Flood damage to the car: When the partial comprehensive insurance pays and what conditions must be met

Flood damage to the car: When the partial comprehensive insurance pays and what conditions must be met

According to a report by www.come-on.de, water can seriously damage cars. If you don't react in time or behave incorrectly in the event of a flood, you may be stuck with the costs. Flood damage to the car can be covered by partial comprehensive insurance if certain requirements are met. However, if a so-called water hammer occurs, for example if the engine is damaged due to a flooded underpass, in some cases the insurance may not cover any or only part of the damage. Before entering flood areas, it is therefore advisable to find out about relevant flood warnings in order to avoid cost risks.

What does this mean for the automotive market? As flood events and storm damage increase, insurance costs could rise as claims increase. This could result in car owners having to pay higher insurance premiums to adequately protect their vehicles. It could also result in insurance companies adjusting their claims settlement policies and terms to control their own costs.

For the consumer, this means that they should be aware that not every water damage to the car is automatically covered by insurance. It is advisable to check the existing insurance policy and, if in doubt, consult the insurance company to clarify all eventualities.

Overall, this development could lead to drivers being more sensitive to the risks of parking and driving in flood-prone areas and, if necessary, taking additional measures to prevent damage to their vehicles. This could also impact the used car market if cars with flood damage become less popular and lose value. Therefore, it is important that car owners remain mindful of the potential impact of flood damage on their vehicles and appropriate insurance coverage.