Owning a Changan is more than purchasing a vehicle—it's an investment in your mobility, your family's safety, and your daily lifestyle. While safe driving helps reduce risks, unexpected events such as road accidents, theft, fire, floods, and other natural calamities can happen at any time.
Comprehensive Motor Insurance is designed to provide financial protection against these unforeseen events. Instead of bearing the full cost of repairs or replacement, your insurance policy helps cover eligible expenses according to the terms and conditions of your coverage.
At Changan, we work with trusted insurance providers to help you choose a policy that offers the right balance of protection, value, and convenience. Our Finance & Insurance Team is here to assist you—from selecting the right coverage to supporting you throughout the claims process.
What is Comprehensive Motor Insurance?
Comprehensive Motor Insurance is a policy that provides extensive financial protection for your vehicle beyond the minimum insurance required by law.
Unlike Compulsory Third-Party Liability (CTPL) Insurance, which only covers legal liability for death or bodily injury to third parties, Comprehensive Motor Insurance may include protection for your own vehicle, liability to third parties, theft, and coverages such as Acts of Nature and Personal Accident, depending on the policy you choose.
For customers purchasing a vehicle through financing, Comprehensive Motor Insurance is generally required by financing institutions for the duration of the loan to help protect both the vehicle owner and the lender.
Why is Comprehensive Motor Insurance Important?
Motor insurance is not only about complying with financing requirements—it is about protecting your finances and providing peace of mind.
Without insurance, you may have to shoulder the full cost of:
- Vehicle repairs after an accident
- Replacement if your vehicle is stolen
- Damage caused by floods, typhoons, or earthquakes (if covered)
- Legal liability for damage to another person's property
- Medical expenses or compensation related to third party injuries, where covered
Comprehensive Motor Insurance helps reduce these financial risks and allows you to recover more quickly from unexpected events.
Benefits of Comprehensive Motor Insurance
Financial Protection
Helps cover the cost of repairs or replacement resulting from covered incidents, reducing unexpected out-of-pocket expenses.
Peace of Mind
Drive with greater confidence knowing that your vehicle is protected against many unforeseen risks.
Protection Against Theft
Provides financial protection if your insured vehicle is stolen or declared a total loss due to theft, subject to the policy terms.
Coverage for Natural Calamities
Acts of Nature coverage may protect your vehicle against flood, typhoon, earthquake, landslide, volcanic eruption, and similar natural events.
Third-Party Liability Protection
Provides coverage for certain legal liabilities if you accidentally cause damage to another person's property or bodily injury to third parties, within the limits of your policy.
Convenient Claims Assistance
Many insurers offer claims support and work with accredited repair facilities to help restore your vehicle efficiently.
Access to Authorized Repair Facilities
Repairs may be completed by accredited workshops using quality parts and approved repair standards, depending on your insurer and chosen repair facility.
Preserve Your Vehicle's Value
Prompt repairs using appropriate repair methods and quality replacement parts can help maintain the condition and value of your vehicle.
Types of Coverage
Own Damage coverage helps pay for repairs to your insured vehicle when it is damaged due to a covered accident, collision, or other insured event.
Examples:
- Collision with another vehicle
- Impact with a wall or post
- Damage caused by overturning
- Falling objects
If your insured vehicle is stolen and not recovered, or qualifies as a covered total loss due to theft, your insurance policy may provide compensation according to its terms.
If you accidentally damage another person's property while driving your insured vehicle, this coverage may pay for repair or replacement costs up to the policy limit.
Examples include:
- Another vehicle
- Residential gate
- Fence
- Building
- Utility post
- Third-Party Bodily Injury
Provides coverage for your legal liability arising from bodily injury or death sustained by third parties due to the use of your insured vehicle, subject to policy limits and exclusions.
Offers financial benefits to the driver and, where included, passengers who suffer injury, disability, or death resulting from a covered accident.
Protects your vehicle from certain natural hazards.
Covered events may include:
- Flood
- Typhoon
- Earthquake
- Landslide
- Volcanic eruption
This coverage has become increasingly important in the Philippines due to the country's exposure to severe weather and natural disasters.
Some insurers include roadside assistance services such as:
- Emergency towing
- Battery jump-start
- Flat tire assistance
- Fuel delivery
- Locksmith assistance
Availability depends on the insurer and policy.
Common Exclusions
Customers should also understand what Comprehensive Motor Insurance typically does not cover. While exclusions vary by insurer and policy, common examples include:
- Intentional or fraudulent damage
- Driving under the influence of alcohol or illegal drugs
- Unauthorized or illegal use of the vehicle
- Mechanical or electrical breakdown due to normal wear and tear
- Damage resulting from racing or speed competitions
- Failure to take reasonable care of the vehicle
- Losses excluded under the policy's terms and conditions
Why Buy Insurance Through Changan?
Purchasing your insurance through our dealership offers several advantages:
- Access to accredited insurance providers
- Competitive insurance quotations
- Convenient one-stop processing
- Assistance in selecting the right coverage
- Support with policy renewals
- Dedicated claims assistance
- Coordination with accredited repair facilities
Our goal is to make the insurance process simple, transparent, and convenient throughout your ownership journey.
Insurance Claims Process
We understand that filing an insurance claim can feel overwhelming. Our Finance & Insurance Team is here to guide you through every step.
Step 1
Ensure everyone's safety and contact emergency services if necessary.
Step 2
Report the incident to your insurance company or contact the Changan Claims Insurance Team as soon as possible.
Step 3
Gather the required documents, such as: - Insurance policy - Driver's license - OR/CR - Police report (if applicable) - Photos of the incident - Claim forms
Step 4
Your insurer will assess the claim and inspect the vehicle if required.
Step 5
Once approved, repairs will be carried out at an accredited repair facility or the claim will be settled according to the policy.
Want to learn more?
Frequently Asked Questions (FAQs)
Comprehensive Motor Insurance is generally required for financed vehicles during the loan period. For fully paid vehicles, it is optional but strongly recommended for added financial protection.
CTPL is the minimum insurance required for vehicle registration and primarily covers liability for bodily injury or death of third parties. Comprehensive Motor Insurance offers broader protection, including your own vehicle and additional optional coverages, depending on the policy purchased.
Yes. Flood and other natural hazard coverage is commonly provided.
Yes. Customers may choose from accredited insurance providers that meet the financing institution's requirements.
Insurance premiums vary based on factors such as the vehicle model, insured value, coverage selected, and the insurer's underwriting guidelines.
Yes. Our Finance & Insurance Team can assist you with annual insurance renewals, policy reviews, and claims support.