In short
It pays the same ₱200,000 limit as a car's CTPL. Comprehensive cover is priced at 1.40% of the bike's value for own damage and theft.
That rate is in the IC motor tariff (official source) as of 1 January 2015. On a ₱120,000 motorcycle that is ₱1,680 a year before other covers and taxes.
Magkano ang insurance ng motor? CTPL: ₱250 isang taon.
- CTPL, 1 year
- ₱250, taxes included (IC Memorandum Circular 4-2006, since 1 January 2007)
- CTPL, 3 years
- ₱720, taxes included
- CTPL limit
- ₱200,000, same as cars (IC Memorandum Circular 2024-01, since 2024)
- Own damage and theft rate
- 1.40% of value (IC tariff as of 1 January 2015)
- Deductible
- ₱500 or 1.0% of value, whichever is higher (IC tariff as of 1 January 2015)
- Policy form
- IC standard Motorcycle Policy (Annex E, IMC 2022-02, from 1 July 2023)
How much is CTPL for a motorcycle?
The IC tariff puts motorcycles, tricycles and trailers in one class. You need CTPL to register or renew at the LTO, the same as a car, and the LTO registration guide lists the other papers.
Online sellers charge their own all-in price, which includes authentication and IT fees.
In 2016 an IC deputy commissioner (official source) put the all-in motorcycle CTPL at no more than ₱315.40. OONA and Standard sell below that today, and OONA's motorcycle CTPL includes ride-hailing use.
BPI MS (official source) also sells motorcycle CTPL online with an e-policy issued on the spot. Once you buy, confirm the policy reaches LTO records with how to check if a vehicle is insured.
| Seller | 1 year | 3 years |
|---|---|---|
| IC tariff (IMC 4-2006) | ₱250 | ₱720 |
| OONA (official source), online | ₱290 | – |
| Standard Insurance (official source), online | ₱300.40 | ₱770.40 |
| Cibeles, online | ₱420.40 | ₱890.00 |
What motorcycle CTPL pays, and for whom
CTPL pays for death or injury you cause to third parties, never for the bike. The Insurance Code, Sec. 386(c) (official source) leaves passengers, members of your household and your employees at work out of the term third party.
Sec. 390(b) sets a motorcycle floor of ₱12,000, but in 2024 IC Memorandum Circular 2024-01 (official source) raised every vehicle's limit to ₱200,000.
Your back rider is still not left out entirely. Under the no-fault rule, an occupant claims from the insurer of the vehicle they were riding.
That pays up to ₱30,000 per person without proving who caused the crash.
Work out what your premium adds up to
Example value to start. Pick your car or type the value your insurer uses.
The percentage on your quote.
Bodily injury, property damage and personal accident premiums from your quote.
Set by the city or municipality, up to 0.75%. The IC's CTPL table uses 0.75%.
Own damage and theft on a ₱1,000,000 car
₱15,656.25 to ₱46,968.75 a year
The IC motor tariff band of 1.25% to 3.75% of the car's value, as of 1 January 2015, with stamp tax, VAT and local tax added. The rate on your quote decides your actual premium. Acts of nature, bodily injury and property damage cost extra.
The tax working, on the CTPL premium for a private car
- Basic premiumCTPL premium, private car (IC tariff)
- ₱447.11
- Documentary stamp tax12.5% of basic premium (NIRC Sec. 184)
- ₱55.89
- VAT12% of basic premium (NIRC Sec. 108)
- ₱53.65
- Local government tax0.75% of basic premium
- ₱3.35
- Total for the year
- ₱560.00
Type the rate or premium on your quote to see your own total. The CTPL total here matches the Insurance Commission's ₱560.00.
Comprehensive motorcycle insurance: the IC rates
A comprehensive motorcycle policy adds damage to and theft of the bike, plus higher liability limits. The IC tariff has its own motorcycle column, separate from cars.
Its own damage and theft rate is a single 1.40%, not a range, and the deductible is lower than a car's. Choose comprehensive cover if the bike is financed or you could not replace it from savings.
Otherwise CTPL alone meets the law, but it never pays for the bike itself.
Liability above CTPL is cheaper too. The table shows the IC premiums for motorcycle bodily injury and property damage limits.
| Cover | Motorcycle rate or premium |
|---|---|
| Own damage and theft | 1.40% of value |
| Theft only | 0.30% of value |
| Fire only | 0.40% of value |
| Deductible | ₱500 or 1.0% of value, whichever is higher (IC tariff as of 1 January 2015) |
| Bodily injury, ₱50,000 / ₱100,000 / ₱250,000 | ₱75 / ₱105 / ₱150 |
| Property damage, ₱50,000 / ₱100,000 / ₱250,000 | ₱450 / ₱555 / ₱795 |
Example: insuring a ₱120,000 motorcycle
This is plain arithmetic on the IC motorcycle rate, as of 1 January 2015, and a stated bike value. Your insurer's quote may differ, so check it in the calculator above.
The deductible here is ₱1,200, because 1.0% of ₱120,000 is higher than the ₱500 minimum. You pay that ₱1,200 yourself on each own damage claim.
If your quote's total lands near ₱2,930.85 for the same lines, the insurer is pricing at the tariff rate.
| Line | Working | Amount |
|---|---|---|
| Own damage and theft | ₱120,000 x 1.40% | ₱1,680.00 |
| Bodily injury, ₱100,000 | IC tariff | ₱105.00 |
| Property damage, ₱100,000 | IC tariff | ₱555.00 |
| Total premium | Sum of the lines | ₱2,340.00 |
| Documentary stamp tax | 12.5%, NIRC Sec. 184 | ₱292.50 |
| VAT | 12% | ₱280.80 |
| Local government tax | 0.75% | ₱17.55 |
| Total amount due | Before CTPL | ₱2,930.85 |
Which insurers sell motorcycle insurance
Several insurers sell a named motorcycle product, as their sites list in October 2026. Malayan sells MotoOne, Standard Insurance sells Motorcycle Protect and Cocogen sells RideGuard.
OONA has a motorcycle page and a 6 Wheels package that insures a motorcycle and a car together.
Others write motorcycles under their motor policy. Alliedbankers, Fortune General, Liberty, SGI, Stronghold and Travellers each list a motorcycle class.
If you are buying the bike on credit, the motorcycle loan guide covers the financing side.
- Malayan
- MotoOne
- Standard Insurance
- Motorcycle Protect; CTPL ₱300.40 online
- Cocogen
- RideGuard
- OONA
- Motorcycle cover; 6 Wheels (motorcycle plus car); CTPL ₱290 online
- BPI MS
- Motorcycle CTPL online
- Motorcycle class on the motor policy
- Alliedbankers, Fortune General, Liberty, SGI, Stronghold, Travellers