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 bodily injury to other people or property involved in the accident up to the amount stated in your policy.
● Auto Passenger Personal Accident (A.P.A.) – Covers cost for death or injuries to the driver as well as passengers to the max amount in your policy.
● Acts of Nature (AON) – Covers financial losses from natural disasters such as flooding, earthquake, typhoon, as stated in your policy.
Sample computation only for 2019 Toyota Vios G Prime 1500 cc A/T.
Premium and sum insured varies depending on car details and provider chosen.
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How do I purchase a Comprehensive Vehicle Insurance through the GCash App?
STEP 1. Login to your GCash app, then click the GInsure icon. STEP 2. Choose Kwik product "Comprehensive Vehicle Insurance". STEP 3: Enter your vehicle details. STEP 4: Compare prices among Philippines' Trusted Insurance Companies. STEP 5: Fill in ...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 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.Does vehicle insurance cover vehicle accessories?
The accessories which are standard to your vehicle will be covered. However, other non-standard/factory accessories are not covered unless it was declared prior.If I sell my vehicle, will the insurance transfer to the new owner?
No. The policy is attached to the person and not the insured vehicle. In order to make a change of ownership, the person must request to transfer the policy to the new owner. Those requests are subject to the approval of the insurance company.