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…
Accidents can happen to anyone, anywhere, at any time. This is especially true with the conditions of the Philippines’ general traffic. Every day, news programs report accidents on the road – from car collisions, people getting hit or ran over, etc. – and this is one of the main reasons why more careful car owners choose to purchase insurance. In the event that they are caught in an unfortunate accident,…
If ever accidents on the road happen, having your car insured is probably the best thing you can think of. But, of course, you still need to follow the protocol and submit necessary requirements to your insurance provider. Claiming car insurance policies follows standard procedures that vary across companies. However, some common requirements and processes can apply in some cases. Before you gather the following requirements, make sure that you…
Protecting your car, by all means, is very important—after all, you have bought it with your hard-earned money. Aside from ensuring that every aspect and surface of it is well taken care of, from the engine to the interior, every car owner should not forget about probably the most important protection one can provide its vehicle—insurance. There are many and different kinds of car insurance for the owners to choose…
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…
Comprehensive auto insurance may sound very intimidating and overwhelming for many, especially for first-time car owners and non-car enthusiasts. But, a lot of the experts it’s a great deal. After all, who wouldn’t want an auto insurance policy that’s “comprehensive”? To know what benefits car owners can get from comprehensive auto insurance, one must know first what does it mean and how can you measure comprehensiveness. Comprehensive car insurance is one of…
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…
Car insurance gives you peace of mind. For most people who treat their car as the 2nd most expensive purchases in their lives 2nd to the house, Car insurance is very important to protect their investment. With so many insurance companies to choose from, consumers have to investigate which insurance is reputable. On the other hand, dozens of Car insurance companies in the Philippines are battling with one another to…
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…