Can I Use Insurance to Repair a Broken Car?
1 Answers
Repairing a car can be covered by insurance, but it mainly depends on the type of insurance policy you have, as well as whether the cause and specific circumstances of the damage fall within the liability scope stipulated in the insurance contract. Extended information about vehicle insurance is as follows: Introduction: Vehicle insurance, also known as motor vehicle insurance or car insurance, refers to a type of commercial insurance that provides compensation for personal injury, death, or property damage caused by natural disasters or accidents involving motor vehicles. Classification: Commercial insurance is an indefinite value insurance, divided into basic insurance and additional insurance, with the latter not being independently insurable. Basic insurance includes third-party liability insurance and vehicle damage insurance (comprehensive coverage). Additional insurance includes full vehicle theft insurance (theft coverage), on-board liability insurance, no-fault liability insurance, cargo drop liability insurance, standalone glass breakage insurance, vehicle downtime loss insurance, spontaneous combustion insurance, new equipment loss insurance, and deductible waiver insurance.