What is PICC's damage assessment standard for waterlogged vehicles?
1 Answers
The following are PICC's damage assessment standards for waterlogged vehicles: Preparation before assessment: After receiving the claim report, the insurance company staff will review the survey records, understand the accident loss situation, and inquire about the surveyor's opinions. Then, they will check the insurance coverage of the vehicle to determine the corresponding insurance type and payment limit. It is important to carefully review the claim records of the involved vehicle to avoid duplicate compensation. Damage assessment approval: Before disassembling and inspecting the accident vehicle, if the estimated loss amount exceeds the branch's assessment authority, the assessor needs to fill out the "Major Case Damage Assessment Report" and submit it to the provincial company for approval and authorization before proceeding with the assessment. Basic principles of vehicle loss: The repair scope of the vehicle is limited to the damage caused by this accident; repairable parts should be repaired as much as possible; areas that can be partially repaired should not be expanded to overall repairs; replaceable parts should not be replaced with assemblies; labor costs and spare parts prices should be accurately determined based on the difficulty of the repair process and the local labor cost level.
