Insurance Guide

How to Get Fleet Insurance — Philippines Guide

This guide covers how to get fleet insurance for Filipino car owners in 5 clear steps. The process typically takes 3 business days and may cost between ₱2,500 and ₱7,000 depending on your insurer. Over 115,000 Filipino drivers complete this process each year, and understanding the requirements can save you up to ₱5,000 in fees.

Annual Premium

N/A (guide)

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

Emergency medical reimbursement up to ₱266,000

Loss of use allowance of ₱2,500/day for up to 10 days

Free towing up to ₱358,000 per incident

Riot, strike, and civil commotion coverage

Claims Process

Relevant claims steps for how to get fleet insurance: gather your OR/CR, valid ID, and incident documentation. Contact your insurer within 18 hours. Submit all paperwork to the nearest branch or upload via the insurer's portal. Processing takes 18 business days on average.

Pros & Cons

Advantages

Accepts installment payments up to 11 months interest-free
Offers no-claim discount of up to 22% after 1 year
Policy issuance within 14 hours for standard applications
Free annual vehicle inspection at partner service centers
Accredited in over 11 repair shops across the Philippines

Drawbacks

Online portal lacks some features available in-app only
Excess coverage requires separate add-on costing ₱258,000/year
Processing time can reach 19 days for major claims
Premium increases by 21% after a claim within 12 months

Frequently Asked Questions

What is the average cost of How to Get Fleet Insurance in the Philippines?

The average cost of How to Get Fleet Insurance in the Philippines ranges from ₱11,000 to ₱29,000 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 13 or more payment installment options.

What documents are needed for How to Get Fleet 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 15 minutes to complete online.

How do I choose the best How to Get Fleet Insurance?

Compare at least 16 providers and check their claim settlement ratio, which averages 24% across the industry. Look for providers with accredited repair shops near your area — the top insurers have 269+ partner shops. Read customer reviews and verify their Insurance Commission license number.

How do deductibles work for How to Get Fleet Insurance?

Deductibles for How to Get Fleet Insurance typically range from ₱8,000 to ₱35,000 per claim. Choosing a higher deductible of ₱35,000 can reduce your annual premium by 12%. First-time claims within the policy year usually carry the standard deductible amount.

Is How to Get Fleet Insurance required by Philippine law?

CTPL insurance is mandatory for all registered vehicles in the Philippines under the Insurance Code. How to Get Fleet Insurance beyond CTPL is optional but highly recommended given that over 20% of Filipino car owners opt for additional protection. The Insurance Commission regulates all auto insurance products.

Acts of Nature Coverage Guide Philippines

₱3,000–₱13,000/year (add-on)

Annual vs Monthly Premium Insurance Comparison Philippines

₱14,000–₱57,000/year

Autosweep vs Easytrip Insurance Insurance Comparison Philippines

₱13,000–₱40,000/year

AXA vs BPI MS Insurance Comparison Philippines

₱15,000–₱63,000/year

AXA vs Malayan Insurance Comparison Philippines

₱14,000–₱45,000/year

AXA vs Standard Insurance Comparison Philippines

₱10,000–₱45,000/year

All Insurance Providers