The Mercantile Insurance Co., Inc.
Having the confidence that you've been fully covered while driving on the road can help you stay ahead of the unexpected. Mercantile Car Insurance begins with valuable protection against costs associated with any damage from collision or non-collision related incidents, whether a small dent from a car accident or even emergency medical costs, we got them covered.
The Mercantile Insurance Co., Inc.
Get the full protection you deserve with Mercantile Car Insurance. It provides a comprehensive auto insurance for you and your loved one while you're driving on the road. Inquire now and have you free quotes in just minutes!Overview
- Vehicle Use
- Private
- Allow Custom Retail:
- Yes
- Allow Customer Fleet:
- Yes
- Allow Foreigners:
- Yes
Cover Details and Options
| Cover Type | Vehicle Type | Minimum Insured Value | Maximum Insured Value | Maximum Vehicle Age |
|---|---|---|---|---|
| Comprehensive | Sedan | PHP0.00 | PHP20,000,000.00 | 8 |
| Compulsory Third Party Liability (CTPL) | Sedan | PHP0.00 | PHP100,000.00 | 10 |
| Comprehensive | SUV, AUV, Van, Pickup | PHP0.00 | PHP20,000,000.00 | 8 |
| Compulsory Third Party Liability (CTPL) | SUV, AUV, Van, Pickup | PHP0.00 | PHP100,000.00 | 10 |
Covered Risks
| Risk Type | Included in Basic Cover | Deductible |
|---|---|---|
| Own Damage/ Theft | Additional Premium | N/A |
| Acts of Nature | Additional Premium | N/A |
| Strike, Riot, Civil Commotion | Additional Premium | N/A |
Product Advantages and Limitations
- Benefit
- Accepts up to 8-year old cars
Fees
| Fee Type | Fixed Fee Range | Premium Percentage |
|---|---|---|
| Documentary Stamps | PHP0.00-PHP20,000,000.00 | 0.12500% |
| Value Added Tax | PHP0.00-PHP20,000,000.00 | 0.12000% |
| Local Government Tax | PHP0.00-PHP20,000,000.00 | 0.00200% |
Regional Workshops
| Province | City/Municipality | Number of Workshops |
|---|---|---|
| Metro Manila | Quezon City | 20 |
| Metro Manila | Makati | 6 |
| Metro Manila | Las Pinas | 5 |
| Metro Manila | Pasig | 9 |
| Metro Manila | Paranaque | 3 |
| Cavite | Imus | 2 |
| Metro Manila | Taguig | 2 |
| Metro Manila | Mandaluyong | 3 |
| Metro Manila | Manila | 5 |
| Metro Manila | Marikina | 1 |
| Rizal | Cainta | 2 |
| Metro Manila | Pasay | 1 |
| Metro Manila | Muntinlupa | 2 |
| Cavite | Dasmarinas | 1 |
| Pangasinan | Dagupan | 8 |
| Pangasinan | Calasiao | 4 |
| Pangasinan | Urdaneta | 1 |
| Benguet | Baguio | 4 |
| Pampanga | Angeles | 1 |
| Laguna | Biñan | 1 |
| Laguna | Calamba | 3 |
| Laguna | San Pablo | 1 |
| Batangas | Sto Tomas | 1 |
| Batangas | Lipa | 1 |
| Quezon | Lucena | 1 |
| Albay | Legazpi City | 2 |
| Albay | Daraga | 2 |
| Camarines Sur | Naga | 1 |
| Cebu | Cebu | 5 |
| Leyte | Tacloban | 1 |
| Leyte | Ormoc | 1 |
| Cebu | Mandaue | 1 |
| Negros Occidental | Bacolod | 7 |
| Iloilo | Iloilo | 4 |
| Misamis Oriental | Cagayan de Oro | 4 |
| Davao del Sur | Davao | 13 |
| Davao del Norte | Tagum | 2 |