Does auto insurance cover theft and vandalism?

Does auto insurance cover theft and vandalism?

Your car is susceptible to thievery and vandalism at any given time in your absence. In case your car is broken into or stolen, one of the first questions that come to mind is, “does my insurance cover theft?” This varies depending on the type of auto-insurance and situation.

Your auto insurance policy should include comprehensive coverage to cover for vandalism and theft. If you have liability insurance, you will not be covered in the event of a break-in. Liability insurance usually protects against any bodily injury or damage to property as a result of an accident.

On the other hand, collision insurance covers your repair costs in accidents that do not include another vehicle. Therefore, it won’t be of any help.

Comprehensive insurance

Comprehensive coverage is the only form of insurance that reimburses you in case of car theft. Even when your car is recovered, you will get Actual Cash Value for your vehicle. It is also meant to protect you against damage caused by vandalism or miscellaneous events like flooding or a fallen tree.

You can also add rental reimbursement coverage to your auto insurance policy to receive your rental fees back. Comprehensive insurance is optional, and you should discuss with your provider if your plan includes the coverage. Without it, you cannot receive any compensation for car theft.

Steps to take in case of car theft and vandalism

Following the appropriate steps ensures your insurance claiming process is smooth. First, call the police to file a report. You are required to provide some information to help correctly identifying your vehicle. This includes the make, year, and model of the car, the place of theft, and the Vehicle Identification Number (VIN).

Ensure you are thorough with your information as fraud causes are common and the police might suspect you. Second, notify your provider to initiate the insurance claims process. Your provider also requires as much information as possible to evaluate your claim. They also check your credit report to determine your financial status.

EZ insurance provides auto insurance to individuals in Austin, Texas. Contact us today for affordable insurance.