HELP: Commonwealth Insurance denying coverage

[dubidubidapdap]

This is well noted. We might set a meeting with them next week to get their advise for our next steps. Thanks!!

Just to add, ang kakampi mo dito ay si Commonwealth Insurance pa rin. Malaking halaga ang Php 400-500k for a repair so you really have to ask them for considerations into your favor. Kasi as far as I know, if things went smoothly into your favor, i.e., there's a loophole on your written agreement favoring your case, the other party's Insurance Company will cover the damages upto Php 200k as per their policy. Then the Commonwealth Insurance will cover the remaining cost of repair which is around Php 200-300k, right?

Then hopefully Commonwealth Insurance will go after the other party na and wala silang magagawa since its on their end na for getting a comprehensive insurance with only just Php 200k maximum third party property damage coverage. Hindi porket may comprehensive insurance ay safe na from liabilities. It still depends sa coverage and policies ng insurance since there are limits lalo na kung mura lang ang kuha sa comprehensive insurance. Good luck, OP.

[babkalakal]

Just to add, ang kakampi mo dito ay si Commonwealth Insurance pa rin. Malaking halaga ang Php 400-500k for a repair so you really have to ask them for considerations into your favor. Kasi as far as I know, if things went smoothly into your favor, i.e., there's a loophole on your written agreement favoring your case, the other party's Insurance Company will cover the damages upto Php 200k as per their policy. Then the Commonwealth Insurance will cover the remaining cost of repair which is around Php 200-300k, right?

Then hopefully Commonwealth Insurance will go after the other party na and wala silang magagawa since its on their end na for getting a comprehensive insurance with only just Php 200k maximum third party property damage coverage. Hindi porket may comprehensive insurance ay safe na from liabilities. It still depends sa coverage and policies ng insurance since there are limits lalo na kung mura lang ang kuha sa comprehensive insurance. Good luck, OP.

agree po na dapat Commonwealth should be your kakampi. talk to them about specifics I'm sure ok naman sa kanila yun. clarify ko lang din at medyo magulo sa akin isip. bakit po kayo Third party? hindi ba sasakyan ninyo mismo ang nabangga? may nasaktan ba po iba?

also insurance companies do from time to time what they term as "loss recovery" which is singilin ang party at fault para sa nagastos nila. I can only guess that there is something in your written agreement that is not in accordance.

[dubidubidapdap]

agree po na dapat Commonwealth should be your kakampi. talk to them about specifics I'm sure ok naman sa kanila yun. clarify ko lang din at medyo magulo sa akin isip. bakit po kayo Third party? hindi ba sasakyan ninyo mismo ang nabangga? may nasaktan ba po iba?

also insurance companies do from time to time what they term as "loss recovery" which is singilin ang party at fault para sa nagastos nila. I can only guess that there is something in your written agreement that is not in accordance.

Hindi yan yung CTPL Insurance Coverage.

Most call it just Liability Coverage, Property Damage Coverage or yung VTPL - Property Damage.
Yan yung policy na magco-cover sa mga damage on someone else's property. i.e. somebody else's car.

In OP's case, kung ginamit nila yung Insurance nung nakabangga sa kanya, First Party ang tawag sa nakabangga sa kanya. Second Party naman ang tawag sa Insurance Company ng nakabangga sa kanya. Kaya Third Party ang tawag kay OP. Hehe.

Iba rin ito dun sa First Car / Second Car na nasa Police Report. Kaya wag malito. Hehe.

[babkalakal]

Thanks mga bro! maliwanag na. gets na hehe

[cdl]

Just to add, ang kakampi mo dito ay si Commonwealth Insurance pa rin. Malaking halaga ang Php 400-500k for a repair so you really have to ask them for considerations into your favor. Kasi as far as I know, if things went smoothly into your favor, i.e., there's a loophole on your written agreement favoring your case, the other party's Insurance Company will cover the damages upto Php 200k as per their policy. Then the Commonwealth Insurance will cover the remaining cost of repair which is around Php 200-300k, right?

Then hopefully Commonwealth Insurance will go after the other party na and wala silang magagawa since its on their end na for getting a comprehensive insurance with only just Php 200k maximum third party property damage coverage. Hindi porket may comprehensive insurance ay safe na from liabilities. It still depends sa coverage and policies ng insurance since there are limits lalo na kung mura lang ang kuha sa comprehensive insurance. Good luck, OP.

Noted. Big thanks!!!