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if it is recovered and repairable they will pay to repair less your comp deductible, if not recovered they will pay the actual cash value of the vehicle less your comp deduct, also sales tax (or credit) title/licensing fees etc......

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Q: If a vehicle has 'full coverage' and is stolen how much will the insurance company pay out?
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Related questions

If a vehicle is stolen and is only covered by PLPD will the insurance company pay for the loss?

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.


What if car is stolen and you have full coverage?

After making a police report, contact your insurance companies claims department right away and report the theft If you have comprehensive coverage on that vehicle, then your loss will be covered under your policy. If you have rental car coverage then the Insurance Company will also pay for a temporary rental car for you to drive. It just depends how much insurance you bought. For vehicle theft claims, It is customary for the Insurance Company to wait a short time to see if your stolen vehicle is recovered for you by authorities.


Does liability insurance cover a stolen car?

Liability Insurance and the Stolen VehicleNo, Liability Insurance provides coverage for damages or injuries that we cause to others. It does not provide coverage for our own vehicle damages or theft.


Who pays for your stolen vehicle?

If you have comprehensive coverage on your vehicle, that is the coverage that will pay for your stolen vehicle.


Do colleges have insurance to cover stolen vehicles on their campus?

A campus would not be liable if a vehicle is stolen so they do not have coverage for this.


Whose insurance covers items stolen from a company vehicle at home?

I think that your insurance covers the items that were yours that were stolen, and the company's covers the car damage.


If your auto is hit by a stolen vehicle who will pay for losses like deductibles and other expenses?

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.


Does a insurance company have to pay for your stolen car if you have full coverage ins?

If by Full Coverage, you mean you also purchased Physical Damage, aka damage or loss of your vehicle and the car was confirmed stolen, preferrably via police report, the company will typically pay Actual Cash Value for your car, less your deductible.


Does auto insurance cover stolen cars?

Auto insurance will cover the theft of your vehicle if you maintain comprehensive coverage. Comprehensive coverage is generally sold in conjunction with collision coverage. However, unless there exists a lender that requires collision/comprehensive coverage, it is usually not mandated by law as it is considered "first-party" coverage (designed to protect the owner only). Comprehensive coverage also applies to the theft of belongings in the vehicle if they were permanently affixed to the vehicle. For example, if you have an after- market stereo system and sub-woofer that is stolen from your vehicle, it is covered under comprehensive coverage. However, if you leave your purse in the car and it is stolen, it is not covered because it is not permanently affixed to the vehicle.


What happens to your title loan if your vehicle is stolen and wrecked?

Since you have a loan you should be required by the lender to have full coverage insurance which will pay you the value of the vehicle. With out insurance you are still responsible for repaying the loan no matter what happens to your vehicle. It is not the lenders fault your car was stolen and wrecked...


Will homeowner's insurance cover a stolen car?

The simple answer is NO. Homeowners policies will specifically exclude any vehicle licensed or intended for road use. To get coverage you will need to have Comprehensive coverage on your auto insurance policy.


Whose insurance company do we report to if the vehicle that was stolen was borrowed from a friend?

You should report the theft immediately to the police and to the car owner's insurance company.