SGI Philippines Car Insurance
SGI Philippines General Insurance Company, Inc. (formerly Monarch Insurance Company, Inc.)
By Aditya AmanPublished Oct 3, 2026Updated Oct 4, 2026Editorial PolicyLives in the Philippines and has driven nearly every Luzon expressway with his family.SGI Philippines, called Monarch Insurance until 2014, sells Private Car Insurance (official source) with theft, total loss, third-party liability, personal accident and acts of nature. Its own extra is a Zero Depreciation add-on that pays replaced parts without the usual age deduction.
Call +63 2 8848 0188Official site
Licensed under Certificate of Authority 2025/65-R, on the Insurance Commission list of 31 August 2026 (official source). Its only official website is sgiphils.com.ph.
What SGI Philippines sells
Private Car Insurance
- Theft, loss, or damage beyond repair
- Third-party liability: bodily injury and property damage
- Personal accident
- Acts of nature
- Zero Depreciation add-on, available only on a comprehensive policy
Commercial Vehicle Insurance
- Motor cover for commercial vehicles
Motorcycle Insurance
- Motor cover for motorcycles
Buy through: Application form and Insure Now buttons on SGI's site, Licensed SGI agents (agent list as of 30 September 2026).
SGI Philippines coverage at a glance
- Own damage and theft
- Included. Zero Depreciation add-on pays replaced parts without depreciation
- Excess bodily injury
- Included
- Third-party property damage
- Included
- Auto personal accident
- Included
- Acts of nature
- Included. Listed among the essential covers on SGI's private car page
How to file an SGI Philippines claim
- Secure the scene
Make the accident area safe first, as SGI's own claim steps begin.
- Document the scene
Keep a record of the scene for the claim. If there is no police report, SGI accepts a notarised affidavit or its own Accident Report Form.
- Notify SGI
Call +63 2 8848 0188, the round-the-clock notification line on SGI's private car page (official source).
- Send the documents
SGI runs motor claims paperless, so scans of the papers below are enough.
- Police report, notarised affidavit or SGI Accident Report Form
- CR and current OR
- Driver's licence and OR
- Get the Letter of Authorisation
Repair starts once SGI issues a Letter of Authorisation to the shop. That letter is the sign your claim is approved for repair.
Documents to have ready
4 of 4 still to gather
Before you buy
- Ask whether riot, strike and civil commotion is in your quote. The IC standard Private Car Policy (official source) excludes it unless added as an optional cover.
- Ask for the participation (deductible) in writing. Unless the insurer states its own figure, the IC motor tariff (official source) sets the higher of ₱2,000 or 0.5% of the sum insured.
- Parts are depreciated on own-damage claims once the car is over 3 years old, from 20% up to 40% by age, under the standard policy (official source). A total loss is settled differently.
- Tell the insurer as soon as possible after an accident, with full details, and keep every claim document. For carnapping, the policy (official source) also asks for immediate notice to the police.
- If the car is financed, name the bank as mortgagee: how to insure a financed vehicle.
- Your policy schedule and wording decide what is paid. For a dispute the insurer cannot settle, the Insurance Commission's public assistance desk takes complaints: how to file a claim.
SGI Philippines contact
- Hotline
- +63 2 8848 0188
- info@sgiphils.com.ph
- Address
- 15/F BDO Towers Valero, Paseo de Roxas, Makati City
About SGI Philippines
- Founded
- 1964
- Group
- Joint venture of Shriram Group (India) and Sanlam Group (South Africa)
SGI Philippines questions
Is SGI Philippines a legitimate car insurer?
Yes. SGI Philippines General Insurance Company is on the Insurance Commission list of 31 August 2026 (official source) under Certificate of Authority 2025/65-R. It traded as Monarch Insurance until a name change on 7 July 2014.
Its only official website is sgiphils.com.ph.
What is SGI Zero Depreciation cover?
An add-on to a comprehensive policy, also called nil depreciation or bumper-to-bumper cover, per SGI's private car page (official source). Without it, SGI pays replaced parts at their depreciated value, so an older car's owner pays the difference.
The own damage guide explains depreciation on parts.
How much is SGI car insurance?
SGI prices a policy once you fill in its application form and choose the cover. The car's value drives the premium, so run the numbers on your own model.
CTPL on its own is ₱560 a year for a private car. That premium comes from IC Memorandum Circular 4-2006 (official source), still in force in 2026.
Who owns SGI Philippines?
Shriram Group of India and Sanlam Group of South Africa own it jointly, per SGI's about page (official source). The American Foreign Insurance Association incorporated the company in 1964, and Shriram took over management in 2011.
Which repair shop can I use for an SGI claim?
SGI's claim list asks for an estimate from your preferred shop, if you have one. Work begins after SGI sends the shop a Letter of Authorisation.
Other insurers' shop rules are on the car insurance hub.
How do I check my SGI claim status?
SGI's online portal shows your policy PDF, vehicle details and claim status. For a new claim, call the 24/7 line on +63 2 8848 0188.
