Tag: motorcycle insurance Philippines

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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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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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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