Pls Suggest Car Insurance Companies

[CtrlAltDel]

Thanks again fellows. I got offers from 3 of the companies you mentioned. I'll just wait for one more for comparison then I'll insure my car. You've been most helpful.

[theveed]

M2: Nakalimutan mo tinext ko sayo hehehe... Please quote po for my 95 Altima Thanks. (singitan mo nadin how the compre and claims work hehe, tagal ko na di nag compre eh)

[j_avonni]

For comparison, I can give you a quote from Standard Insurance. You can PM me the details of your car or contact me at 811-6080.

[theveed]

J_avonni: sige pa quote pre.

[mazdamazda]

M2: Nakalimutan mo tinext ko sayo hehehe... Please quote po for my 95 Altima Thanks. (singitan mo nadin how the compre and claims work hehe, tagal ko na di nag compre eh)

oops... sorry... follow up ko ito sa secretary namin.

ty

[theveed]

NP bro :D

[BuDiK]

mine is with Federal Phoenix... also provides 24hr road assistance.. wala pa akong experience on claims...

it think they have ties with citibank and you can charge your premium sa credit card... not sure if this info will be helpfull at all

here is the url, just in case you need it..

http://www.federalphoenix.com

[tagalnasaabroad]

mga kakosang tsikoteers help din i'm renewing my car insurance:

2006 honda city 1.5 vtec mt naman sakin..expiring third week dec06 -

among my preferences as follows:
1) competitive premum cost
2) staggered payment
3) 24 hour assistance
4) quick policy release
5) affiliated with my casa
6) proven no hassle claim record

ang mahal ng inhouse quote inoffer sakin with stingy insurance coverage of p1.13m lang..grabe mahigit sais mil itinaas nong premium compared to a couple of insurance names so far..

[MAXBUWAYA]

Malayan ok din.


Nag claim ako ng Total Wreck for my 03 CRV. last week

I Insured it for 590k noong binaha pina total wreck nanamin

they pay us P565,250 Although medyo matagal mga two months.
(hindi kami masyado nangulit)

So kung kukuha ulit ako probably malayan. Because they offer
Acts of God Coverage

[XUV-AT2002]

Mga Tsikoteers you can send private message to me to help you with your insurance risk coverage for your cars and other properties. Thanks.

[bankai]

malayan insurance . . . . . . .

very worth it. . . . . .

[diesoline]

resurrecting this thread...

I switched to Direct Link. Totoo nga ang sabi nila, ang mura ng premium, kasi diretso ka na sa kanila, no need to worry about agent/broker commissions. They also have a standby 24-hour motorist assistance hotline, at accredited sa kanila yung casa ko. Mabilis pati, 30 mins. kung dadaanan mo sa office nila yung policy, 24 hours if you want it delivered. And I got free PhP1,000 worth of fuel (not much, but better than nothing).

i am a former client of direct link (three years insured with them), and i am shopping around for a new insurance provider. what turned me off was their high participation (10K) which i belatedly discovered when i tried to claim for a damaged sidemirror assembly. though for cost of premium, and convenience of service, they are hard to beat.

Equitable-PCIB (EBC Insurance Brokerage). Fixed ang participation (P2K for car, P3K for van/SUV). Ok naman.

do you have any updates for this IMm29?

other tsikoteers are very much welcome to pipe in. tia, guys!

[MAXBUWAYA]

resurrecting this thread...



i am a former client of direct link (three years insured with them), and i am shopping around for a new insurance provider. what turned me off was their high participation (10K) which i belatedly discovered when i tried to claim for a damaged sidemirror assembly. though for cost of premium, and convenience of service, they are hard to beat.



do you have any updates for this IMm29?

other tsikoteers are very much welcome to pipe in. tia, guys!

hindi ba according to insurance commision is 1% Fair Marvet Value ng sasakyan ang participation?

Except standard Insurance Which goes for 0.5% of FMV as your parcticipation. This is pretty competitive especially kung madalas ka mag claim hehehehehe

[diesoline]

ok. that explains it. a little less than 1M na kasi ang FMV ng auto ko na yun.

anyway, i will canvass quotes from prudential, malayan and philcharter and equitable here in baguio.

[devdevlin]

resurrecting this thread...



i am a former client of direct link (three years insured with them), and i am shopping around for a new insurance provider. what turned me off was their high participation (10K) which i belatedly discovered when i tried to claim for a damaged sidemirror assembly. though for cost of premium, and convenience of service, they are hard to beat.

mtanong ko lang ano yun participation fee? so you mean kailangan mo magbayad ng 10K para makuha mo yun bago sidemirror assembly? bago lang kasi ako kaya hndi ko alam mga bagay na yan.

[Bogeyman]

i am a former client of direct link (three years insured with them), and i am shopping around for a new insurance provider. what turned me off was their high participation (10K) which i belatedly discovered when i tried to claim for a damaged sidemirror assembly. though for cost of premium, and convenience of service, they are hard to beat.

When I enrolled with them, 7K na lang ang participation fee ko for a private-use AUV. My father-in-law is also a current policy holder of DL; the last time his AUV sustained minor damage, he was advised that, since the repair cost was below his participation fee, he had the option of just shouldering the repairs himself, kasi lugi siya kung idadaan pa niya sa insurance. May point naman sila dun.

On my end naman, I don't mind the relatively high participation fee, since I don't expect to shell it out on a regular basis, unlike the insurance premium which I'm supposed to anticipate every year. Once pa lang naman ako nag-file ng claim for an accident, and you're right, convenient talaga ang service nila.

mtanong ko lang ano yun participation fee? so you mean kailangan mo magbayad ng 10K para makuha mo yun bago sidemirror assembly? bago lang kasi ako kaya hndi ko alam mga bagay na yan.

In automobile insurance, the participation fee refers to a set amount (usually a fraction of your vehicle's appraised market value) that you pay the insurer in order to claim for damages, regardless of the amount of damage your vehicle sustains in the event of an accident.

For example, my policy dictates a P7,000 participation fee for my vehicle. I become involved in an accident, and my vehicle sustains damage amounting to P120,000. If I choose to have this damage repaired under insurance, all I have to do is pay the insurer P7,000 as my participation fee, at sila na ang bahala sa malaking repair bill ko. The participation fee typically varies from one insurance company to another, and it can go for as low as P2,000.

The participation fee is different from the insurance premium (the annual 'enrollment fee' that you pay to keep your policy from expiring). You'll notice that, among different insurers, the participation fee is inversely proportional to the insurance premium e.g. Insurer A offers a high premium with low participation, while Insurer B offers lower premium with higher participation. One rule of thumb is, if your total accident repair cost is less than your prescribed participation fee, you're better off paying for the repairs as an out-of-pocket expense; save your participation fee (and your insurance claim) for more serious damages.

[diesoline]

bogey, guess what? if i can't verify EBC's current fixed participation cost and premium tomorrow, DL might just get my business again.

malayan gave me the lowest quote and many other benefits with 45 days term to boot. DL has lesser benefits compared with malayan but their killer blow is the 6-month staggered payment arrangement -- i just divide premium cost by six, write up the corresponding checks, send it to them and the policy arrives via next-day-courier.

i haven't been familiar with the 1% deductible/participation rule since last year was the first time i ever considered filing for a claim. btw, this really sucks because i've been driving for over 20 years now, and, ngayon ko lang nalaman ito, hehehe! testament to my being an, ehem, exemplary driver.

[cocoy_01]

Stupid questien guys:

Can i still enroll my ride(91model) sa compre insurance? If pwede mga magkanu kaya yun?

[geebunny]

Stupid questien guys:

Can i still enroll my ride(91model) sa compre insurance? If pwede mga magkanu kaya yun?

Almost all insurance companies don't accept more than 10-year old vehicle for comprehensive insurance.

[devdevlin]

In automobile insurance, the participation fee refers to a set amount (usually a fraction of your vehicle's appraised market value) that you pay the insurer in order to claim for damages, regardless of the amount of damage your vehicle sustains in the event of an accident.

For example, my policy dictates a P7,000 participation fee for my vehicle. I become involved in an accident, and my vehicle sustains damage amounting to P120,000. If I choose to have this damage repaired under insurance, all I have to do is pay the insurer P7,000 as my participation fee, at sila na ang bahala sa malaking repair bill ko. The participation fee typically varies from one insurance company to another, and it can go for as low as P2,000.

The participation fee is different from the insurance premium (the annual 'enrollment fee' that you pay to keep your policy from expiring). You'll notice that, among different insurers, the participation fee is inversely proportional to the insurance premium e.g. Insurer A offers a high premium with low participation, while Insurer B offers lower premium with higher participation. One rule of thumb is, if your total accident repair cost is less than your prescribed participation fee, you're better off paying for the repairs as an out-of-pocket expense; save your participation fee (and your insurance claim) for more serious damages.

ok to explanation na to, gets ko na tol thanks.