All Articles With Category : Car Insurance

The latest and the best financial news, tips and tricks.

How Much Does Honda Car Insurance Cost in the Philippines?

Wondering how much it will cost you to insure a Honda car? You’ll be glad to know that Honda car insurance prices in the Philippines are budget-friendly, especially the entry-level hatchback and sedan models. Insuring a Honda model starts at only around PHP 10,000 per year. Here are the cheapest Honda car insurance prices for […]

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Affidavit for Car Insurance Claim: Why You Need It and How to Get One

When you ask your car insurance provider about the requirements for a claim, one of the items on the list is a notarized affidavit. Now you wonder: Why do I have to provide an affidavit for car insurance claim? Aren’t the photos I took of the accident and my damaged car enough to prove what […]

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20 Cheapest Cars to Insure in the Philippines

Affordability is a crucial factor that influences a car purchase decision. When buying a vehicle, one of the first things you’d like to know is how much it will cost to own a particular model. But the cost of car ownership involves not just the unit’s selling price. There are other equally important costs that […]

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The Most Expensive Cars to Insure in the Philippines

Not all cars are the same. Some cars cost more to insure than others. With all the BMWs and Mercedes zipping around BGC or Makati, you might be wondering: which are the most expensive cars to insure in the Philippines? Planning to buy a luxury car or even dream of owning one like those of […]

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Switching Car Insurance Companies: A Step-by-Step Guide

Been sticking with a certain car insurance company you signed up with at the dealership? While there may be good reasons to keep renewing with the same insurer, know that you don’t have to stay with your current provider if you think you deserve better. Yes, you can change car insurance companies—it’s your right as […]

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11 Car Care Tips to Protect Your Vehicle During Typhoon Season

Roughly 20 typhoons visit the Philippines every year. How prepared are you for the typhoon season? Since we can’t predict how massive these typhoons will be until they start to happen, the only thing we can do to minimize their risks is to prepare for them. Taking care of your car is just as crucial […]

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Getting Comprehensive Car Insurance? Prepare These Requirements

For any vehicle owner in the Philippines, car insurance is a necessity. In fact, a Compulsory Third Party Liability policy is mandated by local law. This means that if you are to register a car with the Land Transportation Office, that car needs to be insured to be valid for operation. However, a CTPL policy […]

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Top Causes of Road Accidents in the Philippines

Statistics on road accidents in the Philippines all paint the sorry state of traffic safety in the country. In Metro Manila alone, road crashes have been on a rising trend for over 10 years since 2005. Figures almost doubled from 63,072 incidents in 2007 to 116,906 in 2018. Human error is responsible for the majority […]

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How Much Does Mitsubishi Car Insurance Cost in the Philippines?

Got a Mitsubishi vehicle that you need to insure? If you’re wondering how much a Mitsubishi car insurance policy costs, the best way to start is to search and compare quotes for your particular model. But first, let’s set your expectations right. Car insurance cost in the Philippines—regardless of vehicle make and model—isn’t a fixed […]

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6 Safety Tips When Driving This Rainy Season

Did you know that August, September, and October are among the most dangerous months to drive along Metro Manila roads? These rainy months recorded more than 10,000 car accidents in 2018, according to an MMDA report. This data is hardly surprising, as driving conditions during the monsoon season are difficult because of wet roads and low […]

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Got Into a Car Accident? Here’s What You Should Do

Even if you do everything to avoid a car accident and drive carefully, there’s no telling if and when you’ll figure in a road crash. Vehicular collision statistics prove how dangerous Philippine roads can be, especially in Metro Manila where many accident prone roads are located. In 2018, Metro Manila recorded 116,906 accidents that led […]

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Killer Highways: 10 Most Accident Prone Roads in the Philippines

These days, you might be hard-pressed to think about the danger of driving in the Philippines, mostly because the traffic in Metro Manila has gotten to the point where main roads are congested even in the wee hours. Still, certain roads out there require extra care when navigating through them. Some of these roads are notorious for having […]

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8 Possible Reasons Your Car Insurance Claim Got Denied

Now that you have a car insurance, you’re guaranteed financial protection from any car-related damages you might incur on the road. However, a car insurance doesn’t give you the license to act recklessly out there. You can’t just apply for a claim after a car accident and expect to receive money in an instant. Your […]

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LTO Student Permit Application Guide for First-Time Drivers

Driving a car for the first time? You need to be licensed to drive legally in the Philippines. But before you can qualify for a driver’s license, you have to apply first for a student permit at the Land Transportation Office (LTO). Here’s a guide to help you with your student permit application. What is […]

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CTPL Insurance in the Philippines: Understanding the Basics

Owning a car entails a lot of financial responsibilities. Aside from the car itself, you’ll be paying for things like registration, maintenance, and insurance. Many Filipinos choose to forgo the latter, thinking that being careful is enough. Newsflash! It’s not, mainly because before you can even drive your car, you need to buy a particular […]

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Car Maintenance Checklist to Curb the Summer Heat

Summer’s here and you’re probably feeling the heat not only at home but also inside your car. With temperatures rising up to 42°C, driving your vehicle can be quite a challenge, especially during daytime. However, it’s not only you that’s suffering. Your vehicle experiences temperature changes as well, which may cause breakdowns and damages. Most […]

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10 Underrated Summer Destinations You Can Travel by Car

Listen up, weekend warriors: If you’re planning something different for your road trips this year (and avoid the crowded touristy places), you have a lot of wonderful summer destinations near Manila to choose from. Considerations include your budget, interests, and how far you’re willing to go. Here are some awesome summer destinations in the Philippines you […]

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Step-by-Step Guide to Car Insurance Renewal in the Philippines

Is your car insurance policy due for renewal? Here is a quick step-by-step guide: Review Your Policy Assess Your Car Insurance Coverage Decide on Your Deductible Review Your Car Insurance Provider Get and Compare Car Insurance Quotes Choose the Best Car Insurance Policy and Provider Provide or Update Your Information Pay for Your Car Insurance […]

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Top 15 Fuel Efficient Cars in the Philippines

Looking to buy a car? Don’t just look at the selling prices. With the rising fuel prices, fuel economy has become all the more important factor in choosing a vehicle nowadays. The less fuel a car consumes and the farther distance it covers per liter, the better it is for a car owner’s wallet. It […]

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#AskJames: More Car Insurance Questions Answered

Three weeks ago, automotive journalist and TV host James Deakin joined Moneymax on a Facebook Live session to answer burning car insurance questions from their viewers. While they were able to answer most of the concerns, one hour simply isn’t enough to get through all the questions. And because we don’t like leaving questions unanswered, […]

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