What Does Vehicle Damage Insurance Cover?
2 Answers
Vehicle damage insurance covers: 1. Vehicle collision: If the vehicle is damaged due to a collision with external objects while the owner is driving, the costs can be reimbursed. However, violations of traffic regulations such as drunk driving or driving without a license are not covered. 2. Unavoidable natural disasters: For example, damage caused by lightning, storms, tornadoes, heavy rain, floods, tsunamis, cliff collapses, avalanches, hailstorms, mudslides, or landslides. 3. Fire and explosions. 4. Damage caused by external factors: Such as falling trees or building collapses. Vehicle damage insurance is a type of commercial auto insurance that stipulates that the insurance company should compensate within a reasonable range when the insured or an authorized driver causes damage to the insured vehicle during an accident while driving.
As a seasoned driver with over a decade of experience, I must say that auto damage insurance can save you a fortune, especially when your valuable car gets vandalized or in an accident. The main types of incidents it covers include collision damage, such as rear-end collisions or hitting guardrails; natural disasters like floods, hailstorms, or tornadoes that flood or damage the car; and theft or vandalism, such as if the car is stolen or the windows are smashed. However, it doesn’t cover normal wear and tear like aging tires or brake pad replacements, nor does it include intentional damage you cause to the car. When buying insurance, I recommend choosing a moderate deductible—not too high or too low—to avoid skyrocketing premiums. Also, remember to provide on-the-spot photos and police reports when filing a claim; otherwise, the insurance company might delay or deny payment. This is crucial because without evidence, you’ll be in big trouble if something happens. Finally, it’s best to add this coverage for new cars, while for used cars, base your decision on the vehicle’s condition—don’t blindly skimp to avoid regrets later.
