2026 Get the right car insurance for you!
Updated: Jun 11, 2026
Find the cheapest car insurance in the Philippines in just a few clicks.
35 y/o
3 years
30% NCD
₱200000
₱350000
Enter your vehicle details to see your premium
The fastest way to get car insurance!
Just follow these simple steps:
Tell us about your carWe need some information about your vehicle to help us find the best car insurance for you.
Customize your car insurance policySelect the coverage you want to include in your online car insurance quote. This will help us provide a personalized vehicle insurance quotation.
Get your e-policy within 24 hoursFound the right auto insurance deal? Click the apply button, enter your personal information, and we'll get in touch with you.
Hassle-free claims processWe hope you don't get into an accident but if you do, we'll help you process your car insurance claim.
Tell us about your car
We need some information about your vehicle to help us find the best car 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 vehicle 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.
How much does car insurance cost?
Car insurance covers you from the costs of medical bills, property damage, and vehicle damage after a car accident. It serves as your peace of mind when you’re driving your vehicle on a regular basis.
- Yes, car insurance is required in the Philippines. There are two types of auto insurance in the Philippines, one of which is required and the other optional:
- It’s easy to get lost in a sea of unfamiliar words when you first read your motor insurance policy. It might also be hard to recall your car insurance agent’s explanation of the terms but we’re here to refresh your memory. Below is a list of commonly used car insurance terms you’ll encounter:1st PartyAlso called the Assured. This is the owner of the vehicle and the insurance policy.2nd PartyAlso called Insurer. This is the insurance company where you applied for car insurance.3rd PartyThis refers to the other person/people involved in the accident that’s not the 1st party, the 2nd party, or relatives or employees of the 1st party. A good example would be bystander/s and/or person/s in the other car/s involved, or your passengers that aren’t your relatives or employees.Agreed ValueThe amount the insurance provider will pay if your car gets totaled or stolen. This is a fixed amount that you and the provider have agreed on at the start of your policy term.At FaultThe amount the insurance provider will pay if your car gets totaled or stolen. This is a fixed amount that you and the provider have agreed on at the start of your motor insurance policy term.CertificateOne of the documents you’ll receive as part of your motor insurance policy. It’s also one of the most important because this serves as proof that your car is insured.ClaimA request filed by the insured and sent to the insurer to cover or reimburse expenses from damages or loss of your car or other coverages as stated in your insurance policy.Deductible FeeA type of participation fee that involves a car accident or loss and an investigation proves that you’re at fault. Some policies don’t include deductibles and for those that do, it should follow the Motor Tariff’s minimum deductible fee. You can increase your deductible fee if you want to lower your insurance premium.Depreciation FeeA type of participation fee for your car’s damaged or lost parts due to an accident or loss. The amount will depend on the value of the new parts when it was damaged or lost compared to its value when the vehicle was purchased. This is only applicable to vehicles older than 3 years and is not applicable to total vehicle loss.Fair Market ValueThe amount the insurance provider will pay if your car gets totaled or stolen. This is based on your car’s make, model, mileage, age, variant, and overall status at the time of the incident.Legal AssistanceA type of coverage that provides financial assistance for legal fees in case you get into an accident that will be taken to court.Loss of UseA type of coverage that provides transportation allowance while your car is being repaired.Participation FeeThe amount that you need to pay out of your pocket before the insurance provider pays for the rest of the expenses.Policy ScheduleThis document details the coverage of your motor insurance such as the type of coverage and add-ons, and includes the pricing related to it. Depending on the type of insurance you chose, it will indicate the specifics of the agreed or market value that the insurance will pay for and the participation fee.PremiumThis is the amount that you’ll pay to your insurer for your vehicle insurance policy.Roadside AssistanceThis is a type of add-on to your vehicle insurance if you want your coverage to include car issue support while on the road like towing, tire replacement, battery jumpstart, lockout services, and fuel delivery.SurchargeThis is an added cost to your premium due to an at fault accident, filing several claims, or filing for an expensive claim.TotaledAlso called write-off. When a vehicle is marked as totaled by the insurance provider, it means that the cost of repairs will exceed the vehicle’s market value.
- Aside from CTPL, which is a requirement of the Land Transportation Office, car insurance coverages aim to protect you, your passengers, and your vehicle from road accidents or incidents that will cause harm or poses a threat. Insurance providers offer several options that consider situations a driver needs protection from with comprehensive car insurance coverage as your best bet since it covers most of your needs. There are other coverages that you can get for additional protection but note that this will also cost you more. Below are the most common car insurance coverages offered in the Philippines:••••
Car Insurance Company Casa Eligibility Accredited Repair Shops Maximum Total Sum Insured Overnight Accommodation Towing Services Vehicle Removal Crane Services 10 years 365 ₱5,000,000 Yes, up to ₱3,000 Yes, up to ₱5,000 Yes, up to ₱10,000 3 years 58 ₱7,500,000 Yes, up to ₱1,000 Yes, up to ₱4,000 Yes, up to ₱8,000 10 years N/A ₱3,000,000 Yes, up to ₱2,000 Yes, up to ₱5,500 Yes, up to ₱15,000 5 years 134 ₱5,000,000 Yes, up to ₱2,000 Yes, up to ₱5,000 Yes, up to ₱10,000 10 years 167 ₱3,000,000 N/A N/A N/A 10 years 77 ₱5,000,000 Yes, up to ₱2,000 Yes, up to ₱5,000 Yes, up to ₱10,000 15 years 504 ₱5,000,000 Yes, up to ₱2,500 Yes, up to ₱4,000 Yes, up to ₱10,000 5 years 172 ₱4,000,000 Yes, up to ₱1,500 Yes, up to ₱5,000 Yes, up to ₱10,000 The table below shows the performance of car insurance providers in terms of net premiums written as reported by the Insurance Commission last 2021.
Car Insurance Company Name Premium Written ₱4,079,633,561 ₱3,900,308,008 ₱2,095,972,724 ₱1,676,285,352 ₱1,454,027,271 ₱1,439,102,792 ₱686,115,017 ₱93,536,051 An efficient way to get quotes is to use a vehicle insurance comparison website like Moneymax that aggregates quotes and other details from multiple insurance providers in the Philippines. Your motor insurance quotation will be based on several factors, such as your car’s age and fair market value, and the motor insurance coverage and add-ons that you plan to include in your policy. Once you’ve requested a quote, you’ll receive a call from a car insurance advisor for further confirmation and a more in-depth look at your possible policy.