Does Vehicle and Vessel Tax Include Water Wading Insurance?
1 Answers
Vehicle and Vessel Tax does not include Water Wading Insurance. Here are the specific details: Introduction to Vehicle and Vessel Tax: Vehicle and Vessel Tax is a type of tax levied on the ownership of vehicles and vessels (including cars and ships) by units and individuals. It is a local tax, determined based on the specific management measures of local tax authorities in accordance with the "Vehicle and Vessel Tax Law of the People's Republic of China" and other regulations. Introduction to Water Wading Insurance: Water Wading Insurance is a newly derived type of auto insurance, primarily referring to an additional insurance purchased by car owners for their engines. It mainly provides compensation for engine damage caused by driving through waterlogged roads or being submerged in water. However, if the car owner forcibly starts the engine after being submerged, resulting in damage, the insurance company will not provide compensation.