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  1. nels76's Avatar
    nels76
    nels76 is offline Utility Diesel
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    July 12th, 2010 07:39 AM #1
    I was surprised to receive an Insurance Renewal Reminder from my Car's Insurance for its 4th Year. Tumaas ang premium

    On it's 1st year, nasa 39k ang nabayaran namin. 23k sa 2nd year (People's Gen from Hyundai QA), 21k from In House Insurance of Hyudai Erod on its 3rd Year. And this in house insurance provider from Hyundai Erod sent a sort of reminder to us this month for the 4th year insurance of my SF. My car's insurance is being renewed every Sept.

    I was expecting na mas mababa na but to my Surprise, nasa 30k ang premium.

    I am definitely not getting it. Ano ma-recommend niyong insurance. My car is on 5-year mortgage from Metrobank.
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  2. derf8666
    derf8666 is offline Verified Tsikot Member
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    July 12th, 2010 09:28 AM #2
    Maybe there's an Acts of God coverage this year? Ever since last year's Ondoy kasi, banks and financing companies now usually require AOG coverage when still under mortgage to them. Try to double check it. but then again, even if it's covered with AOG, premium is still too high. should just be around the low 20's..
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  3. nels76's Avatar
    nels76
    nels76 is offline Utility Diesel
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    July 13th, 2010 05:26 AM #3
    May AOG din yong existing insurance.
    Siguro nagtaas talaga ang mga insurance due to Ondoy Phenomenon last year and the possibility that it could happen again anytime.
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  4. mark_t's Avatar
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    mark_t is offline Tsikot Member Rank 2
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    July 13th, 2010 10:36 AM #4
    Don't worry. Just tell us agents how you want your policy written.
    Kayo ang Boss.

    Be demanding.
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  5. shibby75
    shibby75 is offline Tsikoteer
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    July 13th, 2010 11:01 AM #5
    Quote Originally Posted by mark_t View Post
    Don't worry. Just tell us agents how you want your policy written.
    Kayo ang Boss.

    Be demanding.
    How demanding ? :D
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  6. derf8666
    derf8666 is offline Verified Tsikot Member
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    July 13th, 2010 02:19 PM #6
    I should add... "Be reasonably demanding", But then again, I think the word "demanding" is a little too strong. The point is you should know your rights as a consumer. Dont let the insurance companies push you around. But you shouldnt pull a fast one (fraudulent claims) on the insurance companies too. Miss Karma is watching us.
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  7. mark_t's Avatar
    mark_t
    mark_t is offline Tsikot Member Rank 2
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    July 15th, 2010 10:47 AM #7
    Quote Originally Posted by shibby75 View Post
    How demanding ? :D
    Yon swak sa budget demanding
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  8. rennier
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    July 13th, 2010 02:46 PM #8
    Quote Originally Posted by nels76 View Post
    May AOG din yong existing insurance.
    Siguro nagtaas talaga ang mga insurance due to Ondoy Phenomenon last year and the possibility that it could happen again anytime.
    sir gud day, last year po ang aog ay .1% ng unit price + taxes ngaun po due to ondoy phenomenon naging .5% ng unit price + taxes
    Last edited by rennier; July 13th, 2010 at 03:33 PM. Reason: personal reason
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Tumaas ang 4th Year Insurance Premium. WTH?