Does Flood Insurance Cover Damage to My Car?

Your home and automobile are two of your most valuable assets, making suitable insurance policies essential investments. However, at times, knowing which type of insurance may address your various needs can be complicated. Where coverage pertaining to your home ends and that offered by your auto insurance begins is an essential line to locate and understand, particularly in regard to potentially devastating disasters, such as floods.

What Is Flood Insurance?

Flood insurance is a type of coverage often purchased by property owners and renters. Since standard homeowners, renters and commercial property insurance policies typically exclude damage caused by floods, these policies are often necessary to address a potentially problematic coverage gap. Specifically, flood insurance may help pay for building repairs and personal property losses caused by external water. However, coverage does not typically extend to your automobile.

Does Coverage Extend to Vehicles?

Like standard home insurance, flood coverage typically focuses on your home and belongings, but not your motor vehicle. Fortunately there are other coverage solutions available for such needs. Personal auto insurance policies are typically made-up of several types of coverage. One of the most commonly purchased components of auto insurance is comprehensive coverage.

What Is Comprehensive Coverage?

Comprehensive coverage often couples with collision coverage to help policyholders address physical damage to their vehicles. While the latter can help you recover repair costs made necessary by crashes, the former may address a multitude of other incidents, including fires, theft, vandalism and weather-related losses, such as those arising from floods. Since flood insurance that you’ve purchased for your home typically won’t cover vehicular damage caused by floods, prioritizing comprehensive coverage within your auto insurance policy is highly advisable.

Learn More

Contact JSW Insurance in Dublin, CA today to discuss flood-related coverage needs and secure ideal policies.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.