What are the main coverage items of auto damage insurance?
2 Answers
Auto damage insurance coverage includes: First, collision and overturning of the vehicle. Collision refers to direct contact between the insured vehicle and external objects. Intentional scratches on the insured vehicle are not covered under auto damage insurance. Overturning means the insured vehicle flips over due to natural disasters or accidents, losing its normal condition and driving capability, and cannot be restored to operation without rescue. Second, fire and explosion of the vehicle. Third, collapse of external objects, falling objects from the air, or parallel falling of the insured vehicle while in motion. Fourth, the vehicle being struck by lightning, storms, tornadoes, heavy rain, floods, tsunamis, ground collapse, ice collapse, cliff collapse, avalanches, hailstorms, mudslides, or landslides. Fifth, damage to the insured vehicle caused by the aforementioned natural disasters when the insured vehicle is being transported on a ferry with the driver on board to take care of it. In the event of an insured incident, necessary and reasonable rescue expenses paid by the insured to prevent or reduce the loss of the insured vehicle are also covered by the insurer, up to the insured amount. Specific compensation items include: First, repair costs for damage to the insured vehicle caused by an insured incident, as well as reasonable rescue expenses, such as towing fees when the insured vehicle loses its normal driving capability. Second, reasonable expenses for using firefighting equipment belonging to others (non-professional firefighting units) during the rescue process, and the portion of damage to others' property caused by the rescue that should be borne by the insured. Third, reasonable expenses incurred due to accidents during towing by hired tow trucks that lead to increased damage to the insured vehicle, and expenses for protective measures.
I've been driving for almost twenty years and have experienced several accidents. The coverage of auto damage insurance is actually quite extensive. It mainly covers the vehicle's own losses, such as scratches or deformations caused by collisions, for which the insurance company has to pay the repair costs. There are also unexpected incidents like fires and explosions—my neighbor's car got blackened when their garage caught fire, and the insurance paid out directly. Natural disasters are also covered, such as typhoons, floods that submerge the car, or trees falling and damaging the vehicle. However, sometimes you need to add an additional rider for earthquakes to be fully covered. Additionally, theft and robbery are included. A friend of mine had their car stolen, and the insurance company paid the depreciated value of a new car. In short, all these coverages are clearly stated in the policy, helping us car owners save a lot on repair costs. Before buying insurance, make sure to read the terms carefully—don’t skimp on premiums only to suffer bigger losses later.
