Do I need car insurance in Philippines?

Ryan791

I just moved to Philippines and I am wondering if I need to get car insurance. I know in some countries it is not required. Can anyone tell me if it is required in Philippines?

Greenco

Yes, car insurance is required in Philippines.

saddog715

Car insurance is not mandatory in the Philippines, but it is highly recommended. There are many reasons why car insurance is a good idea, even if it isn't required by law. For one, car insurance can help cover the costs of damages to your car or someone else's car in the event of an accident. It can also help cover the costs of medical treatment for you or anyone else involved in an accident. Finally, car insurance can provide you with peace of mind in knowing that you and your car are protected in the event of an unexpected incident.

HappyFish529

No, car insurance is not required in the Philippines. However, it is strongly recommended as it can help protect you financially in the event of an accident. Car insurance can help cover the cost of repairs or replacement, as well as any medical bills that may result from an accident.

Lazyfish613

Yes, car insurance is required in Philippines. The minimum insurance coverage requirement is Compulsory Third Party Liability (CTPL) Insurance. This type of insurance covers bodily injury and property damage caused by the insured vehicle to other people.

Harsh984

No, car insurance is not required in the Philippines. However, it is highly recommended, as it can help protect you financially in the event of an accident.