How does the insurance company compensate for a car fire?
3 Answers
If the fire is caused by a malfunction of the vehicle itself, the insurance company will compensate. However, if the fire is caused by hazardous materials placed inside the car, the insurance company may not provide compensation. If you have purchased fire insurance, each claim will be subject to a 20% deductible. If you have purchased the deductible waiver for fire insurance, there will be no 20% deductible.
Last time, my neighbor's old car caught fire spontaneously, which really worried him. He immediately called the police and then contacted the insurance company to file a claim. The insurance adjuster came to the scene to take photos and collect evidence, and also asked him to contact the fire department to obtain a fire accident certificate. He said the claim materials need to be complete: basic documents like ID card, insurance policy, vehicle registration certificate, plus the fire certificate and repair list. If the vehicle is completely totaled, the insurance company will assess the compensation based on the market value. The key is to have purchased auto damage insurance in advance, as the spontaneous combustion insurance is now included in the auto damage insurance. Without insurance, you have to bear the loss yourself. I heard he ended up paying nearly 90,000 yuan. It's really important to pay attention to vehicle maintenance, especially the electrical and fuel systems of old cars.
My relative just handled a self-ignition claim last month. The first step is to immediately call the police, dial 119 to extinguish the fire, and notify your insurance company to come to the scene. When filing the claim, you need to prepare the motor vehicle registration certificate, driving license, ID card, and compulsory traffic insurance policy. The insurance company's loss assessor will tow the car for damage assessment. If the repair cost exceeds the actual value, it will be directly compensated as a total loss. I must remind you to pay special attention: vehicles with modified circuits may be denied compensation, and if the car is over 8 years old without annual inspection, the claim process will be very troublesome. The compensation amount is determined based on the coverage amount of the purchased car damage insurance. My relative's car was compensated over 70,000 yuan. It is recommended to check the wiring once a year, safety first.
