If I didn't purchase spontaneous combustion insurance but have vehicle damage insurance, will it cover the loss?
1 Answers
If you didn't purchase spontaneous combustion insurance but have vehicle damage insurance, the insurance company will not compensate for losses caused by vehicle spontaneous combustion. Below is relevant information about motor vehicle insurance: 1. Definition of motor vehicle insurance: Motor vehicle insurance, also known as auto insurance (referred to as car insurance), is a type of commercial insurance that covers liability for personal injuries or property damage caused by natural disasters or accidents involving motor vehicles. 2. Development of motor vehicle insurance: The true development of motor vehicle insurance occurred after World War II. On one hand, the popularity of automobiles made road accidents a widespread social hazard; on the other hand, many countries included third-party liability insurance for various motor vehicles, including cars, as mandatory coverage. Therefore, motor vehicle insurance is a universally significant insurance business worldwide.