Can I Claim Insurance If I Damage My Own Car?
1 Answers
Whether you can get compensation from the insurance company after damaging your own car depends on the type of insurance you have purchased. The specific details are as follows: 1. If you have only purchased Compulsory Traffic Accident Liability Insurance (CTPLI) and Third-Party Liability Insurance (TPL), you cannot receive compensation. Compulsory Traffic Accident Liability Insurance (CTPLI) is a mandatory liability insurance where the insurance company compensates for personal injury, death, or property damage to victims (excluding the driver and passengers of the insured vehicle) caused by road traffic accidents involving the insured vehicle, within the liability limits. CTPLI is a compulsory insurance mandated by national law, with premiums set at a unified national standard. Third-Party Liability Insurance (TPL) covers accidental incidents caused by the insured or legally permitted drivers using the insured vehicle, resulting in bodily injury, death, or direct property damage to a third party, for which the insured is legally liable. The insurance company is responsible for compensation. 2. If you have purchased Vehicle Damage Insurance, you can receive compensation. Vehicle Damage Insurance covers losses to the insured vehicle caused by natural disasters (excluding earthquakes) or accidents within the insurance liability scope. Most insurance companies' Vehicle Damage Insurance generally covers losses to the insured vehicle due to natural disasters such as lightning, storms, heavy rain, floods, and accidents such as collisions and overturning, as well as related rescue costs.
