no mate they wont pay u out so u just got screwed over
yes ,if you want to have it insured when it gets stolen
I think that your insurance covers the items that were yours that were stolen, and the company's covers the car damage.
You or your insurance company. The owner of the stolen vehicle would not be responsible because their vehicle was stolen and the driver of the stolen vehicle's insurance would not cover it because he was driving a vehicle that was not on his policy and he did not have permission to drive.
Most insurance companies will give you at least the low kelly blue book price. But it really depends on what you are insured for.
It is a vehicle that doesn't actually exist, but is insured under a fake title so that it can later be reported stolen. This is done in a type of insurance scam called a false vehicle scheme.
You must have comprehensive coverage in order to recover on a claim from your insurance company if your vehicle is stolen. Liability only is just that, liability for your legal liability for damage or injuries to others.
You should report the theft immediately to the police and to the car owner's insurance company.
hello hi
Unfortunately, there is nothing you can do with your insurance company. If you only have liability insurance, they do not pay anything to have your vehicle replaced.
If the vehicle is/was encumbered by the original loan then it should be insured. If there is no insurance or the insurance does not cover theft the purchaser is still responsible for the full amount of the loan. The issue of the vehicle being stolen does not affect the legal responsibility of the buyer to honor the loan contract.
You still have rights to recover the vehicle. The finance company may help you look for it if they're desperate enough to get it back. Even if your car was insured, you would legally have to payback the finance company for the car since you broke a binding finance contract.
Rental cars are insured. You can not rent a car without insurance. The insurance will cover the theft so long as the renter is not found to have been involved in the disappearance of the vehicle.