How to Compare Car Insurance Quotes in the Philippines (2026)

In short

Since 1 July 2023 every insurer issues the IC standard Private Car Policy (official source), so the core cover reads the same everywhere. A rate gap of 0.25 points on a ₱1,000,000 car is ₱2,500 a year before taxes.

Policy wording

Same IC standard form at every insurer since 1 July 2023 (IMC 2022-02)

Own damage and theft rate

1.25% to 3.75% of value (IC tariff, as of 1 January 2015)

Standard deductible

0.50% of value, minimum ₱2,000 (IC standard policy, from 1 July 2023)

Taxes on every quote

12.5% DST (NIRC Sec. 184), 12% VAT (NIRC Sec. 108), up to 0.75% LGT (LGC Sec. 144)

Online quote, no agent

OONA, Standard, Pioneer, Malayan, Cocogen (October 2026)

What to line up on every car insurance quote

Put the quotes side by side and read them as a schedule. A lower total often hides a lower sum insured, a higher deductible or a missing cover.

Fix the sum insured first, because every other line moves with it. Choose the lower total only when the sum insured, deductible and covers match.

Otherwise ask the cheaper insurer to requote on the same lines.

Then compare one row at a time. Taxes are the same percentages everywhere, so a gap in the total comes from the premium lines above them.

The comparison is done when every row matches except the rate, and the lower rate is the cheaper cover. To rebuild any quote from its rate, use the premium calculator.

What you need for an online car insurance quotation

Most online flows ask for the car's registration details or your contact details before they show a price. Have your OR/CR, driver's licence and current policy ready.

Mercantile now trades as FPG Mercantile, after its merger with FPG on 19 May 2026. Cocogen's online quotation form (official source) asks for OR/CR and licence copies up front.

Each insurer's own rules are on its profile: OONA, Standard Insurance, Cocogen and FPG Mercantile.

Named drivers, age limits and modified cars

You do not need to list every driver. The standard policy (official source) covers you and any authorized driver: anyone driving on your order or with your permission who holds a licence for that car.

A driver whose licence had expired is still covered for CTPL, but not for damage to your car.

Age limits apply mostly to the car, not to you. Malayan quotes AutoMaster for cars up to 8 years old, and Pioneer sells online up to 10 years.

Cocogen takes online clients aged 18 and over.

Modifications go on the schedule. It has separate lines for air conditioning, stereo, mag wheels and other accessories, each with its own value.

Racing or speed testing is excluded unless you pay 20% more. Declare each accessory on its own schedule line, with its value, before you buy.

The largest non-life insurers by premiums (2025)

Size does not set your price, but it is the figure people ask for when they search for the best insurer.

The Insurance Commission ranking for 2025 (official source) sorts non-life companies by gross premiums written across all lines, not car insurance alone. The 2025 figures are unaudited.

Two names on the list need a note. Insurance Company of North America is Chubb's licensed company and does not sell private car insurance.

FPG and Mercantile appear separately because they merged in May 2026. Use the finder above to see who sells online, then compare their quotes row by row.