Aired (July 26, 2024): Binahang sasakyan, motor, at bus? Kapag ba insured ang nabahang sasakyan, babayaran ba ng insurance?
Alamin ‘yan kasama ang ating #KapusoSaBatas, Atty. Gaby Concepcion.
Hosted by the country’s top anchors and hosts, 'Unang Hirit' is a weekday morning show that provides its viewers with a daily dose of news and practical feature stories.
Watch it from Monday to Friday, 5:30 AM on GMA Network! Subscribe to youtube.com/gmapublicaffairs for our full episodes.
Alamin ‘yan kasama ang ating #KapusoSaBatas, Atty. Gaby Concepcion.
Hosted by the country’s top anchors and hosts, 'Unang Hirit' is a weekday morning show that provides its viewers with a daily dose of news and practical feature stories.
Watch it from Monday to Friday, 5:30 AM on GMA Network! Subscribe to youtube.com/gmapublicaffairs for our full episodes.
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FunTranscript
00:00As long as it's about the law, he won't let it pass.
00:03Here's Atty. Gabby Concepcion, our heart of the law.
00:07Good morning, Atty. Happy Friday.
00:10Happy Friday to you too, Marie. I hope you didn't get too wet.
00:14Well, the storm really hit the Pinsalang hard.
00:18We saw that aside from the houses that got wet,
00:21a lot of cars, tricycles, and motorcycles also got wet.
00:26Even the buses got wet.
00:29Some even said that they have insurance and that it's okay.
00:33Well, what does the law say about this?
00:36Well, ask me, ask Atty. Gabby.
00:46Atty., as long as the vehicle or motorcycle is insured,
00:49will the insurance pay for the damages?
00:52Even for those who got lost in the flood?
00:55Unfortunately, not just because you have insurance,
00:59you're already covered for everything.
01:02This includes the car sinking in the flood.
01:05You need to pay an extra premium for these to be covered by insurance.
01:10Now, if you only have a third-party liability,
01:14which is required to register the vehicle,
01:17there's no such thing as Acts of God coverage.
01:22When it comes to Acts of God,
01:24these are the unexpected calamities of nature
01:27that happen and affect Pinsala,
01:30such as storms, floods, earthquakes, and volcanic eruptions.
01:35Actually, since the flood,
01:36this has become a big lesson for car owners
01:40because they thought that their cars were covered by insurance.
01:45They didn't expect that to happen to their cars.
01:48And according to some insurance companies,
01:52many of them call these Acts of Nature
01:56and not Acts of God
01:58because it's like we're blaming God for these calamities.
02:02In any case, that's why it's called
02:05Coverage for Acts of Nature or Acts of God.
02:10So, how much should you pay?
02:12And the very least, according to an industrialist,
02:165% of the value of the vehicle is insured.
02:19For example, if your vehicle is worth Php 1 million,
02:23you will add up to Php 5,000 premium.
02:28Others will say,
02:29Oh, that's too expensive.
02:30You can just cover it up
02:32to make sure that they won't be affected.
02:36So, don't go near Mt. Mayon or Taal Volcano
02:40and even if the flood doesn't reach you,
02:42the volcano might erupt.
02:44Knock on wood.
02:45Don't do it.
02:49There are buses that were flooded
02:51and passengers had to be rescued inside.
02:55Did the insurance company also answer
02:57in case someone was hospitalized by the passengers
02:59in the flooded vehicles?
03:02Well, the general rule is that no one is liable
03:05if the damage is due to a fortuitous event
03:08or act of God or act of nature
03:10that is not expected and just happens
03:13when we don't know.
03:15So, if you got on a bus and got hospitalized
03:18because it was flooded,
03:19unless you saw that someone was careless
03:22or made a mistake on the part of the bus driver,
03:24they might not be liable
03:26and all of you became victims of the flood and flood.
03:29But even if it's a fortuitous event or act of God
03:32or act of nature,
03:33if there is a lack,
03:36for example, the person who was told
03:38not to jump into the water
03:40still jumped into the water.
03:41Maybe he or her bus operator should be held accountable.
03:46Especially if they are a public vehicle
03:48and a common carrier
03:50that has an obligation to exercise
03:52a higher level of care
03:55and make sure that nothing bad will happen
03:58to its passengers.
04:00But as far as I know,
04:01there is also a required accident insurance
04:03for all of our public vehicles
04:06and it covers the passengers who were hospitalized
04:09who were injured while getting up,
04:11getting down,
04:12and while riding those buses and jeeps.
04:16I just hope they paid the so-called premium
04:19and there is an act of nature and act of God coverage
04:22so that our fellow countrymen
04:24will not be too sorry.
04:27So, be careful.
04:29But in the law,
04:30we will give clarity
04:32for the peace of mind.
04:35Don't think twice.
04:37Ask me.
04:38Ask Atty. Gabby.
04:40Be careful of the flood.