Will the insurance company compensate if a sedan is washed away by a flood?
2 Answers
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%.
Two years ago, my car was swept away by floodwaters during a typhoon. Fortunately, I had a comprehensive insurance policy that included natural disaster coverage. I immediately contacted the insurance company to file a claim. They asked me to take photos of the scene and obtain flood certification from the meteorological department, and I also filed a police report to get an accident record. The whole process went smoothly, and after assessment, I received full compensation. However, the key is the type of insurance you have—if you only have basic third-party liability insurance, it might not cover your own vehicle. So, I recommend everyone to choose their insurance wisely. During flood season, park your car on higher ground—don’t try to save a little money here. Acting quickly after a disaster can really help in emergencies, so keep your policy details handy on your phone for easy access. Prevention is always better than remedy—when there’s a flood warning, park your car on higher ground to minimize the risk of loss.
