if your car becomes caught in a flood does insurance cover replacement or repair?

Answer 1

depending on how good of insurance you have it will usually replace the vehicle,,instead of repair,,it all depends on how bad it was flooded,,and what the actual estimate of repair is on it,,if its over half the value of the car they usually just replace it,,to avoid long term problems,,i hope this helps .

Answer 2

Flood loss will be covered under comprehensive (if you have it). Flood damage to a vehicle can be really, really bad, (salt water, sewage and/or chemical contaminated waters, etc) or really simple (car runs through rain flooded street, carpets get wet). A fresh water flood that does not soak electronics and contaminate transmission/diff. with water are pretty easy to repair and the vehicle usually comes off better than it was prior to the loss. Usually get new felt under carpets, complete shampoo/detailed interior, serviced brakes, bearings, etc. Water that fills the interior over the seats and sits for hours and hours are usually too far gone to attempt repairs -- electronics, if not soaked, get very damp, seatbealts assys rust, wiring connectors corrode, transmissions fill with water, and on and on. Be warned: there is no policy I am aware of that states replacement of the vehicle; it will be MARKET VALUE only.

Answer 3

It depends on the state this happened in. Some states will repair a car if it is economically feasible (less than the ACV), other states have laws where if the water reaches a certain point in the vehicle, it is considered a total loss. But then, you have to have comprehensive coverage for them to cover this loss.

Answer 4

Only for the value of the car. Lots of people do not carry GAP coverage so if you are upside down because some one talked you into traiding in your last unpaid for car and roll that $13,000 INTO THE NEW LOAN!. The extra amount you are paying is not covered. just the value of the car not the mortage you took out on it

Answer 5

Yes, that is if you have the comprehensive coverage on your insurance.

Answer 6

if you have full coverage (comprehensive and collision) it will, cause it includes flood, theft, vandalism, etc.
But you must pay your deductible wich will be most likely 500.