3. Own damage to the insured vehicle
This cover includes, subject to the limits established in the policy, partial damage or total loss of the insured vehicle as a result of an accident due to an external, sudden and immediate cause beyond the control of the driver, whether the vehicle is in transit or parked or in the process of being transported.
To this end, the insurance expressly covers damage due to:
- Overturning or fall of the vehicle and collisions with other vehicles or any other moving or stationary object.
- Sinking or collapse of land, bridges or roads.
- Malicious damage by third parties, provided the insured has done everything possible to prevent it from occurring and that it is not the result of terrorism, rebellion, insurrection, riots, civil unrest or acts or actions of the armed forces or security forces and services in peacetime, which is covered by the Insurance Compensation Consortium, pursuant to the terms of Article 33 below.
- Accidents caused by material flaws, manufacturing defects or poor conservation, in which case the cover provided by the insurer will be limited to the repair of the damage caused by the accident and will not include the faulty or poorly conserved parts.
- Damage or flaws caused to the insured vehicle's interior upholstery as a result of assisting accident victims, up to a maximum 300 euros.
- Broken windows, subject to the scope and exclusions set out in Article 6.
- Damage caused by hail.
- Luggage or personal items of passengers in the insured vehicle as a result of an accident, up to a maximum of 500 euros per claim .
Where expressly so agreed in the policy schedule, the cover provided under this article will be limited to the total loss of the insured vehicle.
For consideration as a total loss, the terms of the Preliminaries - (Definitions) shall apply.
INDEMNITY BASED ON VALUE AS NEW IN CASE OF TOTAL LOSS
If the vehicle is less than four years old, in case of total loss the indemnity will be calculated based on the vehicle's value as new immediately prior to the occurrence of the claim (less the value of any scrap), in accordance with the following scale:
- 100% of the value as new, if the vehicle is less than two years old
- 80% of the value as new, if the vehicle is more than two years old but less than three years old.
- 70% of the value as new, if the vehicle is more than three years old but less than four years old.
If the vehicle is more than four years old, the indemnity will be made for its actual cash value plus 30% (less the value of any scrap).
Any enhancements or components permanently installed in the vehicle when it leaves the factory, as well as any accessories declared in the policy, will be indemnified as indicated in the preceeding paragraphs.
The deductible agreed in the policy will not be deducted for the total loss of the insured vehicle.
The vehicle's age will be calculated from the date of its first registration, even when said registration occurred somewhere other than Spain.
IN CASE OF PARTIAL DAMAGE:
The indemnity will be calculated as the cost of repairing the parts that need to be replaced and the labour required to make the repairs.
THE FOLLOWING IS NOT COVERED:
a. Damage caused to the insured vehicle by trailers in tow, transported objects or the loading or unloading of same.
b. Damage caused to trailers towed by the insured vehicle and to motorhomes.
c. Damage caused by the freezing of engine water.
d. Damage exclusively affecting the tyres (tyres and inner tubes), except in case of total loss of the vehicle or in cases where the insured vehicle sustains other material damage, as well.
e. Any depreciation of the vehicle as a result of its repair following a claim.
f. Damage affecting accessories, except where the accessories are expressly listed in the policy schedule.
g. Damage caused as a result of the insured vehicle's transit through areas that are not suitable roadways, except where otherwise agreed in the schedule.
h. Mechanical malfunctions.
i. The cost of transporting the vehicle when it has been damaged in an accident, except where this cover has been taken out, as per the terms, specifically, of Article 11 (Roadside assistance) and Article 24, Section E (Claims-Roadside assistance) below.
j. Damage caused by natural phenomena that are legally classified as extraordinary risks, without prejudice to the cover of same under the indemnity clause for claims arising from extraordinary events (Article 33)
k. Damage to professional items or tools transported in the vehicle.
l. The repair or mere wear and tear due to use or insufficient upkeep and the correction of manufacturing flaws or faulty repair work.
m. Damage affecting guaranteed luggage and personal items transported in the vehicle in excess of 500 euros per claim.
Sociedad de Agencia de Seguros Vinculada... Linked insurance agency
Liberty Quality Motor (Car insurance)
Car insurance (different kinds)