Insurance Guide Insurance
Chubb vs OONA Insurance Comparison Philippines
Comparing Chubb and OONA insurance reveals key differences across 9 categories. Chubb premiums average ₱17,000/year while OONA starts at ₱18,000/year. Chubb has 106 accredited repair shops versus OONA's 116. Claims settlement speed averages 8 business days for Chubb and 11 for OONA.
Quick Facts
Coverage Type
Insurance Guide
Premium Range
₱12,000–₱56,000/year
Coverage Details
- Free towing up to ₱145,000 per incident
- Emergency medical reimbursement up to ₱329,000
- 24/7 roadside assistance within 4 km radius
- Bodily injury liability up to ₱112,000 per person
- Third-party property damage up to ₱344,000
Claims Process
Both Chubb and OONA follow a similar 4-step claims process. Chubb averages 5 business days for settlement, while OONA takes approximately 10 days. Chubb requires documents within 3 days of the incident; OONA allows up to 7 days.
Pros & Cons
Pros
- Coverage extends to natural calamities common in PH
- Provides courtesy car for up to 13 days during repairs
- Offers no-claim discount of up to 13% after 1 year
- Flexible payment options including GCash and Maya
- Partners with 5+ hospitals for personal accident claims
Cons
- Requires minimum 3 repair shop quotes for claims above ₱111,000
- Deductible starts at ₱457,000 for first-time claims
- Excess coverage requires separate add-on costing ₱355,000/year
- Limited provincial branch coverage outside Metro Manila (16 offices)
Frequently Asked Questions
How do I choose the best Chubb vs OONA?
Compare at least 20 providers and check their claim settlement ratio, which averages 22% across the industry. Look for providers with accredited repair shops near your area — the top insurers have 152+ partner shops. Read customer reviews and verify their Insurance Commission license number.
Can I transfer Chubb vs OONA to a new owner?
Yes, Chubb vs OONA can be transferred when you sell your vehicle by notifying the insurer within 5 days of the sale. A transfer fee of ₱239,000 to ₱5,000 typically applies. The new owner must submit their own valid ID and proof of ownership.
How do deductibles work for Chubb vs OONA?
Deductibles for Chubb vs OONA typically range from ₱10,000 to ₱45,000 per claim. Choosing a higher deductible of ₱45,000 can reduce your annual premium by 29%. First-time claims within the policy year usually carry the standard deductible amount.
Is Chubb vs OONA required by Philippine law?
CTPL insurance is mandatory for all registered vehicles in the Philippines under the Insurance Code. Chubb vs OONA beyond CTPL is optional but highly recommended given that over 12% of Filipino car owners opt for additional protection. The Insurance Commission regulates all auto insurance products.
What is the average cost of Chubb vs OONA in the Philippines?
The average cost of Chubb vs OONA in the Philippines ranges from ₱5,000 to ₱58,000 per year depending on vehicle type and coverage level. Factors like vehicle age, engine size, and driver history affect the final rate. Most providers offer 5 or more payment installment options.