As the world starts to open up, Filipinos are now enjoying more mobility – more people are returning to onsite work, traveling to provinces, and visiting their hometowns, among others. This means that more people are spending time on the road again more often. Total car sales also reached 292,842 units in 2021, an increase from the 244,274 units sold in 2020, according to the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Association of Vehicle Importers and Distributors Inc. (AVID).
Buying a vehicle is a huge investment, and one that you need to protect. One way to do this is by having a reliable insurance product that protects your vehicle as well your loved ones from harm and third party liabilities. It will also have more financial benefits for you in the long run, and with the recent oil price hikes, we don’t want to add more unnecessary expenses.
