Read your policy.
No, even if it did, it would be less than you deductible anyway. Car keys cost about 7 dollars to replace by a brand car dealer. all you have to do is give the dealer your vin number.
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.
The insurance should pay the loan (if your lucky it'll pay all of it) If there was no insurance then you still have to pay for the loan. I had a car stolen and I had to keep paying for it until the insurance finally paid it off and I was left with $50 in the end to get a new car with.
IF the car was stolen, reported as stolen to the cops, the ins. should be paying the loan off. IF the ins. co. does not think the car is stolen, they wont pay and its as if the car was NOT stolen. So, you have to pay notes and insurance on the collateral. Bottom line??? HELP the ins. prove it was stolen and the problem will go away. MERRY CHRISTMAS.
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.
Insurance is supposed to return the car to the condition it was before it was stolen.
If the police can't find the car thief, your insurance will have to pay for it. If they CAN find the car thief and he/she has nothing, your insurance will STILL have to pay for it.
Probably because the owner did not exercise normal precautions and by leaving the keys in the vehicle actually participated in its theft. Call that lawyer who advertises on TV. If he can't get the insurance to pay, he'll get a judgment against the owner. The owner of a stolen vehicle is not responsible for the actions of the thief that stole their vehicle. If there is no liability on the owner, the insurance company does not owe the claim for property damage to others.
NO, all insurance companies require you to carry insurance on a vehicle with a lien. What if it catches on fire or is stolen.
Most insurance companies will only pay the blue book value of the car at the time that it was stolen. Check the Kelley Blue Book or the National Automobile Dealers Association for approximate values.
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.
you need to have Comprehensive coverage on your policy.
You will need a Comprehensive policy and you will need to report it stolen with the police. If they are found and the car is not, you will need to follow up on this and take them to court. If at any time you drop the charges, the insurance company will revoke their money used to pay the claim. This will increase your premium, but you would get your car replaced. If your car is recovered and it is damaged, then the claim will cover the damage in the same situation. Again the dropping the charges against your family, will drop the claim on the car. The insurance company (as will law enforcement) will consider it a Civil matter instead of a criminal mater when you drop the charges.
You are responsible for the difference in what the car is worth,(Insurance Payment) and the balance of the loan. Insist the insurance pay you the NADA retail value of the car, not the Blue Book value.
No, the seller is obligated to provide clean title. If the dealer has sold a stolen car, you should be able to get all of your money back.
If YOUR belongings were in the friend's car and they were stolen, they are covered on YOUR homeowners or renters policy. If your friend's belongings were stolen from a car, HIS or HER homeowners/renters policy would pay.
It is, you should cover any assets that you own in case they are damaged or stolen.
I am sure that theft insurance functions just like collision. The insurance company has the option of repairing the car or declaring it "totalled" in which case they give you fair market value for the car (they do not have to pay it off)
To the insurance company.
you will have to pay a debt and GET CAR INSURANCE
Yes your insurance will pay for it because if you have good insurance it will pay for it
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.
Auto insurance: Repair on a car involved in an accident; Renter's insurance: Replacement of a computer stolen from an apartment; Life insurance: Funeral expenses; Health insurance: A trip to the emergency room.