Will Insurance Companies Compensate for Flood-Damaged Cars Due to Natural Disasters?
1 Answers
Insurance will not compensate for a brand new car in the case of flood damage due to natural disasters. Here are the extended details: Introduction to Vehicle Damage Insurance: The provisions in vehicle damage insurance state: The insurer is responsible for compensating losses to the insured vehicle caused by lightning, hail, heavy rain, floods, tsunamis, etc., during the use of the insured vehicle by the insured or permitted drivers. Since flood-damaged cars fall under vehicle losses caused by heavy rain, they are eligible for compensation. However, it's important to note that there is an additional clause in the insurance policy: damages caused by restarting the engine after water ingress are not covered. This means if the car has already been flooded and the driver still forcibly starts the engine, this constitutes improper operation, and the insurance company has the right to refuse compensation. Introduction to Water Wading Insurance: Water wading insurance applies when, while driving, you see standing water on the road and judge that the vehicle can pass through, but the judgment is incorrect, leading to damage while the car is in the water. In such cases, if you have purchased water wading insurance, you can apply for compensation.
