The fastest way to getting car insurance.
Just follow these simple steps:
Tell us about your car
We need some information about your vehicle to help us find the best comprehensive insurance for you.
Customize your car insurance policy
Select the coverage you want to include in your online car insurance quote. This will help us provide a personalized car insurance quotation.
Get your e-policy within 24 hours
Found the right auto insurance deal? Click the apply button, enter your personal information, and we'll get in touch with you.
Hassle-free claims process
We hope you don't get into an accident but if you do, we'll help you process your car insurance claim.
"It was a great opportunity to get my car insurance with less premium cost but satisfying coverage. I compared many quotations from other providers but only Moneymax offered me a good deal. Even if this is my first time engaging with the team, I was overwhelmed with their quick and easy transaction process. "
"I’ve been a customer of Moneymax for almost two years for my comprehensive car insurance. They are easy to deal with and trustworthy. Excellent customer service. I saved almost P3,000 as compared with other brokers."
"Moneymax made searching for my car insurance a breeze! They got me the best possible deal in the shortest time possible. No need for long calls conversations with different agents, no wasting time. It's been my go-to ever since I learned about it."
Did you recently buy a car? You need car insurance! The thrill of having a new car is over and now you have to go through the process of insuring your four-wheeled investment. Getting a car insurance in the Philippines can be confusing, especially for first-time vehicle owners. However, that shouldn’t be an excuse to not get one. Here’s a helpful beginner’s guide to car insurance to get you started.
Looking for a cheap comprehensive insurance? It can be challenging, but it’s not an impossible task. By comparing online car insurance quotes, it is possible to get a policy that suits your vehicle and your lifestyle with a price that won’t break the bank. Don’t worry, you’re not going through this blindly. Here are some tips on how to get a cheaper car insurance deal.
Saving on your comprehensive car insurance cost begins with comparing quotes and finding the best deal from different insurance providers in the Philippines. Since car insurance rates vary from one insurance company to another, it is best to get as many car insurance quotes as possible. Don’t be afraid to shop around and compare your options meticulously. This will help you determine which provider is the easiest to deal with, which one can give you better coverage, or which one can give you the most bang for your buck.
When you compare auto insurance quotes, do not just look at the rates. An insurance policy with the lowest premium is not necessarily the best option. You also have to check the coverage, exclusions, benefits, and the reputation of each insurance provider.
Calling up each provider to ask for car insurance quotes is good, but it can eat up much of your time. Make the process easier by taking advantage of the free comparison tool here at Moneymax to help you compare car insurance quotes in just a few minutes.
One of the advantages of comprehensive car insurance is that you can customize your coverage. Go over your policy and check the coverage that you have. You may not need the add-on benefits so remove them to lower your insurance costs.
For example, if you’re already a member of an auto club in the Philippines where you enjoy privileges such as roadside assistance, it makes sense to eliminate this coverage from your car insurance. If you already have a family lawyer, you might as well remove the legal assistance coverage to save more money. But of course, don’t remove an essential coverage just to save a few thousands. If you really need any of the add-on benefits, keep it in your policy.
You can further cut down on your vehicle insurance costs if you pay your premiums in full or in lump sums every year compared to paying monthly installments. Insurance companies are inclined to give you discounts when you pay full annual premiums because it saves them a lot of time in processing your payments.
Paying in full also endears you to your insurer and they will eventually treat you as a priority policyholder. Processing your comprehensive car insurance claim will be a breeze once you’ve built a rapport with your insurer.
A Car Insurance Coverage Gap happens when you fail to keep your car insured for a certain period because of various reasons, such as your policy getting cancelled or you making late payments. A gap is also likely to happen when you took a long time switching to a new car insurance company after you ended your policy to your former insurer. It’s always important to be consistent in insuring your vehicle.
Having these gaps and lapses in your history will greatly increase your premium the next time you apply for a policy. Make sure to pay your premium on time to prevent these gaps and save money on your insurance.
Also, when you get a new auto insurance from a different provider, do not terminate your existing one until your new policy becomes active.
Owning a car increases the likelihood of you being involved in a road accident. That’s where your car insurance comes in. It ensures you that you will receive assistance and compensation for the loss or damage of your car in an accident. While we hope you don’t have to use it, you should know how to file a car insurance claim in the Philippines.
