How long do you keep your car insured?

[jaymd]

How long do you keep your car insured? whether its a brand-new purchase or a relatively new model second hand car. 3-5 years? I know for a fact that all loaners need to be insured. but after that do you still insure your car?

[LiempoBoi]

From 1996-2011

Toyota Corolla bigbody insured hanggang sa binenta ko siya. Ayaw ko kasi magkaroon ng problema kapag binangga. At least participation fee lang babayaran at hindi na ako mahihirapan na habulin yung bumangga.

[jrn29]

2002-2012 , adventure SS

,kahit 10 years na naka inssurance parin, hindi man sa bangga kapag na carnap kasi may laban ka at di mo rin masasabi ang aksidente iba na yung handa ka

[bobzy]

i have kept my ride insured for 3 yrs now, even once a year lang sya nagagamit. mabuti na yung sigurado...you'll never know when you'll need it.

[Manilablock]

On the 9th year na ung ride ko pero naka comprehensive insurance pa din ako.

Kanina kakanan ako sa kanto, naka 20kph na lang ako at naka signal light, bigla ba naman meron nag cut na motor sa right side ko, buti alalay lang ang pagliko ko kun nde malamang meron motorcycle rider na hahalik sa semento.

Just imagine kung nagkabangaan kami at wala akong insurance...

Ang punto ko, kahit maingat ka mag drive, ang insurance hindi lang para sa mababanga mo, kasama dyan un babanga sayo..

[cast_no_shadow]

2006 - present.

Yan din tanong ko sa sarili ko, until when?

Still hindi mo man magamit, peace of mind na din ang binayaran mo.

[Newcomer123]

My 2007 Getz is still insured, for 180k.

Nothing beats the peace of mind an insured car brings.

Yun lang, tumatapang ako sa gitgitan

[JJ All Day]

My 2007 Getz is still insured, for 180k.
Nothing beats the peace of mind an insured car brings.
Yun lang, tumatapang ako sa gitgitan

This is actually what you paid for.

At the end of the day, you should not compare the amount you paid for versus the amount you claimed from. Isn't great that you were not involved in any accident during the effectivity of the insurance policy? Di ka dapat manghinayang sa pera na nilabas mo.

It's all about managing a risk (which may or may not happen). Say, for one (1) year period, there is a risk that you may or may not be involved in any accident which may cost you between ZERO and P300K (say, the fair market value of your old car). However, you don't want to take that risk and opted to manage it at P10K (say, insurance premium). You should consider that P10K then as your outright expense (for the price you pay in managing that type of risk) and drive with peace of mind (priceless) during the effectivity of the insurance policy.

This is all about RISK APPETITE vis-a-vis FINANCIAL PROFILE of every UNIQUE PERSON.

[ninjababez]

Meron ba na even after a year or more ay pareho parin bayaran mo sa premium? Para walang percentage sa depreciation.

[cast_no_shadow]

our 2006 Innova until now is compre insured

[ninjababez]

Meron ba na even after a year or more ay pareho parin bayaran mo sa premium? Para walang percentage sa depreciation.

bump! bump!

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Meron ba na even after a year or more ay pareho parin bayaran mo sa premium? Para walang percentage sa depreciation.

bump! bump!

[maki mi]

Yung sakin from year 9 to 11, hindi na gumalaw sa 10k. Inaangat nila ang ang VTPL coverage to compensate.

[lordcraft11]

A ford focus take me 5 years

[Gian Paulo]

My Advie98 Comprehensive insurance is still enforced up to date.

[maki mi]

How much is your current amount insured and premium?

My Advie98 Comprehensive insurance is still enforced up to date.

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How much is your current amount insured and premium?

My Advie98 Comprehensive insurance is still enforced up to date.

[SkyFlakes88]

As long as i can afford it. You can never tell when you will need it. In an accident it's best to be fully insured. Prices of parts of the latest models of cars are really high.

[dct]

Pampalubag loob na rin yan. In an event of a crash, syempre badtrip ka, nabibwisit, etc. Tapos dadagdag mo pa problema ng bayarin. Atleast wala na yung bayarin pag insured. Kaya dapat lagi may insurance