What you need to know about flooded auto insurance

What is flooded car insurance?

Flooded car insurance is an additional benefit when participating in car physical insurance. When participating in a physical insurance package, in addition to the main benefits that the car owner enjoys, the car owner has the right to participate in choosing additional terms and benefits to protect the car most comprehensively. This provision will help insure your car against engine damage while operating in flooded areas.

When the insured event occurs, the flooded auto insurance will compensate, pay the entire loss, costs to replace, repair the actual damage of the engine due to the vehicle operating in the flooded area or being damaged. Water is sucked into the engine causing hydraulic shock.

Note when buying flooded car insurance

When participating in auto insurance for flooded cars, you need to pay attention and pay attention to the regulations on the deductible of the car’s water damage insurance. If you join more flood insurance terms, the car owner will normally be deducted 20% of the insurance claim amount and at least 3 million VND/case.

Besides, in addition to the flood insurance package, you should join other additional terms such as theft, lost and stolen parts, physical insurance outside the territory, selection of repair facilities, old and new replacement …