Will the insurance company compensate if a sedan is washed away by a flood?

[WalterMarie]

If a car is washed away by a flood and cannot be found, the insurance company will only compensate if the owner has purchased relevant insurance such as vehicle damage insurance. Below is an introduction to vehicle damage insurance: Basic concept: Vehicle damage insurance is a type of commercial auto insurance where the insurance company compensates within a reasonable range for damages to the insured vehicle caused by an insured accident while the vehicle is being used by the insured or an authorized driver. Insurance premium discounts: The new terms also set 12 adjustment levels for auto insurance rates based on the previous year's claim records, with dynamic adjustments made according to the previous year's claims. The highest level is level 12, where the insurance premium will be adjusted to 200%; the lowest level is level 1, where the insurance premium will be adjusted to 50%.