Uploaded on Dec 8, 2021
Is Comprehensive Car Insurance Philippines Worth It
Is Comprehensive Car Insurance Philippines Worth It
IS COMPREHENSIVE CAR
INSURANCE PHILIPPINES
WORTH IT?
Is Comprehensive Car Insurance Philippines
Worth It?
◦If you are looking to insure your car in the Philippines, it is good to opt for
comprehensive car insurance Philippines. Many vehicles owners go to a third
party cover in order to save some money, but a comprehensive cover has a lot
of benefits even though it will cost you a lot more.
◦So, what exactly is comprehensive coverage? This insurance policy is wider
coverage plan that covers damages to your own vehicle as well as third-party
liability. It might be expensive as compared to third party insurance cover.
Is Comprehensive Car Insurance Philippines
Worth It?
◦In the Philippines, comprehensive car insurance typically covers you for loss
or damage from fire, theft, vandalism, accidental loss, natural disasters,
damage caused by animals or falling objects (such as a tree or hail).
◦When you buy comprehensive car insurance Philippines, you will set a fix
deductible amount, which you will pay out of pocket for a covered claim. For
instance, if you decide to pay a deductible of $500, and your car is later
damaged by a flood. If the claim costs you an amount of $1,500 to repair your
car, you would have to pay only $500 deductible, and rest of the amount (i.e.
$1,000) will be paid by your insurance company.
Is Comprehensive Car Insurance Philippines
Worth It?
◦One of the good things about comprehensive car insurance cover is that it
assures you to protect your car from third party liabilities as well as damage to
own vehicle that may arise as you drive. This cover is always assumed to be
more expensive than the third-party insurance. But is it so? In real sense, it is
not. This type of cover grants your vehicle protection against a wide number of
risks, hence it is worth the extra money.
Is Comprehensive Car Insurance Philippines
Worth It?
◦For more information on comprehensive car insurance Philippines, visit our
website at https://ichoose.ph/
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