Comprehensive

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.

Annual Premium

₱14,000–₱44,000/year

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

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

Advantages

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

Drawbacks

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

Frequently Asked Questions

Does PhilAm Insurance cover Acts of Nature?

Yes, PhilAm Insurance includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱370,000 per incident. This is especially important given the country averages 6 typhoons per year.

What is the minimum premium for PhilAm Insurance?

The minimum annual premium for PhilAm Insurance starts at ₱367,000 for basic plans. This rate applies to vehicles valued under ₱528,000. Additional coverage options may increase the total premium.

Can I pay PhilAm Insurance premiums in installments?

PhilAm Insurance offers installment payment plans of up to 6 months for annual premiums above ₱83,000. Monthly payments include a small processing fee of 27%. Credit card, bank transfer, GCash, and Maya are accepted.

How long does PhilAm Insurance take to process claims?

PhilAm Insurance processes standard claims within 3 business days from submission of complete documents. Major claims involving third parties may take up to 33 days. You can track your claim status through their online portal.

How do I file a claim with PhilAm Insurance?

To file a claim with PhilAm Insurance, call their 24/7 hotline within 8 hours of the incident and submit photos plus a police report within 16 days. Required documents include your policy number, valid ID, and the official incident report. Claims can also be initiated through their mobile app.

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