Does Vehicle Damage Insurance Cover Water Damage?
1 Answers
Vehicle Damage Insurance covers water damage to vehicles. This insurance primarily compensates for vehicle damage caused by insured incidents, which include heavy rain, floods, earthquakes, tsunamis, etc. In other words, if a vehicle suffers water damage due to heavy rain, floods, tsunamis, or similar reasons, the Vehicle Damage Insurance can provide compensation. Below is an introduction to some types of auto insurance: 1. Vehicle Damage Insurance: Covers losses to the vehicle itself caused by natural disasters and accidents. Recommended for new drivers. 2. Third-Party Liability Insurance: Compensates for bodily injury or death of third parties caused by the policyholder. This is mandatory as it provides protection for both the policyholder and others. 3. No-Deductible Insurance: An add-on that transfers the policyholder's liability to the insurance company, reducing the policyholder's loss. It is advisable to purchase this if you have both Vehicle Damage Insurance and Third-Party Liability Insurance. 4. Theft and Robbery Insurance: Covers damage caused by vehicle theft, robbery, or seizure. Recommended for new car owners without garages. 5. Passenger Liability Insurance: Compensates for losses suffered by the driver and passengers in the vehicle due to traffic accidents. Premiums are usually charged per seat. Recommended for new drivers or family vehicles.
