Nissan car insurance in the Philippines: A comprehensive guide

When you own a car in the Philippines, be it of any brand, Toyota, Nissan, or Mitsubishi, it is essential to secure the right car insurance. Why? For the much-needed peace of mind and financial protection. While we have already discussed the Toyota and Mazda models' car insurance costs in detail, it is time to focus on Nissan’s car insurance needs and costs.

Nissan vehicles, known for their reliability and versatility, are popular among Filipino drivers. Whether you own a compact Nissan Almera or a powerful Nissan Navara, understanding the nuances of car insurance tailored to your specific model is crucial.

We here at Carmudi have curated a guide to walk you through everything you need to know about Nissan car insurance in the Philippines, including model prices, descriptions, estimated insurance costs, and key highlights. So, let’s get started but before that, it is good to have an overview of what a typical car insurance includes in the Philippines.

Car insurance in the Philippines

Before diving into Nissan-specific details, it’s essential to understand the basics of car insurance in the Philippines. Car insurance typically includes:

Compulsory Third-Party Liability (CTPL) Insurance: This is the minimum requirement by law and covers third-party bodily injuries or deaths caused by your vehicle.

Comprehensive Car Insurance: This offers broader coverage, including protection against damage to your vehicle, theft, natural calamities, and more

In addition, car insurance policies can be enhanced with various add-ons, which provide additional protection and benefits beyond standard coverage. These add-ons are designed to address specific risks or needs, making your insurance policy more comprehensive and tailored to your circumstances. Some of the most common add-ons available are -

Acts of Nature (AON) coverage: This is often an add-on to comprehensive insurance, protecting against natural disasters like typhoons, floods, and earthquakes, which are common in the Philippines.

Personal accident coverage: This add-on provides financial compensation in the event of death, permanent disability, or injury to the driver and passengers resulting from a car accident.

Theft and vandalism coverage: It covers the loss or damage to your vehicle due to theft or vandalism. It includes compensation for stolen vehicles and repair costs for damages caused by attempted theft or vandalism.

Zero depreciation: This coverage allows an applicant to claim the full value of parts replaced after an accident without considering the depreciation of those parts.

Roadside assistance: This coverage is invaluable for those drivers who frequently travel long distances or in remote areas. It ensures you’re not stranded when facing unexpected car troubles.

Loss of use coverage: Loss of use coverage compensates the policyholder for the cost of renting a car or using public transportation while your vehicle is being repaired due to a covered claim.

Personal effects coverage: This add-on covers the loss or damage to personal belongings inside your vehicle due to theft or accidents. For example, mobile, laptop, and other valuable items.

Enhanced third-party liability coverage: It provides higher limits of coverage than the mandatory Compulsory Third-Party Liability (CTPL) insurance. It covers legal liabilities arising from bodily injury or death of third parties and property damage caused by your vehicle.

Passenger personal accident coverage: Similar to personal accident coverage for the driver, this add-on provides coverage for passengers in the event of injury or death due to a car accident.

Towing coverage: This add-on covers the cost of towing your vehicle to the nearest repair facility after an accident or breakdown. And sometimes even the labour costs for services performed at the site of the breakdown.

Also Read: Why every Filipino driver needs car insurance

Nissan car models Insurance & other key highlights

Disclaimer: The below-mentioned figures are tentative and absolute figures may vary at the time of policy purchase.

Nissan Almera

Price: Starting from PHP 779,000

Estimated annual insurance cost: PHP 15,000 - PHP 25,000

The Nissan Almera is a compact sedan known for its spacious interior and fuel efficiency. It's an ideal choice for city driving and offers a comfortable ride with its advanced safety features.

Insurance highlights:

• Affordable premiums
• Excellent safety coverage
• Low cost for repair or replacement parts.

Nissan Navara

Price: Starting from PHP 1,071,000

Estimated annual insurance cost: PHP 20,000 - PHP 35,000

The Nissan Navara is a robust pickup truck designed for both urban and off-road adventures. It combines toughness with advanced technology and is a favourite among drivers who need a reliable vehicle for various terrains.

Insurance highlights:

• Comprehensive coverage is recommended due to high repair costs
• Optional off-road and flood protection

Nissan Terra

Price: Starting from PHP 1,664,000

Estimated annual insurance cost: PHP 25,000 - PHP 40,000

The Nissan Terra is a mid-size SUV that offers ample space, advanced safety features, and impressive off-road capabilities. It’s perfect for families who enjoy weekend getaways and need a vehicle that can handle rough roads.

Insurance highlights:

• High coverage is recommended due to advanced tech features and high market value, particularly for natural disasters

Nissan Patrol

Price: Starting from PHP 4,758,000

Estimated annual insurance cost: PHP 40,000 - PHP 60,000

The Nissan Patrol is a luxury SUV known for its powerful performance and premium features. It’s designed for those who want top-of-the-line comfort and safety in a vehicle that can conquer any terrain.

Insurance highlights:

• Comprehensive insurance with maximum coverage is suggested due to its high value and expensive repair costs.

Nissan Leaf

Price: Starting from PHP 2,798,000

Estimated annual insurance cost: PHP 20,000 - PHP 35,000

The Nissan Leaf is an electric vehicle (EV) that represents the future of eco-friendly driving. It’s perfect for environmentally conscious drivers who want to reduce their carbon footprint without sacrificing performance.

Insurance highlights:

• Specialised EV insurance recommended
• Battery and electrical components coverage with additional coverage for charging equipment

Nissan Kicks e-Power

Price: Starting from PHP 1,239,000 - PHP 1,539,000

Estimated annual insurance cost: PHP 18,000 - PHP 28,000

The Nissan Kicks e-POWER is a revolutionary subcompact crossover that utilises Nissan’s e-POWER technology, combining a gasoline engine and an electric motor to deliver efficient and powerful performance. It's designed for urban drivers who prioritise fuel efficiency without compromising on power.

Insurance highlights:

• Consider add-ons like zero depreciation and roadside assistance to maximize coverage for this technologically advanced vehicle.

Nissan Livina

Price: Starting from PHP 1,069,000 - PHP 1,209,000

Estimated annual insurance cost: PHP 17,000 - PHP 27,000

The Nissan Livina is a versatile MPV (Multi-Purpose Vehicle) that combines style, comfort, and practicality. It’s ideal for families needing a spacious vehicle for daily commutes and long trips, offering flexible seating arrangements and modern conveniences.

Insurance highlights:

• Consider personal accident coverage for passengers, especially if used for family transportation.
• Acts of Nature coverage is also advisable for those in flood-prone areas.

Nissan Urvan

Price: Starting from PHP 1,229,000

Estimated annual insurance cost: PHP 20,000 - PHP 30,000

The Nissan Urvan is a reliable and spacious van popular for both commercial use and large family transportation. Its robust build and capacity to carry multiple passengers or cargo make it a versatile choice for businesses.

Insurance highlights:

• Specialised EV insurance that covers battery and electric motor components is essential.
• Add-ons like personal effects coverage can be beneficial for drivers who frequently use the Leaf for daily commutes.

Nissan GT-R

Price: PHP 12,445,000

Estimated annual insurance cost: PHP 60,000 - PHP 100,000

The Nissan GT-R is a high-performance sports car that is celebrated for its speed, agility, and advanced engineering. Often referred to as "Godzilla" in the automotive world, the GT-R is a top choice for car enthusiasts and those who crave adrenaline on the road.

Insurance highlights:

• Maximum coverage for collision, theft, and liability is recommended due to the vehicle’s high value and performance capabilities.
• Consider zero depreciation and comprehensive accident coverage.

Nissan Z

Price: PHP 3,888,000

Estimated annual insurance cost: PHP 35,000 - PHP 55,000

The Nissan Z is the latest in Nissan's lineup of iconic sports cars, combining classic styling with modern performance. It’s designed for drivers who appreciate driving dynamics and the thrill of a powerful engine paired with precise handling.

Insurance highlight:

• Focus on high-value collision and comprehensive coverage, especially for new vehicles.
• Coverage for accessories and modifications might also be necessary if the car is customised.

Things to remember when insuring high-value Nissan models

For high-value models like the Nissan Patrol, GT-R, and Z, it’s important to not only opt for comprehensive insurance but also to consider the following:

Zero depreciation: Given the high cost of parts and repairs, zero depreciation coverage ensures that you receive the full claim amount without any deductions for wear and tear.

Theft protection: High-performance and luxury cars are often targets for theft, making theft and vandalism coverage a crucial part of your insurance plan.

Custom modifications: If you’ve made modifications to your Nissan, especially on models like the GT-R or Z, ensure these are declared and covered in your insurance policy to avoid any disputes during claims.

Comprehensive personal accident coverage: For sports cars like the GT-R and Z, where the risk of high-speed accidents might be higher, comprehensive personal accident coverage is essential for both the driver and passengers.

Remember, by tailoring your insurance policy with these considerations, you can ensure that your Nissan is fully protected, allowing you to enjoy your driving experience with confidence.

Bottom line

Owning a Nissan in the Philippines comes with the responsibility of protecting your vehicle with the right car insurance. Whether you drive an economical Nissan Almera or a luxurious Nissan Patrol, it is recommended to know various insurance options, coverage options, add-ons, and the associated costs.

Invest in the best insurance for your Nissan today, and enjoy the freedom and security that comes with comprehensive coverage.

Also Read: Top car insurance picks in the Philippines; know which one is right for you