PhilAm Insurance Comprehensive Car Insurance
PhilAm Insurance offers comprehensive auto insurance plans in the Philippines starting at ₱14,000/year. With over 195 accredited repair shops and 23 branch offices across Luzon, Visayas, and Mindanao, policyholders can expect claims processing within 12 business days. Plans cover own damage, theft, third-party liability, and Acts of Nature for vehicles valued up to ₱2 million.
Quick Facts
Coverage Type
Comprehensive
Premium Range
₱14,000–₱44,000/year
Coverage Details
- Loss of use allowance of ₱2,500/day for up to 10 days
- Personal accident coverage for driver and up to 12 passengers
- Authorized repair shops across 9 locations nationwide
- Bodily injury liability up to ₱407,000 per person
- 24/7 roadside assistance within 11 km radius
- Excess bodily injury up to ₱218,000
Claims Process
Filing a claim with PhilAm Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8916-9011 or through the mobile app. Submit the required documents — police report, photos, and your policy details — within 5 business days. A claims adjuster will inspect the vehicle within 3 business days of document submission. Standard claims are settled within 13 business days after approval.
Pros & Cons
Pros
- Flexible payment options including GCash and Maya
- Accepts installment payments up to 14 months interest-free
- Coverage extends to natural calamities common in PH
- Claims processing averages 12 business days
- Quick approval for minor claims under ₱411,000
Cons
- Limited provincial branch coverage outside Metro Manila (8 offices)
- Online portal lacks some features available in-app only
- No coverage for vehicles older than 16 years
- Requires minimum 3 repair shop quotes for claims above ₱303,000