Will Flooded Cars Be Compensated?
2 Answers
Flooded cars will be compensated. Vehicle insurance, also known as motor vehicle insurance or simply 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. Below is relevant information about vehicle insurance: 1. Definition of Car Insurance: A widely available insurance type in China that covers motor vehicles such as cars, electric vehicles, motorcycles, and tractors. Vehicle insurance can be divided into commercial insurance and compulsory traffic insurance. Commercial insurance further includes main insurance and additional insurance. 2. Main Commercial Insurance Coverage: Main commercial insurance includes vehicle damage insurance, third-party liability insurance, passenger liability insurance, and comprehensive theft insurance.
Whether a flood-damaged car can be compensated mainly depends on the type of insurance you have. Generally, auto insurance is divided into many types, and comprehensive or collision coverage may include flood damage, but the specific terms of the contract must be checked. The "water ingress insurance" is an add-on specifically designed for such situations—if this clause is included in the policy, it usually covers full or partial compensation. Promptly reporting the claim is crucial. After flooding, do not start the car; instead, take photos as evidence to avoid further damage from delays, which could complicate the claim. The compensation amount is based on the car's market value at the time and repair costs. If the water damage is too severe, the car may be declared a total loss, with only the salvage value compensated. I recommend car owners review their policies annually and consider adding flood insurance, especially in flood-prone areas—prevention is always wise.
