Will the insurance company cover the cost if the engine is started a second time after being submerged in water?
1 Answers
According to the insurance policy, the insurance company will cover the cost if the engine is started a second time after being submerged in water. Here is an introduction to auto insurance: 1. Introduction: Motor vehicle insurance is a type of commercial insurance that covers personal injury or property damage caused by natural disasters or accidents involving motor vehicles. 2. Policyholders: The primary clients are legal entities and individuals who own various types of motor vehicles. The insured objects mainly include various types of cars, but also specialized vehicles such as electric cars, battery-powered vehicles, and motorcycles. 3. Principle: The basic function of insurance is to organize economic compensation and facilitate the payment of insurance claims, which is also the fundamental role of motor vehicle insurance. Through motor vehicle insurance, the various risks and potential losses faced by businesses, families, and individuals owning motor vehicles can be dispersed and transferred across society, embodying the social principle of 'pooling risks and spreading losses.'