Liberty Mutual Car Insurance Review 2022 – Forbes Advisor

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Liberty Mutual auto insurance offers various coverage features that you can choose to add to expand your coverage:

Forgiveness of accident

Optional accident forgiveness coverage prevents your rates from increasing after your first accident. You must be accident-free and violation-free within the past five years to be eligible for Liberty Mutual’s accident forgiveness coverage.

Decreasing deductible

Your auto insurance deductible is the amount subtracted from your claim check when you make a collision or property and casualty insurance claim. Liberty Mutual offers a decreasing franchise through its franchise fund. The deductible fund allows drivers to reduce their deductible amount by $100 each year.

If you participate in the deductible fund, you will pay $30 per year and, in return, Liberty Mutual will reduce your deductible by $100 each year. If you make a claim, your deductible is reduced by the balance of your deductible fund.

For example, let’s say you have a deductible of $500 and you have an accident after participating in the deductible fund for three years. Your deductible is reduced to $200 because your deductible fund covers the remaining $300.

Gap insurance

If you lease or finance your car, Liberty Mutual offers gap insurance. If your car is destroyed or stolen, gap insurance pays the difference between the value of your car and the loan or lease amount you still owe.

New car replacement

Liberty Mutual is offering new car replacement coverage for drivers buying a new car. If your car is destroyed or stolen within the first year of ownership or before it has driven 15,000 miles, this coverage provides money to buy a new car of the same make and model. Without a new car replacement, you would be paid an amount equal to the value of your vehicle just before the accident, minus your deductible.

If your car is a year old or older, you can purchase a “better replacement car”. This benefit earns you enough money to replace your totaled car with a newer car that is one model year old and 15,000 miles less.

Lifetime repair guarantee

A lifetime repair warranty comes standard with a Liberty Mutual car insurance policy. Car repairs following an accident or incident covered by your policy are guaranteed for as long as you own the car if you use a Liberty Mutual repair network workshop to repair your car. Other benefits include Liberty Mutual paying the store directly for repairs and your ability to track repair progress on Liberty Mutual’s app.

Replacement of original parts

Original Parts Replacement coverage allows you to replace damaged components with original equipment manufacturer (OEM) parts for an incident covered by your Collision or Comprehensive coverage. If OEM parts are unavailable or no longer in production, Liberty Mutual auto insurance will pay for comparable or reconditioned parts.

Reimbursement of the rental car

If your car is in the garage for repairs due to an accident or other issue covered by your auto insurance policy, rental reimbursement coverage takes care of your rental car.

Coverage varies by state and comes with daily limits. If you use an approved repair shop and let Liberty Mutual take care of the car rental, coverage will pay until the repairs are complete. Otherwise, you may be limited on how long you can keep the rental car.

Roadside Assistance

Liberty Mutual’s optional 24-hour roadside assistance coverage can help if your car breaks down. Also called towing and labor coverage, this coverage covers: towing to a repair center, battery jump starts, flat tire changes, emergency fuel delivery and assistance in unlocking the doors.

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