36,214 Flood-Damaged Vehicles Reported Over Five Years
96% of Cases Occurred Between July and October

The Korea Insurance Development Institute announced on August 5 that it is offering a free flood-damaged vehicle inquiry service on 'Car History' to help prevent consumer damage caused by purchasing flood-damaged used cars.


As abnormal weather phenomena caused by climate change persist, this year has also seen significant flood damage due to extreme heavy rainfall. From July 16 to 9 a.m. on July 21, approximately 3,100 vehicles with flood damage were reported to insurance companies.


Over the past five years, from 2020 to last year, there were 36,214 cases of vehicle flood damage handled through auto insurance. Of these, 95.6% (34,605 cases) occurred between July and October.


A vehicle is submerged in water.

A vehicle is submerged in water.

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Even if a flood-damaged vehicle appears fine on the outside, there is a significant risk of corrosion or malfunction in key components such as electronic equipment, braking systems, and the engine. Since repeated vehicle malfunctions or safety accidents during driving may occur over time, special caution is required.


With the 'Free Flood-Damaged Vehicle Inquiry' on Car History by the Korea Insurance Development Institute, users can check whether a vehicle has been flood-damaged and the date of flooding simply by entering the license plate number or vehicle identification number. However, since this service is based on accident information submitted by insurance companies, incidents not compensated through auto insurance cannot be identified.



Heo Chang-eon, President of the Korea Insurance Development Institute, stated, "We will actively support safe and transparent used car transactions for the public through the flood-damaged vehicle inquiry service."


This content was produced with the assistance of AI translation services.

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