The object of car damage insurance is the vehicle itself.
The compensation scope of vehicle loss insurance generally includes five situations: first, vehicle collision and overturning; Second, there is a fire and explosion in the vehicle; Third, the collapse or fall of external objects during driving and the parallel fall of insurance vehicles cause vehicle losses; Fourth, vehicles encounter lightning strikes, storms, tornadoes, rainstorms, floods, tsunamis, subsidence, ice subsidence, cliff collapse, avalanches, hail disasters, mudslides, landslides and other natural disasters; Fifth, under the condition that the vehicle is under the care of the driver, the ferry carrying the insurance vehicle suffers from the above-mentioned natural disasters, resulting in vehicle losses.
Like many types of insurance, car damage insurance also has its own deductible. Under normal circumstances, the insurance company will deduct the accident liability deductible from 5% to 15% according to the owner's responsibility in the accident.