If you are planning to buy a YAMAHA YZF R3 in the Philippines, first you need to think about buying a comprehensive motorcycle insurance. The price of Yamaha Yzr R3 in the Philippines is around 259,000 pesos, moreover it must be covered by the comprehensive motorcycle insurance. This kind of insurance covers theft projections, own damages, road side assistance and other benefit which you can read below.
Comprehensive Cover with VTPL BI/PD | |||||
Description | Coverage | Premium | |||
Own Damage/Theft | 259,000.00 | 7,252.00 | |||
Acts of God (AOG) | 259,000.00 | INCLUSIVE | |||
Bodily Injury (BI) | 200,000.00 | 135.00 | |||
Property Damage (PD) | 200,000.00 | 720.00 | |||
Auto PA | 150,000.00 | FREE | |||
Aspire Auto Assist | 600.00 | ||||
Basic Premium | 8,707.00 | ||||
TAXES | |||||
Documentary Stamp | 1,088.38 | ||||
Value Added Tax | 1,044.84 | ||||
Local Government Tax | 43.54 | ||||
ADMIN FEE | 500.00 | ||||
COC Fee | 0.00 | ||||
Total Premium | PHP 11,383.75 | ||||
Total Sum Insured | 809,000.00 |
Personal Accident for Driver and Passengers (Auto PA) up to authorized seating capacity with OD / Theft Cover:
Accidental Death and Disablement – P 75, 000.00 per person
Medical Reimbursement P15, 000.00 per person
Burial Expense Benefit P15, 000.00 per person Riot, Strike, Civil Commotion Cover (RSCC) ASPIRE LIFESTYLE AUTO ASSISTANCE PROGRAM
ASPIRE LIFESTYLE AUTO ASSISTANCE PROGRAM
1. TOWING: Maximum of PHP 5000 per event – towing from residence is covered. EXCLUSIONS: Mechanical breakdown due to lack of water, petrol and secondary towing. Towing to assured’s residence, CASA to CASA.
2. MINOR ON SITE REPAIR: Maximum of PHP 5,000.00 per event. Maximum 3 events.
3. ALTERNATIVE TRAVEL ASSISTANCE: Php 2,000.00 per event up to residence/destination – (going to residence) (if vehicle cannot be repaired within 6 hours)
4. ARRANGEMENT FOR RENTAL TRANSPORT (travel to assured’s destination)
5. VEHICLE REMOVAL (e.g. fall into ravine) Maximum of Php 10,000.00 with crane.
6. HOTEL ACCOMMODATION: Maximum Php 2,000.00
7. RETURN OF THE DRIVER: Maximum Php 2,000.00 8. REPATRIATION OF VEHICLE
Deductible: Ps 500 in respect of OD claims, (each and every loss) + Ps500 for theft claims, (each and every loss)