Will the insurance company compensate for a car submerged in heavy rain?
1 Answers
Will the insurance company compensate for a car submerged in heavy rain? The answer is yes, but the compensation will depend on whether the policy was purchased before or after the auto insurance reform. Overview: Vehicle insurance, also known as auto insurance or motor insurance, refers to a type of commercial insurance that covers personal injury or property damage caused by natural disasters or accidents involving motor vehicles. Additional Information: Auto insurance is a type of property insurance and is relatively new in the field of property insurance. In its early stages, auto insurance primarily covered third-party liability and gradually expanded to include risks such as collision damage to the vehicle body.