How Much Can Insurance Cover for a Flooded Car?
1 Answers
The specific compensation amount for a flooded car depends on the insurance policy coverage and the assessment of damages. Below is relevant information about auto insurance: 1. Introduction: Auto insurance, also known as motor vehicle insurance, refers to a type of commercial insurance that covers personal injuries or property damage caused by natural disasters or accidents involving motor vehicles. 2. Types of Coverage: Auto insurance generally includes compulsory traffic insurance and commercial insurance. Commercial insurance consists of basic coverage and additional coverage. Basic coverage is divided into vehicle damage insurance, third-party liability insurance, comprehensive theft insurance (theft coverage), and passenger liability insurance (driver liability and passenger liability).