies
that will protect your bike
Daily Customer Service
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7 days a week
Find the nearest garage through
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Types of Two Wheeler insurance available in Surat
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
An OD or Own Damage to vehicle insurance policy covers not just accidents or theft, but also damage caused by fires, explosion or lightning, burglary or housebreaking, 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 Bike?
- Damage to third-party vehicle
- Damage to third-party property
- Injuries to other people in an accident
- Normal wear and tear
- Mechanical or electrical breakdown
- In case you use your private two wheeler commercially
- Driving under the influence of alcohol or drugs
- Driving without a licence
- 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.
Can I buy LGI two wheeler insurance for multiple years at one go?
Yes. You can pay for one, two or multiple years at one go and say goodbye to worries about missing out on renewals.
Can I continue the policy in the name of the previous owner?
No. The registration & insurance policy of the vehicle must always be in the same name & same address otherwise the claim is not payable. So, you will have to get them changed in the RTO records as well.
Can I purchase an LGI two wheeler insurance online?
Yes, one can always buy LGI two wheeler insurance cover online instead of visiting any of the LGI branches. A soft copy of the insurance policy will be sent to you. In fact, we encourage you to purchase online to prevent unnecessary paperwork and help us go green. You can also renew your policy online. Remember to get add-on covers so that you get comprehensive coverage.
Does LGI offer a depreciation cover?
LGI depreciation insurance coverage does not deduct for depreciation, thus providing you with a complete cover. If your vehicle gets damaged in a mishap, no depreciation is subtracted from the coverage for depreciation and the insurance firm will pay the entire cost on replacements.
To visit our Surat office, click here.
Registration Number: 150 | ARN:Advt/2018/March/26 | CIN: U66000MH2010PLC209656
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