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  1. Join Date
    Apr 2010
    Posts
    235
    #11
    For an elantra at 958k, 30k premium is a very good one already. Remember that the rates for SUV and sedans are different. Cars have higher rates. Standard rate for a car is 2% of the fair market value. Then add another 0.5% if with acts of god. Rates of course vary for each insurance company. Plus third party coverage that can reach about 2k. Then pinakamabigat ay yung 25% tax. This roughly 25% of the premium goes to the government, not the insurance companies. Assuming na 1m ang value for ease of computation:

    20,000 for OD/theft
    5,000 for acts of god
    2,000 for standard voluntary 3rd party

    Total is 27,000 plus 25% of 27,000 (6750), total is 33,750.

    If it is an SUV, the amount would have been about 25k.

  2. Join Date
    May 2009
    Posts
    126
    #12
    try to remember also that in insurance "service is their business" look for a reliable company and a dependable agent.

  3. Join Date
    Sep 2012
    Posts
    124
    #13
    Guys pwde magtanong, I'm buying vios 2009. Can you give me an estimate magkano insurance nito? With and without act of god. Many thanks!

  4. Join Date
    Sep 2005
    Posts
    15,326
    #14
    pwede naman sa isang thread lang magtanong sir..

    Quote Originally Posted by ajkotse View Post
    Guys pwde magtanong, I'm buying vios 2009. Can you give me an estimate magkano insurance nito? With and without act of god. Many thanks!

  5. Join Date
    Sep 2012
    Posts
    124
    #15
    Quote Originally Posted by _Qwerty_ View Post
    pwede naman sa isang thread lang magtanong sir..
    Pasensya na sir kasi ntatabunan po mga tanong ko la sumasagot.. And i really need an answer na kasi sobrang newbie lang ako ako, mgloloan na kasi ako nxt week po.. Though i think dpt hindi ko dpt minamadali ang mga gnio bagay... Thanks po

  6. Join Date
    Oct 2011
    Posts
    26,787
    #16
    Quote Originally Posted by _Qwerty_ View Post
    usually 2% lang.. so kung 1M.. dapat nasa 20T lang insurance..

    hangan 2% pala? ung akin 2.2% with AOG na un at CTPL. pwede pa palang babaan.

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