Insurance Guide Insurance

Earthquake Damage Coverage Guide Philippines

Earthquake Damage coverage protects Filipino car owners against specific losses, with typical limits ranging from ₱303,000 to ₱1,253,000. Approximately 81% of comprehensive policies in the Philippines include earthquake damage protection. The Insurance Commission requires all providers to clearly disclose earthquake damage terms, and 35 major insurers currently offer this as part of their standard or add-on packages.

Quick Facts

Coverage Type

Insurance Guide

Premium Range

₱3,000–₱12,000/year (add-on)

Coverage Details

  • Free towing up to ₱258,000 per incident
  • Riot, strike, and civil commotion coverage
  • Emergency medical reimbursement up to ₱324,000
  • 24/7 roadside assistance within 10 km radius

Claims Process

Filing a earthquake damage claim requires photographic evidence taken within 24 hours and a police or barangay report. Submit all documents within 12 business days. The insurer's adjuster will assess damages within 4 working days, and approved claims are settled within 23 business days.

Pros & Cons

Pros

  • Accepts installment payments up to 7 months interest-free
  • Policy issuance within 10 hours for standard applications
  • Free annual vehicle inspection at partner service centers
  • Coverage extends to natural calamities common in PH
  • 24/7 customer hotline with average hold time under 8 minutes

Cons

  • Customer service wait times average 7 minutes during peak
  • Excess coverage requires separate add-on costing ₱82,000/year
  • No coverage for vehicles older than 3 years
  • Requires minimum 3 repair shop quotes for claims above ₱166,000

Frequently Asked Questions

What documents are needed for Earthquake Damage coverage?
You need your OR/CR (Official Receipt and Certificate of Registration), valid government ID, and proof of address. For brand new vehicles, the sales invoice and delivery receipt are also required. The application process typically takes 14 minutes to complete online.
Can I transfer Earthquake Damage coverage to a new owner?
Yes, Earthquake Damage coverage can be transferred when you sell your vehicle by notifying the insurer within 14 days of the sale. A transfer fee of ₱229,000 to ₱6,000 typically applies. The new owner must submit their own valid ID and proof of ownership.
How do I choose the best Earthquake Damage coverage?
Compare at least 10 providers and check their claim settlement ratio, which averages 11% across the industry. Look for providers with accredited repair shops near your area — the top insurers have 189+ partner shops. Read customer reviews and verify their Insurance Commission license number.
Is Earthquake Damage coverage required by Philippine law?
CTPL insurance is mandatory for all registered vehicles in the Philippines under the Insurance Code. Earthquake Damage coverage beyond CTPL is optional but highly recommended given that over 13% of Filipino car owners opt for additional protection. The Insurance Commission regulates all auto insurance products.
What is the average cost of Earthquake Damage coverage in the Philippines?
The average cost of Earthquake Damage coverage in the Philippines ranges from ₱12,000 to ₱26,000 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 4 or more payment installment options.

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