Car Insurance: Has rain and flood caused damage to your car, what kind of insurance is important to choose?
Many parts of North India are facing heavy rains due to which water-logging landslides and roads have also sunk Slums including posh areas of the cities are also submerged in water, causing damage to properties cars and two-wheelers. The loss will be fully known when the water is less. For car owners whose vehicles have been damaged by floods, the cost of repairs can be a costly affair. However, with proper insurance coverage, one can recover a significant portion of that cost
Engine failure, damage to electronic systems can be serious problems in flood-damaged cars. Excessive exposure to water can also cause damage to the gearbox When water enters a parked vehicle, it can damage the interior of the car as well Some of these problems come to the fore immediately but some may come to the fore after some time
A comprehensive policy covers all types of accidents due to fire, flood and theft” says T A Ramalingam, chief technical officer Bajaj Allianz General Insurance. A car insurance policy covers for all damages caused due to flood provides.
Although a fundamental comprehensive vehicle insurance policy covers any flood-related losses, insurance providers could decline to pay out if the automobile was harmed on purpose by the driver.
Due to changing weather patterns, unplanned development and inadequate drainage systems many cities are unprepared for extremely heavy rainfall and floods. While buying a car insurance cover, one must keep in mind the increasing incidence of heavy rains