Insurance Guide Insurance
Jetour Car Insurance Guide Philippines
Insuring a Jetour vehicle in the Philippines costs an average of ₱12,000/year for comprehensive coverage. With 17 models currently sold in the PH market, premiums vary based on the vehicle's market value, engine displacement, and theft rate. Jetour ranks #8 in insurance affordability among major brands, with 10 insurers offering brand-specific discounts.
Quick Facts
Coverage Type
Insurance Guide
Premium Range
₱7,000–₱32,000/year
Coverage Details
- Free towing up to ₱217,000 per incident
- Authorized repair shops across 7 locations nationwide
- Bodily injury liability up to ₱371,000 per person
- 24/7 roadside assistance within 4 km radius
Claims Process
Claims for Jetour vehicles follow the standard insurer process. Most Jetour owners report claim resolution within 17 business days. Jetour has 68 authorized service centers in the Philippines, which most insurers accept for cashless repairs. Parts availability for Jetour models averages 6 business days.
Pros & Cons
Pros
- Coverage extends to natural calamities common in PH
- Accepts installment payments up to 13 months interest-free
- Dedicated relationship manager for policies above ₱490,000
- Free annual vehicle inspection at partner service centers
- Offers no-claim discount of up to 24% after 1 year
Cons
- Premium increases by 10% after a claim within 12 months
- Excess coverage requires separate add-on costing ₱361,000/year
- Requires minimum 3 repair shop quotes for claims above ₱237,000
- Depreciation rate of 28% per year on vehicle valuation
Frequently Asked Questions
Is Jetour car insurance required by Philippine law?
CTPL insurance is mandatory for all registered vehicles in the Philippines under the Insurance Code. Jetour car insurance beyond CTPL is optional but highly recommended given that over 7% of Filipino car owners opt for additional protection. The Insurance Commission regulates all auto insurance products.
What is the claims ratio for Jetour car insurance?
The average claims settlement ratio for Jetour car insurance in the Philippines is approximately 19%, meaning 19 out of 100 filed claims are approved. The top 5 insurers maintain ratios above 45%. Claims are most commonly filed for own damage (9%) followed by theft (19%).
What is the average cost of Jetour car insurance in the Philippines?
The average cost of Jetour car insurance in the Philippines ranges from ₱11,000 to ₱69,000 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 19 or more payment installment options.
What documents are needed for Jetour car insurance?
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 17 minutes to complete online.
How do I choose the best Jetour car insurance?
Compare at least 4 providers and check their claim settlement ratio, which averages 29% across the industry. Look for providers with accredited repair shops near your area — the top insurers have 151+ partner shops. Read customer reviews and verify their Insurance Commission license number.