
Sign up for consultation
When a car is hydrocklocking, settling insurance benefits is an issue that needs attention when owning a vehicle. This phenomenon can cause major damage to the engine, leading to high repair costs. Hydrocklocking insurance helps car owners reduce the financial burden when an incident occurs. This article will provide detailed information about water damage insurance, its benefits and how to choose appropriately.
Hydrocklocking shock occurs when water enters the cylinder combustion chamber through the engine’s air intake, causing the engine to suddenly stall. The cost of repairing an engine damaged by hydrostatic shock is often very high. Therefore, many car owners choose to buy water damage insurance to receive financial support when encountering this situation.
When participating in hydrocklocking insurance, customers are usually supported from 70% to 80% of repair costs if the vehicle stalls while going through a flooded area and does not intentionally restart it. However, if the car owner intentionally restarts the engine after being flooded, the insurance company may refuse to pay.
The subject of hydrocklocking insurance is usually cars with a usage time of less than 10 years. Insurance companies usually do not provide water damage insurance for vehicles that have been used for more than 10 years due to the higher risk of damage in an accident.
Customer benefits when purchasing hydrocklocking insurance include:
Compensation for damage caused by a car being hydrocklocking is usually determined from the time the car stalls due to flooding. The specific compensation level will depend on the level of damage and the terms of the insurance contract. Typically, the insurance company will pay 70% to 80% of the actual repair cost.
Hydrocklocking insurance prices usually range from 0.3% to 0.5% of the vehicle’s value. For example, for a car costing 500 million VND, the water damage insurance premium can range from 1.5 million to 2.5 million VND. However, the specific fee also depends on many other factors such as vehicle type, year of manufacture and each insurance company’s policy.
When choosing hydrocklocking insurance, customers should consider the following factors:
Some reputable insurance companies providing water damage insurance in Vietnam include:
To prevent water shock and minimize risks, car owners should pay attention to some driving skills through flooded areas:
Hydrocklocking insurance is an effective solution to protect vehicle owners’ finances in the event of a flooding incident. However, choosing the right insurance package and following safety rules when driving through flooded areas is still the most important factor to ensure the safety of people and vehicles.
Hydrocklocking insurance is an effective solution for financial protection when your vehicle is flooded. Customers need to consider carefully when choosing a suitable insurance package. For detailed advice on water damage insurance and other auto insurance services, please contact the hotline 0906735386. We are ready to assist customers in choosing the optimal protection solution for their vehicles.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
Leave your email to receive the latest information from us
CONTACT: 0906 735 386
Copyright 2024 © Tư vấn Đầu tư Long Phan. All rights reserved.