For how many years can a vehicle not be insured under auto damage insurance?
1 Answers
Generally, private vehicles over 8 years old are not covered by auto damage insurance, and very few insurance companies will insure vehicles over 10 years old. Overview of auto damage insurance: Auto damage insurance refers to a type of commercial vehicle insurance where the insurer compensates within reasonable limits for damages to the insured vehicle caused by an insured accident while the vehicle is being driven by the policyholder or an authorized driver. Coverage of auto damage insurance: Vehicle damage insurance typically covers losses to the insured vehicle caused by natural disasters such as lightning, storms, heavy rain, floods, etc., as well as accidents like collisions and overturns, along with related rescue expenses.