Need Help! Regarding Insurance Policy

**Flagg** · October 27th, 2007 05:17 PM

Originally Posted by theovercomer

Thanks sir sa mga inputs...

talagang subtle un mga insurance dito sa atin. We just clarify this matter to the insurance co. Ang masasabi ko lang, "madaya" sila, ang sabi sa akin. "wala raw ganon agency na magbibigay nang buo kapag "theft" or carnap ang kaso. kahit 640k ang nakalagay sa policy, di raw buong 640k ang makukuha... e ang habol ko naman is "replacement" not cash settlement. .....

Niloloko ka nyan bossing. Kung may bawas ay dapat yung participation lang. Wala pa 1 year kaya dapat full amount. Yung hindi full amount applies only to damage to the vehicle, eh in your case, nawala yung buong vehicle e.

Wag you matakot awayin sila. Right mo yan. Dapat full amount less participation yan.

**monsrick** · October 27th, 2007 09:10 PM

Originally Posted by niky

Depends on your contract.

Some contracts mandate a percentage participation rate or default to a percentage rate once the car is past a certain age.

Others mandate a "fixed" rate. On one vehicle we have, this is 3.8 thousand (doubles on second claim within the year), on the other, it's fixed at 11 thousand.

This is to keep you from claiming all kinds of minor niggling dents and dings under insurance, which would drive their costs up, but let me tell you, if you've got a total wreck on your hand, you'll be glad for fixed rate insurance... ;)

Thanks for the info po

Yes dapat po talaga full amount or replacement as stated sa policy. Thats their job kaya pinapainsured sa kanila,what gusto nila laging walang claims.Suwerte naman nila!