Can I Claim Insurance If My Car Is Flooded on a Rainy Day?
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Can I Claim Insurance If My Car Is Flooded on a Rainy Day? Here are the specific details about auto insurance: Introduction: Motor vehicle insurance refers to a type of commercial insurance that covers personal injury or property damage caused by natural disasters or accidents. Insurance Clients: Legal entities and individuals who own various motor vehicles. Principle: The basic function of insurance is to organize economic compensation and realize the payment of insurance benefits, which is also the basic function of motor vehicle insurance. Through motor vehicle insurance, the various risks and loss consequences faced by enterprises, families, and individuals owning motor vehicles can be dispersed and transferred across society, reflecting the social principle of pooling risks and dispersing losses.