Does Insurance Cover Spontaneous Combustion of Sedans?
1 Answers
Insurance can cover the spontaneous combustion of sedans under the following three conditions: 1. The spontaneous combustion loss insurance is an additional coverage to the vehicle damage insurance, and only vehicles insured with vehicle damage insurance are eligible for this coverage. 2. For insured motor vehicles, if the loss is caused by spontaneous combustion due to faults in the vehicle's electrical system, wiring, fuel supply system, or the nature of the cargo being transported, the insurance company will compensate for the loss of the insured vehicle within the coverage limit specified in the policy. Additionally, necessary and reasonable rescue expenses incurred by the policyholder to minimize vehicle loss during such incidents will also be covered. In case of total loss, compensation will be based on the actual value of the vehicle at the time of the incident, within the coverage limit specified in the policy. The absolute deductible rate for this coverage is 20%. 3. The insurance company will not cover losses caused by violations of vehicle safety operation rules, such as manual direct fuel supply or open flame baking, or if the spontaneous combustion only results in damage to the electrical system, wiring, fuel supply system, or the cargo itself. Losses caused intentionally by the policyholder are also not covered.
