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  1. Join Date
    Apr 2010
    Posts
    235
    #11
    your tucson premium is just about standard. however, your civic premium is suspiciously low. try double checking it. maybe its not one year policy? If it is correct, then you got yourself a really low premium. You can check it in other threads. No one would come even close to what youre paying for the civic. Mind telling us the insurance company?

    Of course, premium is still based on the amount of the car. They just have their own set of rates, which i pointed out in my earlier post. Ok ill give you another example:

    If each of the unit under each category is worth 1m:

    1m SUV: 1m x 1.3%
    1m car/sedan: 1m x 1.9%
    1m pick up: 1m x 2.5%
    1m 6 wheeler: 1m x 3.5%

    Rates shown are just example. But they are graduated in such a way for each category of vehicles.

  2. Join Date
    Aug 2010
    Posts
    35
    #12
    Quote Originally Posted by wawayjr18 View Post
    gud pm sir.. new member here .. first of all thank you for this kind of forum where we could ask questions regarding our car ... sir nag avail po kasi ako ng unit tru car financing.. a brand new 2011 hyundai i10... ang unit price po nya ay Php.538,000.00 ... may free po sya 1 year comprehensive insurance amounting to Php22,062 at LTO Php 7,627.. sabi ng bank dapat daw sa november 2011 ay dapat meron na kami comprehensive insurance na maipasa sa kanila.. magkano po kaya comprehensive insurance namin next year? 1 tym payment po ba ang insurance? o pwede po sya byaran ng ilang months within that year? please response to this concern... thank you so much and godbless po

    Hi Sir,

    You underwent in house financing that's why your insurance is high. Yes, you can get a lower compre insurance from other insurance companies such as Federal Phoenix, Philippine Charter, Standard Insurance, Mapfre, etc.

    Some of them are offering insurance on an installment basis. For you to know its cost, you have to have it appraised by the insurance company. Inquire ka lang over the phone pwede na yun. Compre insurance is usually good for one year that's why you need to renew it annually.

    If you have other questions, send me your question with your email address. I don't have internet connection in the office that's why I cannot reply to your queries via PM too. I can give you a contact person then you can just inquire with them directly.

    Thank you. I hope I was able to help.

  3. Join Date
    Mar 2008
    Posts
    188
    #13
    Quote Originally Posted by derf8666 View Post
    your tucson premium is just about standard. however, your civic premium is suspiciously low. try double checking it. maybe its not one year policy? If it is correct, then you got yourself a really low premium. You can check it in other threads. No one would come even close to what youre paying for the civic. Mind telling us the insurance company?

    Of course, premium is still based on the amount of the car. They just have their own set of rates, which i pointed out in my earlier post. Ok ill give you another example:

    If each of the unit under each category is worth 1m:

    1m SUV: 1m x 1.3%
    1m car/sedan: 1m x 1.9%
    1m pick up: 1m x 2.5%
    1m 6 wheeler: 1m x 3.5%

    Rates shown are just example. But they are graduated in such a way for each category of vehicles.
    1 year po yung policy ng civic namin, from Northwest Insurance and Surety Company Inc. yung sa tucson ko naman is peoples general insurance, ang pinaka walanghiya pagdating sa follow-ups ng claims, talagang pahirapan sa pagclaim sa peoples.

  4. Join Date
    Apr 2011
    Posts
    13
    #14
    salamat po sa lahat ng nag response sa message ko. free po 1st year ng comprehensive insurance ng unit ko . pag 2 years na po ako na magbabayad ng insurance. i-rerenew ko nalang po ba sa casa yung insurance ko para mas mababa na ang babayaran o kapag po ba humanap ako ng ibang insurance company para sa unit ko hindi ko po ba pwede ipasa dun yung free insurance ko sa casa para dun ko na lang i-cocontinue ang pagbabayad sa insurance. baka po kasi one time payment lang ang insurance na babayaran ko sa casa kapag nagrenew ako eh. ang hinahanap ko po sana eh yung pwede installment basis. thanks po.godbless

  5. Join Date
    Dec 2009
    Posts
    7
    #15
    Quote Originally Posted by wawayjr18 View Post
    salamat po sa lahat ng nag response sa message ko. free po 1st year ng comprehensive insurance ng unit ko . pag 2 years na po ako na magbabayad ng insurance. i-rerenew ko nalang po ba sa casa yung insurance ko para mas mababa na ang babayaran o kapag po ba humanap ako ng ibang insurance company para sa unit ko hindi ko po ba pwede ipasa dun yung free insurance ko sa casa para dun ko na lang i-cocontinue ang pagbabayad sa insurance. baka po kasi one time payment lang ang insurance na babayaran ko sa casa kapag nagrenew ako eh. ang hinahanap ko po sana eh yung pwede installment basis. thanks po.godbless


    better check with your current insurance company baka naka auto renew ka sa kanila since you got your 1st yr ins for free, before ka look for other ins. also remember if may pinirmahan na auto renew. if this is the case, naka lock ka sa kanila upto matapos loan.

  6. Join Date
    Dec 2005
    Posts
    39,162
    #16
    Quote Originally Posted by chinita0076 View Post
    better check with your current insurance company baka naka auto renew ka sa kanila since you got your 1st yr ins for free, before ka look for other ins. also remember if may pinirmahan na auto renew. if this is the case, naka lock ka sa kanila upto matapos loan.
    Yup,- check that out bro....

    Sa labas,- puwedeng installment ang bayad, at mas mura sa iyo....

    13.1K:bike:

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need some advice regarding my unit bought last december 2010