Does the car insurance cowl flood harm? – Information singing USA
The answer depends on what type of insurance you have taken out.
HOUSTON – Whenever there is heavy rain in Houston, the photos and movies of cars stuck in flooded streets pop up on social media. For these affected drivers, their first question is likely to be, "Can the insurance company take care of this?"
The answer depends on what type of insurance you have taken out. If you have fully comprehensive insurance in your car, the flood damage is covered.
You may want to name your insurance company and document the damage to your car. An appraiser will look into this and fix it if your car is worth enough to repair it or if a total write-off is required.
If it is a total loss, the insurance will make it difficult for you to verify the value of the car. That's probably less than you owe on the car, and there's a gap policy here. It pays off. If you don't have niche coverage, you still owe the rest of the mortgage.
If you do not have full insurance, you still have to name your insurance and an appraiser will still want to check it. The difference is that you can't expect to be paid out for repairs or in the event that your car is totaled.
In any of these situations, you can choose to have your car serviced and repaired, even if it is a total write-off. According to the Texas Department of Insurance, you must notify your insurance company, who can deduct the residual value of the car from the amount, if any, that you purposely pay for. You may also want to obtain a salvage title.
Find your car
If you have had to park your car in high tide, you may want to find the location where it was towed.
The Houston Police Dept. provides a website: FindMyTowedCar.com
If you left it in any other county, below are the numbers you want to name:
Harris Co.- 713-308-8500
Fort Bend Co.- 281-341-4665
Montgomery Co.- 936-760-5871