Comprehensive

Commonwealth Insurance Comprehensive Car Insurance

Commonwealth Insurance offers comprehensive auto insurance plans in the Philippines starting at ₱15,000/year. With over 160 accredited repair shops and 37 branch offices across Luzon, Visayas, and Mindanao, policyholders can expect claims processing within 11 business days. Plans cover own damage, theft, third-party liability, and Acts of Nature for vehicles valued up to ₱3 million.

Annual Premium

₱15,000–₱52,000/year

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

Authorized repair shops across 3 locations nationwide

Fire and lightning damage protection

Bodily injury liability up to ₱293,000 per person

Glass breakage and windshield repair coverage

Claims Process

Filing a claim with Commonwealth Insurance involves 5 steps. First, report the incident within 24 hours by calling (02) 8522-8987 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 15 business days after approval.

Pros & Cons

Advantages

Flexible payment options including GCash and Maya
Partners with 15+ hospitals for personal accident claims
Mobile app available for iOS and Android with claims tracking
Claims processing averages 3 business days
Accepts installment payments up to 6 months interest-free

Drawbacks

Limited provincial branch coverage outside Metro Manila (10 offices)
Premium increases by 24% after a claim within 12 months
Depreciation rate of 29% per year on vehicle valuation
Excess coverage requires separate add-on costing ₱323,000/year

Frequently Asked Questions

Does Commonwealth Insurance cover Acts of Nature?

Yes, Commonwealth Insurance includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱54,000 per incident. This is especially important given the country averages 16 typhoons per year.

How long does Commonwealth Insurance take to process claims?

Commonwealth Insurance processes standard claims within 10 business days from submission of complete documents. Major claims involving third parties may take up to 37 days. You can track your claim status through their online portal.

What vehicles does Commonwealth Insurance not cover?

Commonwealth Insurance does not cover vehicles older than 17 years, those with salvage titles, or vehicles used for racing. Commercial vehicles above 3 tons require a separate commercial policy. Modified vehicles need prior approval and may carry a 29% surcharge.

What is the minimum premium for Commonwealth Insurance?

The minimum annual premium for Commonwealth Insurance starts at ₱57,000 for basic plans. This rate applies to vehicles valued under ₱515,000. Additional coverage options may increase the total premium.

Can I pay Commonwealth Insurance premiums in installments?

Commonwealth Insurance offers installment payment plans of up to 11 months for annual premiums above ₱148,000. Monthly payments include a small processing fee of 10%. Credit card, bank transfer, GCash, and Maya are accepted.

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