Am I required to renew the insurance of my 4 year old car still under car loan?

[dct]

I believe 2% more or less lang dapat ang premium to be considered cheap, although d ko sure if kasama ba ang AOG sa 2%.

P17,580 is roughly 3.30% so mukhang mahal but please don't take my word for it.

Yan din ang alam ko. 2% to 2.5%. so mahal nga yan

Sent from my HM 1S using Tapatalk

[kamoteboy911]

Thanks sa reply mga boss. Laking tulong nyo po. "Casa insurance" kasi to na in-house nila ung Peoples General kaya pinatulan ko na din.
Wala na lalakarin na papeles, babayad na lang at mail na agad papeles skin kahit nasa abroad ako.

Based from my previous experience(3x na) ung insurance na wala sa loob ng casa, madaming hassle sa pag claim
at itong nasa loob na insurance mabilis at wala ng tanong tanong, hindi mahigpit sa pag claim kahit driver ko ang magclaim ok lang kahit hindi sya driver nung nabangga.

[therightone]

Thanks sa reply mga boss. Laking tulong nyo po. "Casa insurance" kasi to na in-house nila ung Peoples General kaya pinatulan ko na din.
Wala na lalakarin na papeles, babayad na lang at mail na agad papeles skin kahit nasa abroad ako.

Based from my previous experience(3x na) ung insurance na wala sa loob ng casa, madaming hassle sa pag claim
at itong nasa loob na insurance mabilis at wala ng tanong tanong, hindi mahigpit sa pag claim kahit driver ko ang magclaim ok lang kahit hindi sya driver nung nabangga.

I guess you pay for convenience talaga hehe

Sent from my E5563 using Tsikot Forums mobile app

[nhiecah_nice29]

Thanks sa reply mga boss. Laking tulong nyo po. "Casa insurance" kasi to na in-house nila ung Peoples General kaya pinatulan ko na din.
Wala na lalakarin na papeles, babayad na lang at mail na agad papeles skin kahit nasa abroad ako.

Based from my previous experience(3x na) ung insurance na wala sa loob ng casa, madaming hassle sa pag claim
at itong nasa loob na insurance mabilis at wala ng tanong tanong, hindi mahigpit sa pag claim kahit driver ko ang magclaim ok lang kahit hindi sya driver nung nabangga.

Sir please check your inbox po. I already sent you a quotation for your reference. Thank you!

[Lew_Alcindor]

Tama. Reliability at resale value consideration din.
BTW, nagpa quote ako ng insurance for a 4-year old car, ang price ay P17,580 with AOG na. Ang insured amount ng car ko ay 534k.
Ok na price po ba ito or mahal for a 4 year old 10.5 Gen Altis?

Mahal yan. Last year yung 4yr old Innova namin 16K and ang insured value nun if definitely more than 534K. This year 13K na lang. All our insurance is from BDO where we also availed of the car loan.

My advice is to get the insurance through BDO. By experience, their offer is a lot cheaper than others (one of the cheapest IMO). In our case, pwede pa 12 months installment, 0% interest.

Nung 2nd year ng sasakyan namin, nagpaquote ako sa labas para i-compare sa offer ni BDO. Dun ko nakita yung laki ng difference. Parang 19K sa BDO tapos sa labas 25K na pinakamura.

And FYI, BDO is just a broker naman. Meron silang 3rd party insurance. Sa amin Prudential ata.