You have bought the car but do not think it is worth buying comprehensive insurance in the Philippines. Well, think again. According to roadsafetyfacility.org estimated Fatalities in 2016 12,690 during road crashes. The cost of Fatalities and Serious Injuries in 2016 was $12,410 million
What does comprehensive car insurance cover in the Philippines and why you should buy it?
The comprehensive car insurance covers own damage insurance, personal body injury, theft. Let us easily explain to you about the coverage. You went out on the road in your car, someone hit your car and run away. Your car had a big accident and got damaged. The insurance company will pay expensive to fix your car, change parts in some cases pay the price of the new car. This coverage calls own damage insurance.
Theft protection: You parked the car in the parking area in Cebu city, someone stole your car. The insurance company will pay you the full amount to buy a new car. The insurance company takes a 5 percent deduction on payouts.
Body injury: If you had an accident and you were admitted to the hospital the insurance company will cover some of the expenses of your medical bills.
Theft protection: You parked the car in the parking area in Cebu city, someone stole your car. The insurance company will pay you the amount to buy a new car. The insurance company takes a 5 percent deduction on payouts.
Body injury: If you had an accident and you were admitted to the hospital the insurance company covers some of the expenses of your medical bills. This depends on your insurance coverage.
Where to buy a car comprehensive insurance in Cebu city?
You can now buy online car insurance in the Philippines by filling the form below and an agent from Cebu city will contact you directly. If you wish to set up a face-to-face meeting our partnered company will invite you to the office. Once you fill out the form below the agent will send a quotation in your email with full details. You can confirm that and pay directly to the insurance provider’s company account. The insurance provider will issue you the soft copy and send the hard copy will send to your address.
Book2wheel works with Phil insure in Cebu city which is located at 2/F Centro Maximo II Building, D. Jakosalem, corner V. Ranudo St, Cebu City, 6000, Philippines. Due to Covid-19, no walk-in are allowed yon can fill out the form below and an agent will set a meeting with you. Phil insurance provides car insurance nationwide. So do not think this service is limited to Cebu city.
What is the process of claiming Car insurance in the Philippines?
Police report, if you had an accident do not move your car from the avoidance wait for the police to arrive. Ask the police to make a police report. Along with your police report, you need your driving license. The agent will come to take the pictures and then you can get an assessment from the repair shop. Submit this online or send the hard copy to the branch office. You will be provided all the details on your insurance copy.
How much does car insurance cost in the Philippines?
It depends on your car value if your car’s current value is 100,000 pesos. It might only cost you 3000 pesos a year. The price you pay is good for 1 year. This will protect you and your car. Image source. Click here