What Does Full Compensation for Water-Damaged Vehicles Mean?
1 Answers
Full compensation for water-damaged vehicles means that after a vehicle is submerged in water, the insurance company will provide full compensation. Compensation scenarios for parked vehicles submerged in water: With comprehensive vehicle damage insurance, full compensation is provided. If the vehicle is damaged while stationary due to submersion, as long as the vehicle is covered by basic comprehensive vehicle damage insurance, it falls within the insurance company's compensation scope. This includes vehicles parked in garages that suffer water damage; any resulting losses are covered by comprehensive vehicle damage insurance, and the insurance company will provide full compensation, including engine damage. As for vehicles submerged due to traffic jams during heavy rain, as long as the engine is not forcibly started, it generally won't be damaged. Any damage incurred in such situations will be covered by comprehensive vehicle damage insurance. Compensation scenarios for moving vehicles submerged in water: