When you get car insurance, you don't only opt for a plan that covers the protection of your vehicle but yourself as well. It will also help you with any financial burden in time of emergency. It covers liabilities for any damage done to someone else's car or asset and injury or death to another party. So, if you want to know the best car insurance plan in the Philippines, here are the six best insurance companies that you have to see and compare:
Pioneer Insurance & Surety Corporation
The Pioneer Insurance & Surety Corporation mostly focuses on non-life insurance plans. In general, it provides insurance for marine, property, aviation, and motor. This company was founded in 1964; thus, it has been in the business for over five decades, per PhilKotse.
Charter Ping An Insurance Corporation
Just like Pioneer Insurance & Surety Corporation, Charter Ping An Insurance Corporation specializes in non-living insurance. It also provides security products for condos and homes. In the Philippines, it has already expanded to 22 branches. Since it has established itself since the 1960s, it has also been in the business for more than 50 years.
FPG Insurance, Inc
One of the most premier insurance companies in the Philippines is FPG Insurance, Inc. It has been in the business for about 70 years, so it takes pride in offering the best security plans. The company focuses on providing risk management solutions and the best insurance policies to the Filipinos.
UCPB General Insurance Company Inc
The UCPB General Insurance Company Inc is under the wings of United Coconut Planters Life Assurance Corporation's non-life insurance branch. In its more than 50 years in the business, it is now one of the strongest players in the Philippine market when it comes to the non-life insurance business. This company has been established since 1963.
AFP Gen Car Insurance
AFP Gen Car Insurance will make every driver's life easy. According to Philippine News, this company offers an insurance program that provides a free 24-hour roadside assistance and free Auto Passenger Accident Insurance worth Php250,000. Old car owners don't have to worry as it also accepts up to 10-years-old cars. It also has over 96 accredited repair shops for more convenience.
AsianLife Car Insurance
AsianLife Car Insurance offers free Auto Passenger Accident Insurance worth of Php50,000 for five people. It also comes with more than 147 accredited repair shops that drivers can easily find. This plan is a part of AsianLife & General Assurance Corporation, which is a life and a non-life insurance company that provides a wide range of products that you may also want to check.
