AXA Philippines and Toyota launch first Pay-How-You-Drive insurance product in the country

Get premium incentives based on how you drive with Connected Toyota Insure

Leading insurance provider AXA Philippines together with leading mobility company Toyota Motor Philippines (TMP) has officially launched Connected Toyota Insure, the first Pay-How-You Drive car insurance product in the country. 

Connected Toyota Insure is an advanced and comprehensive car insurance product under MyToyota Connect suite of services that considers how the vehicle is used when computing the premium due. This insurance product makes use of a connected device, a technology that monitors vehicles via a network to achieve safe, secure, comfortable, and convenient vehicle usage which users can access through the MyToyota app. Customers will be given a driving score based on their driving habits such as cornering, braking, and acceleration.  A higher score with low mileage driven corresponds to a bigger premium discount wherein customers can receive a renewal premium reduction of up to 25%. 

LOOK: These hybrid cars let you save the environment and some pocket money while traveling!

Mobility has become more than just going from point A to point B.  In the Philippines, more things have to be considered when traveling such as road traffic, faster routes, fuel expenses, and environmental hazards. With that, more and more alternatives have been introduced such as walking, cycling, and driving electric vehicles.

For the same reasons, Philippine Saving Bank (PSBank) partnered with Toyota Motor Philippines (TMP) to offer Say Hi To Hybrid Auto Loan Promo, making Hybrid Electric Vehicles (HEVs) like Toyota’s Corolla Cross 1.8V Hybrid and Corolla Altis 1.8V Hybrid CVT more accessible to Filipinos. For its technology, HEVs are easily a better option for sustainable transportation.