What Insurance Covers Water-Damaged Cars?
2 Answers
Comprehensive auto insurance covers water damage to vehicles. Here is relevant information about comprehensive auto insurance: 1. Basic Concept: Comprehensive auto insurance refers to a type of commercial vehicle insurance where the insurer compensates for damages to the insured vehicle caused by accidents occurring during its use by the policyholder or authorized drivers, within reasonable limits. 2. Premium Discounts: The new policy also establishes 12 auto insurance rate adjustment tiers based on previous claim records, with dynamic adjustments made according to the previous year's claims. The highest tier is level 12, where the premium adjusts to 200%; the lowest tier is level 1, where the premium adjusts to 50%.
That typhoon completely flooded my car parked in the residential area, with water levels rising up to the windows, damaging both the interior and engine. I immediately called my insurance company, and the agent asked what coverage I had. Fortunately, I had comprehensive auto insurance that included vehicle damage coverage, which they explained covers natural disasters like flooding. The claim was processed quickly: the car was towed to a repair shop, assessed, and the repair costs were compensated. Without this coverage, I would have had to pay tens of thousands out of pocket. Later, I heard about special engine flood coverage, but since I didn’t purchase it separately, it wasn’t an issue. I recommend parking away from low-lying areas and checking your policy before the rainy season to ensure flood protection is included—don’t regret skimping on premiums. Insurance is a safety net; don’t cut corners here. Opting for full coverage is both reassuring and practical.
