A lot of people fear the unknown. From concepts that look complicated to things that they don’t completely understand, these things could look intimidating for a lot of people. And for Filipinos, the concept of car insurance remains a grey area for them. Driving without car insurance can be somewhat risky in the Philippines. Without any car insurance coverage, not only are you risking the probability of paying an absurd…
Car insurance is a must for every car. Regardless if it is simply parked, or you are taking it on public roads, car insurance reduces the risks. What are the usual risks that you’ll run into? For instance, car theft is a reality that you’ll have to consider. Also, it is a possibility that your car might end up getting flooded while parked in a flood-prone area. Getting car insurance…
Car insurance is an important part of having a car. In the Philippines, with the number of traffic accidents, not to mention the out of control traffic situation, it makes sense to have the right type of car insurance. But what if it is your first time to have a car and you know nothing about car insurance? Here are seven tips that first-time car owners when it comes to…
Prevention is better than cure. But with the “bahala na” attitude prevalent in our culture, Filipinos don’t usually plan ahead. It is evident by the fact that only 30% of Filipino households have savings. It is also true that car insurance companies only have a limited 3% to 5% penetration rate among car owners. Given these numbers, a lot of car owners are willing to take the risk on the…