Is Vehicle Damage Insurance Mandatory?

[VanCassidy]

Vehicle damage insurance is not a mandatory coverage. It refers to a type of commercial auto insurance where the insurer compensates within reasonable limits for damages to the insured vehicle caused by accidents occurring while the vehicle is being driven by the insured or an authorized driver. Coverage scope of vehicle damage insurance: Vehicle damage insurance typically covers losses to the insured vehicle and related rescue expenses resulting from natural disasters such as lightning, storms, heavy rain, floods, as well as accidental incidents like collisions and overturns. Inclusions of vehicle damage insurance: Generally, it includes comprehensive vehicle damage insurance, which encompasses no-deductible coverage, spontaneous combustion insurance, glass breakage insurance, water ingress insurance, non-recovery of third-party insurance, and scratch insurance.