How much can the insurance company compensate for a water-damaged car?
1 Answers
The specific compensation amount depends on the policy coverage and the assessment results of the vehicle damage. Below is relevant information about auto insurance: Introduction: Auto insurance, also known as motor vehicle insurance or car insurance, covers personal injury or property damage caused by natural disasters or accidents involving motor vehicles. Types of Auto Insurance: 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 insurance), and passenger liability insurance (driver liability insurance and passenger liability insurance).