Car insurance tips


Every driver needs protection through the right insurance policy. With the multitude of car insurance products available, it can be difficult to find the best option and the right car insurance provider. The key to finding the best option is finding out the best coverage suited to your needs. 

In this article, the Bear gives you helpful tips on getting the car insurance that's right for you.

Check coverage types 

You may be wondering what your car insurance is insuring. While you’re buying a single insurance covering a specific vehicle, a number of factors make up the final cost:

Car Loss or Damage. Recompenses for certain events that lead to the loss or damage of your vehicles, such as fire, theft, acts of nature, riots, or even terrorism. Services of this car insurance coverage may include dealer repairs, vehicle accessories, windscreen cover and repair, and airbag re-installation, among others.


Third-Party Cover. Offers financial protection to the insured in case of damage to third-party property, or death or injury to the third party because of an accident involving the insured car.

Medical expenses. Covers for instances when the insured car’s owner or passengers end up needing medical assistance because of an accident.

Roadside assistance.Various services offered to insured vehicles under car insurance in case of breakdowns or damages. This may include towing, on-site repair, tire replacement, vehicle removal, locksmith service, security assistance, and much more.

Personal Assistance. Shoulders for certain expenses that a person had to incur related to the breakdown of the insured vehicle.

Check premium rates

The premium is the amount to be paid for the insurance policy. You might want a sports car or a fancy one, but your insurance company may charge you more to insure you while driving it. Insurance premiums are based partially on the price of the vehicle, which affects the cost of replacement if it’s stolen or “totaled” in an accident. How expensive your car is to repair – including the parts and labor can also affect the cost.

Other factors that affect your car insurance premium include:

  • Model
  • Make
  • Variant
  • Car Usage
  • Car loan

Other factors that determine your insurance cost are your age, gender, and driving record. Statistics show that single males who are under 25 pay the highest rates so, insurance companies charge young men higher premiums than women. Married men who are less likely have been involved in accidents pay less than single men.

Check the coverage

It’s important to decide the coverage you may need. It might be problematic if you don’t cover enough, but it’s also expensive to have too much insurance as well. Without insurance, your vehicle is put at risk in an accident that is your fault. Sometimes, the minimum amount of insurance required for your policy is not enough to cover for the accident.

Since rates vary widely, it would be better for a shop for insurance by comparing and consulting the largest insurers partnered with GoBear. You can find an itemized list of coverages and costs per insurance.

Ask for Discounts

Filipinos love discounts. It’ll be great if you can be awarded by the insurance companies since discounts are usually given to those customers seen as “better risk”. Here are some of the discounts you should watch out for:

  • Multiple vehicles
  • Driver education courses
  • Good student
  • Safety devices
  • Anti-theft devices
  • Low mileage
  • Good driver/renewal
  • Auto/home package
  • Dividends 

Since not all insurance companies offer discounts, you can check your chosen insurance company to see if you qualify for their promotions and discounts. Discounts might also be available if you insure your car and your home with the same company. People who pass a defensive driving course or don’t smoke often get discounts, but make sure you check each provider for qualifying promotions and discounts.


When you choose the kind of car insurance coverage you’re getting, make sure that you familiarize yourself with the benefits, assess how much you can afford, and know what you are getting by reading and analyzing the fine print on your policy. Following these tips will also help you carefully pick the best coverage options that work for you.


Looking for the best car insurance that suits your needs? Let GoBear help you find what you're looking for. Compare car insurance with GoBear today!