It is your first time to purchase a car. Perhaps, for your first ride, you are willing to shell out P100,000 on a used vehicle. Good for you, that is a good start. Probably, you’ll be able to get a vehicle made somewhere around the mid-1990s. And if you check olx.ph, there are a LOT of cars that could potentially meet your budget and needs. The Philippines isn’t exactly a…
Is your wallet safe in case a mishap occurred on the road? Knowing the probability of being on the receiving end of scratches to major accidents, can your car insurance policy suffice the cost of the repairs? During the worst-case scenarios, it counts if you’ve done your homework transacting only with reputable car insurance companies. What makes a car insurance company trustworthy? Here are some tips that could help…
According to statistics, we lose about 2.4 billion pesos daily due to our messy traffic situation. Opportunity loss among businesses and decreased performance at work are some of the effects of the day to a daily traffic jam that we face. Looking at the trend from 2005 to 2014, purchases for both passenger and commercial vehicles have increased over a steady period of time. This could mean two things. One,…
Is technology helping car owners receive the best car insurance deals out there? From technology advanced cars that help reduce fuel consumption, to mobile apps that promote safety; these are some of the things that modern car owners experience. Other than these advances in technology, online comparison sites for auto insurance also evolved the landscape for the car insurance industry. In the past, car owners have to do tremendous research…
Using Waze, a mobile navigation app developed to determine the road’s traffic situation; it is common to see Metro Manila’s roads filled with red lines indicating jam-packed traffic conditions. According to a recent study, the average commuting time from Quezon City to Ortigas can reach up to 2 hours simply because of the hellish EDSA traffic. To think that this only covers less than 12 kilometers, it shows the problem…
In the Philippines, it is more common for car owners to rely on their luck when driving than to take precautionary measures in preventing problems to arise. “Malas-malas lang” will typically be the common justification for damaged properties. What most car owners don’t consider is the potential loss that they incur when they don’t have their own car insurance policy. The car insurance companies in the Philippines have minimal penetration…
If you’ve purchased your car, it is a must that you stick with the right car insurance company. In fact, in order to find the best car insurance rate or the best service in general, you’ll have to compare car insurance policies. However, it is a reality that a lot of car owners are not really knowledgeable about all of these things. They’d more or less stick with the cheapest…
Buying a brand new car can be tricky, not to mention expensive. It costs a lot of money, plus you have to deal with depreciation of the car’s value. Could you imagine buying an P800,000 sedan, only to have a market value of around $650,000 the next year? Yes, it does depreciate like crazy, so why should you settle for a brand new car? Here’s why most people in the…
The concept of non-life insurance is yet to be embedded in the consciousness of Filipinos. However, there are still those who seek the help of car insurance companies, given the number of possible mishaps that they’ll encounter on the road. There are many ways on how your car could get damaged, and you end up taking care of the car insurance claims. What you have to realize is that not…
What is the use of car insurance in today’s time? If we’ll look at the number of vehicles registered today, that would sum up to a total of about 7.4 million nationwide. Just to give you an idea about how likely you are to get in an accident in the Philippines, there were around 5,000 road accidents during the first quarter of 2012, not to mention 600 fatalities. Among the…