Yamaha Libero Insurance

The Japanese automaker, Yamaha, started its production of the Libero model in 2002. Shortly after, India Yamaha Motor launched facelifted versions of this bike in the Indian commuter market. Consequently, in 2006, Yamaha Libero G5 was introduced, and in 2007, they released an upgraded version of the same. 

If you still drive this bike, possessing a valid Yamaha Libero insurance plan is of utmost importance. 

A two-wheeler insurance policy generally covers damage repair costs of your commuter in case of serious accidents. Considering such instances, several insurance providers offer attractive deals on bike insurance. One such insurer is Digit. 

In the following piece, you will find the perks of availing insurance from Digit and other vital points. 

Insurance companies like Digit come with a host of benefits that caters to your insurance needs precisely. Here are some advantages of opting for Yamaha Libero insurance policy renewal from this insurer:

• Cashless Facility - Getting your Yamaha bike repaired from Digit authorised network garages makes it possible for you to avail a cashless facility. Under this facility, the insurer will cover charges for your Libero damage repair costs, which helps you save funds for future purposes. However, if your insurance plan has deductibles, you need to pay that from your own pockets. 

• Wide Range of Network Garages - Over 2900 Digit network bike garages are available in India from where you can obtain a cashless facility for your approved claim amount. 

• High Claim Settlement Ratio - Owing to Digit’s smartphone-enabled claim process, it has a history of settling your claims in a short span. The insurance company has a record claim settlement ratio of 97% for the period October 2019 to March 2020. 

• Self-Inspection Process - This insurer presents the self-inspection feature when you apply for Yamaha Libero insurance online. With the smartphone-enabled self-inspection process’s help, you can check your Yamaha bike damages directly from your mobile and raise claims accordingly. This process takes much less time than the one where a surveyor checks bike damages in person. 

• Coverage Options - Digit gives you the option to choose from the following insurance plans:

1. Third-party insurance plan - This is a basic plan that covers third-party damages and other liabilities arising from an accident between your bike and a third party. 

2. Own Damage Bike Cover - During accidents or collisions, there might be damages inflicted on your Libero that needs immediate repairing. To cover the high repair costs, you can purchase this standalone cover from Digit. 

3. Comprehensive Plan - For complete protection against both third-party and own bike damages, you can settle for a comprehensive Yamaha Libero insurance plan from Digit. 

• Add-on Policies - You can get several add-on benefits like a zero-depreciation cover, consumable cover etc., by choosing a well-rounded, comprehensive insurance cover from this insurance provider. However, you need to pay some additional charges for such policies. 

Furthermore, Digit’s responsive customer service, competitive premium rates etc., are some of the other benefits on your two-wheeler insurance for Yamaha Libero purchase.

A well-rounded insurance policy for your Yamaha bike is a crucial financial product that has a number of lucrative benefits as follows:

1. No Claim Benefits - When you opt for Yamaha Libero insurance renewal online, insurers might offer discounts on policy premiums if you maintain claim-free years within your policy term. These discounts, also known as No Claim Bonuses, can range up to 50%. 

1. Reduce Financial Liabilities - Two-wheeler insurance for your Yamaha bike covers the exorbitant repair charges that can otherwise burn a hole in your pockets and hamper your future plans. Thus, you can obtain Yamaha Libero insurance from reputed insurers and avoid financial liabilities. 

1. Avoid Hefty Fines - The Motor Vehicles Act mandates the possession of at least a third-party insurance policy for every bike owner. There will be fines of up to ₹2,000 for first-time offences and ₹4,000 for repeating the same without proper insurance. Hence, bike insurance for Libero can help you avoid legal repercussions. 

1. Personal Accident Cover - You can get coverage for personal accidents under your insurance plan if bike accidents result in permanent total disability or even death. Under this cover, you are liable to receive compensation. 

1. Covers Third-Party and Own Bike Damages - There might be accidents and collisions that cause damages to a third-party person, property or vehicle. In such a case, your third-party two-wheeler insurance will cover liabilities like litigation issues etc. However, for overall coverage, you can consider comprehensive insurance as it also covers own bike damages. 

Further, you can obtain a list of other benefits if you consider insurers like Digit.

Here are some basic features of Yamaha Libero you should know.

• Engine - Models like the 2008 Yamaha Libero 100 feature an air-cooled single-cylinder engine that offers a displacement of 105.6 cc. 

• Mileage - The above-mentioned bike also offers a mileage of 60-70 kmpl. 

• Weight and Ground Clearance - This bike weighs 119 kg and has a ground clearance of 173 mm. 

• Fuel Tank Capacity and Gears - It comes with an 11-litre fuel tank and consists of 4 gears, 

• Instrument Console - This motorcycle equips an analogue speedometer and fuel gauge in its instrument console. 

Although the Yamaha Libero models entail a number of optimum features, it is still susceptible to risks and damages. Therefore, without any delay, you must obtain Yamaha Libero insurance and secure your finances in case of accidents resulting in heavy repair charges. In this regard, you can consider Digit.