Combined Package Insurance

Commonwealth Insurance Combined Insurance (Comprehensive + CTPL)

Commonwealth Insurance bundles comprehensive and CTPL coverage into a single policy priced from ₱16,000 to ₱50,000/year. This eliminates the need to manage 2 separate policies and saves an average of ₱3,000 compared to buying them individually. The combined plan covers 11 risk categories including own damage, theft, Acts of Nature, and mandatory third-party liability.

Quick Facts

Coverage Type

Combined Package

Premium Range

₱16,000–₱50,000/year

Coverage Details

  • Own Damage and Theft (OD/T) coverage up to ₱478,000
  • Bodily injury liability up to ₱241,000 per person
  • Fire and lightning damage protection
  • Acts of Nature coverage (typhoon, flood, earthquake)
  • Riot, strike, and civil commotion coverage
  • Third-party property damage up to ₱354,000

Claims Process

Filing a claim with Commonwealth Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8473-9175 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

  • Offers no-claim discount of up to 11% after 1 year
  • Coverage extends to natural calamities common in PH
  • Partners with 8+ hospitals for personal accident claims
  • Online policy management and renewal portal available
  • Quick approval for minor claims under ₱342,000

Cons

  • Depreciation rate of 26% per year on vehicle valuation
  • Processing time can reach 17 days for major claims
  • Requires minimum 3 repair shop quotes for claims above ₱138,000
  • Excess coverage requires separate add-on costing ₱164,000/year

Frequently Asked Questions

How long does Commonwealth Insurance take to process claims?
Commonwealth Insurance processes standard claims within 14 business days from submission of complete documents. Major claims involving third parties may take up to 44 days. You can track your claim status through their online portal.
What vehicles does Commonwealth Insurance not cover?
Commonwealth Insurance does not cover vehicles older than 19 years, those with salvage titles, or vehicles used for racing. Commercial vehicles above 4 tons require a separate commercial policy. Modified vehicles need prior approval and may carry a 29% surcharge.
How do I file a claim with Commonwealth Insurance?
To file a claim with Commonwealth Insurance, call their 24/7 hotline within 6 hours of the incident and submit photos plus a police report within 37 days. Required documents include your policy number, valid ID, and the official incident report. Claims can also be initiated through their mobile app.
Can I pay Commonwealth Insurance premiums in installments?
Commonwealth Insurance offers installment payment plans of up to 7 months for annual premiums above ₱103,000. Monthly payments include a small processing fee of 28%. Credit card, bank transfer, GCash, and Maya are accepted.
Does Commonwealth Insurance cover Acts of Nature?
Yes, Commonwealth Insurance includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱301,000 per incident. This is especially important given the country averages 10 typhoons per year.

Other Combined Package Providers

Alliedbankers Insurance Combined Insurance (Comprehensive + CTPL)

₱24,000–₱69,000/year

Asia Insurance Philippines Combined Insurance (Comprehensive + CTPL)

₱16,000–₱48,000/year

Asia United Insurance Combined Insurance (Comprehensive + CTPL)

₱23,000–₱61,000/year

BPI MS Insurance Combined Insurance (Comprehensive + CTPL)

₱25,000–₱40,000/year

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