With all of the car insurance providers to choose from, some stand out more and have a better reputation. That's why you need ICICI Lombard Car Insurance so you have guaranteed assistance at any time. Insurance is an important condition that nobody should be without, which is why Liberty Car Insurance can cover you. It's important to compare ICICI Lombard vs Liberty Car Insurance companies to find the one that will work for you.
ICICI Lombard and Liberty have different policies and offer a variety of discounts that slightly change, making them both competitive car insurance companies. Decide which side you want to go with before you buy a car insurance policy.
With the help of a comparison site, like PolicyBachat.com, you can effortlessly compare quotes from many different companies. In addition to saving you time, this can also lead to better prices since our low operating costs mean we don't charge commissions.
PolicyBachat helps you understand the big picture of different insurance policies and find out what's best for you. We'll help you figure out the key differences in carriers, claims settlement ratios, and network garages to make sure your policy is what you need. This article will help you understand the different factors that can affect your decision on which company to choose for your car insurance.
Consider these factors before going to ICICI Lombard Car Insurance or Liberty Car Insurance:
- The first thing to think about is your coverage. Think about how you want to be covered in the event of an emergency.
- The second thing to consider is your driving history. It would help to know if you have a clean record or if there are any accidents on it.
- The third thing to think about is the expiration date of your current insurance policy and if you want to switch policies. You should also make sure you're covered under your current policy before switching coverage.
ICICI Lombard Car Insurance:
ICICI Lombard Car Insurance is a private car insurance company in India. It is one of the leading insurance companies with a market share of over 30%. ICICI Lombard Car Insurance offers comprehensive car insurance, roadside assistance, and travel accident cover.
ICICI Lombard Car Insurance is an Indian car insurance company. They offer a wide range of car insurance plans to cater to every need. They have been in the market for over 50 years and have served more than 10 million customers. They offer a range of policies from basic to comprehensive and also provide discounts for all kinds of users.
ICICI Lombard Insurance offers a range of car insurance plans that are suitable for everyone. They offer affordable car insurance coverage and they can be availed by both new and old customers. ICICI Lombard Car Insurance plans come with collision damage waiver, third party liability, uninsured/underinsured motorist coverage, and theft and fire protection, roadside assistance cover.
Benefits & Features:
- Coverage for natural disasters like earthquakes, floods, fires, and storms
- Cashless repairs in 4800+ network garages
- Coverage for theft, accidents, and terrorist activities
- No claim bonus up to 50%
- ₹15 lakh Personal Accident Cover
- 9 add-ons to choose from
- Third-party legal liabilities cover
- Instant claim settlement via InstaSpect
- Get Instant Quotes & Payment Reminders
- Instant Coverage
- Quick Issuance & Zero paperwork
- Convenience & Control over coverages
- 24x7 customer service
It covers you from:-
- Personal Accident Cover: It covers up to Rs. 15 lakh
- Owner-Driver: Provides personal accident coverage for owner driver
- Coverage for natural disasters like earthquakes, floods, fires, and storms
- Affordable premiums and Easy Renewals
- Coverage for theft, accidents, and terrorist activities
- No claim Bonus covers up to 50%.
Liberty Car Insurance:
Liberty Car Insurance is a car insurance company that offers a variety of different plans to their customers. Liberty Car Insurance is an affordable car insurance company that offers a variety of policies to protect your vehicle and yourself at an affordable price.
Liberty Car Insurance was founded in the year 2000 and has been in business ever since. They offer all types of coverage from liability to collision, uninsured motorist, and comprehensive. Liberty is also known for their affordable rates as well as their customer service.
Car insurance can provide a financial peace of mind if you have an accident while driving. Even if you are alone, doing so, the right cover is what you'll need in that moment. It also gives you some must needed relief knowing that your loved ones would be able to take care of themselves as well.
Benefits & Features:
- Comprehensive cover for all eventualities
- Third party fire and theft cover
- Third party property damage cover
- Personal injury protection for you and your passengers
- Theft protection against theft from your vehicle or home
- Breakdown service with free towing up to 30 miles
- 24/7 emergency assistance services.
- Highest claim ratio history with 95%
- Efficient customer service team for all your queries regarding claims.
- Flexible option to transfer the NCB to other carriers
- Round the clock service by 24*7 claim assistance team
It covers you from:-
- Accident due to external impact
- Damage due to an earthquake, flood, storm, landslide, rockslide
- Loss of the vehicle through burglary or housebreaking
- Irreparable damage of the vehicle due to a fire, explosion, self-ignition, lightning
- Damage due to malicious intent including riots, strikes, or terrorism
- Accident to the vehicle while in transit by road, rail, and inland waterway or on a lift.
Comparison of ICICI Lombard Car Insurance vs Liberty Car Insurance:
| Differences |
ICICI Lombard Car Insurance |
Liberty Car Insurance |
| Cashless Network Garages |
9700+ |
4300+ |
| Claim Settlement Ratio |
76.53% |
70.53% |
| Solvency Ratio |
2.90 |
2.92 |
| Claims settled |
2,01,143 |
10,385 |
| Types of Policies |
- Private Car Package Policy
- Stand-alone Own-damage
- Third Party Car Insurance.
|
- Liability Only Policy
- Stand-alone Own damage Policy
- Comprehensive Policy.
|
| Add-ons/Riders |
- Roadside Assistance Cover
- Zero Depreciation Cover
- Engine Protect Cover
- Garage Cash Cover
- Consumables Protect Cover
- Loss of Personal Belongings Cover.
|
- Depreciation cover
- Consumables cover
- Gap value cover
- Roadside assistance
- Passenger assistance cover
- Engine safe cover.
|
| Highlights |
- Over 9.8 Million policies issued
- Claims settled, We settled 1.3 Million claims.
- 24*7 assistance for your abroad travel makes you stress-free by AXA assistance
- NCB discount
- Installing Anti-theft devices
- Membership of AAI
- Opting for Voluntary deductions.
|
- Hassle-free Claims
- Seamless claim assistance at any time
- Easy policy renewal
- Additional protection availability
- Efficient telephonic services
|
Which Company is best?
In order to protect against unfortunate financial consequences, it is a good idea to get an insurance policy. Make sure you compare ICICI Lombard vs Liberty's features and benefits before deciding which company to go with.
Configure the premium with the benefits availed on ICICI Lombard vs Liberty, and compare top car insurance company quotes from top insurers online on PolicyBachat.
Every car insurance company will offer different coverage type and various additional benefits. We've highlighted the information you need to know and selected some of the popular providers to compare.