What Are You Thinking About?

[_Qwerty_]

or talk to your insurance and ask them kung pwede waived ang participation and singilin na lang nila yung 2nd party..

but yes.. never get into an agreement just for the participation.. mamaya ma deny pa claim mo sa insurance mo.. lalo na kung may quit claim ka na pinirmahan..

yung ginagawa kasi nung iba, si 1st party nabangga tapos sisingilin nya si 2nd party na sya na sumagot ng participation fee at ipapasok na lang sa insurance ni 1st party. babayaran ng insurance yung repair ng car pero hahabulin din nya si 2nd party para panagutin. ang nangyari eh nagkaruon na ng agreement si 1st & 2nd party kaya wala na tuloy mahahabol si insurance sa 2nd party.

ang participation fee naman talaga eh dapat sagot ng 1st party, kaya wag dapat makipag negotiate sa 2nd party at bahala na si insurance duon.

[shadow]

Parang hinde feel independence day kahapon.

Siguro dahil with the way the people voted eh alam nilang wala ng kwenta yun independence day. [emoji16]


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[Deestone]

or talk to your insurance and ask them kung pwede waived ang participation and singilin na lang nila yung 2nd party..

but yes.. never get into an agreement just for the participation.. mamaya ma deny pa claim mo sa insurance mo.. lalo na kung may quit claim ka na pinirmahan..

The last time I had an accident we went to the nearest police station together with the bus driver to give our statement and get a police report for insurance claim. The police officer later on told the bus driver to pay me up Php2,000 or 3,000 (I forgot the exact amount) for the participation fee which I have to pay to the insurance since the bus driver is at fault.

[Stigg ma]

The last time I had an accident we went to the nearest police station together with the bus driver to give our statement and get a police report for insurance claim. The police officer later on told the bus driver to pay me up Php2,000 or 3,000 (I forgot the exact amount) for the participation fee which I have to pay to the insurance since the bus driver is at fault.

paano ba yan "participation fee"? dapat ba yung naka banga sa iyo o yung "at fault" ang mag bayad? kase kung ganun lang eh bangain na lang lahat ng bago sasakyan at bayaran lang naman pala ng "participation fee" ang katapat para ma abswelto dahil majority naman ng sasakyan sa pinas ay utang at panigurado may comprehensive insurance yan... malas na lang kung full payment cash binili yung sasakayan tapos wala insurance...

[dr. d]

the participation fee was resorted to, by the insurance providers, to discourage potential so-called low-quality claims, i.e., "yung kaunting galos lang na puede namang i-simonize", atbp.
where the money is coming from, i do not think the insurance provider cares.

[_Qwerty_]

it will only matter if you sign a quit claim don sa other party... kasi hindi masisingil nung insurance yun..

the participation fee was resorted to, by the insurance providers, to discourage potential so-called low-quality claims, i.e., "yung kaunting galos lang na puede namang i-simonize", atbp.
where the money is coming from, i do not think the insurance provider cares.

[ninjababez]

ill share the full agreement later, will mask names nalang
dahil ayaw pagulang nun nabangga kaya may agreement

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[dr. d]

it will only matter if you sign a quit claim don sa other party... kasi hindi masisingil nung insurance yun..

i think, this is one thing many car owners do not know..
that the insurance providers talk to each other regarding claims and stuff.
and going into a written agreement with the other party without the insurance provider's approval, can tie their hands.

[Deestone]

paano ba yan "participation fee"? dapat ba yung naka banga sa iyo o yung "at fault" ang mag bayad? kase kung ganun lang eh bangain na lang lahat ng bago sasakyan at bayaran lang naman pala ng "participation fee" ang katapat para ma abswelto dahil majority naman ng sasakyan sa pinas ay utang at panigurado may comprehensive insurance yan... malas na lang kung full payment cash binili yung sasakayan tapos wala insurance...

Yes the participation fee was supposed to be paid by me but the officer insist that the driver must pay me the participation fee. But paying the paritcipation fee doesn't mean that the bus driver will be free of any accountability right? and we did not sign any waiver or agreement.

[dr. d]

Yes the participation fee was supposed to be paid by me but the officer insist that the driver must pay me the participation fee. But paying the paritcipation fee doesn't mean that the bus driver will be free of any accountability right? and we did not sign any waiver or agreement.

that the "guilty" party pays for the participation fee of the victim, is but fair.
it is only common sense, and should not to be interpreted as a quit claim.