They call it “Acts of God” but if you look at it as a whole, it is a glitch that most car insurance companies have dug up to avoid covering the thousands of cars that have been damaged in the Philippines the past week. Thousands of cars were damaged and left useless as a result of the storms and car insurance companies certainly went to work finding an “Escape Clause” to save them money.
Apparently this is one claim that many Filipino motorists chose to forego since based on experience, hurricanes or outrageous life-threatening events barely touched Philippine soil. That was until Typhoon Ondoy came in. So now, turning to car insurance for aid was a big letdown, especially for the ones who have new vehicles and paid their car insurance premiums religiously.
You have to hate car insurance companies for this. Saving on cost is one thing but including a low blow just to avoid paying for the damages on their clients (damages that they totally could not avoid) was certainly something motorists could do without during this state of calamity in the Philippines. Business is business but if only to help get the country back to its feet, the best they could do is forego this for now or perhaps shoulder at least a portion of the car repairs that thousands are busy with at the moment. This is one reason why you will really hate car insurance, especially in the Philippines!
Tags: acts of god, business is business, calamity in the philippines, car insurance companies, car insurance premiums, car repairs, damages, glitch, hurricanes, letdown, low blow, motorists, new vehicles, outrageous life, philippine daily inquirer, philippines business, soil, state of calamity, storms, typhoon ondoy