Comprehensive

SGI Philippines Comprehensive Car Insurance

SGI Philippines offers comprehensive auto insurance plans in the Philippines starting at ₱17,000/year. With over 167 accredited repair shops and 38 branch offices across Luzon, Visayas, and Mindanao, policyholders can expect claims processing within 8 business days. Plans cover own damage, theft, third-party liability, and Acts of Nature for vehicles valued up to ₱5 million.

Annual Premium

₱17,000–₱62,000/year

Coverage Items

Pros / Cons

5 / 4

Coverage Highlights

Authorized repair shops across 13 locations nationwide

Own Damage and Theft (OD/T) coverage up to ₱283,000

Emergency medical reimbursement up to ₱75,000

Fire and lightning damage protection

Free towing up to ₱142,000 per incident

Claims Process

Filing a claim with SGI Philippines involves 4 steps. First, report the incident within 24 hours by calling (02) 8092-5097 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 12 business days after approval.

Pros & Cons

Advantages

24/7 customer hotline with average hold time under 6 minutes
Partners with 19+ hospitals for personal accident claims
Quick approval for minor claims under ₱387,000
Policy issuance within 17 hours for standard applications
Online policy management and renewal portal available

Drawbacks

Customer service wait times average 3 minutes during peak
Excess coverage requires separate add-on costing ₱78,000/year
Depreciation rate of 15% per year on vehicle valuation
No coverage for vehicles older than 4 years

Frequently Asked Questions

Does SGI Philippines cover Acts of Nature?

Yes, SGI Philippines includes Acts of Nature coverage in their standard plans, protecting against typhoons, floods, and earthquakes. The coverage limit is up to ₱342,000 per incident. This is especially important given the country averages 19 typhoons per year.

Can I pay SGI Philippines premiums in installments?

SGI Philippines offers installment payment plans of up to 18 months for annual premiums above ₱304,000. Monthly payments include a small processing fee of 29%. Credit card, bank transfer, GCash, and Maya are accepted.

How long does SGI Philippines take to process claims?

SGI Philippines processes standard claims within 3 business days from submission of complete documents. Major claims involving third parties may take up to 40 days. You can track your claim status through their online portal.

What is the minimum premium for SGI Philippines?

The minimum annual premium for SGI Philippines starts at ₱219,000 for basic plans. This rate applies to vehicles valued under ₱708,000. Additional coverage options may increase the total premium.

What vehicles does SGI Philippines not cover?

SGI Philippines does not cover vehicles older than 13 years, those with salvage titles, or vehicles used for racing. Commercial vehicles above 8 tons require a separate commercial policy. Modified vehicles need prior approval and may carry a 27% surcharge.

Alliedbankers Insurance Comprehensive Car Insurance

₱14,000–₱50,000/year

Alpha Insurance Comprehensive Car Insurance

₱12,000–₱44,000/year

Asia Insurance Philippines Comprehensive Car Insurance

₱17,000–₱57,000/year

Asia United Insurance Comprehensive Car Insurance

₱15,000–₱49,000/year

AXA Philippines Comprehensive Car Insurance

₱13,000–₱35,000/year

Bethel General Insurance Comprehensive Car Insurance

₱12,000–₱42,000/year

All Insurance Providers