How much can you get from your own damage insurance?
The coverage will depend on your vehicle’s fair market value or FMV. It also usually comes with a deductible or a sum of money you pay as a participation fee in the claim.
Related Articles
How are the benefits paid out? How much can I get from my CTPL Insurance?
Section 1 – Third Party Bodily Injury or Death Section 2 – No Fault Indemnity The limit under this benefit is Php 15,000.00 per person.This is the maximum amount the insurance company is required to pay a third party injured or killed in an accident ...
How are the benefits paid out? How much can I get from my Comprehensive Vehicle Insurance?
The coverage will depend on your vehicle’s fair market value or FMV. It also usually comes with a deductible or a sum of money you pay as a participation fee in the claim.
What is Comprehensive Vehicle Insurance from Kwik Insure?
Vehicle Insurance, also known as Auto, Motor, or Car Insurance, is an all-around cover that protects individuals from financial losses as caused by accidents related to your own car and for damaging another person’s vehicle, property, or injuring a ...
How much is the coverage?
The coverage for the COVID-19 Kwik Assist Insurance is P10,500.00 for one month. It is stackable up to 10 units that could give you a total coverage of P105,000.00 in one month.
What are the coverages under comprehensive vehicle insurance?
● Own Damage / Theft (OD/T) – covers collision (accidental), fire, external explosion, self-ignition, lightning, overturning, theft, burglary, or malicious act as stated in your policy. ● Excess Third-Party Liability (BI/PD) – Covers cost for ...