Types Of Car Insurance Philippines
                     Types Of Car 
Insurance Philippines
Types Of Car Insurance Philippines
• If you are a new car owner or intending to shop for car insurance, 
it is important you know beforehand, the types of car insurance 
there are out there. This insurance coverage covers different 
liabilities at times. Ensure you choose keenly the one that 
completely covers your needs and worries. The various types of 
insurance coverage exist to protect you, your passengers, your 
vehicle, and third parties. Below are some of the types of car 
insurance Philippines.
Types Of Car Insurance Philippines
• The first type of car insurance Philippines is liability insurance. 
This type of insurance covers damages and injuries you have 
caused to a third party. There are two types of liability. That is 
bodily injury and property damage liability. Bodily injury liability 
coverage covers injuries you caused to third parties including 
your passengers. Medical expenses are also covered. Property 
damage liability coverage on the other hand covers damage to 
third parties’ properties during the accident. 
Types Of Car Insurance Philippines
• The second type of car insurance Philippines is comprehensive 
insurance. This type of insurance covers things like theft, fire, 
vandalism, explosions, glass breakage among others. Unlike 
CTPL, comprehensive insurance is optional. Mostly taken to 
cover issues not covered by the other insurance plans. This 
coverage has a deductible. Although optional, financial 
institutions may require you to take comprehensive coverage if 
you have a lease or loan on your vehicle.
Types Of Car Insurance Philippines
• Lastly, another type of car insurance Philippines is collision 
coverage. This coverage pays for fixing the car when involved in 
an accident. It even covers damages from potholes. In case you 
were not at fault for the accident, the other driver will have to 
compensate you for the damages via property damage liability 
coverage. Collision coverage only covers the insured car and not 
the other driver's car. Instead of worrying about where you are 
going to get money to repair your car in case of an accident, 
simply purchase collision coverage.
Types Of Car Insurance Philippines
• For more information on the types of car insurance Philippines, 
visit our website at https://ichoose.ph/start/car