How to Deal with Flood-Damaged Vehicles Legally?
2 Answers
If the vehicle damage is not severe, the insurance company will assess the loss and compensate for the damaged components. If the vehicle damage is too severe, the insurance company will generally sign a total loss agreement with the owner and pay a certain amount of compensation to the owner according to the agreed insured amount.
Flood-damaged vehicles submerged in water must be legally addressed promptly. Based on my experience, the first steps are to report to the insurance company and the police to obtain an accident report as evidence. The insurer will send an inspector to assess the vehicle. If they acknowledge the damage, compensation for repairs can be claimed. If liability is unclear, the owner may need to seek compensation from the other party or apply for natural disaster relief. Selling a flood-damaged car without disclosing its condition constitutes fraud, and buyers can demand a refund or compensation based on the contract, with consumer protection laws being applicable here. The process should not be delayed, as water exposure leads to rapid rusting of components, electrical failures, high repair costs, and numerous safety hazards. It's advisable to hire a professional appraiser to produce a report, which serves as solid evidence in legal disputes. If you purchase a used car later discovered to be a concealed flood-damaged vehicle, file a complaint with the consumer association or sue the seller. Legal channels are available, but ensure not to miss the statute of limitations.
