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  1. Join Date
    Apr 2010
    Posts
    235
    #21
    Quote Originally Posted by 1D4LV View Post
    you have an insurance.... ipasok mo sa casa.... comprehensive naman yan and dapat wala kang aabunohan.
    Here is the table of depreciation rate that the Insured will shoulder if ever there will be parts replaced:

    Vehicle up to 3 years - none
    3-4 years - 20%
    4-5 years - 25%
    5-6 years - 30%
    6-7 years - 35%
    7 years and older - 40%

    Mechanical parts such as tie rods, ball joints, shock absorbers, tires, batteries - 45% after 3 years and older

  2. Join Date
    Aug 2004
    Posts
    22,705
    #22
    Unless you own a shop... give the insurance company the car.

    420k minus deductible... if they declare the car as worth more than 150k... lugi ka na.

    Ang pagbalik ng comeback...

  3. Join Date
    Sep 2009
    Posts
    42
    #23
    Quote Originally Posted by ka_omeng View Post
    Sir pwede mag ask kung pano ka nabangga? May bumangga ba?
    four cars involved. nag full stop along NLEX yung first car so nabangga ng second car na nabangga ko naman. fourth car swerved right pero nahagip pa rin yung likod ng sasakyan ko.

  4. Join Date
    Sep 2009
    Posts
    42
    #24
    Quote Originally Posted by cast_no_shadow View Post
    same dilemma before car is already 6 years old nung nabangga still in compre insurance.

    We got offered 2 options:

    You get the car + an amount

    Insurance get your car in exchange for the insured amount minus yung deductibles.

    We opted to get the insured amount, hassle magpagawa ng malaking damage. Kaya nga even the insurance is declaring it as total loss sila.

    Malaki pa yung amount ng damage sa value ng kotse.

    Eto offer pala nahalukay ko pa hehe




    Sent from my iPhone using Tapatalk
    Wow that's very helpful, sir! nakalagay sa policy ko na "In case of a total loss, the Assured shall keep the salvage arising from the loss. Claims settlement shall be based on the sum insured less the salvage value of the damaged unit."

    My question is, yung sum insured nya is P426,465.00. The policy was issued on September 11, 2014. May depreciation rate pa bang ibabawas sa sum insured na yan? Also, what's a fair amount for the salvage value? I'm thinking kasi na most likely, tataasan nila yung salvage value. syempre i want to get the most benefit as possible naman sa sitwasyon na to.

  5. Join Date
    Sep 2009
    Posts
    42
    #25
    Quote Originally Posted by niky View Post
    Unless you own a shop... give the insurance company the car.

    420k minus deductible... if they declare the car as worth more than 150k... lugi ka na.
    The insurance policy says "in case of a total loss, the Assured shall keep the salvage arising from the loss. Claims settlement shall be based on the sum insured less the salvage value of the damaged unit". Sir, what do you think is a fair amount for salvage value para hindi ako malugi? Hindi ko din kasi alam gagawin sa sasakyan after nito e.

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    Quote Originally Posted by niky View Post
    Unless you own a shop... give the insurance company the car.

    420k minus deductible... if they declare the car as worth more than 150k... lugi ka na.
    The insurance policy says "in case of a total loss, the Assured shall keep the salvage arising from the loss. Claims settlement shall be based on the sum insured less the salvage value of the damaged unit". Sir, what do you think is a fair amount for salvage value para hindi ako malugi? Hindi ko din kasi alam gagawin sa sasakyan after nito e.

  6. Join Date
    Jun 2012
    Posts
    4,448
    #26
    Kung ano nakalagay yan na yung amount na ibibigay sayo. Claim as total loss na lang. Sakit rin sa ulo ang ganyan. May mga hindi nila mapperfect dyan

  7. Join Date
    Oct 2009
    Posts
    2,271
    #27
    baka gusto mo TS ibenta ung tsikot mo as is PM mo sa akin presyo

  8. Join Date
    Jan 2015
    Posts
    468
    #28
    Quote Originally Posted by zirkel View Post
    Wow that's very helpful, sir! nakalagay sa policy ko na "In case of a total loss, the Assured shall keep the salvage arising from the loss. Claims settlement shall be based on the sum insured less the salvage value of the damaged unit."

    My question is, yung sum insured nya is P426,465.00. The policy was issued on September 11, 2014. May depreciation rate pa bang ibabawas sa sum insured na yan? Also, what's a fair amount for the salvage value? I'm thinking kasi na most likely, tataasan nila yung salvage value. syempre i want to get the most benefit as possible naman sa sitwasyon na to.
    dapat ang basehan ng claim mo is ung insured amount na Php 426,465.00 less participation less the "X amount of depreciation (ito ung dapat na depreciation rate lang na nakalagay sa taas)" plus the salvage value of the car. wag na wag kang papayag (iaatempt nila) na idepreciate pa yan from september 2014 up to the date of accident.

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    Quote Originally Posted by zirkel View Post
    Wow that's very helpful, sir! nakalagay sa policy ko na "In case of a total loss, the Assured shall keep the salvage arising from the loss. Claims settlement shall be based on the sum insured less the salvage value of the damaged unit."

    My question is, yung sum insured nya is P426,465.00. The policy was issued on September 11, 2014. May depreciation rate pa bang ibabawas sa sum insured na yan? Also, what's a fair amount for the salvage value? I'm thinking kasi na most likely, tataasan nila yung salvage value. syempre i want to get the most benefit as possible naman sa sitwasyon na to.
    dapat ang basehan ng claim mo is ung insured amount na Php 426,465.00 less participation less the "X amount of depreciation (ito ung dapat na depreciation rate lang na nakalagay sa taas)" plus the salvage value of the car. wag na wag kang papayag (iaatempt nila) na idepreciate pa yan from september 2014 up to the date of accident.

  9. Join Date
    Sep 2009
    Posts
    42
    #29
    Quote Originally Posted by RomeoAlpha View Post
    dapat ang basehan ng claim mo is ung insured amount na Php 426,465.00 less participation less the "X amount of depreciation (ito ung dapat na depreciation rate lang na nakalagay sa taas)" plus the salvage value of the car. wag na wag kang papayag (iaatempt nila) na idepreciate pa yan from september 2014 up to the date of accident.

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    dapat ang basehan ng claim mo is ung insured amount na Php 426,465.00 less participation less the "X amount of depreciation (ito ung dapat na depreciation rate lang na nakalagay sa taas)" plus the salvage value of the car. wag na wag kang papayag (iaatempt nila) na idepreciate pa yan from september 2014 up to the date of accident.
    ahh okay so tama ba to sir, P426,465 minus participation minus (25% of P426,465) minus salvage value (because the policy says im keeping the car)?

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    Quote Originally Posted by RomeoAlpha View Post
    dapat ang basehan ng claim mo is ung insured amount na Php 426,465.00 less participation less the "X amount of depreciation (ito ung dapat na depreciation rate lang na nakalagay sa taas)" plus the salvage value of the car. wag na wag kang papayag (iaatempt nila) na idepreciate pa yan from september 2014 up to the date of accident.

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    dapat ang basehan ng claim mo is ung insured amount na Php 426,465.00 less participation less the "X amount of depreciation (ito ung dapat na depreciation rate lang na nakalagay sa taas)" plus the salvage value of the car. wag na wag kang papayag (iaatempt nila) na idepreciate pa yan from september 2014 up to the date of accident.
    ahh okay so tama ba to sir, P426,465 minus participation minus (25% of P426,465) minus salvage value (because the policy says im keeping the car)?

  10. Join Date
    May 2015
    Posts
    2
    #30
    Re: Car Insurance
    Ako po ay may comprehensive insurance policy sa MAA , ang akin pong kotse na mitsubishi lancer 2012 ay na aksidente nuong march 11,2015 sa kennon baguio city at ito po ay declared nilang total loss from the beginning dahil na din po sa laki ng damage at cost of estimate, kung kaya nung ito ay mga 1 month pa lng ay tinawagan nila ako at sabi ay i total loss nila sa halagang 400k. Ang sabi ko po ay bakit po ganon ito po ay nka covered ng 500k nung ni renew ko sa knila ng february at nung march ay na aksidente nga po bkit ho kako ganon sabi po ay ksi 20% depreciation daw ho, eh sbi ko po binasa ko ang policy kpag total loss ay hindi mag aapply ang depreciation dhil ito ay sa parts lng o repair at not pag total loss. Sabi po ay hanggang 450k sabi ko po ay dagdagan nila kasi feb lng nila ni renew insurance at march pa lng nagka aksidente nga. So sabi po ay sasabihin sa commitee. Ngayon po ay antay ako ng antay at mag 2 buwan na po hindi nila ako ina update kung ano na po nangyari, ang text at tawag po ay hindi nila sinasagot, pero knina po ay nag follow up ako at sumagot na sabi po for repair ang aking kotse! 2 buwan po ako halos nag antay , sabi nila ay total loss hindi lng po ako pumayag na covered nila ng 500k pero gusto nila ay 400k ang ibigay at ngayon nabigla po ako na repair po at sa kung saan na talyer lng na sabi po ay surplus ang gagamitin pra po abot sa 300k na sagot lng ng MAA. At magbabayad pa po ako ng participation at depreciation. Total loss po nauwi sa repair at wala po akong pagpayag dun. paano po ba ang aking karapatan? Malinaw po na ako ay pinapaikot ng MAA, ako po ay hindi
    Sang ayon sa repair at dahil halos ikamatay po ito ng aking asawa at kami po ay umasa sa sinabi nilang total loss ito inabot na ng ganito katagal. Kinausap ko po sila pero wla po silang masabi kundi ito daw po ay may LOA na, pwede po ba yun khit ako ay hindi pa nag a agree.
    Last edited by jenny01_mars13; May 11th, 2015 at 08:26 AM. Reason: Patulong po pls.

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total loss or possible repair?