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Recently, the "no-fault no-compensation" clause of automobile insurance offered by insurance companies has aroused controversy from all sides. What many car owners don't know is that after they insure their vehicles, if an accident occurs, the "no-compensation" clauses they might encounter are far more than just this one. According to summaries provided by industry insiders, most insurance companies have at least ten "no-compensation" clauses for automobile insurance policyholders. Car owners must be well-informed about these various liability-exemption clauses beforehand.
Experts in the insurance industry suggest that when purchasing automobile insurance, car owners should ideally have a basic understanding of insurance knowledge, clearly understand what falls within the scope of insurance liability, what is absolutely exempt from compensation or partially exempted, and be familiar with the reporting time limit and claims process of the insurance company.
Top Ten Common "No-Compensation" Clauses in Automobile Insurance:
1. No compensation for accidents involving family members.
The first and second parties refer to the insurer and the insured (the driver is considered equivalent to the insured). Except for these people, everyone else is regarded as a third party. According to the insurance terms, family members of the insured or the driver do not fall under the category of "third party." Therefore, if a vehicle hits a family member, the commercial third-party liability insurance specifies it as an exemption. Similarly, if two vehicles collide and both belong to the same entity, they cannot be treated as third parties to each other. Hence, according to the terms, there will be no compensation, and it cannot be covered by third-party liability insurance.
2. No compensation for damage to headlights or side mirrors alone.
This exemption clause is designed to combat fraudulent practices by some repair shops. Previously, some repair shops used damaged headlights or side mirrors swapped from other identical models to fraudulently claim compensation. On the other hand, because of this exemption clause, even unintentional scratches may go uncompensated. However, not all vehicle damage insurance policies adopt this exemption clause. Some insurance companies offer coverage under their policies, but not all of them do, so customers should clarify this before purchasing insurance.
3. No compensation if you let the fully responsible party escape.
If your vehicle collides with another vehicle and the responsibility lies with the other party, you should not abandon your right to compensation from the other party due to reasons such as lack of time or inconvenience. Once the car owner gives up the right to pursue compensation from the third party, they also give up the right to claim compensation from the insurance company.
4. No compensation for engine damage caused by forced ignition in deep water.
If the vehicle enters deep water and the engine stalls, any damage caused by the driver forcibly igniting the engine is excluded from coverage under the vehicle loss insurance because the damage is due to improper operation by the driver. However, to provide more comprehensive protection for the car owner, insurance companies have developed special engine loss insurance. If the car owner purchases this additional insurance, then compensation can be claimed.
5. No compensation for losses incurred during repairs.
If any collision or theft occurs while the vehicle is being repaired, the insurance company will deny compensation because the repair shop is responsible for properly safeguarding the vehicle during repairs.
6. No compensation for towing uninsured vehicles involved in accidents.
If a car owner drives a vehicle towing another vehicle without compulsory traffic insurance or is towed by a vehicle without compulsory traffic insurance or third-party liability insurance on the road, and an accident occurs where the car owner is fully responsible, the commercial third-party liability insurance will not make any compensation.
7. No compensation for privately installed equipment damage.
Many car owners install additional equipment such as sound systems, radios, fridges, spoilers, or roof racks after purchasing a vehicle. If an accident causes damage to the privately installed equipment, the insurance company will not compensate for it. The car owner needs to purchase separate insurance for the added equipment.
8. No compensation for damage caused by items inside the vehicle.
If the vehicle is damaged by items loaded in the cargo area or on the roof, the insurance company does not cover the damages.
9. No compensation for repairs made without prior damage assessment.
If an accident occurs, the car owner should first get a damage assessment from the insurance company before repairing the vehicle; otherwise, the insurance company may refuse compensation due to the inability to determine the loss amount.
10. No compensation for stolen vehicle parts.
If only parts of the vehicle, such as tires or sound equipment, are stolen, the car owner must bear the loss themselves.
In addition, situations such as driving under the influence, driving without a license, expired driving licenses or registration certificates, or accidents occurring during probationary periods on highways that violate traffic regulations will also result in the insurance company refusing compensation.
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