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Liberty Mutual; Insider
Liberty Mutual insurance pros and cons
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Liberty Mutual auto insurance is slightly more expensive than its competitors, but it offers a number of discounts
Most insurers offer four primary coverages: comprehensive, collision, liability (required by most states), and full coverage. Your lender may require comprehensive and collision coverage if you lease and finance your car. We’ve outlined the differences between the various coverage types in the table below:
| Damage | Comprehensive | Collision | Liability | Full |
| Theft | Yes | No | No | Yes |
| Vandalism | Yes | No | No | Yes |
| Fire | Yes | No | No | Yes |
| Natural disaster | Yes | No | No | Yes |
| Falling objects (tree) | Yes | No | No | Yes |
| Animal damage | Yes | No | No | Yes |
| Collision/accident | No | Yes | No | Yes |
| Rollover | No | Yes | No | Yes |
| Bodily injury/medical bills | No | No | Yes | Yes |
| Physical damage | No | No | Yes | Yes |
| Property damage | No | No | Yes | Yes |
| Uninsured motorist | No | No | Yes | Yes |
Liberty Mutual auto insurance quotes
Liberty Mutual isn’t extraordinarily expensive for drivers age 30 with no previous accidents or traffic violations. However, Liberty Mutual may be a costly option for many young drivers.
We gathered quotes for 30-year-old males and 18-year-old males living in Illinois with a 2018 Honda Civic Ex. Your rate will vary based on your age, location, driving history, coverage type, coverage amount, and other factors.
| Driver profile | Liberty Mutual annual premium | GEICO annual premium | Progressive annual premium |
| 30-year-old male, no accident, minimum coverage | $588 | $490 | $514 |
| 30-year-old male, no accident, full coverage | $1,448 | $928 | $788 |
| 30-year-old female, no accident, minimum coverage | $557 | $493 | $285 |
| 30-year-old female, no accident, full coverage | $1,258 | $906 | $547 |
| 18-year-old male, no accident, minimum coverage | $1,820 | $1,010 | $1,228 |
| 18-year-old male, no accident, full coverage | $5,379 | $1,889 | $2,434 |
| 18-year-old female, no accident, minimum coverage | $1,419 | $882 | $605 |
| 18-year-old female, no accident, minimum coverage | $4,057 | $1,641 | $1,267 |
Below are the coverage amounts we used to determine Liberty Mutual’s auto insurance rates.
| Type of coverage | Minimum coverage | Full coverage |
| Bodily injury liability | $25,000/$50,000 | $50,000/$100,000 |
| Uninsured motorist | $20,000 | $25,000 |
| Underinsured motorist | Not included | $50,000/$100,000 |
| Medical payments | Not included | $1,000 |
| Comprehensive | Not included | $1,000 |
| Collision | Not included | $1,000 |
Liberty Mutual auto insurance features and discounts
These discounts are available for Liberty Mutual’s auto, homeowners, and renters insurance policies:
- Claims-free discount— Get a discount if you’ve been claim-free for five years or more with your previous insurance provider.
- Multi-policy discount — Get a discount for having more than one policy with Liberty Mutual.
- Preferred payment discount — Get a discount by enrolling in automatic payments or paying for your policy in one or two payments.
- Early shopper discount — Get a discount for obtaining a renters insurance quote with Liberty Mutual before your current policy expires.
- Paperless policy discount — Get a discount for enrolling in paperless billing and delivery of documents.
- Online purchase discount — Receive a discount for purchasing your policy online.
Here are Liberty Mutual auto insurance’s available discounts:
- Homeowner discount — Save on your premium for being a homeowner.
- Military discount — Active, retired, or reserved US armed forces members qualify to receive a discount.
- Early shopper discount — Get a discount for obtaining a car insurance quote with Liberty Mutual before your current policy expires.
- Good student discount — Students who have a GPA of B or better will qualify for a discount.
- Student-away-at-school discount — Get a discount if you are a student, away at school, and only occasionally drive your car.
- Violation-free discount — Get a discount for being violation-free.
- RightTrack discount — Receive up to 30% off for good driving behavior by enrolling in the RightTrack program.
- Alternative energy discount — Get additional savings if you own a hybrid or electric vehicle.
Below are some of Liberty Mutual auto insurance’s additional features:
- Lifetime repair guarantee — With this optional coverage, Liberty Mutual will help you find an approved direct repair shop after an accident.
- New car replacement insurance — This optional coverage will ensure you get compensated for your vehicle’s purchase price and not the depreciated value if your new car is totaled in the first year.
- Liberty mutual deductible fund — This optional coverage allows you to pay extra on your premiums to reduce your deductibles by $100 each year.
- Better car replacement insurance — This optional coverage will allow you to get compensated for a newer car of the same model if your vehicle is totaled.
- Rental car reimbursement — This optional coverage will ensure you are covered with a rental car if your vehicle is at the repair shop.
- 24-hour roadside assistance — This optional coverage will provide roadside assistance if your car breaks down.
- Gap coverage — This optional coverage will cover the remaining amount of your financed car if it’s totaled.
- Original parts replacement — This optional coverage will pay to replace damaged parts of your vehicle.
- Teacher’s auto insurance — If you’re a teacher, this optional coverage will protect your car and stolen applies or school property in your car.
- Mexico car insurance — This coverage is required for vehicles traveling to Mexico.
Liberty Mutual homeowners insurance has a great selection of discounts, but received mixed reviews for customer satisfaction
Homeowners insurance protects your dwelling, protects your personal belongings, and offers personal liability coverage for injuries that occur on your property. The table below includes coverages provided by standard homeowners insurance but will vary depending on your provider.
| Coverage | Included with homeowners insurance? |
| Dwelling/structure | Yes |
| Personal liability | Yes |
| Personal belongings | Yes |
| Loss of Use (additional living expenses) | Yes |
| High-end electronics/special jewelry | Limited, requires add-on* |
| Equipment breakdown | Yes |
| Electrical outage | Yes* |
| Service lines | Yes* |
| Cyber liability | Yes* |
| Water damage | Yes |
| Flood | No** |
| Wind or hail | Yes, but not high winds*** |
| Earthquake | No* |
| Pets | Yes* |
*Available as add-on coverage if not part of the policy
**Flood insurance is available through the NFIP and approved insurers
***If you live in hurricane or tornado areas, additional windstorm rider may be required
Liberty Mutual homeowners insurance features and discounts
Here are some of Liberty Mutual’s homeowners insurance discounts:
- Safe homeowner program — Save on your premiums by being claim-free with Liberty Mutual for 3 years or more.
- Newly purchased home discount — Receive a discount on your policy for being a new homeowner.
- New/renovated home discount — Get a discount if you have a relatively new home or a recently renovated home.
- New roof discount — Receive a discount for installing a new roof.
- Insured to value discount — Receive a discount for insuring up to 100% of the cost to replace your home.
Below are a few of Liberty Mutual’s homeowners insurance additional coverages available for separate purchase:
- Blanket jewelry coverage — This optional coverage replaces your jewelry if it’s lost or stolen with no deductible or up-front appraisal necessary.
- Water damage: This optional coverage pays for damages by water back up and overflow.
- Inflation protection — This optional coverage allows you to adjust your coverage limit at your policy’s renewal to account for inflation. You will also receive a discount on your policy’s premium.
- Personal property replacement cost — This optional coverage will cover the actual cash value for your belongings in the event of a loss, and up to the full amount of the cost in today’s market.
Liberty Mutual renters insurance has some of the most affordable rates
With
Renters insurance will cover your personal property in the event of damage and theft. Your landlord is responsible for insuring the building and structure, so you won’t need to pay for dwelling coverage, unlike standard homeowners insurance.
A renters insurance policy has three main parts: personal property coverage, personal liability coverage, and “loss of use coverage.” The table below includes coverages provided by standard renters insurance but will vary depending on your provider.
| Coverage | Included with renters insurance? |
| Dwelling/Structure | No – landlord responsible |
| Personal liability | Yes |
| Personal belongings | Yes |
| Loss of Use (additional living expenses) | Yes |
| High-end electronics/special jewelry | Limited, requires add-on* |
| Roommates | No |
| Cyber liability | Yes* |
| Water damage | Yes |
| Flood | No** |
| Wind or hail | Yes |
| Earthquake | No* |
| Pets | Yes* |
*Available as add-on coverage
**Flood insurance is separate coverage
Data from Hippo Insurance
Here are some of Liberty Mutual’s additional coverages for renters insurance:
- Blanket jewelry coverage — This optional coverage replaces your jewelry if it’s lost or stolen with no deductible or up-front appraisal necessary.
- Personal property replacement cost — This optional coverage will cover the actual cash value for your belongings in the event of a loss, and up to the full amount of the cost in today’s market.
Liberty Mutual renters insurance quotes
Liberty Mutual renters insurance starts at $5 per month. Its premiums are cheaper than the national average, which is $179 per year, or about $15 per month. Liberty Mutual also starts at a cheaper rate than its competitors — GEICO and Lemonade.
| Liberty Mutual | GEICO | Lemonade |
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Starts at $5 per month
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Starts at $12 per month | Starts at $9 per month |
Liberty Mutual life insurance includes term life, whole life, and fixed income policies
There are two types of life insurance: permanent life and term life. Some financial advisors recommend a combination of term and permanent life insurance.
| Types of Term Life Insurance | Types of Permanent Life Insurance |
| Level premium | Whole life |
| Annual renewal (ART) | Universal life |
| Return of Premium | Guaranteed Universal |
| Convertible | Indexed Universal |
| Group life insurance | Variable life |
| Guaranteed issue | Variable universal life |
| Simplified issue | |
| Final expense |
Liberty Mutual life insurance policies and additional features
- Simplified issue term life — Select a coverage period of 10, 15, 20, or 30 years with the option of converting to a permanent life insurance policy at the end of your term.
- Whole life — Receive an income-tax-free death benefit, a cash value that can grow tax-deferred, and a selection of optional riders at a guaranteed level premiums without a lengthy application process or medical exam.
- Fixed annuities/fixed income — Guarantees a stream of income for your retirement at one lump-sum premium payment.
Liberty Mutual pet insurance includes accident, injury, and wellness policies with stackable discounts
While many big insurance companies offer pet insurance through providers that specialize in pet insurance like Embrace or Trupanion,
Pet insurance usually offers two types of coverage: accident-only and accident and illness coverage. Wellness plans are usually available for additional purchase.
Accident-only coverage only reimburses the cost of injuries your pet suffers as a result of an accident. Accident and illness policies cover both accidents and sickness or diseases your pet develops after your policy begins. No pet insurance carrier covers pre-existing conditions.
| Coverage | Accident-only | Accident and Illness | Wellness (Add-on) |
| Accidents | Yes | Yes | Yes |
| Illnesses | No | Yes | Yes |
| Hereditary & congenital disorders | No | Yes | Yes |
| Diagnostic test | No | Yes | Yes |
| Emergency procedures and services | No | Yes | Yes |
| Prescription medication | No | Yes | Yes |
| Routine check-ups and preventative care | No | No | Yes |
| Pre-existing conditions* | No | No | No |
*Curable pre-existing conditions may qualify for coverage
Liberty Mutual insurance vs. the competition
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Liberty Mutual |
GEICO |
Progressive |
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| Availability | National presence | National presence | National presence |
| Types of insurance offered | Auto, homeowners, life, pet, renters | Auto, homeowners, life, pet, renters | Auto, homeowners, life, pet, renters |
| Claims and customer satisfaction |
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Is Liberty Mutual trustworthy?
Among all policy types, the NAIC Complaint Index shows that
While
Liberty Mutual — Frequently Asked Questions
Where is Liberty Mutual available?
Liberty Mutual is offered in all 50 states.
How do I get a quote from Liberty Mutual?
With Liberty Mutual’s free online quoting tool you can get a home, life, and renters quote in minutes. You can also call Liberty Mutual’s customer service at 1-844-411-9591 or contact a local agent.
How do I file a claim with Liberty Mutual?
To file a Liberty Mutual claim, you must log in to your Liberty Mutual account, and fill out a form with the date of the incident and basic details of the incident. You can file a claim here.
How long does it take Liberty Mutual to pay a claim?
Once you’ve filed a claim, a Liberty Mutual representative will contact you in one to two days. The claims process will usually vary on the type of claim and the severity of the damage. You can track your claim’s progress in your Liberty Mutual online account.
Do I have to pay a deductible if I was not at fault at Liberty Mutual?
Yes, you will need to pay a deductible even if the claim wasn’t your fault. However, Liberty Mutual customers may enroll in Liberty Mutual Deductible Fund and receive up to $70 annually towards their deductible.
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