10 Driving Tips to Make Late Night Driving Safer
- By Ricky Publico
- December 9, 2019
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 safely reach your destination. Here’s a refresher on how to drive safely at night. Table of ContentsHow to Have a Safe Night Drive1. Check Your Lights Before Going2. Give Your Windshield a Good Clean3. Do a Quick Car Maintenance Check4. Prepare a Roadside Emergency Kit5. Don’t Drive When It’s Raining Hard6. Always Keep Your Distance7. Keep Distractions to a Minimum8. Do Your Best to Stay Awake9. Watch Out For Pedestrians10. Keep Your Eyes in Good HealthFinal Thoughts How to Have a Safe Night Drive 1. Check Your Lights Before Going Basically, your headlights will serve as your eyes on the road, so make sure they are all in good working condition before you venture to your night drive. If you need a replacement, do it immediately and spare no expense on high-grade night headlights. Don’t forget to check your brake lights and turn signals too as a way of helping out the drivers behind you. 2. Give Your Windshield a Good Clean Your windshield may appear clean during the day, but street lights during the night may reveal streaks and cause glare that will obstruct your view while driving. Make sure your windshield is spotless, both inside and outside. Remove any dirt and debris to…
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Holiday Gift Guide 2019: Cool Car Gifts for Car Lovers
- By Ricky Publico
- December 5, 2019
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 care of the best gift ideas for your tech-savvy family and friends. This week, we’re going to find the best Christmas gifts for car lovers. From car accessories to fashion choices that suit their road lifestyle, here are some great car gifts you should check out. Table of ContentsCar Gifts Within PHP 1,000Sparco Neck PillowSpigen A201 Magnetic Car MountNeo-Tridagger ZMC Carbon SpecialCar Gifts Under PHP 2,000Goodyear Car Vacuum Cleaner GDY2110Ray-Ban Privé RevauxTurtle Wax Jet Black Black Box Finish KitCar Gifts Under PHP 5,000Mango Volume Sole Suede MoccasinsCoido Tire Inflator with LightBlade Rearview Mirror with Full HD DashcamFinal Thoughts Car Gifts Within PHP 1,000 Sparco Neck Pillow Price: PHP 699.75 Best Christmas gift for: Car owners who drive for long hours Driving in the Philippines is stressful. What better way to make it bearable than providing comfort to the car owners in your life? This Sparco neck pillow will definitely take the edge off dealing with traffic, thanks to its universal easy installation and its high-density foam. They’re probably in the market for comfortable car accessories anyway, so make it happen. Available at: Ace Hardware Spigen A201 Magnetic Car Mount Price: PHP 1,100 Best Christmas gift for: Grab drivers, commercial car owners Know anyone who drives…
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Brand New or Second Hand Car: Which is the Right Option for Me?
- By Venus Zoleta
- 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. Because of this, second-hand car dealers are expecting more Pinoys 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 to new cars. Is a second-hand car really a wiser purchase than a brand-new one? Or is it the other way around? The right choice varies from one car buyer to another. Table of Contents5 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 Thoughts 5 Reasons to Buy a Second-Hand Car Checking out second-hand cars for sale in the Philippines? A used or pre-owned vehicle is a better option for these situations. 1. You Can’t Afford Your Desired Model If you have a specific vehicle year, make, and model in mind but its brand-new version doesn’t fit your…
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7 Types of Car Insurance Claims You Can File in the Philippines
- By Moneymax
- November 25, 2019
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 the situation. For example, if the accident involves only you and your car, and your total repair and/or medical expenses are lower than your deductibles, the more practical choice is to forego making a claim and pay for them on your own instead. However, filing a car insurance claim makes more sense if the accident caused damage to another car and/or injured or killed another person. In such a case, you can request your car insurance provider to pay for or reimburse the expenses according to the terms of your policy. When making a claim, the insurer will ask you to specify your claim type before proceeding with the car insurance claims processing. So before you contact your insurance provider or broker, familiarize yourself first with the different types of claims in the Philippines. Read more: What You Need to Know About Car Insurance Participation Fee Table of ContentsDifferent Types of Car Insurance Claims1. Acts of Nature Claim2. Own Damage Claim3. CTPL Claim4. Excess Bodily Injury Claim5. Third-Party Property Damage Claim6. RSMD Claim7. Towing Reimbursement ClaimFinal Thoughts Different Types of Car Insurance Claims 1. Acts of Nature Claim What is an Acts of Nature or Acts of God Claim? If your car insurance policy has…
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8 Car Insurance Add-ons You Need to Consider
- By Moneymax
- 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 damage, among others. But don’t be misled into thinking that “comprehensive” means “complete” in car insurance. Some benefits you need as a motorist may not be included in the standard package and are instead offered as optional car insurance add-ons or riders. Here are eight car insurance add-ons or riders to consider when purchasing a car insurance policy in the Philippines. Table of Contents1. Roadside AssistanceRoadside assistance may include the following benefits:2. Acts of Nature or Acts of GodActs of Nature may cover these natural events:3. Personal Effects Coverage4. Loss of Use5. Riots, Strikes, and Civil Commotion Coverage6. Lost Wage Recovery7. Pet Injury Coverage8. Legal AssistanceFinal ThoughtsGet a Free Car Insurance Quote! 1. Roadside Assistance Roadside assistance from an insurance provider is extremely helpful when your car breaks down due to electrical or mechanical issues, flooding, or a road accident. During a roadside emergency, just ring your insurance company and let them know what happened, and help will be on the way. When choosing an insurance policy, make sure your car insurance add-ons include a 24/7 roadside assistance coverage. This will save you from the headache of dealing with your stalled vehicle alone on the road. Roadside assistance may include the following benefits: Vehicle assistance Emergency towing Vehicle removal using a crane Jumpstarting a dead battery Fuel delivery Tire change…
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Car Rental Companies: Finding the Best Car for Rent Deal
- By Venus Zoleta
- 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. Of course, you need to stay within your budget. But you also have to look at other things that drive car rental prices: service, vehicle selection, hidden fees, inclusions and limitations, and other terms and conditions. The car rental provider’s garage locations and vehicle safety features are important considerations as well. Check these things between different rent-a-car service providers. There has to be a balance between the price and the quality of service that a car rental company provides. In this guide, we’ll compare some of the top car rental companies in the Philippines. Table of ContentsCar Rental LocationsCar Rental in Manila, Cebu, Davao, and Other CitiesCar for Rent ServicesCar Rental Service ComparisonVehicle SelectionWhat’s the Right Vehicle Type for Your Needs?Vehicle Selection ComparisonVehicle Condition and FeaturesCar Rental PricesWhat Affects Car Rental Prices?How to Compare Car Rental Rates?Package Inclusions and ExclusionsExtra Fees and ChargesFinal Thoughts Car Rental Locations When shopping around for car rental companies, the first thing you have to check is each provider’s pick-up and drop-off points. You want to make sure that the car rental location is accessible to you. Ideally, it’s located nearest your home, at the airport where you’ll arrive, or at the hotel where you’re staying. This way, you won’t be as hassled when picking up and returning the rental car. Car Rental in Manila, Cebu, Davao, and Other…
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Grab Insurance Guide for TNVS Operators in the Philippines
- By Moneymax
- October 28, 2019
A vehicle owner in the Philippines can make money from being a ride-hailing service operator or driver. Whether you’re looking for a part-time or full-time job, registering as a Grab Peer will add to your primary source of income. If you’re thinking of signing up as a GrabCar operator, check the step-by-step registration procedure here. Aside from joining the Grab platform, ride-sharing service operators are required by the Land Transportation Franchising and Regulatory Board (LTFRB) to register their vehicles under the category of Transportation Network Vehicle Service (TNVS). This will grant them a Certificate of Public Convenience (CPC), which authorizes them to operate around Metro Manila and key cities nationwide. Operators without a CPC may be apprehended. Once you’ve submitted your requirements for TNVS registration, you’re required to apply for PAMI insurance (1) on top of your existing car insurance policy. Keep reading to learn more about PAMI insurance, as well as Grab insurance for TNVS drivers and passengers in the Philippines. Table of ContentsHow to Insure GrabCar Through PAMI InsuranceWhat is PAMI Insurance?What Does PAMI Insurance Cover?How to Apply for PAMI InsuranceHow to Claim PAMI InsuranceHow to Insure GrabCar Through Grab InsuranceWhat is Grab Personal Accident Insurance?What Does Grab Insurance Cover?How to Claim Grab Insurance for Personal AccidentFinal Thoughts How to Insure GrabCar Through PAMI Insurance What is PAMI Insurance? PAMI stands for Passenger Accident Management and Insurance Agency, Inc., a management company that implements the passenger personal accident insurance program. It’s one of the LTFRB’s partners (the other being SSCI Management and Insurance Agency Corp.) for the government-mandated personal…
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10 Car Insurance Myths You Should Stop Believing
- By Venus Zoleta
- October 21, 2019
When it comes to car insurance, Pinoys worry a lot about the cost, coverage, and claims processing. But if you research and read up on car insurance myths and facts, you’ll realize that some of your assumptions about insurance could actually be incorrect. Are your beliefs about car insurance accurate? Know the real score and be enlightened. Here are the car insurance myths in the Philippines that should be debunked. Table of Contents1. Car Insurance Premiums are Expensive2. Red Cars are More Expensive to Insure3. Car Insurance Cost is the Only Thing That Matters4. Having CTPL Insurance is Good Enough5. Comprehensive Car Insurance Automatically Covers Acts of Nature6. Personal Car Insurance Covers Business Use of the Car7. Car Insurance Covers Personal Items Inside the Vehicle8. If Someone Else Drives My Car, That Person’s Insurance Must Cover the Damages9. Claims Processing is Tedious and Complicated10. Making a Claim Will Raise the PremiumFinal Thoughts 1. Car Insurance Premiums are Expensive This is a sweeping generalization about car insurance costs in the Philippines. Although insurance premiums for certain vehicle types and models (i.e., luxury cars, sports cars, etc.) are higher, not all cars are expensive to insure. You’d be surprised to learn that many cars in the Philippines can be insured for as low as PHP 7,000 to PHP 12,000 per year (equivalent to just PHP 1,000 or less per month). This is especially true for most hatchbacks and sedans from manufacturers like Suzuki, Honda, Mitsubishi, and Toyota. Aside from choosing a car that’s cheap to insure, there are many other ways to…
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First Time Driver? Here’s How to Get the Right Car Insurance for You
- By Venus Zoleta
- October 14, 2019
Being a new and young driver comes not only with perks but also responsibilities, like maintaining your car regularly, driving safely, knowing and obeying the traffic signs and rules, and getting a driver’s license. An equally important but often overlooked task: getting one’s car insured. Before you hit the road and enjoy your newfound freedom, make sure you have the right insurance for first time drivers. This means getting a policy with enough coverage at the right cost. This way, you won’t be burdened too much with repair bills should something happen to your car, another person or property, or yourself after an accident. Here are some tips on choosing car insurance for first time drivers in the Philippines. Table of Contents1. Pick the Right Car2. Figure Out the Car Insurance Coverage You NeedMust-Have Coverage on Insurance for First Time Drivers3. Compare Car Insurance Quotes4. Choose the Right Car Insurance Company5. Decide Where You’ll Buy Car Insurance6. Understand the Policy Before Buying ItFinal Thoughts 1. Pick the Right Car Several factors drive the cost of car insurance up or down, including the vehicle’s price, type, and safety. This is why some vehicles cost more to insure than others. For example, luxury brands like Mercedes-Benz and BMW are more expensive to insure than the likes of Suzuki, Toyota, Honda, and Mitsubishi. In terms of vehicle type, hatchbacks and sedans are cheaper to insure than SUVs and sports cars. Cars that are safe to drive tend to have lower insurance prices than cars that are accident-prone. It’s because vehicle damage and repair…
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Cars for Sale in the Philippines: Top Places to Score New Wheels
- By Venus Zoleta
- October 7, 2019
Buying your first car is an exciting yet overwhelming experience. There are plenty of decisions to make. Should I buy a brand-new or used car? What’s the right model for me? How will I finance a car purchase? And of course, the most important questions you should be asking yourself are: Where do I find cars for sale in the Philippines? Which dealership can help me pick the perfect car for the best price? To help you choose the right dealership, we’re listing the best car dealers as well as online marketplaces for new and second-hand cars for sale in the Philippines. Table of Contents7 Best Car Dealers in the Philippines to Find Cars for Sale1. Honda Cars Philippines2. Mazda Philippines3. Mitsubishi Motors Philippines4. Toyota Motor Philippines5. Nissan Philippines6. Hyundai Philippines7. Automobilico3 Best Websites to Find Cars for Sale in the Philippines1. Carmudi Philippines2. AutoDeal3. Philkotse.comFinal Thoughts 7 Best Car Dealers in the Philippines to Find Cars for Sale 1. Honda Cars Philippines Honda car buyers in the Philippines are the happiest in their new vehicle purchase and delivery experience. In fact, the Japanese carmaker takes the top spot in terms of overall sales satisfaction in the J.D. Power 2019 Philippines Sales Satisfaction Index[1]. The latest J.D. Power study findings were based on different factors that contribute to the satisfaction of customers with their car buying experience. These factors include sales consultant, dealer facility, delivery process, paperwork completion, working out the deal, and dealer website. The study also measured how likely a new car owner would recommend their vehicle brand….
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Fully Paid Car Loan? Here’s What You Should Do Next
- By Venus Zoleta
- September 30, 2019
So, you’ve finished paying the monthly amortizations for your car loan. You’re probably wondering what will happen at the end of your auto loan term. Most people think that after paying off a car loan in the Philippines, the vehicle is theirs without having to do anything. But technically, the bank that provided the loan still owns the unit. You have to do several things shortly after you’re fully paid on the loan, so you can finally become the true owner of the car. Here’s what you should do next after paying off your car loan in the Philippines. Table of Contents1. Confirm Availability of Your Collateral Documents2. Claim Your Collateral Documents from the Bank3. Have Your Chattel Mortgage Cancelled4. Go to LTO for Cancellation of EncumbranceLTO Requirements for Cancellation of MortgageSteps to File for Cancellation of Mortgage/Encumbrance at the LTO5. Renew Your Car Insurance PolicyFinal Thoughts 1. Confirm Availability of Your Collateral Documents Around 10 to 15 banking days after your final car loan payment, the bank will notify you about the availability of your original collateral documents for release. If you haven’t heard from the bank after that period, call its customer service hotline to ask for confirmation of your full payment and when the documents will be ready for pickup. Some banks like BDO require setting an appointment to claim the collateral documents. If your car was financed through a BDO auto loan, set a schedule online here. Before claiming your documents from the bank, check if your car registration is valid and updated. Make sure your…
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Car Insurance Companies: Where to Buy a Car Insurance Policy in the Philippines
- By Moneymax
- September 23, 2019
Car insurance should offer more protection beyond the coverage of the mandatory CTPL. That’s where car insurance companies come in. In order to get the right coverage for your vehicle, you have to take note of all the options you have. And part of that is familiarizing yourself with all the car insurance companies in the Philippines. Here is a helpful list to get you started. Table of ContentsThe Complete List of Car Insurance Companies in the PhilippinesAlpha Insurance and Surety Company, Inc.Bethel General Insurance and Surety CorporationCharter Ping An Insurance CorporationCibeles Insurance CorporationCommonwealth Insurance CompanyCorporate Guarantee and Insurance CompanyCountry Bankers Insurance CorporationEmpire Insurance CompanyFPG Insurance, Inc.Fortune General Insurance CorporationIntra-Strata Assurance CorporationMAPFRE Insular Insurance CorporationMercantile Insurance CorporationMilestone Guaranty and Assurance Corp.New India AssuranceOriental Assurance CorporationPacific Union Insurance CompanyParamount Life and General Insurance CorporationPerla InsurancePhilippine British Assurance CompanyPioneer Insurance and Surety CorporationPNB General Insurers Co., Inc.QBE Seaboard InsuranceSGI PhilippinesStandard Insurance Company Inc.Sterling Insurance Company, Inc.Stronghold Insurance Company, Inc.UCPB General Insurance Company, Inc.Western Guaranty CorporationFinal Thoughts The Complete List of Car Insurance Companies in the Philippines Know more about the top car insurance companies in our in-depth feature below: Alpha Insurance and Surety Company, Inc. Established in 1957, Alpha Insurance[1] dedicated their efforts to lead and sustain excellence in providing comprehensive non-life insurance services. One of their accolades is a Global Brand Award for being the Most Outstanding Insurance & Surety Company back in 2014. Features: 252 employees and more than 200 agents and intermediaries 24/7 auto assistance program thru EA Philippines Additional coverage for their CTPL package Bethel General Insurance and…
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How Much Does Honda Car Insurance Cost in the Philippines?
- By Venus Zoleta
- September 16, 2019
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 the most popular models from the Japanese car manufacturer. Table of ContentsHonda Car Insurance: Lowest Annual Premium Cost per ModelHonda ModelCheapest Annual PremiumCar TrimHonda City Car Insurance CostCheapest Annual Premium: PHP 10,957 (2019 Honda City E 1.3L Gas M/T)Honda Jazz Car Insurance PriceCheapest Annual Premium: PHP 12,574 (2019 Honda Jazz EX 1.5L Gas A/T)Honda Brio Car Insurance PriceCheapest Annual Premium: PHP 12,644 (2019 Honda Brio S 1.3L Gas M/T)Honda Brio Amaze Car Insurance PriceCheapest Annual Premium: PHP 12,957 (2019 Honda Brio Amaze E 1.3L Gas M/T)Honda Mobilio Car Insurance PriceCheapest Annual Premium: PHP 15,580 (2019 Honda Mobilio E 1.5L Gas M/T)Honda BR-V Car Insurance PriceCheapest Annual Premium: PHP 17,810 (2019 Honda BR-V S 1.5L Gas A/T)Honda CR-V Car Insurance PriceCheapest Annual Premium: PHP 20,282 (2019 Honda CR-V EX 2.4L Gas A/T)Honda Civic Car Insurance PriceCheapest Annual Premium: PHP 21,335 (2019 Honda Civic E 1.8L Gas A/T)Honda HR-V Car Insurance PriceCheapest Annual Premium: PHP 21,935 (2019 Honda HR-V E 1.8L Gas A/T)Honda Accord Car Insurance PriceCheapest Annual Premium: PHP 24,676 (2019 Honda Accord EX 3.5L Gas A/T)Final Thoughts Honda Car Insurance: Lowest Annual Premium Cost per Model Honda Model Cheapest Annual Premium Car Trim Honda City PHP 10,957 2019 Honda City E 1.3L Gas M/T Honda…
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Affidavit for Car Insurance Claim: Why You Need It and How to Get One
- By Venus Zoleta
- September 9, 2019
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 happened? How do I get this document? If this is your first time to file a car insurance claim, read on to know more about this important requirement for claims processing. Table of ContentsWhat is a Notarized Affidavit?Why You Need a Notarized Affidavit for Car Insurance ClaimHow to Get a Notarized Affidavit for Car Insurance Claim1. Prepare the Necessary Information2. Visit a Notary Public3. Sign the Affidavit4. Pay For the Notarial Fee5. Get Your Notarized Affidavit for Car Insurance ClaimSample Format of Affidavit for Car Insurance ClaimYou can download the affidavit sample format here.Final Thoughts What is a Notarized Affidavit? While this legal term sounds too technical for common people, the meaning of “notarized affidavit” is actually simple—it’s a written and signed statement of facts verified to be true and can be used as evidence in any court case. When an affidavit for car insurance claim is notarized, it means that you have sworn under oath about the truth of the facts in the affidavit and signed it in front of a notary public [1]. The document should also have the notary public’s signature and seal. Why You Need a Notarized Affidavit for Car Insurance Claim The notarized affidavit is a requirement for most types…
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20 Cheapest Cars to Insure in the Philippines
- By Venus Zoleta
- September 2, 2019
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 come with having a car—insurance is one of them. Read more: How Much Does Car Insurance Cost in the Philippines? Fortunately, a lot of options are available in the market when it comes to the cheapest cars to insure. Most of them happen to be cars with the cheapest vehicle selling price, especially hatchbacks from Japanese automakers such as Suzuki, Mitsubishi, Honda, and Toyota. What model are you planning to buy? Is it inexpensive to insure? Check out the top cars that are cheap for insurance. Table of Contents1. Suzuki Alto 800Cheapest Annual Car Insurance Premium: PHP 7,155 (2019 Suzuki Alto 800 0.8L Gas M/T)2. Hyundai EonCheapest Annual Car Insurance Premium: PHP 7,334 (2019 Hyundai Eon GL 0.8L Gas M/T)3. Suzuki CelerioCheapest Annual Car Insurance Premium: PHP 7,619 (2019 Suzuki Celerio 1L Gas M/T)4. Chevrolet SparkCheapest Annual Car Insurance Premium: PHP 8,868 (2019 Chevrolet Spark LS 1L Gas M/T)5. Suzuki Super CarryCheapest Annual Car Insurance Premium: PHP 9,546 (2019 Suzuki Super Carry Pick Up Truck 0.8L Gas M/T)6. Mitsubishi LancerCheapest Annual Car Insurance Premium: PHP 9,804 (2019 Mitsubishi Lancer GLX 1.6L Gas M/T)7. Suzuki APVCheapest Annual Car Insurance Premium: PHP 10,860 (2019 Suzuki APV GA 1.6L Gas M/T)8. Honda CityCheapest Annual Car Insurance Premium: PHP…
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The Most Expensive Cars to Insure in the Philippines
- By Moneymax
- August 26, 2019
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 high-profile Pinoy celebrities? You should also consider the cost of car insurance aside from the actual unit’s selling price. Be ready to pay higher insurance premiums to protect your precious investment. Table of Contents20 Most Expensive Cars to Insure in the Philippines1. Mercedes-Benz SL632. Mercedes-Benz S6503. Mercedes-Benz GTAnnual Car Insurance Premium: PHP 315,619 (2019 Mercedes-Benz GT AMG 4L Gas A/T)4. BMW 7 Series 750Li5. BMW 7 Series 740Li6. Mercedes-Benz SL5007. BMW M58. BMW M69. Jaguar XJ10. Nissan GT-R11. Land Rover Range Rover Sport12. Lexus RC13. Mercedes-Benz E20014. Land Rover Range Rover Velar15. Jaguar F-PACE16. Land Rover Range Rover Evoque17. Chevrolet Camaro18. Ford Mustang19. Jaguar XE20. Land Rover DiscoveryWhat Makes Car Insurance Expensive?Personal FactorsVehicle FactorsFinal Thoughts 20 Most Expensive Cars to Insure in the Philippines Here are the cars with the highest car insurance premiums in the Philippines in 2019. One of these models may just be the car of your dreams. 1. Mercedes-Benz SL63 Annual Car Insurance Premium: PHP 405,548 (2019 Mercedes-Benz SL63 AMG 5.5L Gas A/T) This two-seater hardtop roadster packs 577 horsepower under its hood (thanks to the twin-turbo V8 engine), enabling you to go from zero to 96.56 kph in a few seconds. It’s also among the most expensive cars to insure,…
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Switching Car Insurance Companies: Step-by-Step Guide
- By Venus Zoleta
- August 19, 2019
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 a consumer. In doing so, you won’t miss out on a better deal with another car insurance provider. Here are the important things to know before you switch to a new car insurance company. Table of ContentsWhat are the Benefits of Switching to a New Car Insurance Company?When Can I Change My Car Insurance Provider?How to Change Car Insurance Companies1. Assess Your Car Insurance Coverage Needs2. Compare Car Insurance Quotes3. Gather Feedback4. Choose the Car Insurance Company You’ll Switch To5. Make the Switch6. Notify Your Auto Loan Provider about the New Car Insurance CompanyFinal Thoughts What are the Benefits of Switching to a New Car Insurance Company? Over time, your car insurance coverage needs (and the cost of each type of coverage) change. Your financial situation is likely to be different from the time you got your existing policy. And you might realize that the service you’re getting is not up to par with your expectations. These reasons make signing up with a new car insurance company a good idea. Depending on the new insurer you choose, you can reap various benefits from changing car insurance companies. Here are some of them: Saving money on insurance premiums Getting a better deal at a lower cost…
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11 Car Care Tips to Protect Your Vehicle During Typhoon Season
- By Moneymax
- August 12, 2019
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 as protecting lives and your home during a typhoon. It’s expensive to repair or buy a new car to replace a severely damaged one, so it’s better to be proactive rather than reactive. Here are things you should remember to protect your car during the typhoon season in the Philippines: Table of Contents1. Drive Safely2. Park to Safer, Higher Ground3. Protect Your Car from Flooding4. Keep Electrical Parts Dry5. Check Your Car Insurance Coverage6. Wash Your Car Before and After the Rain7. Check All Rubber Seals8. Replace the Windshield Wipers9. Clean the Windshield Washers10. Monitor Weather Updates11. Inspect Your CarFinal Thoughts 1. Drive Safely The importance of careful driving can’t be stressed enough during the rainy season. It isn’t just for your safety but also for the longevity of your car. When driving in the rain, keep these precautions in mind: Remain calm and don’t make sudden motions. Avoid any distraction while driving. Keep a 360-degree vision of everything around you from your mirrors. Keep a safe distance from the car in front of you. Drive at a speed limit that you’re comfortable with to make better driving decisions. Do not follow trucks and buses. Water splashed from their large tires will impair your vision….
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Getting Comprehensive Car Insurance? Prepare These Requirements
- By Moneymax
- August 5, 2019
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 covers just a certain aspect of your insurance. It only covers the death or injury of a third party and not the damages made on your car. This is why it is important to have a comprehensive car insurance policy. Apart from protecting yourself and your vehicle, a comprehensive policy covers your passengers from several road-related risks and hazards. Buying comprehensive car insurance can be easy if you compare your options and be prepared with the requirements. Take note of the steps and the following comprehensive car insurance requirements for a hassle-free process. Table of ContentsDetermine Your InsurerPrepare the RequirementsHere are the comprehensive car insurance requirements to prepare:What Happens Next? Determine Your Insurer If you already have a CTPL policy, odds are you already have a provider. But as you can generally purchase insurance through the LTO, a comprehensive car insurance policy may be an entirely separate thing. If you aren’t sure which company to get it from, there are insurance comparison websites like Moneymax to help you along. One thing to remember is that your premium will depend on the make, model, and age of your car. Older cars may have higher premiums than newer ones owing to their Fair Market Value. Note that…
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Top Causes of Road Accidents in the Philippines
- By Moneymax
- July 29, 2019
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 of road accidents in the country. It includes actions resulting from the driver’s negligence, distraction, or physical challenge, such as loss of control, drunk driving, bad overtaking, bad turning, texting while driving, and overspeeding. According to the Philippine National Police (PNP), human error accounts for eight to nine in every 10 accidents nationwide. Authorities believe the lack of driver’s training contributes to human error. Read more: 7 Reasons Why Attending a Driving School is Worth the Cost Here are top causes of road accidents in the Philippines (in no particular order) based on data from the PNP-Highway Patrol Group (PNP-HPG), Metropolitan Manila Development Authority (MMDA), and Philippine Statistics Authority (PSA). Table of ContentsTop Causes of Road Accidents in the PhilippinesLost ControlDrunk DrivingMechanical FailureLost BrakesOverspeedingUsing Mobile Device While DrivingBad TurningBad OvertakingJaywalkingFinal Thoughts Top Causes of Road Accidents in the Philippines Lost Control Lost control proves to be the most dangerous for both cars and motorcycles in the metro, as data from the recent Metro Manila Accident Reporting and Analysis System[1] shows. In 2018, it killed a person, injured 24 people, and caused damage to property 10 times. Losing control of your car can be the most frightening situation on the road. But it’s preventable. Take control…
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