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…
How iChoose.ph can help you find a better deal of car insurance Philippines? Times are tough so, it is essential to be prepared than ever not to pay over the odds for your car insurance. Whether you are a brand new car owner struggling against eye-watering high premiums or an experienced old car driver who is discovering loyalty doesn’t pay, you are in the right place at iChoose.ph to choose…
According to Waze users, Metro Manila has the world’s worst traffic. Despite its size, not to mention population, it lacks efficient public transportation that could get people from point A to point B in a short period of time. The average commute time in Manila, according to the study is at 45.5 minutes. It is the longest compared to world cities such as Jakarta, New York, and London. Economic losses…
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…
There are many ways on how you can have your own car and have trouble with it. Given the constant traffic, a number of road accidents, and all the mishaps in between, this is why getting car insurance can help give you peace of mind. However, the reality is that car insurance company only have a 3-5% penetration rate in the market. Unfortunately, around 200 cases of car accidents happen…
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…