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Understand the type of car insurance you need to protect against flood damage and what to do if your car is damaged by floodwater in this helpful guide from Savvy.
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Savvy Editorial TeamFact checked
Australia is no stranger to extreme weather events, including floods. For car owners, flooding can wreak havoc, causing extensive damage to vehicles. However, having the right car insurance coverage can offer protection and peace of mind. In this useful guide, we will explore the impact of floods on vehicles, the type of car insurance coverage you may need, and the steps to take in the event of flood damage.
Whether your car insurance covers flood damage depends on the type of car insurance policy you have. If you have comprehensive car insurance, your vehicle is typically covered for accidental loss or damage caused by various events, including floods. Comprehensive car insurance offers the highest level of protection and is designed to cover a wide range of risks, including natural disasters like floods, storms and hail.
Depending on your policy, you may be covered for:
However, if you have a third-party car insurance policy, it is unlikely to cover flood damage to your vehicle. Third-party insurance primarily provides coverage for damage caused to other people’s property or injuries in case of an accident where you are at fault. It does not include coverage for your vehicle in case of flood damage.
If you are worried about flood damage, you should review your car insurance policy carefully to confirm whether it includes flood damage coverage. If you do not have comprehensive coverage and live in a flood-prone area, upgrading your policy could ensure greater protection for your car.
Dealing with a flooded car can be overwhelming, but if your car has been exposed to floodwaters and you have appropriate car insurance cover, you should:
While floods can be unpredictable, there are steps you can take to protect your car from potential flood damage:
Disclaimer:
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Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.
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