There are a lot of cars in the Philippines. Given the number of vehicles in the country, it is surprising why a lot of people still don’t have the right car insurance with them. Isn’t it surprising to see cars that do not have the necessary car insurance? So why is it that only a few cars are insured in the country? Here are a few reasons why. Culture…
If you are involved in the car insurance business, you might find it challenging to sell your product to a car owner. In fact, if you’ll look at the numbers, there’s a less than 5% penetration rate among car owners in the country. Despite the clogged streets, the hundreds of vehicular accidents in the country on a day to day basis, a lot of people still don’t purchase their comprehensive…
Typhoon season is right around the corner. This means that floods will most likely be a part of life in Metro Manila and other places in the Philippines. Ondoy in 2009 reminded us of the horror of what could happen given the changing climate. Due to the Ondoy in 2009, the country even received a grant from the World Bank worth $1.5 million. That gives you an idea how devastated…
Driving a car in the Philippines can be stressful. The term rush hour traffic is slowly becoming a standard throughout the entire day especially in Metro Manila. And given the influx of cars on the road, this increases the probability that you’ll encounter an accident. Regardless if it’s ruled that are not followed by most motorists, or simply a mistake on your part as a driver, road accidents should be…