Car engines can catch fire for many reasons. From arson to accidents, the list of possible causes might be broad, but will always bring you back to the question of insurance coverage. Is an engine fire accident covered or not? Continue reading to learn what you need to know about car insurance engine fire claims, and your options for recovering a payment for your junk vehicle.
Comprehensive Insurance Coverage
Unless you have comprehensive insurance coverage for your vehicle, it WILL NOT be covered under policy in the case of an engine fire. You see, collision coverage will cover car wrecks, while comprehensive insurance policies cover all types of damage that can happen to a vehicle aside from a collision, such as vandalism, fallen tree, flooding, theft, and of course, engine fires.
In some states, comprehensive insurance coverage is mandatory for all vehicle owners, but most states keep it optional. However, if you are financing your vehicle, it is likely that your lender will require comprehensive coverage, even in you live in a state that does not legally enforce such insurance. This is especially true if the vehicle is being used as collateral for a loan.
Engine fires can happen for a variety of reasons. Sometimes, engine fires are intentionally started for the purpose of vandalism, which is referred to as arson. Other times, car engines catch fire as a result of serious collisions, improper fuel storage, and faulty or defective automotive mechanics. Most auto insurance does not coverage mechanical malfunctions, but engine fires are typically an exception under such policies.
If an engine catches fire in your garage, even if the cause was accidental or a result of a system failure in the house, it will not be covered under homeowners’ insurance, but would be covered under comprehensive. Similarly, if your car is vandalized and set on fire, it will not be covered under your homeowners’ nor your automotive insurance (unless you have comprehensive).
Total Loss Vehicles
Virtually all engine fires cause a vehicle to be a total loss, which means the cost to repair it back to its original, pre-accident condition is higher than the current market value. When this happens, and you do not have comprehensive insurance coverage, you might be feeling like you are out of luck. Although you cannot receive an Actual Cash Value insurance settlement to buy a new car, you can sell it to a local junk car buyer. A Cash for Cars Company will pay you on the spot for your vehicle, regardless of its condition. This profit can be handy, as it can be applied toward a new car or car payment.
How Sell a Junk Car in Indiana
Call GC’s Junk Cars at 317-608-2188 to sell a junk car in Indianapolis, Indiana. We make the car selling process as easy as possible by offering FREE towing with our in-house tow truck! So all you have to do is call and accept our offer. We will schedule a time to pick up your vehicle and pay you CASH ON THE SPOT! We accept all vehicles and motorized commodities, regardless of age or condition. Request a free estimate, today!