Suzuki car insurance in the Philippines - A comprehensive guideR

Suzuki is a beloved car brand in the Philippines, known for producing affordable, reliable, and fuel-efficient vehicles. Whether you're a first-time car owner or an experienced driver, securing the right insurance for your Suzuki vehicle is crucial.

We here at Carmudi have created a comprehensive guide that covers everything you need to know about Suzuki car insurance in the Philippines, from model-specific insurance highlights to common questions and considerations when choosing the best policy.

So, without any delay let’s begin.

Also Read: Your guide to car insurance payment options in the Philippines

Benefits of insuring your Suzuki

There are several benefits of insuring a Suzuki car including -

Financial protection: Car insurance provides financial coverage against the high costs of repairs and replacements following accidents, theft, or natural disasters, helping to mitigate the financial burden on the owner.

Peace of mind: Insurance offers peace of mind by covering unexpected events, ensuring that you can drive confidently knowing you are protected from significant financial risks.

Legal compliance: In the Philippines, having car car insurance is a legal requirement, particularly third-party liability insurance, ensuring that drivers meet legal obligations and avoid penalties.

Additional services: Many insurance policies include additional services such as 24/7 roadside assistance, towing, and access to a network of accredited repair shops, providing convenience and support during emergencies.

Also Read: Switching car insurance providers in the Philippines: A detailed step-by-step guide

Suzuki car models Insurance & other key highlights

Suzuki Ertiga

Price: Starting from PHP 899,000

Insurance premium: PHP 11,073

The Suzuki Ertiga is a popular 7-seater MPV (Multi-Purpose Vehicle) ideal for families who need space without compromising on style and comfort. The Ertiga offers a balance of performance and practicality with its modern design, comfortable interior, and efficient fuel consumption. It features advanced safety technologies, making it a reliable family vehicle for urban and suburban driving.

Safety features: Airbags, anti-lock braking system (ABS), electronic brake distribution (EBD), immobiliser.

Recommended for: Families needing a spacious, practical MPV with excellent fuel efficiency.

Suzuki Dzire

Price: Starting from PHP 609,000

Insurance premium: PHP 12,670

The Suzuki Dzire is an entry-level sedan, perfect for those new to driving or professionals seeking an affordable yet stylish car. The Dzire is designed for practicality with its compact size, making it easy to manoeuvre through city traffic. It offers a comfortable ride with a surprisingly spacious interior for its class, along with decent fuel efficiency, making it a cost-effective choice for daily commuting.

Safety features: Airbags, EBD, ABS, immobiliser.

Recommended for: First-time car owners and professionals looking for an economical yet functional sedan.

Suzuki S-Presso

Price: Starting from PHP 563,000

Insurance premium: PHP 12,862

The Suzuki S-Presso is a compact hatchback with a distinctive design that appeals to young, urban drivers. Despite its compact size, the S-Presso offers a high driving position and ample ground clearance, which is unusual for a car in its category. Its quirky, boxy design maximises interior space, making it a practical choice for city driving while maintaining a budget-friendly price point.

Safety features: Airbags, stability control, ABS, immobiliser.

Recommended for: Urban drivers looking for an affordable, compact vehicle with unique styling.

Suzuki Celerio

Price: Starting from PHP 708,000

Insurance premium: PHP 14,392

The Suzuki Celerio is a small hatch that is highly regarded for its fuel efficiency and compact dimension, making it an excellent choice for city commuters. The car features a modern and minimalist design with a surprisingly roomy interior and advanced safety features. Furthermore, the small Suzuki is favoured by many for its low running costs and ease of maintenance, thus making it ideal for budget conscious buyers.

Safety features: Airbags, rear parking sensors, stability control, immobiliser.

Recommended for: Commuters and city drivers on a budget that prioritises practicality and fuel efficiency.

Suzuki Swift

Price: Starting from PHP 972,000

Insurance premium: PHP 14,495

The Suzuki Swift is undoubtedly a stylish and sporty hatch that offers a dynamic driving experience with a sleek and modern design. The car is equipped with a powerful yet efficient engine, making it suitable for young urban drivers who enjoy a responsive and engaging ride. Also, the automaker has loaded the car with advanced safety features, making it a fun and safe ride for commuters.

Safety features: Airbags, immobiliser, ABS, EBD, and stability control.

Recommended for: Young city drivers looking for a sporty, compact car with a blend of style and performance.

Suzuki APV

Price: Starting from PHP 733,000

Insurance premium: PHP 14,584

The Suzuki APV (All-Purpose Vehicle) is a versatile vehicle that can easily accommodate eight passengers, thus making it an ideal choice for large families and even businesses that require a vehicle capable of carrying passengers and cargo. The car is designed for utility, as it offers a spacious interior with super flexible seating arrangements, all of which makes it suitable for various purposes - from family outings to commercial purposes.

Safety features: Airbags, rear parking sensors, and electronic door locks.

Recommended for: Perfect for families and small businesses in need of a reliable and spacious multi-purpose vehicle.

Suzuki Jimny

Price: Starting from PHP 1,285,000

Insurance premium: PHP 21,890

The Jimny is a compact SUV with robust off-road capabilities, making it an instant favourite among adventure and outdoor enthusiasts. Despite its compact size, the Jimny is good to go in rugged terrain all thanks to its ladder-frame chassis, 4WD system, and high ground clearance. Also, its retro design and versatile nature make this Suzuki stand out both on city streets and off-road trails.

Safety features: Airbags, immobiliser, ABS, and stability control.

Recommended for: Off-road enthusiasts and drivers who value a unique, adventurous vehicle.

Also Read: Suzuki PH unleashes Jimny 5-door

Suzuki XL7

Price: Starting from PHP 1,181,000

Insurance premium: PHP 21,941

The Suzuki XL7 is an SUV-styled MPV that blends rugged looks with practical features. It offers a spacious interior with three rows of seating, making it suitable for large families or groups. The XL7 is designed to provide comfort and convenience on long drives, with a host of modern features, advanced safety systems, and a robust build that gives it a commanding presence on the road.

Safety features: Airbags, ABS, EBD, security alarm, and immobiliser.

Recommended for: Families or individuals who need a spacious, versatile vehicle with an SUV's styling and features.
Disclaimer: The figures mentioned above are tentative and absolute figures may vary at the time of policy purchase.

Factors affecting Suzuki car insurance cost

Car model & year: Newer and more technologically advanced models generally come with higher insurance premiums due to their higher market value and repair costs.
Example: Models like the Suzuki Jimny or XL7, which have higher market values, come with more expensive insurance compared to entry-level models like the S-Presso or Celerio.

Driver’s profile: The driver’s age, driving experience, and location significantly influence insurance costs.

Example: Younger drivers or those with limited experience may face higher premiums due to perceived higher risk.

Vehicle usage: Vehicles used for commercial purposes or those that cover long distances regularly may attract higher premiums due to the increased risk of accidents or wear and tear.

Example: The Suzuki APV, often used for business purposes, might incur higher insurance costs if used commercially.

Deductibles: Choosing a higher deductible can reduce your insurance premium, but it also means higher out-of-pocket expenses when filing a claim. This is a trade-off between lower regular payments and the potential cost burden after an incident.

Also Read: Top 10 tips for reducing your car insurance costs in the Philippines

Bottom line

Insuring your Suzuki vehicle in the Philippines is not just a legal necessity but a critical step in protecting your investment and ensuring your peace of mind. It doesn’t matter if you drive the compact S-Presso or the adventurous Jimny, understanding the factors that influence insurance costs, the benefits of comprehensive coverage, and the unique features of each model will help you make an informed decision.

Also Read: 10 Factors that determine your car insurance premium