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Schedule of Rates for Motor Car
IC tariffs for motor car
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COi'T/lERCIAL VEHBLES
Own Damage and Theft
Thefl only
1.25
-
1-a
1-b
qo
Own Damage and Theft
goods carrying vehicle / hire cars
buses
Thefl only
Fire only
1.00
0.s0
Fire only
'
.3.75
As of 01 January 2015
For motor car vehicles used for racing, pacemakrng,
reliability tnal or speed testing, a 20% surcha.ge on
the rate shall be added
Vehicles having dualpurpose bodies, i.e. fitied with
passenger seats and wdh goods carrying
-Tarff
capabilities, shall be rated under Pnvate Car
and a Private Car Policy shall be added
N
1-a
B
1-b
0 5% ot sum insu.ed (S I
)
1.30
0.30
1.50
2.00
1.75
1.25
0.30
0.50
tncycle
0.50
Theft only
Flre only
For moto. vehicles used for hauling and/or carrying
logs, lumber, sand, gravel, bottled beverages,
gasoline producls. andlor other inflammable ari cles
N
B
Subject to loading of up to '100'/0
Deductible: the deduclible shall be 1 .25% of the sum insured
Subject lo a maxrmum loading of up lo 100% for
vehicles over 3 years od and 125% for vehicles
1 lo 3 years old
or P4 000 whichever is higher
iTOTORCYCLES (with or wlihout side car)
Vehicles having dual purpose bodies ie. ftted with
passenger seats and wlh goods carrying
capabrlities. shall be rated under Private Car
and a Private Car PolLcy shall be added.
whichever is higher
TRA SPORTATrc OPERATORS {LTOI
Own Damage and Theft
AC. PUJ. taxi & tourist car
mini bus & PUB
tourist bus
'l.25
or materials, a 20olo surcharoe on the rate shall be
added
1-c
Deductible: mrn of P2.000 or
LAND
Own Damage and Theft
Theft only
't.40
Fire only
Taiff
0.40
0.30
Deductible discount:
-
0 75% of S I : min
P3,000
P4,000
Deductiblo: min. of P3,000or'1 0%of sum insured
6.00 %
1.00% of S I ; min
12.00
for higher deductibles the level of discounts will be
al lhe discretion of lhe lnsurer
1
2
3.
4.
5
6
7
'
Private Cars (including
jeeps & ulllily vehicles)
Light/medrum Trucks (own
goods) nol over 3.930 kgs
Heavy Trucks (own goods)
and Privale Busos over
3 930 kgs.
AC and Tourist Cars
Tax. PUJ and l\,ilini Bus
PUB and Tourist Bus
Motorcycles/Trcycles/
Trailers
laxes included
p€mtum.
LII\4ITS OF
v".-f3 v"*.
560
610
1,200
VOLUNTARY THIRD PARTY LIABILITY
BODILY INJUBY PRE]IIIUMS
CV-OWN GOODS
PRIVATE
CAR
50 000
75 000
1.754
100.000
270
3.440
150 000
200 000
345
420
510
585
675
780
L/M
225
250 000
300 000
740
2.120
400 000
1,100
1,450
250
3 150
4,150
500.000
750,000
720
1000,000
1S5
345
405
485
420
555
915
1050
H
t\40ToR
CYCLES
L
750
855
945
1050
90
05
20
35
50
IVI TS OF
COVER
50 000
75,000
100 000
855
r50 000
200 000
250.000
300.000
5't 0
585
660
for higher deduclibles the level of discounts will be at the
discretion of the lnsurer
345
225
1,6T 0
-
a/.
2.00% ofs I : min P6 000
14.00
for higher deduclibles the level ot disco!nts will be
al lhe discrelion of the nsurer
(P100,000.00)
1
Dgductible discounc
7.00
1 50% ol S l.: rnrn P4,500
Compulsory Tiird Party Liability Cov€rs
min of P500 or 1.0% of the s[rm insured (S I ),
whichever is higher
Deductible discount:
-
t
f
Deductiblei
(S.1.)
whichever s higher
750
VOLUNTARY THIRD PARTY LIAEILITY
PROPERW DAMAGE PREMIUMS
PRIVATE
CV.OWN GOODS
UM
H
CAR
975
1050
200
035
095
170
320
975
400,000
1095
500.000
395
515
635
1230
750.000
920
1365
1 000 000
1110
1170
1245
1320
1395
1485
245
290
450
510
645
395
720
455
7S5
157 5
515
590
1680
2100
2535
680
2245
2730
ACTS OF NATURE(AON)* cove. - 0.50% (minimum rate)
refers to flood, typhoon, hurricane. volcanic eruption.
earthquake and othea convulsions of
'
l\rlOTOR
CYCLES
nature
n
-z/
