Flood damage to your car is covered by comprehensive insurance.
Some lenders may require this kind of coverage if you finance your car, while others may consider it optional. This indicates that not all motorists have comprehensive coverage.
The additional premium you pay for it depends on the deductible you select and the value of your vehicle.
Your coverage and payments may also be affected by other factors, such as where you live and your provider.
If they have the money to fix or buy a new car, some people may decide not to have comprehensive insurance. Then, in the event of a flood, they would pay for everything on their own.
