Will Insurance Cover Flood-Damaged Vehicles?
1 Answers
Comprehensive vehicle damage insurance is required to receive full compensation. For engine damage caused by driving through water, if the vehicle is insured with a water wading coverage, the engine damage falls within the insurance coverage. If the vehicle is not insured with water wading coverage, the insurance company will only cover the cleaning costs, and engine repair expenses will not be included. Below is additional information about auto insurance: 1. Vehicle damage insurance is the primary coverage, and water wading coverage is a derivative: The full name of water wading coverage is "Engine Damage Insurance for Water Wading Driving," which means that during the insurance period, if the insured vehicle is damaged due to improper operation while driving through water or being submerged, the insurance company will provide compensation within the coverage limits. Vehicle damage insurance must be purchased to add water wading coverage. 2. According to Article 4 of China's "Family Owned Vehicle Loss Insurance Clause": During the insurance period, if the insured or an authorized driver causes damage to the insured vehicle due to the following reasons while using the vehicle, the insurer is responsible for compensation as per the insurance contract: (1) Collision, overturning, falling. (2) Fire, explosion, spontaneous combustion. (3) Falling or collapsing of external objects, etc.
