Toyota Innova Owners & Discussions [continued 2]

[salvania]

talaga bang participation sa insurance claim is P5000.00
para saan ba itong participation fee na ito?
kaya nga naka insured eh para alang bayarin sa mga repairs
bakit naniningil pa sila ng ganon?

participation fee is required by the insurance commision. you pay this everytime you file a claim. participation fee is based depending on how many accidents your car have.

meaning 1 accident = 1 participation fee.

so kung lalabas sa evaluation na 5 accidents, 5 din participation mo


Note : Copy & paste ko lang po ito from a post ng isang insurance broker