All Articles With Category : Car Insurance

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

TPL Insurance in the Philippines: A Quick Guide for Filipino Motorists

This article was published on May 27, 2019 and was updated on March 23, 2020. 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, […]

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The Benefits of Going Paperless with Moneymax

We’ve gone paperless!  We know that a lot of people still prefer the traditional way of doing business, which is to receive and sign documents on print. However, we believe that going paperless is beneficial not only for you, our dear client, but for the environment as well. What does this mean? This means that […]

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Car Sanitation Tips to Help Prevent Coronavirus Spread

Is your car free from the novel coronavirus? Much of what we hear about coronavirus prevention has to do with good personal hygiene, such as frequent and proper handwashing. But there’s hardly any info on how to disinfect car interior and keep it virus-free. During the outbreak, protect yourself and your passengers through good car […]

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How Much Does it Cost to Insure Your Mitsubishi Vehicle 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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How Much Does it Cost to Insure Your Toyota Vehicle in the Philippines?

Toyota car insurance costs, as with those of other Japanese cars like Honda and Nissan, come cheap in the Philippines. What drives car insurance prices down for Toyota models is their high safety ratings. They’re equipped with topnotch safety features, which is a factor that affects car insurance costs. Also, Toyota car parts are easy […]

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Participation Fee in Car Insurance: What Is It and Why Is It Needed?

This article was published on October 22, 2018 and was updated on February 24, 2020. There are typical questions one may ask about their coverage or specifics on the policy they’ve acquired. Among these questions involve the participation fee in car insurance. “How much is my participation fee?” “Why do I have to pay a […]

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9 Car Insurance Payment Options in the Philippines

To avoid any hassle when making your car insurance claim, you have to keep your policy active. So that your policy remains active, you need to make timely car insurance payments. Nowadays, car insurance companies in the Philippines make it easy and convenient for their clients to pay for their premiums on time, with various […]

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How Much Does Car Insurance Cost in the Philippines?

This article was published on April 8, 2019 and was updated on February 10, 2020. Buying car insurance is a lot like buying a fire extinguisher: you pray that you’ll never need it, but you feel better knowing it’s there anyway. However, many car owners are concerned about car insurance cost and whether they can […]

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List of LTO Fees for Car Registration, Driver’s License, and Violations

This article was published on February 27, 2019 and was updated on February 3, 2020. Each transaction with the Land Transportation Office (LTO) comes with a fee—whether it’s for vehicle registration, driver’s license application or renewal, or settling a traffic rule violation. LTO fees are an inescapable reality every car owner in the Philippines must […]

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Number Coding Guide for Filipino Motorists in 2020

What could be worse than being stuck in EDSA traffic while rushing to work? It’s when you get busted for number coding violation. You may blame your misfortune on the confusing rules or you may argue that you don’t know you’re not supposed to drive today due to coding. While those may be true, ignorance […]

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Complete Guide to LTO Car Registration and Renewal

This article was published on February 18, 2019 and was updated on January 20, 2020. So you got a new vehicle, a sedan or maybe a top of the line SUV… Congratulations! Before testing out your ride, you need to make your ownership formal with the government. Car registration and renewal are essential in the Philippines […]

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The Importance of Having Acts of God Insurance Coverage

This article was published on June 15, 2018 and was updated on January 13, 2020. Do you know that the Philippines is ranked as the third most disaster-prone country in the world (1)? We experience almost all forms of disasters such as typhoons, earthquakes, and volcanic eruptions. We never know when calamity will strike so […]

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9 Tips to Protect Yourself When Buying a Used Car

This article was published on April 8, 2018 and was updated on December 16, 2019. 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 […]

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10 Driving Tips to Make Late Night Driving Safer

Shout out to all the night owls out there who prefer a night drive over the stress of dealing with daytime traffic. Indeed, driving at night has its benefits, whether it’s a long drive to the province or just a regular late night road trip. But obviously, it also requires extra effort and precaution to […]

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Holiday Gift Guide 2019: Cool Car Gifts for Car Lovers

Christmas is not only for the children—it’s literally for everyone else, too. That means giving gifts to everyone close to you, not just your kid relatives. Shopping for others is easy enough, but what if they have specific interests like vehicles and driving? Luckily, car gifts aren’t that hard to find. Last week, we took […]

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Brand New or Second Hand Car: Which is the Right Option for Me?

This article was originally published on April 2, 2018 and was updated on December 2, 2019. Prices of brand new cars in the Philippines have gone up in 2019, following the higher excise taxes imposed by the TRAIN or tax reform law. It’s now harder to afford a new car than a few years back. […]

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7 Types of Car Insurance Claims You Can File in the Philippines

This article was published on October 8, 2018 and was updated on November 25, 2019. Got into an accident or an emergency involving your car? In such circumstances, it’s either you pay for vehicle repair and medical expenses out of your pocket or make a car insurance claim. Both have their pros and cons depending on […]

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8 Car Insurance Add-ons You Need to Consider

This article was published on May 9, 2018 and was updated on November 18, 2019. Getting a comprehensive car insurance policy is a smarter decision than just settling for the government-mandated Compulsory Third Party Liability (CTPL) insurance. Comprehensive insurance provides better protection against the financial impact of car damage and theft, personal accident, and property […]

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7 Smart Reasons to Get Car Insurance Online

This article was published on May 25, 2016 and was updated on November 11, 2019. Did you know that you can purchase car insurance online? Yes, paperless transactions do happen in the insurance industry, and you can take advantage of the benefits of going online. Once you’ve purchased car insurance over the internet, you might […]

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Car Rental Companies: Finding the Best Car for Rent Deal

This article was originally published on February 19, 2018 and was updated on November 4, 2019. Looking for the cheapest car rental service in the Philippines? Here’s the thing about saving money when renting a car: the price isn’t the only thing to consider when choosing the best rent-a-car company. Cheaper doesn’t necessarily mean better. […]

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