Category: Motorcycle Insurance

Motorcycle Insurance: A Guide for First-Time Bike Owners

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For some Filipinos, getting a motorcycle might be quite a practical solution to get to their destinations more easily – getting past through gridlocked vehicles on frequently congested roads. Furthermore, a motorbike may be more cost-efficient than a car in terms of purchasing price and gas. This motorcycle insurance guide will help mostly first-time bike owners.   Still, regardless of the motorcycle’s purpose, riders must acknowledge certain risks to it…

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CTPL vs. Comprehensive Car Insurance: What is the Difference?

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After purchasing their first vehicle, car owners should do the wisest thing next is to insure it. Acquiring a car insurance policy can provide them peace of mind and lessen their anxieties when dealing with the financial aspects of getting involved in an accident/incident. In the Philippines, there are two main types of car insurance available for motorists: compulsory third-party liability (CTPL) and comprehensive car insurance. The main difference between…

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2020 Ranking Non-Life lnsurance Companies Based on Gross Premiums Written

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Time and time again, people are reminded how uncertainties can set us back financially. But despite the risks that can ruin savings and potentially impede plans, many still regard insurance as an insignificant intangible product in the Philippines. However, the insurance industry in the country experienced a sudden increase in the number of insured as many realized the contribution of insurance in mitigating risks, and the industry is poised to…

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What You Need to Know About LTO’s 10-Year Driver’s License

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Motorists are required to get a driver’s license before driving on private and public roads. A license is an authority granted by the Land Transportation Office (LTO) to a person to operate a motor vehicle. Essentially, this is issued to an individual who has met the license qualifications set by the agency, which include passing an automated theoretical examination and practical driving course. Driver’s licenses, similar to other identification cards,…

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Number Coding Guide for Filipino Motorists in 2020 [Infographic]

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The Metro Manila Development Authority (MMDA) lifted the number coding scheme in March this year due to limited public transportation operations during the enhanced community quarantine in Metro Manila. Seven months after the suspension, the agency decided to keep the coding scheme lifted because of the limited number of public utility vehicles available for many Filipinos’ return to the roads after the lockdown. MMDA General Manager Jose Arturo Garcia has…

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Why Filipinos Need to Have a Motorcycle

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The Philippines is known for its bad traffic conditions and frequent road congestions. When time is short, people prefer riding motorcycles than other public transportation to get to their destinations on time. Motorcycles can help get past traffic by zigzagging through gridlocked vehicles and, possibly the reason why many people consider buying one, make their lives easier when getting to work. There are many ways to classify motorcycles depending on their form…

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What to Consider When Buying Motorcycle

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Many Filipinos fell in love with motorcycles primarily because of the heavy traffic in the country’s major roads, including the infamous EDSA. Motorbikes can help people get past traffic by zigzagging through gridlocked vehicles. Because the country’s public transportation system is still facing various problems due to the coronavirus, many commuters rode bikes to travel and get to work. Some people might even consider buying motorcycles to make their lives…

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Lessons from Coronavirus: Why Car and Motorcycle Insurance is Vital in the Philippines [Infographic]

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Many people worldwide realized the importance of staying healthy amidst the coronavirus pandemic since it is one of the sure ways to avoid contracting diseases. People purchased vitamins of all sorts to keep healthy, and others may have started comparing health insurance as they realized its importance for the new normal. The pandemic showed how vital insurance is in the Philippines since they can reduce one’s overall expenses for anything…

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Insurable Interest Effect On Motorcar Insurance

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Insurance policies are not only meant for individuals who want to protect themselves or their properties from any possible dangers or losses, but also for other people and items. Insurable interest enters the stage, allowing one to insure a property owned by another entity. Insurable interest is a vital requirement for insurance policies issued to protect an individual from financial loss should another person or item be lost or damaged….

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Why a Motorcycle Insurance is Vital?

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Driving a car is fun, but going out on a motorcycle is even more so. Many riders relish the sense of freedom they have with riding a motorbike as they get high while they ride. Motorbikes are a sort of legal drugs that motorists can’t seem to get away from thanks to the high that both the bike’s power and acceleration can offer. The enjoyment a rider has with a…

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