Can Flood-Damaged Vehicle Insurance Records Be Checked?
1 Answers
It is fundamentally impossible to determine whether a water-damaged vehicle has been submerged by checking its insurance claim records. Below is relevant information about motor vehicle insurance: Definition of Motor Vehicle Insurance: Motor vehicle insurance, also known as auto insurance (abbreviated as car insurance), refers to a type of commercial insurance that covers liability for personal injuries or property damage caused by natural disasters or accidents involving motor vehicles. Development of Motor Vehicle Insurance: The true development of motor vehicle insurance occurred after World War II. On one hand, the popularity of automobiles made road accidents a widespread social hazard; on the other hand, many countries included third-party liability insurance for various motor vehicles, including cars, as part of compulsory insurance. Therefore, motor vehicle insurance is a universally significant insurance business globally.