What Does Motor Vehicle Loss Insurance Cover?

[Alexander]

Motor Vehicle Loss Insurance mainly covers the following: 1. Insurance liability for the following situations: (1) Collision, overturning, falling; (2) Fire, explosion, spontaneous combustion; (3) Falling or collapsing of external objects; (4) Storm, tornado; (5) Lightning, hail, rainstorm, flood, tsunami; (6) Ground collapse, ice collapse, cliff collapse, avalanche, mudslide, landslide; (7) Natural disasters affecting the ferry carrying the insured vehicle (limited to cases where the driver is accompanying the vehicle). 2. Exclusions under the following circumstances: (1) Earthquake, war, military conflict, terrorist activities, riots, seizure, confiscation, government requisition; (2) Competitions, tests, during repair or maintenance at commercial repair shops; (3) Using the insured vehicle for illegal activities; (4) Driving under the influence of alcohol, drugs, or anesthesia; (5) After an accident, the insured or permitted driver flees the scene or intentionally destroys or forges evidence without taking legal measures; (6) Drivers under the following conditions: 1. No driving license or driving a vehicle not covered by the license; 2. Driving without a valid license as defined by traffic authorities; 3. Operating specialized or special vehicles without a valid operation certificate, or driving commercial passenger vehicles without a valid qualification certificate. (7) Use of the insured vehicle by non-permitted drivers; (8) The insured vehicle lacking valid driving documents.