
Originally Posted by
busy road
Guys, is there anyone of you renewed your car registration requiring insurance in addition with the comprehensive one? My wife just renewed our registration and was asked to get an additional insurance. This insurance cost PhP 900.00 only. It covers minor accident like small dent, scratches, and the kind.
My comprehensive insurance is under LIBERTY Insurance Co. Any damages will cost me PhP 3T as my participation. I once met an accident with my Innova and the damages cost PhP 48T. The insurance paid PhP 45T & I paid PhP 3T.
My second new insurance (don’t know the name of the company yet) will cover the cost of repairs up to a certain amount, say PhP 5T (not yet sure).
In my understanding, if the same accident took place, can I charge both the insurance companies which will benefit me not paying any participation fee?
SA MGA INSURANCE EXPERT, ANY COMMENTS PLEASE?