POLL: Acts of God insurance coverage, do you have it?

[shadow]

It's what's written in my policy booklet (sorry, scanner's on a fritz). Insurance is AIU (formerly Philam Insurance).

you policy talks about your share on the parts in case of part replacment aside from the deductible you still need to share for the cost of the parts.

it's doesn't mean na walang depreciation ang car mo within 3 years. 'coz that's just impossible.

[shadow]

The insurance industry is a regulated industry.

AOG is already included in the approved rates.

Some underwriters would charge extra, while others will widhold coverage.

So it becomes free when underwriters chooses to waive extra charges.

Because the business of insurance is cost averaging. The selling of the
same product at different rates.

As for "onyok", it is a 100 year phenomenon.(To others it is 100 year cycle)

Until IC approves a new set of rates in view of these so called
climate change then old rates should apply.

As to the topic of weather, it always changes.

bakit narinig ko radio yun interview sa isang commissioner ng insurance commission na sabi niya meron additional premium talaga ang coverage ng "acts of God"?

sabi pa niya pag hinde covered and kotse mo then hinde ka talaga pwede mag claim

[_Qwerty_]

for those people whose insurance covered acts of god, can you please state your insurance premium rate?

2007 Avanza G A/T - insurance signed 1 week before Ondoy.

[ssaloon]

for those people whose insurance covered acts of god, can you please state your insurance premium rate?

Posted mine earlier in this thread. Insurance premium is 25k flat, 2k participation. Vehicle is a 2009 Civic 1.8S.

[jatcos]

2007 Avanza G A/T - insurance signed 1 week before Ondoy.

Posted mine in our page http://tsikot.yehey.com/forums/showt...34727&page=119 post#258

I noticed above item - Strike, Riot, and Civil commotion. I havent noticed this was included in my polcy. Ano yun "Acts of Man? Importante din siguro ito dami pa naman riot sa Malacanang area.

[james00112233]

2007 Avanza G A/T - insurance signed 1 week before Ondoy.

sir Qwerty, pwede bang malaman yung name ng insurance?

[_Qwerty_]

^^ Standard Insurance thru a broker

[james00112233]

^^ Standard Insurance thru a broker

Thank you, sir. Isasama ko na rin ito sa list ng pagpipilian kong insurance. Malapit na rin kasing mag-expire yung insurance ko.

[meledson]

Standard Insurance:
Car: 2007 Avanza J
Total Premium rate: 11,512.67

Coverage:
Own damage/Theft: 514K
Bodily Injury: 500K
Property Damage: 500K
Personal Accident: 7 pass x 50K
AOG (free): 514K

[alainroyce]

oo free lang sa standard yung AOG...ok talaga yang standard.. nag start yung Free AOG after nung massive flooding nung year 2000..
O.T. pati nga yung sa bahay ko na Fire insurance standard din.. konting additional amount dun sa (AOG)earthquake and typhoon with lightning pa.