INT'L
Terms
  1. It is a type of security for the auto insurance that pays for the insured against any damages resulting in the loss of property, destruction, or the damage of another’s property by the auto accident caused during the term of the ownership, use and, the management of the vehicle.
  2. It is an accident in which a vehicle is stolen and is not recovered within 30 days from when it was reported to the police, resulting in the handling of the auto insurance. (This handling is available only if you subscribe to an auto insurance to cover for your own vehicle’s damage.)
  3. This is an accident in which the amount of the insurance coverage to be paid has not yet been determined because the handling of the accident is not completed after the insurance company has begun the handling of the auto accident.
  4. It is an amount paid by the insurance company with the exclusion of the deductible and the error compensation in the case of an insurance accident occurring in an automotive insurance.
  5. If a vehicle is damaged due to an auto accident, it is the direct cost of repairing the car such as components, labor, and painting, with the exclusion of any indirect damages such as auto transportation cost and rental fee and any error compensation, among others.
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Flood Damage History
A service that provides information on the vehicles with flood damage based on the auto insurance accident records.
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Flood Damage History

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It is a service that provides information on the occurrence of the flood damage accidents based on the auto accident data. It does not, and can not, provide any relevant information if the insurance company has not received the reports on the relevant facts of the insurance accidents, or if the accidents were handled without going through the auto insurance.

Flood damage insurance accident?

It is the case in which the water enters into the vehicle while it is under the operation and the engine turns off, or the case in which the water enters into the engine whereby the operation of the vehicle becomes unfeasible while the vehicle is parked, resulting in the damages against the vehicle (only available if the vehicle is insured for own damages).

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