Feedback on Prudential Guarantee and Assurance Inc (thru BDO)

[Lew_Alcindor]

Hi guys!

Any feedback on this insurance being offered by BDO?
We got a car loan from BDO and the first year MAPFRE insurance is about to expire. BTW, we got this MAPRFE insurance for free except the AON as part of the deal.

Anyway, we also got quotation from two other companies within our area but BDO's offer is way lower and we are inclined to accept it barring any serious concerns. So here are the details:

Prudential (BDO Insurance Brokers): Total Premium - Php19,258.67
Coverage: Php990K
Own Damage Theft: Php990
VTPL/Bodily Injury: Php300
VTPL/Property Damage: Php300K
Auto PA (Php75K/pax) :Free
Acts of God: Covered
TPL: Not covered

Fortune General: Total Premiun - Php27,982.97

Own Damage Theft: Php990
VTPL/Bodily Injury: Php200
VTPL/Property Damage: Php200K
Auto PA (Php75K/pax) :Php510
Acts of Nature: Ph990K
TPL: Not covered

Planters Bank: Total Premium - PHP 24,503.80

OWN DAMAGE/THEFT 990,000.00
PROPERTY DAMAGE 200,000.00
BODILY INJURY 200,000.00
ACTS OF NATURE 990,000.00
DEDUCTIBLE: 3,000.00


We have a local MAPFRE agent but I assume their premium will be in the range of Fortune and Planters Bank.
So you can see how significantly lower BDO's offer is besides the fact we can pay it in three installments.

Should we go for it?

Thanks in advance.

[inge15]

pa up po ako ng thread na ito about PGA.

[willyfernando]

If BDO gave you your insurance package then most likely their insurance brokers (BDOI) will cover you as well. In the event of an accident BDOI will assert your claim regardless of w/c company was assigned to cover your vehicle because this improves your continued business with them.

[inge15]

UP ko po ito. Anu po feedback nyo sa Prudential Guarantee? nakapagclaim na po ba kayo dito ?

[mortis]

UP ko po ito. Anu po feedback nyo sa Prudential Guarantee? nakapagclaim na po ba kayo dito ?

Yup. I actually prefer them when getting my insurance thru BDOI.

Mabilis naman mag-respond sa mga claims ko (had 2 claims for the past 6 years from them).

[1D4LV]

wala namang issue dyan kay Prudential Guarantee..... reputable naman sya.

[rrb622]

APRIL 15,2014 kumuha ko ng mitsubishi adventure gls sports, BDO 5 years to pay
OCTOBER 11, 2014 nabangga ako ng delivery isuzu elf...
nagpa police report kami para sa insurance syempre...
eto na problema, di pa pala napadala sakin ng BDO ang policy kaya di ko alam kung anung insurance ako
saturday ako nabangga so monday na ako nakatawag sa BDO, dun ko pa lang nalaman na PRUDENTIAL GUARANTEE insurance ko, at sinabi ko na din sa manager na wala ako policyang galing!!!
monday morning punta ko sa police station para kunin police report after sa casa to estimate...
na complete ko na lahat after lunch, punta ko ngayon sa PRUDENTIAL GUARANTEE
ang sabi sakin sobra naman laki ng estimate 33k plus, sabi nila sa kanila na lang mas madali at casa din naman HYUNDAI BALINTAWAK.. sabi ko hyundai kayo mitsu oto bakit kayo gagawa, sabi nila alam naman nila lahat at mas mabilis 4days lang kuha na oto mo.. di pumayag na ko sabi nila madali lng trabaho at dina kelangan palitan pa at maibabalik naman sa original
di ok na iniwan ko na sa kanila OCTOBER 16, 2014
pag uwi ko tumawag ako sa head office nila sinabi ko yung nangyari, sinabi naman sakin 100% maibalik at sure lahat masaya ang nagpagawa sa kanila, di ok! tumawag naman ako sa mitsubishi, tinanong ko kung ba sa kanila at kung di mawala warranty, sabi nila ok naman daw at dun din daw ginagawa talaga yung at sa kanila din naman lahat ng parts, ayun may peace of mind na ako..
OCTOBER 23,2014 excited na ako kunin yung unit ko, 12pm ako dumating, bayad ako participation fee 2k, wait ako 45mis, dumating na oto ko galing loob, pinalabas sa may araw para maliwanag, paglapit ko pa lang na hi-blood na ko
hindi inalis ang bumber nung pininturahan at yung mismong may gasgas lang ang pininturahan, pati yung parts ng chassis ko naging silver, sa fender bakat pa yung nilagyan ng tape, pag silip ko sa ilalim tupi pa rin brace ng bumper, sabi ng estimator wait lang daw, pinasok ulit sa loob ng casa hyundai. pinag hintay ako ng 45mis ulit, paglabas ba naman check ko na daw!!! haaaaaaaaay inalign na daw yung brace ng bumber...
sabi ko i pull out ko na lang unit ko at ko sa mitsubishi at i approve na agad yung replace ng bumper ko, nakiusap bigyan pa daw sila ng isa pa pagkakataon at pinakausap pa sakin yung visor ata nila, at pangako bukas daw ng hapon ok na... pumayag ulit ako ang sakit sa ulo ng PRUDENTIAL..
ngaun di ko alam kung anung quality control ang meron ang hyudai at PRUDENTIAL na napag alaman ko na isang company lang pala

[godson322]

Ok dyan sa Prudential, nung nabangga ako ng motor. Palit windshiels,bumper,side panel, left headlight,grill at paint. Participation lang binayaran ko. 90k damage kasama labor sa Toyota. May discount pa Prudential nun sa toyota.

[kamotekid1968]

Hello All,

Good Day! Hope all is well. Sana may makatulong sakin. Cut long story short, nabangga yung sasakyan..almost 2 years old (mitsubishi mirage 2015). multiple collision pero ako dahil umiwas ako sa Cement Mixer Truck na nagcut sakin, napunta ako sa gutter at dun nabasag mags at pumutok gulong ko. nabunot yung inner axle ko na papuntang tranny ko (matic tranny user po pala ako). so ayun..na-tow na papunta ng accredited shop ng insurance pero magtu-2 weeks na since December 02, 2016, wala pading nagyayari at ang estimate ng shop is nasa 200k+ daw pero not sure with the exact figure. Iniisip ko madaming tinamaan sa pang-ilalim ko so marepair man nila..di na same/malamang there will be driveability issues na so iniisip ko kung ano ang magandang option. plano ko sana ipareplace nalang ang sasakyan (same model: mirage padin) instead of having it repaired. your thoughts will be highly appreciated. salamat!

[papi smith]

deja vu...