Will the insurance company compensate for an electric vehicle submerged in water?
2 Answers
As long as the water damage insurance is purchased, the insurance company will compensate. Here are the relevant details: 1. Water damage insurance: Also known as auto loss insurance or engine special loss insurance, different insurance companies may have varying names but the essence remains the same. This is a newly derived type of insurance, referring to an additional coverage purchased by the vehicle owner specifically for the engine. 2. Electric vehicles: Electric vehicles (BEV) refer to vehicles powered by an on-board power source, using electric motors to drive the wheels, and meeting all requirements of road traffic and safety regulations. Due to their relatively smaller environmental impact compared to traditional vehicles, their future prospects are widely optimistic.
It mainly depends on whether your car insurance includes vehicle damage coverage. After last year's heavy rain, I handled many cases where electric vehicles were basically compensated for water damage as long as they had vehicle damage insurance, because water-related damage is now included after the car insurance reform. However, it's crucial to note that you should never attempt to restart the car after it's been submerged. Even though electric vehicles don't have engines, forcing power could cause circuit short circuits and increase the damage. What insurance companies value most is immediate reporting and clear photos of the scene, especially the waterline, before waiting for the tow truck. If the battery pack is severely flooded and the repair costs exceed 70% of the car's value, it's likely to be declared a total loss with direct compensation.
