Accidental Loss
The dictionary defines an accident as “an unforeseen or unexpected event, a chance, a mishap.” Accidental damage or loss happens as a result of an accident. The term accidental damage is also a description of a class of insurance – accidental damage insurance.
One of the characteristics of insurance is that the loss must be completely accidental. If the loss is not accidental it is not an insurable risk. One cannot insure against a risk that will most certainly take place sooner or later. In car insurance accidental loss is always included in comprehensive insurance. If you are involved in a car accident your insurance will pay for the repair of your car if it is established to be the result of an unforeseen accident. When you take out third party, fire and theft cover only you are not covered for accidental loss.
Damage to your car as the result of wear and tear is not an insurable risk; wear and tear is a given, it is not due to an accident. Unfortunately there are deceitful people who will stage a loss to look like an accident, just to claim money from insurance. Therefore every accidental loss is investigated by a loss assessor appointed by the insurance company to ascertain if the loss can be classified as a valid claim.