After you compare car insurance policies and you just purchased your car insurance, not only should you know what is included in your car insurance policy, but you should also have a basic knowledge of how to file a claim. A measure of a car insurance company’s reliability is its ability to process your claims. As a rule of thumb, the company offering the cheapest car insurance premium may or may…
Driving in the Philippines is already stressful. Given the poor implementation of traffic rules, not to mention ill-informed motorists, it isn’t surprising why there’s an average of around 227 road accidents daily. Given this scenario, you either drive defensively or end up in trouble. For defensive drivers, not only do they tend to be careful about their driving habits, but they even take the necessary precaution by updating their car’s…
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…
In 2011, those involved in buying and selling of used vehicles were alarmed after two-car dealers were burned after getting one of the worst carjacking incidents in recent years. Though culprits were already arrested, carjacking incidents along with carnapping are again on the rise. From 2009 to 2013, an average of 8,800 motor vehicles was stolen annually. Now, there was a reported rise in carjacking cases this year. There was…
Having your own car, driving around the metro, and even in far-flung areas is a great way to embrace freedom. However, you have to also consider realities. Just how much money do you spend on your car on a monthly, or on a yearly basis? These are questions that you need to ask if you are going to have a car. What most people don’t know is that there are…
According to LTO’s (Land Transportation Office)2013 and 2014 record, more than 200,000 new cars are being registered each year in the Philippines and is expected to grow more by the end of 2014. It is easy to get fascinated by the scent of a new car. It is a dream come true for most of the Filipinos but before you sign the dotted line, it is highly recommendable to do…