The enhanced community quarantine and the general community quarantine that follows it are bound to end sometime in the future once the virus is finally under control and Filipinos go back to their daily lives. Unfortunately, the end of the quarantine will bring with it a “new normal” that will dictate how people should live their lives in the future. The Philippines is an inherently dangerous place for drivers, especially…
Filipinos are generally family-oriented, and it is shown in how parents are particularly concerned with their children while traveling on the road. Families wish to prioritize the safety, convenience, and comfort for every family member, and one way to achieve this is through availing car insurance in Manila. Getting insured is one of the sure ways to ensure financial safety in Manila in case drivers find themselves in a traffic…
In 2015, over 400,000 cars, SUVs, vans, and other vehicle types were sold in the Philippines. In five years, the car and automotive industry in the country is eyeing to sell over 500,000 units in 2020. According to recorded data, while 47% of Filipino households remain to be car-less, 38% own one vehicle, while another 16% have more than one car. In fact, the region with the highest car sales…
One of the most important decisions to make when it comes to owning a car is the insurance that you should get with it. After all, a car is a hard-earned investment, and protecting it is the top priority for all car owners. Nowadays, with so many car accidents and damages reported at every news portal, it has started to become a necessity than a luxury. Plus, it’s a great…
During the past few years, there has been a new trend on the rise. Companies are starting to set up websites comparing car insurance sites in the Philippines. This is actually a good thing because it has nothing but one goal: provide information for the benefit of Filipino drivers. The car insurance industry in the Philippines is relatively new. More than a decade ago, only a few bothered to have…
2016 may end up being yet another productive year for the Philippines car industry. For the fourth continuous year, the Philippines automotive industry has been encountering year-on-year deals and thus developing the industry even more. Records on the Q1 of 2016 showed the aggregate offers of 76,479 units and 22% development over the previous year Q1 deals or 62,882 units. What is fascinating about the mid-2016 deals record is the…
Throwback in the late ’90s, Car insurance premiums are way too high compare to today’s current rates. During those times, a brand new 1999 Toyota Corolla which values at P495,000 would have a comprehensive insurance premium of P18,000 to P20,000. Nowadays, comprehensive car insurance for a second-hand car with the same market value would only be P13,000 to P14,000. This is about 30% cheaper for the Sedan market. Another comparison…
People, in essence, exist to help one another. Businesses thrive because of this principle, especially the insurance industry. The problem is that not all kinds of help are created equal. Some appear to be more helpful, some less. In the Philippines car insurance industry, the case is that more people rely on immediate price compared to the quality, and they often consider the cheap ones to be the best choice….
How to buy car insurance for an OFW? Filipinos who buy cars have different needs. But one thing is for sure, buying a car in the Philippines can be a bit expensive. Unlike in other countries, car prices are way higher in the Philippines. This is why a lot of people who purchase cars are either from individuals with a decent amount of income, or the vehicle is going to…
They say that there is strength in numbers. Is this the case when you purchased a car? It is our nature to find a community where we can belong. From photography groups to joining classes to enhance our hobbies, it is human nature to find other people who we share something in common with. The same goes for car owners. Though not a necessity for car owners, a lot of…