RAV4 4x4 AT ODO73k - Insurance Premium

[Manilablock]

Mga Sir,

RAV4 4x4 AT Model 2004 ODO73k

Last year lang po ako nagkaroon ng car, kaya pang 2nd na car insurance ko pa lang po ito, ask lang po ako ng assistance kung ung insurance premium po ba ay fair considering the coverage offered.

Current Insurance policy expiring in December 16, 2012
Own Damage/Theft = Php 585,000.00
Acts of God = Php 585,000.00
Excess Bodily Injury = Php 100,000.00
Property Damage = Php 100,000.00
Auto Passenger Accident (5 x Php 20,000.00 each) = Php 100,000.00
Deductible = Php 3,000.00
Total Premium = Php 22,422.70


Nag ask ako ng quote sa current insurer ko na Peoples General at sa Federal Phoenix for comparison, pero dikit lang ug total premium nila.


Peoples General:
Own Damage/Theft = Php 520,000.00
Acts of God = Php 520,000.00
Excess Bodily Injury = Php 100,000.00
Property Damage = Php 100,000.00
Auto Passenger Accident (5 x Php 20,000.00 each) = Php 100,000.00
Deductible = Php 3,000.00
Total Premium = Php 19,862.98


Federal Phoenix:
Own Damage/Theft = Php 727,000.00
Acts of God = Php 727,000.00
Third Party Bodily Injury = Php 100,000.00
Third Party Property Damage = Php 100,000.00
Auto Passenger Accident (5 x Php 10,000.00 each) = Php 50,000.00
Deductible = 1% of FMV, min. of Php 3,000.00
Total Premium = Php 20,001.88


Tama po ba ung insurance premium or dapat mas mababa pa? kung dapat mababa mga magkano po ba dapat?