According to the United Nations, 1 person dies every 24 seconds due to road accidents. In the Philippines alone, road accidents ranked 13th when it came to the cause of death of Filipinos nationwide last 2022. Transportation Secretary Jaime Bautista even reported there have been 11,000 individuals who have died from road accidents in the same year.
This is why here at Pacific Union, we would like to inform you the reasons why Motor Car Insurance is so important.
Financial Protection
Motor Car Insurance protects you from unforeseen events such as accidents, theft, vandalism, and more. It can cover the repair in case your vehicle is damaged and can even replace it in the event of theft or total loss.
By getting motor insurance, you will be protected from the financial burden of paying for the damage to your vehicle.
Peace of Mind
Knowing that your motor vehicle is covered can give you and your loved ones the peace of mind you deserve and a sense of security. Accidents can happen at any time and knowing you have motor car insurance can ease the fears of financial implications.
With it, you can drive with confidence knowing you are protected from the covered risks on the road.
Third-Party Liability
Third-party liability protects you financially from legal liabilities arising from damage caused by your vehicle. This coverage can help you pay for medical bills, legal fees, property damage repairs, and more.
Multiple Coverage
Pacific Union’s Motor Car Insurance plan will ensure that you and your family are protected from different kinds of losses. We cover Own Damage, Theft, Bodily Injury, Third-Party Damage, Personal Accident Ride, and Acts of Nature (AON). Contact us today so you too can protect what matters most.
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DOTr raises concern over increase in deaths due to road accidents