[Car owners’ home car knowledge]The so-called first party and second party refer to the insurer and the insured (the driver is regarded as the insured), and everyone other than these people is regarded as a third party. In the insurance clauses, family members of the insured or the driver are excluded from the category of "third parties". Therefore, if a vehicle hits a family member, the insurance company will treat it as exempt. Similarly, a collision by a vehicle owned by the same company cannot be compensated through third-party liability insurance.
1. No compensation will be paid if the car lights or reversing mirrors are damaged individually.
This exemption clause was formulated to deal with insurance fraud committed by some repair shops. In the past, some repair shops often used damaged car lights or reversing mirrors to replace them and install them on other cars of the same model to obtain compensation. On the other hand, because of this exemption clause, many car owners will not be compensated even if they are accidentally scratched.
2. Let the person who is fully responsible for the accident run away without compensation.
If a car owner collides with another vehicle and the other party is responsible, he cannot give up his right to demand compensation from the other party because he is in a hurry or for any other reason. Once the car owner gives up the right to seek compensation from a third party, he also gives up the right to demand compensation from the insurance company.
3. No compensation will be paid if the engine is damaged due to forced ignition in deep water.
When the vehicle travels deep into the water and the engine stalls, and the driver forcibly starts the engine, the insurance company will not compensate for damage to the engine because the damage is caused by improper operation by the driver.
4. Loss caused during vehicle repair will not be compensated
If the vehicle suffers any damage such as collision or theft while it is being sent for repair, the insurance company will deny compensation because the repair shop is responsible for properly keeping the repaired vehicle.
5. If you are involved in an accident while towing an uninsured car, you will not be compensated.
If a car owner takes full responsibility for towing a vehicle without third-party liability insurance and collides with another vehicle, the insurance company will not make any compensation.
6. No compensation will be provided for equipment installed privately.
Many car owners will install speakers, radios, refrigerators, tail wings, luggage racks, etc. after buying a car. If an accident occurs and the equipment is damaged due to private installation, the insurance company will not compensate for it. Car owners need to insure separately the equipment they add.
7. No compensation for damage caused by items on the vehicle
The insurance company will not be responsible for compensation if the vehicle is hit by objects carried in the compartment or on the roof.
8. No compensation will be paid for direct repairs without damage assessment.
If a vehicle is involved in an accident overseas, the owner needs to determine the damage before repairing the vehicle, otherwise the insurance company may refuse compensation because it cannot determine the amount of the loss.
9. No compensation will be paid if vehicle parts are stolen
If only parts of the vehicle, such as tires, audio equipment, etc., are stolen, the owner can only bear the loss.
Many car owners have so-called "full insurance" on their new cars the moment they pick up the car from the 4S store. The literal meaning of "full insurance" can easily make people think that "everything is covered". In fact, the term "all-risk" is just a vague concept invented by insurance companies in order to attract customers. It usually only includes a few types of insurance, such as car damage insurance, third-party liability insurance, theft insurance, glass insurance, scratch insurance, vehicle occupant insurance, and excluding deductibles.
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