Commonwealth Insurance Comprehensive Car Insurance
Commonwealth Insurance offers comprehensive auto insurance plans in the Philippines starting at ₱15,000/year. With over 160 accredited repair shops and 37 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 ₱3 million.
Quick Facts
Coverage Type
Comprehensive
Premium Range
₱15,000–₱52,000/year
Coverage Details
- Authorized repair shops across 3 locations nationwide
- Fire and lightning damage protection
- Bodily injury liability up to ₱293,000 per person
- Glass breakage and windshield repair coverage
Claims Process
Filing a claim with Commonwealth Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8522-8987 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 15 business days after approval.
Pros & Cons
Pros
- Flexible payment options including GCash and Maya
- Partners with 15+ hospitals for personal accident claims
- Mobile app available for iOS and Android with claims tracking
- Claims processing averages 3 business days
- Accepts installment payments up to 6 months interest-free
Cons
- Limited provincial branch coverage outside Metro Manila (10 offices)
- Premium increases by 24% after a claim within 12 months
- Depreciation rate of 29% per year on vehicle valuation
- Excess coverage requires separate add-on costing ₱323,000/year