Insurance company Liberty Insurance: customer reviews and ratings

The Liberty Insurance Company specializes in direct insurance programs. This means that sales are made directly, without intermediaries. You can buy a policy not only by phone, but also through your organization's own website. Reviews about Liberty Insurance are positive primarily because it is very easy and convenient to use the services. The client can visit the site of the organization at any time and study the terms of the services, without hurrying and not being nervous, and also immediately find out how much this or that service package will cost.

Everything for everyone

"Liberty" - insurance for travelers abroad, motorists, as well as programs to protect life, property, health. There are quite a few options, there are additional conditions that can be included in the program or saved by abandoning them. At all, the firm has reasonable price offers. For example, the program of Casco at Liberty Insurance is almost twice as cheap as that of competitors. And insurance for tourists among the proposals of the organization are significantly different from the largest insurers. In many respects, that is why the company "Liberty Insurance" became so popular and successful, and the reviews on it are mostly positive.

About 61% of deals are transport insurance programs, 14% of clients apply for MTPL. Up to 23% of clients need personal insurance programs. Participation in it is a voluntary initiative. Another 12% of clients need insurance programs for property (not including cars). The addresses of the insurance company and information on tariffs are detailed on the organization's website.

Historical milestones

For the first time the company entered the insurance services market in 1993. Then there was no insurance company Liberty Insurance, originally the services were provided under the name of IC "Class". Quite big changes in the structure of the organization occurred in 1999 when they merged with the firm Lenstroymaterialy. After another nine years, all shares were redeemed from this legal entity. And the organization passed under the management of KIT Finance. Reviews of insurance companies that managed to visit for many years of their existence, "Liberty", differ dramatically - there are satisfied with the quality of services users, but there were also claimed that the organization - a gathering of charlatans.

Under the management of the investment bank, the company changed its name again - now it became known as KIT Finance Insurance. It was then that the reviews about the insurance company began to prevail positive. Representatives of the board already announced plans to invest in the direct insurance system. The situation did not develop in the best way - a global economic crisis was raging, putting the bank on the brink of ruin. So the insurance organization once again replaced the big bosses, but stayed afloat.

New story

Nowadays, the abundance of addresses of insurance companies makes us think that this business is extremely promising and profitable. But in 2008, it was not so obvious, so the shares of the bank, which included the future "Liberty", were sold only for a hundred rubles apiece. Almost half - 45% - was bought by RZD, ALROS.

After a while, these same persons gained control over insurance business. Kovalchuk soon acquired another 9% of the company's securities. And in 2012, almost all shares (99.99%) went under the control of Liberty Mutual. "Liberty" - insurance for travelers abroad, property, health, life, implemented in compliance with international standards, because at present the organization is part of an international corporation.

Common parameters

Reviews of the Casco for "Liberty Insurance" are mostly positive. However, the firm is positively evaluated not only by customers, but also by large market experts. In particular, the official credit rating for 2017 is AA ++. Experts predict that the company will be stable in the foreseeable future.

The level of creditworthiness of the insurer is considered high, therefore the firm is financially reliable and stable. This positively highlights it against the backdrop of many insurance organizations that provide services on the territory of the Russian Federation. This means that the reviews on Liberty Insurance in the future will not be worse than now. In general, the organization is close in terms of its level to the companies rated in the AAA. Many analysts predict that in the future the company will be able to achieve this new level of reliability.

Liberty Insurance: Moving Forward

Reviews on the casco on Liberty Insurance are positive, the organization has a large client base and is actively generating it. From the innovations designed to attract new participants and keep the old ones, the most attractive proposal for the public was the following: the firm is ready to extend the insurance policy without a personal appearance of the payer in the office. You can increase the duration of the insurance service by calling the toll-free number or through a personal account on the company's website on the Internet.

From the reviews about Liberty Insurance it is clear that customers receive paid policies almost instantly: they are sent to their mail. If the user lost the letter - it does not matter. The site has a personal cabinet, in which the document is available at any time. The policy was signed strictly according to the law - an electronic signature that passed enhanced encryption, which protects against fakes. Documents are valid when presented in any instance.

For motorists: protection for all occasions

Reviews of Liberty Insurance among motorists say that customers are satisfied with both the program itself and its cost, as well as the company's fulfillment of its obligations.

The program of the helmet allows you to protect yourself from the unpleasant consequences of theft, car theft, damage received in the accident. There are conditions in a situation where a motorist collided with a parked vehicle or drove into an object or even an animal. Provision of insurance against theft of individual parts of the mechanism.

Advanced options for those who are afraid of trouble

If desired, the program can be supplemented with protection from the risk of damage, loss of additional equipment. You can insure against an accident or request additional options.

The most popular special features requested by motorists from an insurance company:

• Coverage of insured events abroad, especially in the Schengen area;
• Protection against loss, theft, damage in the accident wheels;
• Payment of the cost in the event of an insured event in full, without taking into account depreciation.

If the policy is formalized in the office, the specialist will notify all these options and suggest the most relevant for the particular client. But if the insured buys the program via the Internet, then simply put a tick in front of the required service, and it will be included in the cost. Incidentally, it immediately becomes clear what an increase in the price is given by this or that possibility.

Obligatory Reinsurance

This program was available a few years ago, but subsequently ceased. Not so long ago, the insurance company announced that the service was being provided again. Customers can purchase it for their property. It is supposed to cover the fire portfolio, as well as the projects of installation, construction. You can insure your liability to other legal entities, individuals. If necessary, the program allows you to organize protection in front of a variety of engineering risks.

The agreement placement site is the western reinsurance market. The leading party is Gen Re. The net line is 30 million US dollars. The capacity is automatically set at 15 million. At the moment, the authorized capital of the insurance company itself is 480.76 million.

Reviews about travel insurance

One of the main activities of the insurance organization (except for work with car owners) is the provision of tourist insurance services. Equally profitable programs apply to those who travel across Russia, and to people traveling abroad. Comparative analysis of prices shows that the company offers almost the most profitable tariffs in the country.

As for the comments about Liberty Insurance among the tourists, the information available to the general public makes it possible to form a positive image of the company. Of course, in a tourist trip (and the availability of insurance is an obligatory condition for many visas), situations that fall under the terms of the program are not often found, but if they do occur, as the people who are in them say, the firm successfully copes with the fulfillment of its obligations. However, it is worth noting - during the crisis, when the company changed owners about a decade ago, the quality of services was much lower.

Summing up

"Liberty Insurance" is one of the few insurance companies that offer their clients worldwide support, which is available for more than reasonable money. Despite the fact that the company is part of an international corporation, it is focused on Russian clients of very different levels. There are good offers for tourists, car owners and those who wish to insure their health and property. It is also advantageous to work with organizations and enterprises of all sizes.

If you believe the feedback on the work of the organization, which is abundantly presented in the World Wide Web, Liberty Insurance supports clients who find themselves in a difficult situation. Despite the fact that insurance is one of the most controversial types of business, where the client is almost always sure that the organization that serves it is cheating, Liberty practically did not have conflict situations. This clearly demonstrates that the organization is trustworthy, and therefore, to entrust her with her money is a reasonable decision. Annual turnover of the company is demonstrated by the fact that many people have already reached this conclusion.