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Can you cancel stolen car insurance claim?

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Answered 2010-03-19 20:01:55

You can't just cancel a claim. It is basically up to the Insurance co. to either aprove a claim or deny it. However, it the vehicle was stolen, it is your resposibility to provide a police report proving that the vehicle was indeed stolen.

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I Think You Can Cancel Your insurance....idk That's Just My Guess..

Stolen car that claim was paid off by the insurance company. The car was later recovered. Because the claim was already paid the car is owned by the insurance company and they will typically sale these at auction.

since the claim is processed than you do not own the car anymore.

Yes you can, the claim is for the date of the occurrence which hopefully happened while you were insured.

Of course not! It wasn't stolen or wrecked, it was taken from you for failure to pay on the loan!Be sure to cancel the insurance.

You can accept the claim and then buy back the car. This way you get money for the claim and you get to keep your car. The price for the car will be way lower at the totaled price than what you will receive in the claim.

No, that wouldn't be a reason for claim denial. It may be a reason for them to investigate you for insurance fraud.

It is reasonable to expect that if you know who stole your car, and the police are involved, your car is probably going to be returned to you, so it is premature to file an insurance claim. If the car is returned in a damaged condition, you may then have a claim.

No, as long as you have let your insurance company know they car is stolen.

If one's car is stolen, the first step is to call the police and provide information on the stolen vehicle; then follow the advice of the police as quickly as possible so as not to delay recovery of the vehicle. The next step is to contact the insurance provider to process an insurance claim.

Insurance companies seem to ask the same questions: Were the keys in the car when it was stolen? Did you ever get a duplicate set made? Do you have the key or keys in your posession? I'm pretty sure they do not ask this unless there is a reason. Here's another question along the saem line... Will an insurance carrier cover a car that was stolen with the key's locked in the car?

Have your insurance agent transfer the insurance from the old car to the new car. You will then have no loss of coverage and will be able to get credit for the "1 year no claims" at the appropriate time.

You'll need to report it stolen. The insurance provider will require a police report before they'll honor your claim.

No it is considered stolen if someone currently has something of yours in their possesion without your permission.

Generally yes, it is called subrogation. Depending upon the circumstances as to WHY to coverage did not apply.

When a car has been repossessed the person paying the insurance should cancel it.

Selling your car with insurance claim pending, will simply null and void your insurance claim. Because your damaged car can be subjected to inspection by the Assessor of the Insurance Co. for assessment of the insurance claim any time.

It is not going to make a difference if you cancel your insurance or not. If you drive a car, you must have car insurance.

When your car is 'stolen", you file a stolen car report with the cops. Then your INSURANCE will pay off the loan. The lender will deal with the insurance co. and alls well. You dont have a car, but no payments either. BTW, the insurance co. HAS to be sure its stolen or they wont pay the loan off.

You can cancel the insurance, but you would be wise to check with your insurance agent as you probably should continue to carry comprehensive and liability. Comprehensive would be for anything stolen from the casr or damage to the car while it sat and liability if it was stolen and there was an accident. Depending on your financial situation, you may want to consider and 'Umbrella Policy' for a certain amount to cover your assests if you were ever sued because of a personal injury claim be it with you car or on your property. This would be above and beyond your auto liability coverage.

If they denied that claim for cause, such as fraud, then there is nothing you can do. If they did not have cause, you can try contacting the department of insurance in your state. That is of course, as long as you had comphrensive coverage on the policy. If you did not have coverage, they do not have to pay for anything.

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