What are the criteria for PICC to declare a flood-damaged vehicle as a total loss?

[ElijahDella]

PICC's standard for declaring a flood-damaged vehicle as a total loss is that the water level reaching the engine hood is sufficient to declare it a total loss. Even if it is not declared a total loss, the repair cost would require 80% of the vehicle's value. Below is relevant information about the water damage insurance: Definition: Water damage insurance is a newly derived type of auto insurance, primarily an additional coverage purchased by the vehicle owner for the engine. In cases where the insured vehicle is submerged up to the exhaust pipe or intake pipe due to heavy rain or flooding, and the driver continues to start the vehicle or uses inertia to start it; or starts the vehicle without necessary treatment after suffering from heavy rain or flooding. In these two scenarios, purchasing water damage insurance is necessary to receive corresponding compensation. Claims handling: Compensation is provided based on actual repair costs within the insurance amount. However, if the cumulative claim amount reaches the insurance amount during the policy period, the insurance liability terminates. Each claim under water damage insurance is subject to a 15% absolute deductible rate.