Car Insurance In the Philippines

Well Jim, most of your questions I cannot answer, however I did buy a Car over there and insure it through our BPI Bank, which is also where we bought the Car from, this being a Bank Repo, this happened to be a Honda which I immediately had taken it to the main dealers for a safety check before driving it from Cebu to Negros island, the dealer had actually sold this Car to the original owner and had it on its books, it was 16months old and they told me if I were to get it serviced this would keep the further 20 months new warranty intact, this cost me P4,500 so I jumped at the chance. If I do remember correctly the price of this Car new was P1.1M, I bought it at 16months of age and paid P638,000 it had 9K in Klms on the clock, my ex-partner there still has this, now being 8yrs of age, as far as I know this has never given any problems?

The Honda garage would insure this for me and Full Comp was P35,000, I checked this with the Bpi and they also could provide insurance, fully comp for P15K but they could provide a policy that covers all natural disasters, such a Coconut falling from a tree, flooding and wind damage for P20K, which is what I opted for, there seems to be not such thing as NCD there, but what does happens as the Car ages the policy price drops around P1K a year. I never did need to claim when I was there so just how good it was I will never know? You would think it would be good when it is being provided by any Bank establishment?

To be honest I never did research my Policy and what it really did offer then I did have a little more trust in the Philippines than I do now, Now I consider the Philippines to be the Land of the Stupid and the people too stupid to know they're Fecking stupid?

The way they build Houses there in CHB is about as dumb as it gets but sadly so many Soper Dumb Foreigners use this same model to build their own Super western styled Houses, Sorry I know this is a little off Topic but Jim as a Scotsman you will appreciate my wee bit 'O' banter here.

I was just checking the Emma App and noticed I'm also a member of the AXA Motor club, an "Elite Member" which gives me access to a few other bens:





Whether any of it actually works and therefore worth having I have no idea but seems like they are trying to do the right thing.