Benefits of Buying Comprehensive Car Insurance PH

If you just bought a new car in the Philippines, you may be on the journey to getting it insured. Comprehensive car insurance PH is the best type of insurance for your car. This is because it provides protection from a wide range of risks that you may experience when you start driving your car. Comprehensive covers generally give car owners the most peace of mind compared to other auto insurance covers that are offered by insurance companies. The following are some of the common benefits of a comprehensive car insurance cover.

First of all, comprehensive car insurance PH will cover you from total loss of your car. Total loss of a car may arise when your car is stolen, and is not recovered thereafter. This can happen if the car is cannibalized for parts, or if it is driven to another country. Since the spare part market is very lucrative in the Philippines, it is possible to lose a car to thieves who plan to strip the car and sell spares.

 Total loss of your car can also happen when the car is written off after an accident. In this case, total cost of repairs would exceed at least 50 percent of the sum assured. Insurance providers prefer to write off such cars instead of repairing them. If your car is involved in a fire, this can also amount to total loss of your car. If the fire completely burns the car, then the car is a total loss. In these cases, the insurance company will settle your claim, and you will be able to get a new car. This would not be possible if you choose to buy third party car insurance.

For more information on the benefits of buying comprehensive car insurance PH, visit our website at https://ichoose.ph/