Are you planning to buy comprehensive motorbike insurance in the Philippines? If yes, here are a few things you should know. Is motorbike insurance compulsory in the Philippines? Yes, all motorbike owners who apply for registration in the Philippines must first file for CTPL or TPL, also known as Compulsory Third-Party Liability insurance. Once insurance is obtained, the Land Transportation Office (LTO) will issue the vehicle’s registration. Note that each year, the motorbike’s registration needs to be renewed and it is the owner’s responsibility to obtain third-party liability insurance. If…
Tag: Motorbike insurance philippines
Motorbike rental insurance in the Philippines
I am planning to visit the Philippines and want to rent a motorbike, is it possible to buy insurance during my rental period? Yes, it is now possible to buy microinsurance that is designed for motorbike rentals. Book2wheel offers different type of motorbike rental insurance packages which are designed for the rider in the Philippines. Note: the microinsurance for motorbike is not only limited to book2wheel customers but anyone who rides the motorbike in the Philippines and wants to insurance himself. Book2wheel provides microinsurance through its key partner Cebuana Lhuillier…
Comprehensive motorbike insurance Philippines-Frequently asked questions
Thank you for the quotation for the two Mio bikes. I just want to clarify that the insurance policy covers damage to our own bike should an accident occur, even if it was deemed my fault and also that it is covered in the event of theft and fire. –YES IT IS COVERED FOR OWN DAMAGE, THIRD PARTY PROPERTY DAMAGE, THEFT AND FIRE As for personal injury, are we covered at all, or does the policy only cover the person you had an accident with. –YES THIS COVERS FOR BODILY INJURY FOR…
Why you should buy comprehensive motorbike insurance in the Philippines
The answer is safety. The comprehensive motorbike insurance cover’s own damage, theft protection, an act of nature, excess body injury and third party property damage. If you own a motorbike, it is important that you should get comprehensive insurance for your motorbike. It is a one-time payment and it covers you for one year. If you are renting out your motorbike or own a motorbike rental business it is very important that you get comprehensive motorbike insurance in the Philippines. Most of the renter like to have comprehensive insurance and they are…
Comprehensive motorcycle insurance in the philippines
Motorcycle insurance service in the Philippines- Book2wheel motorbike sharing service. You can also earn up to 12000 Pesos a month by renting out your motorbike. Book2wheel provides a service connecting people to motorbike owners. It also provides service which connects motorbike owners to insurance brokers and agents. You are provided with direct communication from our recommended insurance companies. What does motorbike insurance cover? The premium insurance covers own damage/theft, acts of nature (force majeure), personal bodily injury, excess bodily injury, and third party property damage. Who can avail this…