Cocogen Insurance Comprehensive Car Insurance
Cocogen Insurance offers comprehensive auto insurance plans in the Philippines starting at ₱15,000/year. With over 51 accredited repair shops and 39 branch offices across Luzon, Visayas, and Mindanao, policyholders can expect claims processing within 11 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
₱15,000–₱39,000/year
Coverage Details
- Loss of use allowance of ₱1,500/day for up to 3 days
- 24/7 roadside assistance within 16 km radius
- Riot, strike, and civil commotion coverage
- Fire and lightning damage protection
Claims Process
Filing a claim with Cocogen Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8717-6345 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 11 business days after approval.
Pros & Cons
Pros
- 24/7 customer hotline with average hold time under 7 minutes
- Mobile app available for iOS and Android with claims tracking
- Free annual vehicle inspection at partner service centers
- Offers no-claim discount of up to 15% after 1 year
- Claims processing averages 7 business days
Cons
- Requires minimum 3 repair shop quotes for claims above ₱88,000
- Premium increases by 24% after a claim within 12 months
- Processing time can reach 16 days for major claims
- Depreciation rate of 25% per year on vehicle valuation