Yearly Comprehensive Insurance

**libroko05** · May 31st, 2010 01:31 PM

Hi. Newbie here. I'm about to renew the insurance of my vios 1.5S MT (2009). Last year, I paid 30k for the comprehensive coverage. This year, their quote is still 30k (24k for the original policy + 6K for AOG). Is that a reasonable price? Thanks.

**derf8666** · May 31st, 2010 10:28 PM

Originally Posted by libroko05

Hi. Newbie here. I'm about to renew the insurance of my vios 1.5S MT (2009). Last year, I paid 30k for the comprehensive coverage. This year, their quote is still 30k (24k for the original policy + 6K for AOG). Is that a reasonable price? Thanks.

It's on the high side. Reasonable would be about 24k but AOG included already. That is assuming a coverage of 700k OD, 200K BI PD and 250k PA.

**Lotur** · October 3rd, 2010 02:47 PM

sorry for the noob questions:
for comprehensive insurances, how much is % the usual participation fee of the owner in case of car damages? and will this be reimbursable once the insurance release the damage payment?

tia!

**reactor** · October 3rd, 2010 03:53 PM

Originally Posted by Lotur

sorry for the noob questions:
for comprehensive insurances, how much is % the usual participation fee of the owner in case of car damages? and will this be reimbursable once the insurance release the damage payment?

tia!

sir, participation depends on your insurance company. for example my insurace company only charged 3k as participation for every damages. mostly insurance company aside from your participation charges 10%-50% (depending on your insurance company policy) for every parts that needs to be replaced. you can pay first for the damaged or replaced parts and reimburse later BUT insurance company have their own ADJUSTER wherein they assess first the damage and decide how much is the cost.

better have your own insurance agent that you know. they give better services than what you get from casa. they (agent) can give you your preffered insurance company (ex standard, malayan, etc.) but the rate is lower than what casa can give. if you need an insurance PM me so i can give you my agent for the last 10years. even the new cars we bought, i get the insurance from him (60% cheaper than casa).

**rnagpala** · October 5th, 2010 12:33 AM

Sir pa join naman medyo OT.

Please badly needed ng advice lang. What should I do, "kung ayaw sagutin ng insurance ang bangga sa auto ko". Almost 3 months na sa CASA oto ko waiting pa din ako sa sagot ng insurance. Sabi ng Adjuster nasa Insurance na daw decision regarding my claim.

Baka may suggestion kayo na dapat kong gawin. Al paper documents are complete (Police report, certification of incident from the establishment, Insurance Policy, OR/CR etc.)

Btw, i got 2009 Tucson which iam still paying for it sa BDO. And my car insurance is Prudential Guarantee Ortigas.

**TholitzReloaded** · October 5th, 2010 12:57 AM

Originally Posted by rnagpala

Sir pa join naman medyo OT.

Please badly needed ng advice lang. What should I do, "kung ayaw sagutin ng insurance ang bangga sa auto ko". Almost 3 months na sa CASA oto ko waiting pa din ako sa sagot ng insurance. Sabi ng Adjuster nasa Insurance na daw decision regarding my claim.

Baka may suggestion kayo na dapat kong gawin. Al paper documents are complete (Police report, certification of incident from the establishment, Insurance Policy, OR/CR etc.)

Btw, i got 2009 Tucson which iam still paying for it sa BDO. And my car insurance is Prudential Guarantee Ortigas.

Next time palit ka na ng Insurance company.. tagal ng 3mos.

**armscor40** · October 5th, 2010 01:37 AM

let me share my YCI,

ride is hyundai jumbo starex 06, just renewed my insurance recently paid on installment basis (PDC) for 6 mos. 20,986.56 w/ AOG (it should be 18,738 if cash), participation fee is 1% of the current appraised value while the AOG deductible is 10k w/ free auto PA insurance of 20k and 2k medical reimbursement * for 10 passengers plus the usual freebies...i think reasonable because when claiming for damages or accidental expenses normally it would take 3 days minimum to 5-7 day max...CGIC - Laus Group, san fernando, pampanga.

**mark_t** · October 6th, 2010 09:22 AM

Originally Posted by rnagpala

Sir pa join naman medyo OT.

Please badly needed ng advice lang. What should I do, "kung ayaw sagutin ng insurance ang bangga sa auto ko". Almost 3 months na sa CASA oto ko waiting pa din ako sa sagot ng insurance. Sabi ng Adjuster nasa Insurance na daw decision regarding my claim.

Baka may suggestion kayo na dapat kong gawin. Al paper documents are complete (Police report, certification of incident from the establishment, Insurance Policy, OR/CR etc.)

Btw, i got 2009 Tucson which iam still paying for it sa BDO. And my car insurance is Prudential Guarantee Ortigas.

Pa sama ka na sa servicing agent mo para mag file ng complain
sa Insurance Commision.

**ydreph962** · October 6th, 2010 04:54 PM

sa inip ko sa peoples ay dito ko na pinagawa sa suking talyer sa loob ng bf resort ang tama ng bumper ng hilux ko..medyo napilas lang naman dahil plastic..ayos na ayos naman pagkakagawa at bagong pinta pa..2.5k nagastos + tip..half day lang tinira tapos kaysa maghintay ka sa insurance na pagkatagal tagal..maliit lang naman damage pero parang 11k estimate ng casa...ganun din kasi 3k participation tapos idedelay ka ng pagkatagal tagal..

**Lotur** · October 5th, 2010 08:33 PM

thanks sir reactor!

*all
Just in case i want to renew my comprehensive insurance for the 2nd year with the same company, will they be amenable to change the insurance rates to more convenient 6-month or 12-month terms?

And during the 1st year of the insurance: What i fail to settle the entire amount before the 90-grace period? How much is the usual interest charged? Are there certain computations involved depending on the car insurance cost?

Thanks again!