Alliedbankers Insurance Comprehensive Car Insurance
Alliedbankers Insurance offers comprehensive auto insurance plans in the Philippines starting at ₱14,000/year. With over 245 accredited repair shops and 21 branch offices across Luzon, Visayas, and Mindanao, policyholders can expect claims processing within 9 business days. Plans cover own damage, theft, third-party liability, and Acts of Nature for vehicles valued up to ₱6 million.
Quick Facts
Coverage Type
Comprehensive
Premium Range
₱14,000–₱50,000/year
Coverage Details
- Own Damage and Theft (OD/T) coverage up to ₱195,000
- Third-party property damage up to ₱146,000
- 24/7 roadside assistance within 5 km radius
- Glass breakage and windshield repair coverage
- No-claim discount of up to 28% on renewal
- Free towing up to ₱358,000 per incident
Claims Process
Filing a claim with Alliedbankers Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8643-3205 or through the mobile app. Submit the required documents — police report, photos, and your policy details — within 5 business days. A claims adjuster will inspect the vehicle within 3 business days of document submission. Standard claims are settled within 8 business days after approval.
Pros & Cons
Pros
- Accredited in over 3 repair shops across the Philippines
- Claims processing averages 5 business days
- Partners with 13+ hospitals for personal accident claims
- Dedicated relationship manager for policies above ₱211,000
- Policy issuance within 7 hours for standard applications
Cons
- Online portal lacks some features available in-app only
- Customer service wait times average 12 minutes during peak
- Excess coverage requires separate add-on costing ₱348,000/year
- Processing time can reach 10 days for major claims