Does Vehicle Damage Insurance Cover Static Waterlogged Vehicles?
1 Answers
Static waterlogged vehicles are covered by vehicle damage insurance if the policyholder has purchased this coverage. Relevant information: 1. Introduction: Vehicle damage insurance refers to a type of commercial auto insurance where the insurer compensates for damages to the insured vehicle caused by accidents occurring during its use by the policyholder or an authorized driver, within reasonable limits. 2. Expansion: As a fundamental coverage in auto insurance, vehicle damage insurance primarily compensates for losses to the insured vehicle and damages caused by the insured vehicle to third parties during use. Even vehicle losses resulting from natural disasters are covered by the insurance company.