Does Vehicle Damage Insurance Cover Cars Submerged in Heavy Rain?
1 Answers
Vehicle damage insurance does cover cars submerged in heavy rain. Losses to insured motor vehicles caused by natural disasters fall under the scope of vehicle damage insurance, and most insurance companies will provide compensation. Below is an introduction to the essential insurance policies for new cars: 1. Compulsory Traffic Insurance: The first insurance policy to purchase for a car is compulsory traffic insurance, and the law mandates that this insurance must be obtained when buying a car. Otherwise, new drivers cannot license their cars, and experienced drivers cannot drive on the road. Driving without compulsory traffic insurance will result in severe penalties. 2. Third-Party Liability Insurance: Third-party liability insurance primarily covers compensation for direct personal injuries or property damage to others caused by accidents involving the insured vehicle during use. Accidents are the last thing drivers want to encounter, as they not only damage their own cars but also require significant compensation to others. 3. Vehicle Damage Insurance: Commonly referred to as car damage insurance, this differs from vehicle stoppage loss insurance. It covers losses to the insured vehicle caused by natural disasters or accidents within the insurance liability scope, allowing for corresponding compensation. However, it does not include losses caused by earthquakes to the vehicle.
