All Articles With Category : Car Insurance

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

Car Expenses List: The Cost of Owning a Car in the Philippines

It’s a common misconception among new car owners that car expenses will slow down once they have paid the down payment. However, the fact that cars come with recurring expenses will come as a shock sooner or later. Because some car owners have not anticipated this, they may get overwhelmed by the overheads until they find it difficult to cope. When this happens, new car owners may be inclined to think that their car is just a bad investment. While having a car is likely one of your biggest expenditures, there are many ways to cut back on costs without compromising your ownership or affecting the condition of your vehicle. To help you forecast and manage your expenditures, here’s a list of expenses for cars you’ll need to cover every year. It’s particularly helpful for new car owners who are still navigating this side of vehicle ownership. Table of ContentsIt All Starts with Buying a CarWhat are the Major Expenses for Cars I Should Plan for?1. Monthly Auto Loan Amortization2. LTO Registration Fees3. Fuel4. Parking Fees5. Car Insurance Premium6. Toll Fees7. Car Repair and MaintenanceHow Should I Calculate My Annual Car Expenses?5 Ways to Save on Car Expenses1. Buy the Right Car2. Pay a Bigger Down Payment3. Go for a Fuel-Efficient Car4. Make Sure That Your Car is Properly Maintained5. Pick the Right Insurance Coverage6. Drive Less7. Drive ResponsiblyFinal Thoughts It All Starts with Buying a Car Before we factor in all the recurring costs, let’s start with a one-off expense―the down payment. For illustrative purposes, we’ll be using the…

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Your Complete Guide to Expressway Toll Fees in the Philippines

Traffic is a tangible reality every Filipino car owner experiences on the road. That’s why traffic solutions like tollways and skyways exist. Just recently, San Miguel Corporation (SMC) began collecting toll fees for the 18-kilometer Skyway Stage 3[1] that connects the South Luzon Expressway (SLEX) to the North Luzon Expressway (NLEX).  Got somewhere fun to go? Aside from renewing your auto insurance, now is a good time to review the toll fees you’ll need to pay for your next out-of-town trip. After all, it’s probably been a while since you drove outside Metro Manila. Table of ContentsTollway Vehicle ClassificationsClass 1 VehiclesClass 2 VehiclesClass 3 VehiclesExpressway Toll Fees in the Philippines 2021Skyway-SLEX-MCX Toll FeesNLEX-SCTEX Toll FeesTPLEX Toll FeesSTAR Toll FeesCAVITEX Toll FeesNAIAX Toll FeesExpressway Toll Fees FAQs1. How much are the toll fees for popular destinations?2. Can I still pay cash in SLEX or NLEX?3. Do I need to reload my RFID regularly?4. What happens if I don’t have sufficient load on my RFID wallet?Final Thoughts Tollway Vehicle Classifications Currently, seven major expressways connect Metro Manila to various provinces by bypassing cities and roads, saving drivers a lot of time on the road. The toll fees are determined by the class of vehicles. Class 1 Vehicles Vehicles with two axles and an overall height of up to 7.5 feet are classified as Class 1. You’re more likely to belong in this class unless you’re driving a large vehicle like a bus or RV. Class 2 Vehicles Class 2 vehicles are those with two axles but with a height of more than…

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Motorcycle Insurance in the Philippines: Guide to Insuring Your Bike

In 2020, the Metropolitan Manila Development Authority (MMDA) reported 229 fatal motorcycle accidents, a 3.5% increase from the number of cases in 2019.[1] About 198 riders were killed while 10,226 were injured. These figures only show that riding the motorcycle, while convenient, is also risky. Because two-wheel vehicles are prone to accidents, the need for motorcycle insurance in the Philippines couldn’t be underscored enough. Some believe that insurance policies like this are just an additional financial obligation. But they’re not! They are actually a layer of protection that will help you cover accident-related expenses, which will otherwise empty your wallet.  Here’s a simple guide that will help you understand and appreciate the importance of getting motorcycle insurance in the Philippines. Table of ContentsWhat is Motorcycle Insurance?Is Motorcycle Insurance Required in the Philippines?What Does CTPL Cover?Why Should You Get Comprehensive Motorcycle Insurance?1. Motorcycles are Easier to Steal2. Motorcycles are Vulnerable to Damage3. Motorcycle Accidents are CostlyHow Much Does Motorcycle Insurance Cost in the Philippines?Factors Affecting Motorcycle Insurance PriceBest Motorcycle Insurance Providers in the PhilippinesMalayan Insurance2. Pioneer Insurance3. New India Assurance4. SGI Philippines5. Mercantile InsuranceTips for Getting Motorcycle Insurance in the PhilippinesBuy a Much Cheaper BikeKeep Your Bike SafePay for What You NeedTake a Motorcycle Course Applying for Motorcycle Insurance in the PhilippinesMaking an Insurance ClaimSafety on WheelsFinal ThoughtsNeed Car Insurance? Find the Best Deals at Moneymax! What is Motorcycle Insurance? Motorcycle insurance works the same way other kinds of insurance do. Simply put, it’s a policy that will cover the repair or replacement of your bike in case it’s damaged or stolen….

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Acts of God Insurance Coverage: What It is and Why You Need One

The Philippines is no stranger to violent weather conditions and natural calamities. Amid the COVID-19 crisis, thousands of people have recently been evacuated from the Taal Volcano danger zone after Alert Level 3 was raised.[1] Last year’s Taal volcano eruption caused ashfall in Luzon, affecting dealership plants and manufacturing networks in the southern parts of the island. The ashfall also gravely impacted vehicles, with drivers, passengers, and those tasked to clean them exposed to health risks.  Natural disasters happen all the time. And sometimes, no matter the precaution and preparation, things can still get out of hand. Even so, it’s better to be safe than sorry.  Protect yourself from costly repairs when your vehicle is damaged in a natural disaster. If you’re getting car insurance, make sure you have acts of nature or acts of God insurance coverage. Table of ContentsWhat is Acts of God in Car Insurance?What is Covered in Acts of God Insurance in the Philippines?1. Typhoon2. Flooding3. Volcanic EruptionIs the COVID-19 Pandemic Considered an Act of God?Why Should I Get Acts of God Coverage?1. Reimbursements for Repairs2. Payment for Totally Damaged Vehicles3. Peace of MindHow Can I Get Acts of God Insurance Coverage?Tips on Getting An Act of God Insurance Coverage1. Be Honest2. Understand Your Policy3. Never Assume Anything4. Shop for Car Insurance PlansFinal ThoughtsGet a Free Car Insurance Quote! What is Acts of God in Car Insurance? Acts of God is a type of car insurance coverage that shields your vehicle from the dangers of non-human and non-mechanical damage risks caused by natural phenomena. It assumes…

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10 Best Shops for Car Customization in the Philippines

When you were a teenager, you might have drawn this incredible scenario in your head where Xzibit and his Pimp My Ride crew came knocking on your door. They excitedly told you that they would upgrade your dad’s clunker.  Such pipe dreams didn’t end there. Because you were also constantly exposed to the capers of the Fast & Furious franchise, you might have even dreamed of becoming part of Dom Toretto’s team, being their getaway driver, and maneuvering one of those modified autos. But who says driving a modified car will only remain a daydream? You can actually find a lot of car modification shops that will help you upgrade the look, feel, and function of your car. They can turn your plain-looking auto into something worthy of being at a car show. Listed below are 10 shops that offer  the best car customization in the Philippines. Table of Contents10 Best Shops for Car Customization in the Philippines1. Alex Restoration2. Autoline3. Atoy Customs4. Emperor Motorsports5. Concept One Wheels6. Starbright Bodykits7. Clifford Bodykits8. Tuned In Style9. Autobot Autoworks Off-Road10. Mad Mac Custom Paints and Body KitsFinal Thoughts 10 Best Shops for Car Customization in the Philippines If you’re looking for the best car custom shop in the Philippines, you came to the right place. Here are ten of the best options for car custom shops in the metro. 1. Alex Restoration Your grandfather’s old clunker is the reason that the new Audi is chock-full of bells and whistles, so why not show it some love and get it back into shape?…

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Driving in the Rain? 17 Car Care Tips for the Rainy Season

Roughly 20 typhoons visit the Philippines every year. How prepared are you for the typhoon season? Good thing, weather bureaus have sophisticated systems that track the formation of low pressure areas (LPAs) and movements of typhoons. The updates that you get from them should be more than enough to help you prepare for the rainy days. Taking care of your car is just as crucial as protecting lives and your home during a typhoon. After all, it is your means of mobility and even your source of livelihood. Having your car repaired or getting a new one is undoubtedly expensive. So, it’s much better to be proactive rather than reactive. Here are things you should remember to protect your car in the rain, especially during the typhoon season in the Philippines. Table of ContentsHow to Protect Your Car in the Rain: 17 Car Care Tips 1. Drive Safely2. Make Parking in Your Garage a Habit3. Pick a Safer Parking Spot4. Invest in a High-Quality Car Cover5. Avoid Flood-Prone or Flooded Roads6. Keep Electrical Parts Dry7. Get Car Insurance Coverage8. Check All Rubber Seals9. Protect Your Car’s Exterior Paint10. Get Your Car Some Mudguards11. Replace and Clean the Windshield Wipers12. Wash Your Car Before and After the Rain13. Apply Some Windshield Repellent14. Protect Your Car’s Interiors15. Inspect Your Car16. Drive Only When It’s Necessary17. Monitor Weather UpdatesWhat to Do When Your Car Gets Soaked in the RainFinal ThoughtsFind the Right Car Insurance for You Now! How to Protect Your Car in the Rain: 17 Car Care Tips 1. Drive Safely The…

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The Importance of Car Insurance: 6 Benefits for Car Owners

You might think that car insurance is just another expense. It might even seem frustrating to realize that you paid a year’s policy, but you didn’t get something in return. Ironically, that is something you should be thankful for. Not making any car insurance claims means you traveled the road safely for the past year. But being safe last year doesn’t mean you won’t face any road mishaps this year. The importance of car insurance is not very obvious for everyone, especially for new car owners and new drivers. However, vehicle insurance gives you a safety net in times of unfortunate incidents. You’ll never know how the car insurance premium you’re paying can secure you, your loved ones, and your vehicle. You may not prevent an accident from happening, but you can protect yourself if or when it happens. Keep on reading to know more about the importance of car insurance and how you can choose the right one for your needs. Table of ContentsWhat is the Purpose of Car Insurance?The Importance of Car Insurance: Why Should I Have One?1. Car Insurance is Required by Law2. It Protects You from Theft3. It Covers Damage Caused by Disasters4. You May Not Have to Pay For Upfront Expenses5. It’s Easy to File a Claim6. Having Your Car Insured Saves You MoneyHow Do I Choose the Right Car Insurance?Determine Your NeedsCompare Car Insurance and Ask AroundAssess Car Insurance Benefits and FeaturesHow Do I Cut Costs on My Car Insurance Policy?1. Check Some Multi-Car Insurance Packages2. Don’t Overuse Your Car3. Drive Responsibly4. Install Anti-Theft…

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Comprehensive Insurance Guide in the Philippines: How to Insure Your Car

Owning a car entails many responsibilities. Before you can even drive it, you need to accomplish basic requirements such as vehicle registration and car insurance coverage. While registering your car is a more straightforward task, getting a comprehensive insurance in the Philippines can get more complex. It requires you to do some research, determine the coverage your vehicle needs, and choose an insurance company that offers the best deals. But don’t let the process discourage your from insuring your car. Learn everything about comprehensive car insurance in the Philippines through this beginner-friendly guide. Table of ContentsCTPL Insurance vs. Comprehensive Car InsuranceWhat is Comprehensive Insurance for Cars in the Philippines?Why Do I Need a Comprehensive Insurance?How Much is Comprehensive Car Insurance?Where to Get a Free Car Insurance QuotationHow to Get Comprehensive Car Insurance in the PhilippinesComprehensive Auto Insurance Requirements:Things to Remember When Buying Comprehensive Insurance for Your VehicleBasic Car Insurance Terms You Need to KnowFinal Thoughts CTPL Insurance vs. Comprehensive Car Insurance Let’s start with the basics. There are two types of auto insurance: Compulsory Third Party Liability (CTPL) and Comprehensive Car Insurance (Compre). It’s important to establish right off the bat that both types are equally essential. While it’s true that you only need to buy one, it is highly recommended to get both insurance policies to better protect you and your car. Unlike comprehensive insurance, CTPL insurance is mandated in the Philippines. It is also the most basic and least expensive type of vehicle insurance in the country. What is Comprehensive Insurance for Cars in the Philippines? True to its…

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Where Should You Get Your Car Insurance: Bank, Dealer, or Broker?

Looking for comprehensive car insurance coverage for the vehicle you’re buying? Need to renew your expiring policy? You’re probably wondering where you can get decent auto insurance in the Philippines. A car insurance buying guide would really be helpful right about now. Going directly to top car insurance companies to shop around for the best policy isn’t practical. Neither is randomly picking an insurance firm. The sheer number of choices in the market is overwhelming—there are nearly 70 car insurance providers in the Philippines to choose from, based on the latest Insurance Commission data. Filipinos have three options to get car insurance: through banks, auto dealerships, and online brokerage companies that connect buyers with insurers. Unfortunately, many just settle for convenience, hastily buying comprehensive insurance offered by banks or dealers that are financing their vehicle. Little do they know that they can find better deals for so much less through online brokers that partner with top providers. Be an informed consumer. Before you sign up for a policy, find out what you’ll gain and lose from buying insurance through a bank, casa, or online broker. In this car insurance buying guide, we compare the three insurance intermediaries in terms of convenience, the variety of options, costs, and customer service. Table of ContentsCriteria #1: ConvenienceBanks and Dealers: One-Stop Shop for Buying Car InsuranceOnline Brokers: Convenient Option for Comparison ShoppingCriteria #2: Car Insurance CostsAuto Dealers: Priciest Car Insurance RatesBanks: Lower Premiums Than Dealers Yet Still ExpensiveIs the Free First-Year Car Insurance Worth It?Online Brokers: Cheapest Car Insurance RatesCriteria #3: Variety of Insurance…

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

Need to renew your car insurance? This is the best time to review your policy and make necessary changes to it, so you can save money on car insurance. Unlike when you bought your first policy, you now have a better idea of what you really need for insuring your vehicle. So take it as an opportunity to choose the most suitable car insurance policy for you. Here’s a complete guide on how to renew car insurance in the Philippines. Table of ContentsWhen Should I Renew my Car Insurance Policy?How to Renew Car Insurance in the Philippines1. Review Your Policy2. Assess Your Car Insurance Coverage3. Decide on Your Deductible4. Review Your Car Insurance Provider5. Get and Compare Car Insurance Quotes6. Choose the Best Car Insurance Policy and Provider7. Provide or Update Your Information8. Pay for Your Car Insurance Renewal9. Read the Fine PrintFinal Thoughts When Should I Renew my Car Insurance Policy? Most car insurance policies last for a year, which means yours will likely renew 12 months from when your policy started. For example, if your policy’s effectivity date is June 1, 2020, its car insurance renewal due date would fall on June 1, 2021. If you can’t remember your insurance plan’s effectivity date, look for it on the copy of your policy. You may also call your insurance provider or broker to ask when your policy is up for renewal. How to Renew Car Insurance in the Philippines Should I keep my existing policy or shop for a new one? Is it time to change my car insurance…

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Need Extra Income? 8 Ways to Make Money Using Your Car

You know the old saying, “With great cars comes great expenses”? You probably don’t, but you won’t find the lie in that statement. You’ll be spending a lot on fuel, maintenance costs, and car insurance in the Philippines. Not to mention that the older your vehicle, the lower its resale value is. Because of this, it’s best to maximize your vehicle until it’s time to say ‘goodbye’ and purchase a new one. According to a research conducted by Toronto Star[1], the average lifespan of newer vehicles is 12.88 years, which means you’ll have more than enough time to figure out how to earn money using your car in the Philippines. Fortunately, the fact that a car can conveniently get you from points A to B means you won’t run out of business ideas. Here are a few ideas you can try out. Table of ContentsHow to Earn Money Using Your Car in the Philippines1. Offer Delivery Services to Neighbors2. Become a TNVS Driver or Operator3. Organize a Carpool Group4. Start a Shuttle Service Business5. Rent Out Your Car6. Become a Driving Instructor7. Sell Advertising Space8. Sell Your VehicleFinal Thoughts How to Earn Money Using Your Car in the Philippines 1. Offer Delivery Services to Neighbors If you’re the unofficial social butterfly of your neighborhood, you can offer to be a delivery person for your neighbors. You can take their pets to the groomers, pick up and deliver packages for them, or offer to buy their essentials. Owning a car during the pandemic can be an instant source of income by offering your services to those…

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10 Tips on Buying a Used Car in the Philippines

You’ve decided to purchase a used car, and you’ve started to hunt for the right one for you. The next steps will be a lot trickier than the car buying decision. Of course, you want a vehicle in the best condition possible at the lowest price. Just because you’re buying a second-hand car doesn’t mean you’ll settle for a huge piece of junk, right? Used cars are raging in the Philippine auto industry today. Take it from all the online communities where car advertising websites and car sellers are in speaking terms. Buying a used car can help you get value for your money. However, purchasing a second-hand car is more difficult than getting a brand new one. This is why apart from getting auto insurance in the Philippines, it’s important that you be very meticulous and careful when buying a pre-owned vehicle. Here are some tips on how to buy second hand car in the Philippines. Table of ContentsHow to Buy Second Hand Car: Tips to Protect Yourself1. Research Your Options Extensively2. Compare Used Car Prices3. Check the Mileage4. Set a Reasonable Budget5. Dig Deeper into the Car’s History6. Check the Second Hand Car Thoroughly for Red Flags7. Never Skip the Test Drive8. Negotiate a Fair Price9. Check the Documents Needed When Buying a Used Car10. Don’t Forget InsuranceFinal Thoughts How to Buy Second Hand Car: Tips to Protect Yourself 1. Research Your Options Extensively Before contacting sellers, make sure you arm yourself first with enough knowledge about the used car model you want to buy and its price…

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9 Possible Reasons Your Car Insurance Claim Got Denied

Now that you have auto insurance coverage, you’re guaranteed financial protection from any car-related damage you might incur on the road. However, 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 insurance provider will evaluate your accident thoroughly before deciding to cover the expenses or not. If you got your car insurance claim denied, don’t freak out just yet. There’s probably a good reason why it was rejected in the first place. Table of Contents9 Reasons Why Car Owners Get Their Car Insurance Claim Denied1. Unpaid Premiums2. Policyholder’s Negligence3. Lack of Coverage4. Auto Insurance Policy Exclusions5. Deductible Allowance6. Unauthorized Repair7. Unlawful Activities8. Prior Damage to the Vehicle9. Direct Violation of Car Insurance PolicyWhat to Do When You Get Your Car Insurance Claim DeniedFinal ThoughtsGet a Free Car Insurance Quote! 9 Reasons Why Car Owners Get Their Car Insurance Claim Denied 1. Unpaid Premiums Your claim will obviously get denied if you still have unpaid premiums. This is why insurance providers recommend paying your car insurance in full. You’d think you’re saving money by choosing a 90-day or monthly payment plan, but that’s not the case. Accidents tend to happen sporadically. They’re so random that they can happen during the first few days of your payment plan. If that happens, you’ll end up paying for the repairs yourself, together with the remaining balance of your car insurance. 2. Policyholder’s Negligence Another obvious reason for a denied car insurance…

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Top 10 Reasons Filipinos Don’t Get Insurance

According to the Philippine Life Insurance Association, Inc., fewer Filipinos were covered by microinsurance—which is a much more affordable policy option—as September 2020 ended. Sales dropped by 33.23% from PHP 6.58 billion in 2019.[1] The decline might have been caused by the pandemic. But it also goes to show that some people, even if they’re financially able, may still be averse to the idea of getting insurance. Some don’t consider purchasing a policy, whether it’s life insurance or Compulsory Third-Party Liability car insurance cover, unless necessary. Insurance is actually beneficial for everyone, as it helps offset costs for a lot of expenses, from school fees to medical bills. Still, one can’t help question why a lot of Filipinos avoid insurance. Table of ContentsTop 10 Reasons Filipinos Avoid Insurance1. “I don’t have enough money.”2. “Bahala na!”3. “I still have a lot of time.”4. “I don’t understand it.”5. “It’s a scam.” 6. “There’s a lot of work involved!”7. “It’s not considered an investment, right?”8. “I’m still healthy.”9. “It’ll just invite more risks.” 10. “I’m already paying for government-mandated benefits.”Why You Should Not Avoid InsuranceLess Upfront ExpensesLess Stress, Less HassleConvenient Claims ProcessFinal ThoughtsGet a Free Car Insurance Quote! Top 10 Reasons Filipinos Avoid Insurance Here are the most common reasons people are still not getting an insurance policy, whether it’s for car, life, and property. 1. “I don’t have enough money.” This is the common statement that a lot of financial advisors and insurance agents hear from their potential clients. It may sound like an excuse, but it could be a real one. A…

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What is Roadside Assistance and Why Should I Get It?

When shopping around for car insurance, one of the terms you’d often encounter is roadside assistance. It’s common, but what exactly is it? And how can it help you when you’re on the road? Here are the essential facts you need to know when deciding if you should get roadside assistance in the Philippines. Table of ContentsWhat is Roadside Assistance in Car Insurance?What Does Emergency Roadside Service Cover?Roadside Assistance Benefits and ServicesShould I Get Roadside Assistance Coverage?1. Less Hassle While Driving2. The Danger of an Overheating Engine3. Avoid Expensive Repair Bills4. Peace of MindWhat to Consider When Getting This Kind of Coverage1. Your Vehicle’s Age2. How Often You Drive3. Where You DriveHow to Get Roadside Assistance Coverage in the PhilippinesWhich Car Insurance Companies Provide Free Roadside Assistance?Get a Free Car Insurance Quote!Final Thoughts What is Roadside Assistance in Car Insurance? Roadside assistance is a car insurance add-on that provides professional services to policyholders when their vehicle breaks down or figures in an accident. If your insurance policy has this coverage, you just have to call your provider’s assistance hotline to get help during a roadside emergency. Depending on your needs, the car insurance company may send a tow truck to move your car to a repair shop or a technician to perform a minor repair like changing a flat tire or jumpstarting your battery. What Does Emergency Roadside Service Cover? The services that make up road assistance programs vary from one car insurance provider to another. But there are commonly available services for covered vehicles. Roadside Assistance Benefits and Services Vehicle Assistance…

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Brand New or Second Hand Car: Which is the Right Vehicle for You?

Prices of brand new cars in the Philippines have gone up, following the higher excise taxes imposed by the TRAIN or tax reform law. And with a global pandemic affecting everyone’s financial capabilities, it’s now easier to choose between a brand new or second hand car. Because of this, second hand car dealers are expecting more Filipinos to turn to the used car market, at least for the next three to four years. It makes sense—with a limited budget, your choices could as well be limited to the affordable options. Used cars are obviously the cheaper alternative, but is it really wise to buy a second hand car than a brand new one? Or is it the other way around? The right choice varies from one car buyer to another. Table of ContentsBrand New or Second Hand Car: Comparing the CostsToyota WigoToyota ViosHonda CityMitsubishi XpanderFord Ranger5 Reasons to Buy a Second Hand Car1. You Can’t Afford Your Desired Model2. You Prefer to Pay in Lump-Sum Cash3. You Want to Buy a Phased-Out Model4. You Want Lower Car Insurance Costs5. You Plan to Resell the Car in the Future5 Reasons to Buy a Brand New Car1. You’ll Purchase via a Car Loan2. You Need a Car ASAP3. You Don’t Want to be Bothered with Frequent Repairs and Maintenance4. You Want to Save Money on Gas5. You Have No Plans of Reselling the CarFinal ThoughtsCompare Car Insurance Quotes with Moneymax! Brand New or Second Hand Car: Comparing the Costs Before we split hairs between new and used cars, let’s find out what they’re…

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Taking the Driver’s License Exam? Learn How to Pass the LTO Tests

All applicants for driver’s license in the Philippines are required to take the driving exams at the Land Transportation Office (LTO). This critical step to becoming a licensed driver ensures that only those who drive safely and responsibly are on the road. The driver’s license examination consists of a written test and a practical driving test. You need to pass both exams to get a driving license. Keep reading to know what to expect before, during, and after you take the LTO exam. Table of ContentsLTO Written Exam GuideWhat Happens During the LTO Written Exam?What is the Passing Score in LTO Written Exam?How to Pass the LTO Written ExamLTO Practical Driving Exam GuideWhat Happens During the Practical Driving Test?What is the Practical Exam Scoring System?What is the Passing Score in LTO Driving Exam?How to Pass the LTO Practical ExamWhat to Do During the LTO ExamChoose Your Preferred LanguageListen Carefully to the GuidelinesBe Calm While on the RoadRead the Questions and Situations CarefullyAvoid Conditions That Will Cause You to Automatically FailLTO Exam FAQs1. What happens if you fail an LTO exam?2. Are student permit applicants required to take the written exam?3. Am I required to take the exam if I convert my foreign driver’s license into a Philippine license?Final ThoughtsNeed Car Insurance? Find the Best Deals at Moneymax! LTO Written Exam Guide What Happens During the LTO Written Exam? During your driver’s license application, taking the written exam is the next step after having your photo taken, creating a digital signature, and paying the applicable fees. The LTO has made an LTO…

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6 Traffic Laws to Remember When Driving in the Philippines

Traffic laws in the Philippines are meant to ensure not just an orderly flow of traffic and discipline among motorists but also the public’s safety on the road. We have laws that require wearing motorcycle helmets and seatbelts and ban people from driving when drunk and while using their phones. The question is, do you know them? You should at least know what laws are responsible for keeping the peace and order on the road. Check out this refresher if you think you need to review some of the driving laws in the Philippines. Table of ContentsTraffic Laws in the Philippines You Need to RememberLand Transportation and Traffic CodeAnti-Distracted Driving Act of 2016Anti-Drunk and Drugged Driving Act of 2013Seat Belts Use Act of 1999Children’s Safety on Motorcycles Act of 2015Motorcycle Helmet Act of 2009Final ThoughtsGet a free car insurance quote from Moneymax! Traffic Laws in the Philippines You Need to Remember Land Transportation and Traffic Code What is RA 4136? It is arguably the most important driving law ever enacted. Republic Act 4136, also known as the Land Transportation and Traffic Code[1] laid the groundwork for all the traffic regulations we have today. Plus, it also created the Land Transportation Commission in the Philippines, currently known as the Land Transportation Office. RA 4136 required all motor vehicles to be registered in a national registry. It also set the registration requirements and fees for every car owner. Aside from that, this law also required drivers to apply for a professional and non-professional license. RA 4136 also set the penalty fees for…

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Where Can I Buy Second Hand Cars Online?

Online shopping has redefined the second hand car purchase process. Gone are the days when shopping for used cars meant spending a whole day hopping from one dealership to another and haggling a lower price. Nowadays, you can easily search where to buy second hand cars online. Visit a buy-and-sell car website, type your desired make and model, and hit enter. Within seconds, you’ll get an extensive list of second hand cars for sale. All you have to do is find the best deal for you and contact the seller to set up or negotiate the purchase. The best part of using buy-and-sell car websites? It doesn’t cost anything. You don’t even need to haggle—you can easily find cheap used car deals online. Visit these websites where you can buy used cars online in the Philippines. Table of ContentsWhere to Buy Second Hand Cars Online in the Philippines1. Carmudi2. Tsikot3. AutoDeal4. Philkotse5. PhilMotors6. Zigwheels PhilippinesFinal ThoughtsGet a Free Car Insurance Quote from Moneymax Where to Buy Second Hand Cars Online in the Philippines 1. Carmudi Carmudi[1] is one of the top places to know where to buy second hand cars in the Philippines. The website provides a host of useful services to enhance the buying experience for used cars online. The most noteworthy is its multi-point inspection service that eliminates the uncertainty about a used car’s real condition. Some of the used cars undergo full inspection—from the interior to under-chassis—before they’re put up for sale online. Buyers can download an in-depth vehicle inspection report for free, which shows the components…

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Ranking the Most Fuel Efficient Cars in the Philippines for 2021

Looking to buy a car? Don’t just look at the price, the model, the color, and the size. Is the car you’re eyeing among the fuel efficient cars in the Philippines? With the rising fuel prices, fuel economy has become the most important factor in choosing a vehicle these days. The less fuel a car consumes and the farther distance it covers per liter, the better it is for your wallet. Buying a fuel efficient car means less frequent trips to the gas station and more savings on fuel expenses. Here are the best-performing vehicles in terms of fuel economy. Table of ContentsTop 18 Fuel Efficient Cars in the Philippines1. BMW X1 xDrive2. Ssangyong Rodius3. Mini Countryman4. Kia Picanto5. Suzuki Celerio6. Honda CR-V7. Suzuki Dzire8. Hyundai Accent9. Ford Everest 4×210. Toyota Prius11. Toyota Vios12. Peugeot 300813. Toyota Wigo14. Suzuki Alto 80015. Honda City16. Toyota Innova E17. Suzuki Swift18. Mitsubishi Xpander GLX MTFinal ThoughtsGet a Free Car Insurance Quote! Top 18 Fuel Efficient Cars in the Philippines 1. BMW X1 xDrive Fuel Economy Rating: 34.8 km/L Vehicle type: SUV Fuel type: Diesel Transmission: Automatic Vehicle price: PHP 3.89 million A recent eco run[1] proved just how fuel efficient the BMX X1 xDrive can be by clocking in at 34.8 km/L. This luxury vehicle is built for fuel efficiency with its BMW Efficient Dynamics Technology, TwinPower Turbo engines, and lightweight, aerodynamic design, making it one of the most fuel-efficient SUVs in the Philippines. Read more: How To Insure Your Souped-up Car The 5 Fastest Cars You Won’t Own (Yet) 2. Ssangyong Rodius…

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