Important Things to Know About Car Insurance

Car insurance isn’t just a requirement—it’s a smart move for every driver. Whether you're a new car owner or renewing your policy, understanding the basics of car insurance can save you money, time, and stress. Here are the key things you need to know:

1. Car Insurance Is Legally Required in the Philippines

• Before you can register your vehicle with the Land Transportation Office (LTO), you must secure Compulsory Third Party Liability (CTPL) insurance. This is the minimum required car insurance in the Philippines, covering bodily injury or death of third parties during a road accident.

2. Know the Types of Car Insurance Coverage

Choosing the right insurance plan depends on your driving habits, budget, and the value of your vehicle. Here's a quick breakdown:

CTPL (Compulsory Third Party Liability)

• Required by law
  
  
• Covers injury/death of third parties

Comprehensive Car Insurance

• Covers CTPL + other damages
  
  
• Protects against:
  
  
• Theft
  
  
• Natural calamities (flood, earthquake, typhoon)
  
  
• Own damage
  
  
• Vandalism
  
  
• Personal accident
  
  
• Third-party property damage

If you're searching for comprehensive car insurance, make sure it includes “Acts of Nature” for added protection.

Source: Freepik

How Much Does Car Insurance Cost?

The cost of your car insurance premium depends on several factors:

• Car’s brand, year, and model
  
  
• Driver’s age and experience
  
  
• Coverage type (CTPL or comprehensive)
  
  
• Insurance provider

4. How to Claim Car Insurance in the Philippines

Accidents happen—but being prepared makes a difference. Here’s what to do:

• Report the accident immediately
  
  
• Take photos and gather evidence
  
  
• Prepare the required documents (e.g., police report, OR/CR)
  
  
• Contact your insurer
  
  

Choose an insurance provider with a fast and reliable claims process.

5. You Can Buy and Renew Car Insurance Online

In today’s digital world, you don’t need to line up at the office. Many providers now offer online car insurance quotes and renewals. Just fill out a short form, choose your plan, and pay online.

Fast
Safe
Convenient

Vigattin Insurance makes car insurance renewal quick and easy—perfect for busy car owners!

Final Thoughts

Car insurance is more than a legal requirement—it’s your safety net on the road. From protecting your investment to giving you peace of mind, the right car insurance plan makes all the difference.

Ready to insure your vehicle? Get in touch with Vigattin Insurance today for affordable car insurance, flexible coverage, and excellent service.