Will Henan Flooded Cars Be Covered by Insurance?
1 Answers
With the purchase of water ingress insurance, typically 80% of the costs can be reimbursed. Below are the relevant details: Flooded cars: If the engine is water-damaged, the insurance company will not cover it as it falls under the exemption clause, meaning the engine-related damages are not eligible for compensation. Water ingress insurance: If the policyholder has purchased water ingress insurance, compensation is possible. Water ingress insurance is an add-on and cannot be bought separately; it must be purchased alongside the main auto insurance policy. This insurance has a 20% deductible, meaning 80% is reimbursable. Therefore, if the damage is not engine-related and water ingress insurance is in place, 80% of the costs can normally be reimbursed.