Car insurance premium calculator philippines

For basic vehicles on the lower end of the price scale, the average price of a good car insurance policy in the Philippines may range from around ₱12,000 to ₱20,000 per year. That's more or less ₱1,000 per month. To find out how much it will cost you to insure your vehicle, compare affordable car insurance quotes for free at Moneymax.

How to calculate the cost of car insurance in the Philippines?

Add the cost of CTPL. CTPL for private cars is typically around ₱650. So, ₱6,500 + ₱650. If there are any additional fees, don’t forget to add that in your sample premium computation. Below are the different car insurance prices for top car models in the Philippines.

How to calculate car insurance premium?

Calculate Your Car Insurance Select your car's brand A car insurance calculator is an online tool that allows you to calculate a customised premium amount for your car insurance policy. All you need to do is enter details like your car’s make, model, variant, RTO location, purchase year, etc. and the premium amount will get calculated.

What should you add to your car insurance policy in Philippines?

As the Philippines is prone to natural disasters, this option is usually a sound investment to add to your car insurance policy. This is mandated by the LTO upon purchasing a new vehicle or renewing your car registration. CTPL insurance provides death indemnity, bodily injury, and permanent disablement to third parties involved in an accident.

What is car insurance?

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...

Is car insurance required in the Philippines?

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...

What are the common car insurance terms?

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 insura...

What types of car insurance coverage can I get?

Aside from CTPL, which is a requirement of the Land Transportation Office, car insurance coverages aim to protect you, your passengers, and your ve...

What are the top car insurance companies in the Philippines?

Here are some of the top auto insurance providers to help you compare their features.Car Insurance CompanyCasa EligibilityAccredited Repair ShopsMa...

How can I get free car insurance quotes online?

An efficient way to get quotes is to use a vehicle insurance comparison website like Moneymax that aggregates quotes and other details from multipl...

What are the requirements to get car insurance online?

Below are the documents you’ll need to submit to get motor insurance online. You'll know at a glance if you have all the requirements or if you mig...

Why should I get car insurance online?

Save time searching and comparing quotes. Convenience is the biggest advantage of shopping for auto insurance online. The hours spent collecting an...

How do I get cheap car insurance?

Different factors affect auto insurance prices in the Philippines. Some of them you cannot control, but there are actions you can take to increase...