Will Insurance Cover Water Damage to Audi's Steering Gear?

[VonEverett]

Water damage to the steering gear requires proof of heavy rain; otherwise, compensation will not be provided. Below is relevant information about insurance claims: 1. Basic Introduction: Articles 22 and 23 of the Insurance Law stipulate that when requesting compensation or insurance benefits from the insurer after an insured event occurs, the policyholder, insured, or beneficiary must provide the insurer with all available evidence and materials related to confirming the nature, cause, and extent of the loss of the insured event. 2. Claim Methods: After an insured event occurs, insurance companies settle claims with policyholders in two ways according to the insurance contract: indemnity and payment. Indemnity corresponds to property insurance, referring to the compensation made by the insurance company based on the extent of damage to the insured property at the time of the event, within the insurance limit, for the loss suffered by the insured. Insurance indemnity is compensatory in nature, meaning it only compensates for the actual loss, up to the value of the damaged property, and never exceeds its value.