Does vehicle damage include water submersion and spontaneous combustion?
2 Answers
Vehicle damage includes water submersion and spontaneous combustion. Below is relevant information about auto insurance: 1. Introduction: Auto insurance, also known as motor vehicle insurance or car insurance, refers to a type of commercial insurance that covers personal injuries or property damage caused by natural disasters or accidents involving motor vehicles. As a category of property insurance, auto insurance is relatively new in the field of property insurance, having emerged and developed alongside the advent and popularization of automobiles. Unlike modern motor vehicle insurance, early auto insurance primarily focused on third-party liability coverage and gradually expanded to include risks such as collision damage to the vehicle body. 2. Classification: Commercial insurance is an indefinite value insurance, divided into basic insurance and additional insurance, with the latter unable to be purchased independently. Basic insurance includes third-party liability insurance and vehicle damage insurance (comprehensive coverage); additional insurance includes total theft coverage (theft insurance), onboard liability insurance, no-fault liability insurance, cargo drop liability insurance, standalone glass breakage insurance, vehicle downtime loss insurance, spontaneous combustion loss insurance, newly installed equipment loss insurance, and deductible waiver insurance. Compulsory traffic accident liability insurance (commonly known as "compulsory insurance") also falls under the broad category of third-party liability insurance. Compulsory insurance is mandatory, and vehicles must have it to be driven on roads, undergo annual inspections, and be registered. When third-party losses require claims, compulsory insurance must be paid out first before other types of insurance.
I once encountered a situation where my vehicle was submerged in water while driving. I initially thought that the standard auto damage insurance would cover the repair costs, but later found out that it doesn't include flood damage. That day during heavy rain, I parked in a low-lying area, and water entered the car, damaging the engine. The insurance company informed me that basic auto damage insurance only covers damages caused by collisions, fires, or falling objects, not water submersion. Additional coverage like flood insurance or natural disaster insurance is required for such risks. Natural disasters such as floods or earthquakes are similar—usually requiring specialized insurance policies. It's advisable for car owners to review their insurance policies before the rainy season and add supplementary coverage as a precaution, as repairing a flood-damaged car can cost thousands or even tens of thousands. When choosing insurance, compare quotes and terms from different companies, prioritizing comprehensive coverage to avoid future hassles. During annual maintenance, take the opportunity to review your insurance to ensure it matches the climate risks of your location—for example, flood insurance is highly recommended in rainy southern regions, while earthquake insurance is more relevant in the north. Don't wait until an incident occurs to regret not having prepared adequate insurance coverage in advance.
