People who have NFIP or some other flood coverage generally know that claims involving specific flood damage will usually cover the primary structure on the property, but some other side issues involve quite a lot of question marks in many flood claims. One of the most common questions revolves around vehicles that are on the property when flood damage occurs. Any time that flood waters reach over about a foot in depth, cars, trucks and other vehicles trapped in standing water can experience severe damage. So will a home policy cover flooding damage to a vehicle?
Comprehensive Auto Insurance
The quickest answer that many insurance agents will give is that vehicle flooding should be covered by a comprehensive auto insurance policy. However, comprehensive auto insurance is not the part of the state-mandated insurance that drivers must buy to stay on the road legally. It is an additional, optional coverage made specifically to protect vehicles from theft, vandalism and other scenarios, like flooding.
Many reports within the insurance industry show that flood damage to vehicles is usually covered under a comprehensive insurance policy, unless it is listed as an exclusion.Although flood damage to vehicles is often covered under a comprehensive policy, it's a good idea for vehicle owners to check their specific coverage before a crisis happens, just to make sure that have the right kind of coverage.
Other Auto Flood Coverage
One problem is that many drivers don’t invest in comprehensive insurance for their vehicles. Those who are leasing or financing a vehicle may be forced to buy comprehensive coverage by lenders, by those who own vehicles outright may not have this additional insurance. Then the question of whether a home policy would cover vehicle flooding becomes more important. There’s also the issue of what insurance is considered primary for this kind of claim, and when more than one policy is in play, there can be a lot of back and forth in between insurance companies.
As some experts have pointed out, home insurance policies may cover a flooded vehicle as part of the personal property indicated in the claim. Insurance companies sometimes address this issue somewhat vaguely, where home coverage simply applies to personal property as listed in a policy provision. That’s why, when it comes to the issue of specific vehicle coverage, the answer often comes down to whether that vehicle is listed in a detailed statement of covered items that is made, partly for underwriting purposes, at the time that the homeowner’s or renter’s insurance policy is being written.
Finding the right Millersport independent insurance agency to cover vehicle flooding can take some wrangling after a flood event happens. Think about these relevant questions to determine your policy coverage before it’s necessary to make a flood claim against a homeowner's or renter's policy. For a quote on complete insurance protection for your car, call Tom Jones Insurance at 740-467-2040.