What Does Vehicle Damage Insurance Cover After September 2020?

[McVivian]

In 2020, the new vehicle damage insurance added coverage for theft of the entire vehicle, separate glass breakage, spontaneous combustion, engine water damage, no deductible, and special provisions for cases where a third party cannot be found. Introduction: Vehicle damage insurance refers to a type of commercial auto insurance where the insurance company compensates within a reasonable range for damage to the insured vehicle caused by an insured accident while the vehicle is being used by the insured or an authorized driver. Compensation Scenarios: Collision, overturning, or falling; fire, explosion, spontaneous combustion (requires separate spontaneous combustion insurance); falling or collapsing external objects; storms or tornadoes; lightning, hail, heavy rain, floods, or tsunamis; ground collapse, ice collapse, cliff collapse, avalanche, mudslide, landslide, or earthquake; natural disasters affecting the ferry transporting the insured vehicle (limited to cases where the driver is accompanying the vehicle on 58 Auto).