Pls Suggest Car Insurance Companies

[Retz]

Details:

OD/THEFT INCLUDED Covered:1,381,000.00 Premium:19,334.00
ACTS OF GOD Covered:1,381,000.00 Premium:6,905.00
VTPL BODILY INJURY Covered: 100,000.00 Premium:180.00
VTPL PROPERTY DAMAGE Covered: 100,000.00 Premium:1,095.00
AUTO PASS (5) SEATER Covered: 100,000.00 Premium:250.00
P 20,000 each

DEDUCTIBLE : Php. 6,905.00 for each and every loss

If there will be changes/adjustment that I should ask for, which is which?

Many thanks.

Sir, parang wala pang 35K yan in total?

[Retz]

Questions on comprehensive car insurance:

1.) Isang claim lang ba valid ang car insurance per year? If you are involve in 2 or more accidents a year, pwede bang i-claim un sunod na accident?

2.) For old cars, let say 10 yr old above. Is it feasible or valuable to have it enrolled in a comprehensie car insurance? or CTPL should already suffice.

[jon_i9100]

Gentlemen,

Pwede ko pa i-enroll sa Comprehensive ang aking sasakyan 2001/Nissan/A.T 2nd hand ko siya nabili at di ko plan na ilipat sa name ko yun CR? May mai-suggest kayo na insurance company yun well worth ang bayad importane sakin kasi yun acts of god/flood. at kahit di sakin naka name yun OR/CR pero meron ako deed of sale sa akin na ba mai-papangalan yun Insurance? di ba mahirap sa pag claim?

[_Qwerty_]

yes kahit ilang accidents..

yung ibang insurance hindi na tumatanggap nang 10 yrs above.. lugi ka din kasi.. aside from participation.. baka 80% to 90% on parts ikaw na din babayad dahil sa depreciation.. so useless yung comprehensive.. mag ipon ka na lang nang fund for repairs.

Questions on comprehensive car insurance:

1.) Isang claim lang ba valid ang car insurance per year? If you are involve in 2 or more accidents a year, pwede bang i-claim un sunod na accident?

2.) For old cars, let say 10 yr old above. Is it feasible or valuable to have it enrolled in a comprehensie car insurance? or CTPL should already suffice.

[Retz]

yes kahit ilang accidents..

yung ibang insurance hindi na tumatanggap nang 10 yrs above.. lugi ka din kasi.. aside from participation.. baka 80% to 90% on parts ikaw na din babayad dahil sa depreciation.. so useless yung comprehensive.. mag ipon ka na lang nang fund for repairs.

Sir qwerty, pardon me but what do you mean by the above bold statement? hindi ba participation lang ung babayaran mo? bakit may 80-90% parts?

[_Qwerty_]

participation lang.. sa brand new cars age 1 to 3 lang yan.. 100% sagot nila yung parts.. check your policy.. for older cars.. you pay a percentage na for the parts.. the older the car is.. the greater the percentage you pay..

Sir qwerty, pardon me but what do you mean by the above bold statement? hindi ba participation lang ung babayaran mo? bakit may 80-90% parts?

[Retz]

participation lang.. sa brand new cars age 1 to 3 lang yan.. 100% sagot nila yung parts.. check your policy.. for older cars.. you pay a percentage na for the parts.. the older the car is.. the greater the percentage you pay..

ah, hindi pala inclusive ang parts sa participation fee for vehicle more than 3 years old na? ngayon ko lang nalaman ito. ang dami kasi nakasulat sa insurance policy nakakalito basahin.

[derf8666]

Questions on comprehensive car insurance:

1.) Isang claim lang ba valid ang car insurance per year? If you are involve in 2 or more accidents a year, pwede bang i-claim un sunod na accident?

2.) For old cars, let say 10 yr old above. Is it feasible or valuable to have it enrolled in a comprehensie car insurance? or CTPL should already suffice.

1. Wala namang limit as long as you dont go over your sum insured. Of course, if you have multiple claims or a big claim, chances are they wont renew your policy next year, either that or they will increase your premium.

2. The insurance companies do not want to accept old vehicles for compre insurance coverage. And theres a big reason why. They have more claims than the newer vehicles. So that means it is better for owners of older vehicles to insure their cars, that is if there are any takers. As long as you have a car, it is always advisable to have a compre insurance. Not only for the own damage claim of your vehicle, but more so for third party accidents. Maximum participation for parts replaced is 45% of the value of the parts for cars older than 7 years and 50% for mechanical parts like suspension, tires, etc.. If youre saving on money, you can have the option to replace the damaged collision parts with surplus, in which case you dont need to share in the cost of the parts. No participation on the depreciation.

[derf8666]

Gentlemen,

Pwede ko pa i-enroll sa Comprehensive ang aking sasakyan 2001/Nissan/A.T 2nd hand ko siya nabili at di ko plan na ilipat sa name ko yun CR? May mai-suggest kayo na insurance company yun well worth ang bayad importane sakin kasi yun acts of god/flood. at kahit di sakin naka name yun OR/CR pero meron ako deed of sale sa akin na ba mai-papangalan yun Insurance? di ba mahirap sa pag claim?

The insurance will always be under the name that appears on the CR. However, if you have a deed of sale, they do allow an "and/or" coverage. Ya, some insurance will accept more than 10 year- old vehicles, subject for inspection.

[aamd]

I would like to ask for 1 year insurance quotation for a brand new Mitsubishi Mirage AT. The price of the 2013 mirage is 638,000 less 25,000 discount. Quotation with Acts of God and Without acts of God

Please PM me your best offer and contact number.

regards.

al