Standard Insurance Co.

**whamos** · September 8th, 2011 02:10 PM

Guys, ask lang ako ng feedback about Standard Insurance Co. Ok ba sila? Mabilis pa sila magprocess ng claim? May current claim kasi ako sa kanila na Loss Due to Theft (na-carnap kasi auto ko). Ibinigay ko na lahat ng documents na kailangan nila (kahit yung iba parang paulit-ulit lang) tapos according to them, aabutin daw ng 2 months PERO laging may caveat na DEPENDE SA GANITO, DEPENSE SA GANYAN, DEPENSE SA MGA BOSSING NAMIN...

I hope I could get feedback from you guys. Thanks.

**_Qwerty_** · September 8th, 2011 02:34 PM

kahit saang insurance.. pag ganyang klaseng claim matagal talaga.. baka abutin pa nang 6 months yan..

**shadow** · September 8th, 2011 04:19 PM

pag na carnap parang 3 months ang waiting period before nila sabihin na "unrecover". pero sa standard sobrang tagal talaga diyan eons ago diyan insurance ng mga kotse namin...sobrang tagal mag process ng claims. never again

**rafmac** · September 8th, 2011 04:52 PM

Ang matagal dyan kasi you have to secure a PNP report that states that your car is unrecoverable and usually this takes 60-90 days upon the filing that your car was stolen. Once mabigay mo the PNP certification, that is the only time that they can process the claim. This is SOP for all insurance companies. So depende na lang gaano katagal nila i process yung claim mo. I'm estimating around 5-6 months after filing the car was stolen is the time you will get your payment.

**whamos** · September 8th, 2011 10:55 PM

Originally Posted by rafmac

Ang matagal dyan kasi you have to secure a PNP report that states that your car is unrecoverable and usually this takes 60-90 days upon the filing that your car was stolen. Once mabigay mo the PNP certification, that is the only time that they can process the claim. This is SOP for all insurance companies. So depende na lang gaano katagal nila i process yung claim mo. I'm estimating around 5-6 months after filing the car was stolen is the time you will get your payment.

Ok na ako dun sa report from Crame (Certificate of Non-Recovery), it took me more than 2 months to get it. Nasa Standard Insurance na lahat ng docs na kailangan nila. Sa tingin nyo, ilang months pa ang aabutin nyan before nila ako mabayaran?

**rafmac** · September 9th, 2011 08:06 AM

Originally Posted by whamos

Ok na ako dun sa report from Crame (Certificate of Non-Recovery), it took me more than 2 months to get it. Nasa Standard Insurance na lahat ng docs na kailangan nila. Sa tingin nyo, ilang months pa ang aabutin nyan before nila ako mabayaran?

ah ok sa tingin ko another 2 months pa yan but htats just my guess

**bokista** · September 9th, 2011 10:59 PM

guys tanong ko lang. Kamukha ng nangyari sa TS, pag ba na carnap kotse mo at nag claim ka sa insurance, babayaran ba nila ng buo kung magkano yung unit? Oh may certain percentage lang sila? Like kung 50 percent lang, so kalahati lang nung price ng kotse babayaran nila?

**innovavilla** · September 10th, 2011 01:01 AM

Originally Posted by bokista

guys tanong ko lang. Kamukha ng nangyari sa TS, pag ba na carnap kotse mo at nag claim ka sa insurance, babayaran ba nila ng buo kung magkano yung unit? Oh may certain percentage lang sila? Like kung 50 percent lang, so kalahati lang nung price ng kotse babayaran nila?

Babayaran ka nila bro based dun sa Sum Insured or Fair Market Value ng auto mo at the time of loss.........less the deductible (a.k.a participation)

Say Sum Insured is P300k less P2k deductible = P298k yung babayaran sayo.

HTH.

**whamos** · September 10th, 2011 08:48 PM

Originally Posted by bokista

guys tanong ko lang. Kamukha ng nangyari sa TS, pag ba na carnap kotse mo at nag claim ka sa insurance, babayaran ba nila ng buo kung magkano yung unit? Oh may certain percentage lang sila? Like kung 50 percent lang, so kalahati lang nung price ng kotse babayaran nila?

According sa T&C ng policy ko and sa explanation ng imbestigador ng Standard Insurance, ung Amount Insured or Fair Market Value less deductibles like participation. Pwede yung higher or lower of the two, depende raw sa kanila. Nga pla, sabi nung imbestigador ng Standard, may weight yung veracity ng claim ko (kung totoo ba lahat ng rineport ko at mga statements ko sa police, affidavits, etc.) sa deductibles sakin. Ang labo nga nun e, kasi parang may subjectivity, kunwari, kahit ganong ka-totoo na yung nangyari kung hindi naman sila maniniwala edi parang ganun din.

**T-MAC01** · September 9th, 2011 11:43 PM

Mga sir gud pm.bkit po sakin standard din po insurance ko nung nabangga ng motor yung car ko nag ka dent yung fender at mags gasgas na malalim.pinalitan po lahat at yung 1 week waiting sa approval sa insurance tapos 1 week sa casa para replace mga sira.kaya sakin ok naman po siya branch po nila sa may madrigal ayala alabang.tnx po