Car Insurance - Cheapest Philippines

Standard Insurance Co., Inc. is a Philippine non-life insurance company with a license to market all types of non-life insurance lines. Providing over 50 years of service, Standard Insurance is the leader in motorcar insurance in the Philippines and is one of the strongest in property insurance after its acquisition of Zurich General Insurance Philippines from Zurich Financial Services (ZFS) in late 2003. The Company which ranks 4th in terms of gross premiums has one of the highest in terms of paid-up capital, networth and profitability among the local companies in the industry. The Company has a product mix of 53:47, with motorcar accounting for a major part of its portfolio and the balance in non-motor insurance, primarily property insurance. It has insured approximately one out of every four brand new car sold in 2007 or an estimated 26% market share in the brand new car sales segment.

Its retail operations, primarily motorcar insurance, is the most extensive and the most advanced in the industry with 43 computerized full-service branches nationwide, with underwriting and claims servicing capabilities, more than 200 car dealer tie-ups nationwide, and its own technical personnel. The technical personnel are engineers and trained mechanics who perform car repair estimates supported by

the Company's own computerized parts database for all major models of popular brand vehicles.In the industry, it has the quickest turnaround time with repairs at the car dealership and the only one with its own call center to support its operations.

Value-Added Services

Free Accident Coverage (PA)
Free P.A. Coverage for the family. This includes five (5) members of your family for P10,000 each.
Free Roadside Assistance Program
You will be provided with towing and other services in cases of accidents or vehicle breakdown
Automatic Technical Assistance
A group of auto-experts will assist you in assessing the extent of damages of your car in case of accident
Casa Repair
Because of our extensive tie-ups with Car Dealers nationwide, we provide automatic 5-star motorshop repair for cars 12 years old and below.

Sample Computation
For Sedan                Cover                       Premium
OD/Theft              Php 500,000    x 2.30%   = Php 11,500
Bodily injury               100,000                           180
Property damage           100,000                          730
Personal Accident           100,000                         free
Total Premium                                       Php  12,410
Taxes ( Total Premium x 24.70% )                          3,065
Total                                                Php  15,475

For SUV/AUV               Cover                       Premium
OD/Theft              Php 1,000,000   x 1.70%   = Php 17,000
Bodily Injury                 100,000                        230
Property Damage            100,000                        780
Personal Accident                                           free
Total Premium                                       Php 18,010
Taxes ( Total Premium x 24.70% )                          4,448
Total                                                Php 22,458

Deductible is .5% of the value covered.

Advertisement ID	:	1747848
Category	:	Insurance
Ads Classification	:	Offered
Price	:	P 1.00
Date Updated	:	November 10, 2009 (posted November 5, 2009)
Short URL	:	http://sulit.com.ph/1747848

Posted by	:	joeblack010
Member Since	:	October 16, 2009
Last Login	:	December 2, 2009 12:21PM
Feedback	:	no feedback yet

Contact Nos.	:	5345451, 09209514345
Look For	:	Joel Nuqui

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Car Insurance - Cheapest

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