According to the World Health Organization (WHO), up to 50 million people suffer from non-fatal injuries from car crashes, and many of them result in disability or dismemberment. Furthermore, the WHO reported that road traffic accidents cost most countries approximately 3% of their Gross Domestic Product (GDP).
That is on a global scale. But things are just as alarming here in the Philippines. That’s because according to a 2016 Traffic Accident Report by the Metro Manila Accident Recording and Analysis System (MMARAS), an average of 299 crash incidents occur each day, and approximately 22,840 Filipinos suffered non-fatal injuries from these. The agency added that cars take up the majority of these reported road crashes, amassing 108,307 cases on file, followed by motorcycles (23,105 cases), trucks (19,614 cases), and vans (18,772cases).
With serious figures like these, it’s a sad truth that no matter how careful you are on the road, there’s always a considerable amount of danger to you, your loved ones, and your property (in this case, your vehicle). And that’s just for starters as the repercussions of these crashes result in economic loss for you, physical and mental trauma, and other unpleasant effects.
This is the reason why it’s still wise to partner your vehicle with a capable motor insurance provider which will catch your back, should these things happen. In the Philippines, there are countless motor vehicle insurance providers that offer unique features, perks, and privileges. And you can find them in all sorts of mediums like print and TV. But with today’s advent of digital technology, you can also shop online. This is where online-based motor vehicle insurance aggregators like eCompareMo can help you.
eCompareMo provides assistance from comparison, policy issuance, to claims processing and renewal of comprehensive car insurance—faster and often with more reasonable prices than going direct to an agent.
It’s best to be armed with knowledge, of course. While getting financial protection from motor accidents is not rocket science, you need to understand the various factors to consider, ensuring that you’re getting the perfect car insurance at the best rates. To help you with this, here’s a handy shopping guide from eCompareMo’s Car Insurance Section.
