What Insurance to Buy for a Flooded Vehicle?
2 Answers
Insurance claims can be made for water-damaged vehicles. Below is an introduction to vehicle insurance: 1. Vehicle Insurance: Vehicle insurance, also known as auto insurance or car insurance, refers to a type of commercial insurance that covers personal injury or property damage caused by natural disasters or accidents involving motor vehicles. Auto insurance is a category of property insurance and is relatively new in the field, as it emerged and developed alongside the advent and popularization of automobiles. 2. Categories of Auto Insurance: Commercial insurance is an indeterminate value insurance, divided into basic insurance and additional insurance, where additional insurance cannot be purchased independently. Basic insurance includes third-party liability insurance and vehicle damage insurance (comprehensive coverage); additional insurance includes total loss theft insurance (theft coverage), onboard liability insurance, no-fault liability insurance, standalone glass breakage insurance, vehicle downtime loss insurance, spontaneous combustion insurance, additional equipment insurance, and deductible waiver insurance.
I once experienced a car flood accident when heavy rain flooded the garage, causing water to enter the vehicle and damage the engine—it was a real headache. Later, I learned that to prevent such misfortunes, it's essential to purchase vehicle damage insurance, preferably with an additional waterlogging rider, which specifically covers engine issues caused by flooding. Without the waterlogging rider, the vehicle damage insurance might not cover the engine repairs, leaving you to foot the bill. Personally, I recommend opting for a reliable comprehensive insurance package, like those from Ping An or PICC. Although the premiums are higher, they're worth it. It's also crucial to check the policy terms to see if they cover flood-prone areas. Regularly inspecting garage flood prevention measures, such as installing water barriers, is equally important—these small details can save you a lot of money.
