Insurance Guide Insurance

Excess Bodily Injury Coverage Guide Philippines

Excess Bodily Injury coverage protects Filipino car owners against specific losses, with typical limits ranging from ₱254,000 to ₱4,147,000. Approximately 30% of comprehensive policies in the Philippines include excess bodily injury protection. The Insurance Commission requires all providers to clearly disclose excess bodily injury terms, and 27 major insurers currently offer this as part of their standard or add-on packages.

Quick Facts

Coverage Type

Insurance Guide

Premium Range

₱2,000–₱14,000/year (add-on)

Coverage Details

  • Riot, strike, and civil commotion coverage
  • Personal accident coverage for driver and up to 19 passengers
  • Excess bodily injury up to ₱328,000
  • Bodily injury liability up to ₱310,000 per person

Claims Process

Filing a excess bodily injury claim requires photographic evidence taken within 24 hours and a police or barangay report. Submit all documents within 5 business days. The insurer's adjuster will assess damages within 5 working days, and approved claims are settled within 30 business days.

Pros & Cons

Pros

  • Quick approval for minor claims under ₱498,000
  • Free annual vehicle inspection at partner service centers
  • Provides courtesy car for up to 3 days during repairs
  • Policy issuance within 4 hours for standard applications
  • Accepts installment payments up to 4 months interest-free

Cons

  • Requires minimum 3 repair shop quotes for claims above ₱219,000
  • Premium increases by 11% after a claim within 12 months
  • No coverage for vehicles older than 13 years
  • Depreciation rate of 13% per year on vehicle valuation

Frequently Asked Questions

What documents are needed for Excess Bodily Injury 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.
What is the average cost of Excess Bodily Injury coverage in the Philippines?
The average cost of Excess Bodily Injury coverage in the Philippines ranges from ₱9,000 to ₱59,000 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.
What is the claims ratio for Excess Bodily Injury coverage?
The average claims settlement ratio for Excess Bodily Injury coverage in the Philippines is approximately 24%, meaning 24 out of 100 filed claims are approved. The top 5 insurers maintain ratios above 47%. Claims are most commonly filed for own damage (7%) followed by theft (39%).
How do I choose the best Excess Bodily Injury coverage?
Compare at least 9 providers and check their claim settlement ratio, which averages 14% across the industry. Look for providers with accredited repair shops near your area — the top insurers have 168+ partner shops. Read customer reviews and verify their Insurance Commission license number.
How do deductibles work for Excess Bodily Injury coverage?
Deductibles for Excess Bodily Injury coverage typically range from ₱14,000 to ₱52,000 per claim. Choosing a higher deductible of ₱52,000 can reduce your annual premium by 20%. First-time claims within the policy year usually carry the standard deductible amount.

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