Does Vehicle Damage Coverage Include Water Immersion and Spontaneous Combustion?

[OBrantley]

Vehicle damage coverage includes water immersion and spontaneous combustion. Under the principle of not significantly increasing consumer premium expenses, the industry is encouraged to expand the scope of commercial auto insurance coverage. The industry is guided to enhance the main clauses of the motor vehicle demonstration product's vehicle damage insurance by adding coverage for risks such as whole-vehicle theft, glass breakage, spontaneous combustion, engine water immersion, waiver of deductible, and inability to locate a third party, on top of the existing insurance liabilities. Relevant information about compulsory traffic accident liability insurance is as follows: 1. Introduction: The full name of compulsory traffic accident liability insurance is "Compulsory Traffic Accident Liability Insurance for Motor Vehicles." It is a mandatory liability insurance where the insurance company compensates for personal injuries, deaths, and property losses (excluding the vehicle's occupants and the insured) caused by road traffic accidents involving the insured motor vehicle, within the liability limits. 2. Necessity: Compulsory traffic accident liability insurance ensures that victims of motor vehicle road traffic accidents receive compensation and promotes road traffic safety. It provides timely and basic protection for traffic accident victims.