Charter Ping An Insurance Comprehensive Car Insurance
Charter Ping An Insurance offers comprehensive auto insurance plans in the Philippines starting at ₱14,000/year. With over 277 accredited repair shops and 27 branch offices across Luzon, Visayas, and Mindanao, policyholders can expect claims processing within 15 business days. Plans cover own damage, theft, third-party liability, and Acts of Nature for vehicles valued up to ₱2 million.
Quick Facts
Coverage Type
Comprehensive
Premium Range
₱14,000–₱64,000/year
Coverage Details
- Own Damage and Theft (OD/T) coverage up to ₱261,000
- No-claim discount of up to 10% on renewal
- Third-party property damage up to ₱190,000
- Riot, strike, and civil commotion coverage
- Excess bodily injury up to ₱457,000
- Fire and lightning damage protection
Claims Process
Filing a claim with Charter Ping An Insurance involves 6 steps. First, report the incident within 24 hours by calling (02) 8084-9189 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 7 business days after approval.
Pros & Cons
Pros
- Policy issuance within 6 hours for standard applications
- Accepts installment payments up to 11 months interest-free
- Quick approval for minor claims under ₱435,000
- 24/7 customer hotline with average hold time under 15 minutes
- Provides courtesy car for up to 13 days during repairs
Cons
- Customer service wait times average 15 minutes during peak
- Excess coverage requires separate add-on costing ₱458,000/year
- No coverage for vehicles older than 6 years
- Limited provincial branch coverage outside Metro Manila (16 offices)