In addition to the mandatory Compulsory Third Party Liability (CTPL) insurance required by the Land Transportation Office (LTO), various car insurance coverages are available to safeguard you, your passengers, and your vehicle from potential road accidents and incidents.
- Comprehensive Car Insurance Coverage - protects against various incidents, including accidents, property damage, natural disasters, and vandalism.
- Own Damage/Theft - covers damage, loss, and declared accessories in cases like theft or fire.
- Property Damage or Voluntary Third Party Liability (VTPL) - covers damages to others' properties in accidents, regardless of fault.
- Personal Accident (Auto PA) - provides coverage for injury or death of the insured and passengers in an accident, often included for free.
- Acts of God - covers damage from natural disasters like earthquakes and floods, popular in the Philippines due to unpredictable weather.
- Liability Coverage - covers property damage and medical bills for injuries up to a specified limit in your policy.
- Collision Coverage - covers repair costs for damages to your car from collisions.
- Personal Injury Protection Coverage - covers medical expenses for you and your passengers after a road accident.