INSURE TO BE SURE!   We're open 8AM - 5PM, Monday to Friday
MALAYAN CORPORATE    
CALL US (632) 628-8-628
Malayan Insurance Blog
  • Features
  • Car
    • Car Care Tips
    • Driving Tips
    • Car Insurance
  • Business
    • Business Management Tips
    • Productivity Tips
    • Business Insurance
  • Home
    • Home Care Tips
    • Home DIY’s
    • Home Insurance
  • Travel
    • Travel Tips
    • Travel Destinations
    • Travel Insurance
  • Finance
    • Financial Planning
    • Insurance
    • Money Saving Tips
  • Contact Us
No Result
View All Result
Malayan Insurance Blog
  • Features
  • Car
    • Car Care Tips
    • Driving Tips
    • Car Insurance
  • Business
    • Business Management Tips
    • Productivity Tips
    • Business Insurance
  • Home
    • Home Care Tips
    • Home DIY’s
    • Home Insurance
  • Travel
    • Travel Tips
    • Travel Destinations
    • Travel Insurance
  • Finance
    • Financial Planning
    • Insurance
    • Money Saving Tips
  • Contact Us
Malayan Insurance Blog
No Result
View All Result

Car Insurance Mistakes You May Be Guilty Of

January 3, 2018
Home Car
Share on FacebookShare on Twitter

Securing a car insurance policy is an important element in car ownership in the Philippines. It provides vehicle owners financial protection against accidents, theft and automobile damage. However, despite the awareness of its importance, not everyone is informed enough to avoid common car insurance mistakes such as: 

 

Not buying online 

The upside of buying insurance online is that it lets you take the time to learn, understand and carefully evaluate the different policies available, allowing you to make highly informed choices. Going through the details of the insurance coverage is one of the keys in finding the right car insurance for you. Remember that you live in the country where natural disasters such as typhoon, floods, and earthquakes often happen so it’s crucial that these are included in your policy. In addition, some insurance companies may give you lower premiums by declaring a lower Fair Market Value (FMV) for your vehicle but this can actually be a disadvantage because you will not get the total coverage that your car really needs.  

 

Malayan’s very own Automaster can be accessed online, allowing you to compare and review crucial parameters so you can further understand how the motorcar policy works. Aside from the free quote, you can also register, make a claim and view our authorized car repair shops around the country.  

 

Should you need roadside assistance, towing service, and other related vehicle support, Malayan’s emergency hotline, CAMILLE, is one call away. And whenever you have questions regarding your car insurance policy, an email will be automatically sent to you, indicating the steps to process your claims online, as well as how you can contact Malayan whenever you have queries about the quotation, or the policy itself.  

 

Not being transparent with your details 

Did you know that not being involved in an accident in the past can help you get lower premiums for your auto insurance? Malayan Insurance provides its policyholders the most comprehensive car insurance policies in the Philippines, but that will not be easy if the insured withholds information that are pertinent in determining the car insurance policy that will suit his/her needs.  

 

Missed car insurance policy payments 

Missed car insurance payments can lead to cancellation of their insurance policy. Having your car insurance policy dropped could result to a considerable increase in premium rates with the next insurance company you approach. You may be a careful driver, but missing policy payments in your records might make insurance companies regard you as a high risk client, which means that you’ll have to face rates and arrangements solely for high risk drivers.  

 

Malayan’s Automaster provides flexible and easy to avail payment terms that can be helpful for your financial status.  

 

Always remember that as a policyholder, it pays to be updated, honest, and knowledgeable. Avoid these common mistakes by asking questions so you can understand your insurance better.  

Tags: car-insurance-philippinescar-insurance-policy-philippinesmalayan-insuranceproperty-insurance-philippines

Related Posts

pros-and-cons-of-keyless-best-car-insurance-philippines
Car

Pros And Cons Of Having A Keyless Car

January 26, 2021
christmas-gifts-best-car-insurance-philippines
Car

Budget-Friendly Christmas Gift Ideas For Car Lovers

December 14, 2020
preparing-resale-checklist-car-insurance-philippines
Car Insurance

Preparing Your Car For Resale Checklist

November 26, 2020
buying-a-car-insurance-during-the-pandemic
Car Insurance

Buying A Car During The Pandemic

November 11, 2020
Next Post
Why You Need Malayan’s Travel Insurance This Holiday Season

Why You Need Malayan’s Travel Insurance This Holiday Season

Latest Post

tips-about-living-in-shared-condo-insurance

Tips About Living In A Shared Condo

January 19, 2021
best-workplace-practices-covid-19-property-insurance-philippines

Best Workplace Practices During COVID-19

December 16, 2020
recreating-best-trips-home-travel-health-insurance-philippines

Recreating Your Best Travel Trips At Home

December 15, 2020
Ads

Trending

how-dogs-sense-fire-insurance-philippines

How Dogs Behave When They Sense Fire

January 20, 2021
travel-insurance-philippines-travel-agency

How To Check If A Travel Agency Is Legitimate

October 31, 2019
cargo-marine-insurance

Types Of Alarms You May Hear On Ships

October 5, 2018
Festivals in the Philippines You Must Experience

Festivals in the Philippines You Must Experience

May 23, 2018
What To Do If You Get Into A Car Accident

What To Do If You Get Into A Car Accident

March 7, 2018
Malayan Insurance Blog

Malayan Insurance Co. Inc., the leading non–life insurance company in the Philippines, offers its client and the public guaranteed peace of mind through service excellence and quality insurance protection.

Follow Us

Categories

  • Features
  • Get A Quote
  • Terms of Use
  • Security and Privacy
  • Legal Notices
  • Contact Us
  • Features
  • Get A Quote
  • Terms of Use
  • Security and Privacy
  • Legal Notices
  • Contact Us

© 2018 Malayan Insurance, Inc.
ALL RIGHTS RESERVED

No Result
View All Result
  • Features
  • Travel
  • Car
  • Home
  • Business
  • Finance
  • Contact Us

© 2018 Malayan Insurance, Inc.
ALL RIGHTS RESERVED