Does Car Insurance Cover Water Damage?
1 Answers
Comprehensive car insurance does not include coverage for water damage. Additional reference materials are as follows: 1. Article 75 of the 'Road Traffic Safety Law of the People's Republic of China': Medical institutions shall provide timely treatment to injured persons in traffic accidents and shall not delay treatment due to unpaid medical expenses. If the vehicle involved is covered by compulsory third-party liability insurance, the insurance company shall pay the medical expenses within the liability limit. If the medical expenses exceed the liability limit, or if the vehicle is not covered by compulsory third-party liability insurance or the driver flees after the accident, the road traffic accident social assistance fund shall advance part or all of the medical expenses, and the management agency of the fund has the right to seek compensation from the responsible party. 2. Article 21 of the 'Regulations on Compulsory Traffic Accident Liability Insurance for Motor Vehicles': If a road traffic accident caused by the insured motor vehicle results in personal injury, death, or property loss to victims other than the vehicle's occupants or the insured, the insurance company shall compensate within the liability limit of the compulsory traffic accident liability insurance in accordance with the law. If the loss from the road traffic accident is intentionally caused by the victim, the insurance company shall not compensate.
