Will Compulsory Insurance Cover Water Damage to a Vehicle?

1 Answers
LeLayla
07/24/25 7:04pm
Compulsory insurance will not cover water damage to a vehicle. Below is a detailed introduction to compulsory insurance: Introduction: The Compulsory Traffic Accident Liability Insurance for Motor Vehicles is a mandatory liability insurance where the insurance company compensates for personal injuries, fatalities, and property losses (excluding the vehicle's occupants and the insured) caused by road traffic accidents involving the insured vehicle, within the liability limits. This insurance is China's first mandatory insurance system implemented by national law, with premiums uniformly set by the state. Failure to pay the compulsory insurance will prevent vehicle annual inspections, among other issues. The main factor affecting the price of compulsory insurance is the 'number of vehicle seats.'
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