Don't be fooled by BPI MS Insurance

[divadnosaj]

sir natakot kami eh, nung time na binangga nya kami, bumulagta sya sa daan, lasing tapos nakita namin may naka sukbit na baril sa jacket nya.. kaya di na kami nakipagusap, baka kasi balikan kami, ayaw namin ng gulo.

[Diesel_Torque]

Mga bossing nalinlang na rin ba kyo ng insurance ng Toyota (Empire Insurance) Comprehensive sya mas mahal pa ng konti compare sa Standard Insurance pero wala pla Act of God, nung nag-claim kmi nasisi pa kmi bkit daw nmin hndi pina-add ung Act of God, samantalang ung sa Standard nmin wla naman kmi pina-add at mas mura pa pero covered nya act of God. Tsk! TSk! Tsk! BAdtrip. Sana iwasan nyo na yan mga ganyan insurance na madadaya at mapalinlang.

Ang sakin lang naman eh kya nga Comprehensive ung insurance mo na kinuha eh pra wla kang iisipin tpos ikaw pa ang sisisihin nila dahil daw hndi pina-add ung act of God, samantalang sa iba hndi mo na kailangan ipa-add standard na talaga yun sa comprehensive. Sana iwasan nyo na lang yan mga ganyan klaseng insurance khit pa meron na daw cla covered na ganun. Ang punto dun naka-linlang cla ng mga tao na umasa.

[Diesel_Torque]

mga sir tanong ko lang, nabangga kasi kami ng motor sa likod ng sasakyan namin.. kumpleto kami sa requirements at hindi kami ang may kasalanan.. babayad parin ba kami ng participation fee para sa repairs?

Dapat bossing naghanap ka ng malapit na Pulis station, pina-blotter mo kc pwede palabasin na Hit and Run ka dun or malay mo modus yun. tama din ung ginawa mo hndi mo tinigilan dahil nakita mo na may baril. Ingat lang tyo mga tsikoters may mga ganyan din na modus babangain ka tpos pag baba mo tutu-tukan ka pla holdap na.

[morales4]

i disagree to the thread starter..

BPI/MS is one of the most reliable insurance companies.
They process car claims quickly.

But I know an insurance company which has faster claims service - Chartis (formerly known as AIU / Philam Insurance)

Chartis Insurance may have the highest premiums, but when it comes to claims, wala kang masabi..

I disagree, I have claim with BPI MS until now wala pa rin silang maiprovide na LOA. Mag-one month. Ganyan ba kabilis ang [SIZE=4]BPI MS[/SIZE].

[morales4]

Nope sorry never had a problem with BPI/MS either. If anything I was impressed by how quickly they processed my claim.

Needless to say my money goes to them for the fourth year running.

Not me, mabagal yung processing nila ng claims. Ikaw pa ang mag-followup sa adjuster.

[derf8666]

As I've always said. It's not really in the company. Almost all companies will pay legitimate claims. It's how the agent handles your claim. Sometimes its also the fault of the Insured himself, for violating some of the provisions of the policy. As they say, ignorance is not an excuse. Again, thats where the agent comes in. He should educate his clients as much as possible regarding certain dos and donts.. Kaya yung mga iba diyan na barat magbayad ng premium, mag isip isip din kayo. Its easy to lower the premium, but at what expense?

[kenchix1]

Last year (ondoy) lumubog Starex namin, we bought it last year din Feb. 2009. After so many months of waiting, andon pa din sa casa. Nung una (April), we wrote a letter of reconsideration to declare it as total loss. May AOG yung insurance namin with BPI MS, pero ayaw nila. yung quotation ng repair reaches almost half a million na based from Hyundai docs, at may mga padating pa na more than hundreds of thousands.

All the while we are paying monthly sa bank (almost 700k na) for the starex na hindi namin magamit dahil nasa casa pa since november 2009 (July 2010 na ngayon) at nagpadala na ulit ng renewal ang BPI MS for the insurance which binayaran naman namin. Pero ang hirap nila tawagan para mag follow up ng claim. Sa tagal ng paghihintay at wala kaming magamit, we end up getting a Fortuner, so doble ngayon ang expense, monthly ng starex at ng fortuner.

Bakit matagal nire-repair ? Try calling BPI MS. Experience ko with casa, kapag may pera gagalaw sila. (I experienced it with my vios and Innova nung nagka-damage, galaw sila pag dating ng LOA)

This month tumawag sila we have two options, we retain the Starex and they'll pay us around 600k or we don't retain the starex but they'll only pay around 1.2M.

How much ang value ng brand new na starex on its first year ? more than 1.5M bawasan mo ng depreciation value from Feb 2009 - October 2009, is it equal to 1.2M ?

Bakit around 1.2M lang ? It is because, based sa nakausap namin from BPI MS, naglabas na sila ng money pang repair nung Starex and we should shoulder the 50% of it plus the participation fee.

[derf8666]

Take the 1.2m. Taken into consideration everything that had happened, I think it's fair enough. You wont be able to sell it for 1.2m in the market even if you had it totally repaired, repainted, refurbished. Although of course the bank will take crack at your money first. Whatever is left, you use it as the DP to get your next car.

[boybi]

Last year (ondoy) lumubog Starex namin, we bought it last year din Feb. 2009. After so many months of waiting, andon pa din sa casa. Nung una (April), we wrote a letter of reconsideration to declare it as total loss. May AOG yung insurance namin with BPI MS, pero ayaw nila. yung quotation ng repair reaches almost half a million na based from Hyundai docs, at may mga padating pa na more than hundreds of thousands.

All the while we are paying monthly sa bank (almost 700k na) for the starex na hindi namin magamit dahil nasa casa pa since november 2009 (July 2010 na ngayon) at nagpadala na ulit ng renewal ang BPI MS for the insurance which binayaran naman namin. Pero ang hirap nila tawagan para mag follow up ng claim. Sa tagal ng paghihintay at wala kaming magamit, we end up getting a Fortuner, so doble ngayon ang expense, monthly ng starex at ng fortuner.

Bakit matagal nire-repair ? Try calling BPI MS. Experience ko with casa, kapag may pera gagalaw sila. (I experienced it with my vios and Innova nung nagka-damage, galaw sila pag dating ng LOA)

This month tumawag sila we have two options, we retain the Starex and they'll pay us around 600k or we don't retain the starex but they'll only pay around 1.2M.

How much ang value ng brand new na starex on its first year ? more than 1.5M bawasan mo ng depreciation value from Feb 2009 - October 2009, is it equal to 1.2M ?

Bakit around 1.2M lang ? It is because, based sa nakausap namin from BPI MS, naglabas na sila ng money pang repair nung Starex and we should shoulder the 50% of it plus the participation fee.

P1.2M is fair price already. Take the claim.

[jedi]

once you bought a car... its value depreciates by 20% so 1.2M is a fair deal na.