Having your car stolen is a legitimate worry that many people have. Maybe your neighborhood has become a target recently. Maybe you keep your vehicle in a parking garage during work hours. Or maybe you like to run to the store late at night to grab that ice cream you’ve been thinking about all day. Whatever the case may be, what can you do to protect yourself from such a terrible injustice?
Does renters insurance cover car theft? Does car insurance cover theft from car? In this article we will answer those three questions.
Does Liability Only Cover Car Theft?
Does Car Insurance Cover Theft From Car? First, What is Liability? Simply put, it’s the most basic of insurance and protects you in case you were to cause an accident that resulted in bodily injury or property damage; thus having to pay out of pocket for those damages. It is required in almost every state.
But does car insurance cover theft from car?No, liability insurance does not. What about full coverage?
Does Full Coverage Cover Theft From A Vehicle?
Full Coverage is Liability + Comprehensive and Collision.
Collision covers any additional damages that may occur from colliding with an object or vehicle, regardless of who is at fault. Liability and Collision both do not cover car theft.
Comprehensive covers damage to your vehicle caused by non-collision events, such as weather. But does Comprehensive cover theft of a vehicle? Yes!
So, does car insurance cover theft from car? The answer is yes, only with comprehensive coverage added. But please note, though comprehensive coverage covers theft of a vehicle, it does NOT cover what is inside the vehicle. Also your insurer will pay you the Actual Cash Value of your vehicle. But keep in mind things like interest and depreciation.
Gap Coverage
If you are currently paying on your vehicle, you may consider adding Gap Coverage to your insurance policy because if the amount you owe is greater than the actual cash value of your vehicle, you could find yourself paying more than anticipated. Gap Coverage fills in the “gap” to an extent. Ask your insurance agent if Gap Coverage is for you.
Homeowners & Renters
Does Renters Insurance cover car theft? Does Homeowners Insurance? No, it does not. It does, however, cover the personal property inside of a stolen vehicle. Your home or renters insurance will provide you with the Actual Cash Value of your stolen items.
What does this mean? Let’s say you bought an apple iPhone (or Samsung I suppose) for $1,000 last year, but it’s been stolen. The actual cash value of the phone is now $700 because of depreciation and interest. You can, however, opt out of the actual cash value or replacement cost for a Addional price. Articles like expensive jewelry, camera, laptops may only be covered under a specific policy. So check with your insurance agent to see what your options are to protect the things you posses.
When Your Car Is Stolen
If your car is stolen, you need to act quickly and do these three things:
Call the police to file an official report. This provides proof that your vehicle was stolen and increases the likelihood of recovering your vehicle.
Notify your auto insurance company to file a claim.
Notify your homeowners/renters insurance company to file a claim for any stolen items that were inside your vehicle.
Tips To Lower The Risk of Car Theft
Keep your car locked at all times – even if you are only going to be away for just a few minutes.
Park your vehicle in a well-lit area, like under a street light.
Make sure your alarm is on and activated whenever you are away from your vehicle. If you don’t have an alarm, you might consider installing one.
Do not leave your keys or valuables inside your vehicle.
Always keep your windows closed completely when not inside the vehicle.
Liability only insurance will not cover theft of a vehicle.
Auto Insurance does not cover any personal property taken from inside the vehicle, however, homeowners and renters policies do cover personal property.
Comprehensive coverage will cover your vehicle in the unfortunate event your car was stolen.
So, does car insurance cover theft from car? Yes, comprehensive, otherwise known as “full coverage”, does!
Motorcycles, RVs, ATVs, life insurance, you name it…we can help!
Your phone will get blown up for 3...read moreYour phone will get blown up for 3 days by random insurance people all of them got their information from these guysread less
J T.
7/21/2021
Crystal gave me a fantastic quote 1 1/2...read moreCrystal gave me a fantastic quote 1 1/2 months ago, helped me pick the right policy and was extremely helpful when I set up my new policy today. She made it very easy to follow and she was very professional and nice. Even with an at fault accident and a ticket she got me insurance that was $100 cheaper than my old insurance. I HIGHLY recommend using this insurance and as for Crystal, she was fantastic! I would give more than 5 stars if I could.read less
Jaime H.
7/21/2020
I was able to take care of everything...read moreI was able to take care of everything over phone and email, very reasonable rates and several options for companies, down payment, and monthly payment amounts were given. Great job and thanks again, highly recommend.read less
Jim R.
5/14/2023
Helped me so much thankyou
Katherine B.
5/26/2023
Katie and Crystal worked well with me and...read moreKatie and Crystal worked well with me and helped me find the right policy and deal. I will definitely recommend to friends and family.read less
Sandra
7/21/2021
She was great n patient
Takemia W.
7/21/2021
I worked with Lauren McKenzie for my quote....read moreI worked with Lauren McKenzie for my quote. I moved from Georgia recently and my insurance with Geico went up 3x literally. I worked with Lauren for quotes for 2 cars and 2 people including my spouse and surprisingly quote was lower for 2 people then currently I am paying for a single person. Moreover she guided me how to change registration/plates after get insurance card. I 100% recommend this company to my friends and family. I would recommend promotion/hike for Lauren McKenzie.Thanks
Owner Response: Thank you so much Maulik, it was a pleasure getting your insurance policy set up.read less
Maulik K.
5/21/2022
Good morning Crystal was very nice she gave...read moreGood morning Crystal was very nice she gave me quotes on the seen and unseen 😍 I give her a hi 👋read less
Elaine B.
11/20/2022
Katie was amazing!! She was very professional and...read moreKatie was amazing!! She was very professional and helpful helping me with my business insurance as well as home and auto. Been doing business with them for many years and will continue due to high quality of service, great rates and professionalism.Thanks Katie, you rock!!!read less
Jennifer W.
7/21/2021
The experience I had with A plus Insurance...read moreThe experience I had with A plus Insurance was phenomenal. Marlon gave me call and made the whole process seamless and was able get all docs I needed right away, so big thanks to these guys.read less
Davante Y.
2/08/2023
Jola did a great job. Friendly, informative and...read moreJola did a great job. Friendly, informative and not pushy.read less
ASG U.
9/23/2022
Jola was amazing!! Answered every question and concern...read moreJola was amazing!! Answered every question and concern I had very clearly. I will be recommending!read less
Isaac O.
10/17/2022
I absolutely love dealing with these people! So...read moreI absolutely love dealing with these people! So much so that I’ve left and come back to their service.read less
A. H.
7/21/2021
Had great customer service getting set up with...read moreHad great customer service getting set up with new insurance!read less
Robin P.
7/21/2020
Fantastic !!! this is the best family owned...read moreFantastic !!! this is the best family owned insurance agencyHighly recommendread less
Amaru T.
7/21/2021
notes: married Young driver 49 bundled...read morenotes: married Young driver 49 bundled with Renters Insurance suspended license needing SR22 motorcycle insurance proof of insurance Alaska Prior insurance Progressive Hondaread less
michael t.
5/21/2022
Very professional and easy to understand and work...read moreVery professional and easy to understand and work with. Provided all the options i needed and found a policy that fits what i need fast. Very satisfied with what i got and will look forward to working with again.read less
Andrew F.
7/21/2020
Crystal is the real deal! Very professional and...read moreCrystal is the real deal! Very professional and walked me through the whole process. Helped me saved money with both our cars. You go girl☺️read less
Saofaialo S.
7/21/2020
Katie was very helpful in finding me the...read moreKatie was very helpful in finding me the lowest auto insurance rate! She was very friendly and quick!read less
Nicole N.
7/21/2021
Crystal was awesome she made the process very...read moreCrystal was awesome she made the process very easy. She answered all my questions I would recommend A Plus Insurance to my friends and familyread less
Charles A.
1/04/2023
Prices too high!
John H.
3/06/2023
I have been a value customer for 3...read moreI have been a value customer for 3 yearsI honestly can say. A Plus Insurance service is the best I have ever dealt withThere are very understanding very knowledgeable and will go out they way to help to have the best coverage for your vehicle at a affordable priceThe staff is so wonderful & pleasant to talk too they have excellent customer serviceMrs.Katie Thank for you Do .Ms.Alexandra who was a great help with the understanding of my renew policy I really appreciate the staff for all you all doThanks and I hope you as team have a great safe. Happy Independence Day weekend.
Notes: Valued customer who insured multiple vehicles and driver's. Discounts applied: Proof of prior insurance, accident free, violation free, and intellidrive. read less
