What happens if my car is stolen and I don't have comprehensive insurance?
Asked by: Cleve Hagenes | Last update: September 10, 2025Score: 4.9/5 (34 votes)
What happens if my car is stolen without comprehensive insurance?
Unfortunately, if your car is stolen and you don't have insurance coverage, you may be responsible for the full cost of replacing your vehicle. When a car is stolen, the owner typically files a police report and notifies their insurance company.
What happens if you report your car stolen with no insurance?
Your lack of insurance only means you will have to use your savings to buy another car, rather than getting an insurance payout. If you report it stolen, the police will mark it as stolen in the databases that record the history of the vehicle, regardless of your insurance cover.
What happens if you don't have comprehensive car insurance?
Answer: Comprehensive insurance covers your vehicle for things that are "other than collision," such as the theft of your vehicle. Unfortunately, without comprehensive coverage, there is nothing your car insurance company can do for you.
Does insurance pay you if your car is stolen?
Stolen vehicles are protected by comprehensive coverage
If someone steals your vehicle and it's not recovered, your insurer will cut you a check for your car's current value if you have comprehensive coverage. This may be true even if the car was stolen with the keys in it.
My Car Was Stolen And I Didn't Have Insurance!
Does your insurance go up after your car is stolen?
Claiming a stolen vehicle becomes a part of your insurance claim history. While comprehensive claims are generally not viewed as negatively as at-fault accidents, multiple claims, including theft claims, can still affect your premiums. Location Matters: The area where your car was stolen may influence your rates.
Does full coverage include comprehensive?
Comprehensive coverage is just one type of coverage included in a “full coverage” auto insurance plan. Remember, “full coverage” isn't an actual type of coverage, but a general term used to describe a policy that combines Liability, Comprehensive, and Collision coverages.
Is comprehensive insurance required by law?
Is comprehensive insurance required? Comprehensive coverage is not required by law in any state, but it's usually required by lenders if you are leasing or financing your vehicle. If you own your vehicle outright, you can decide whether comprehensive coverage is worthwhile.
What happens if your car is stolen and you still owe money?
What happens if your car is stolen and you still owe money? Unfortunately, when your car is stolen, you are still obligated to make payments on it. If your insurance claim payout is approved, you can use the claims check to pay against any amount owed.
What happens if your car is totaled without insurance?
If you total your car in an accident that you caused without collision coverage, you have to pay out of pocket to replace your totaled car. Even if you are not at fault for the accident, your compensation might be limited if you don't have insurance. Several states have "No Pay, No Play" laws.
What happens when someone steals your car?
After you've filed a report with the police, the next call you need to make is to your insurance company. They will guide you through the process of filing a claim. Be prepared to provide them with information such as your policy number, the police report number and any other relevant details they may require.
What happens if someone who isn't on your insurance crashes your car in Texas?
If the driver involved in the accident isn't listed on your insurance policy, the situation becomes more complex. As stated above, in Texas, insurance typically follows the car, not the driver. If you gave permission for someone to drive your car, your insurance should cover the damages resulting from the accident.
What happens if your car is stolen and you still owe money on Reddit?
You'll still owe the remainder of the loan. With theft coverage? If you had GAP insurance, you'll get whatever is owed on the loan. If you didn't have GAP insurance, you'll get the actual cash value of the car, and you'll owe whatever the difference is between what is owed on the loan and the ACV.
What happens if someone sues you for more than your insurance covers?
You may face a lawsuit for the uncovered amount when damages exceed your policy limits. The injured party could attempt to seize your personal assets, which may include: Savings accounts. Wages (via wage garnishment)
Will insurance pay me if my car is stolen?
For theft coverage for your vehicle, you must have a comprehensive insurance policy. This type of coverage will pay out for a stolen or vandalized vehicle. Comprehensive coverage pays for damages that are not related to a collision, which includes a stolen car.
How long before a stolen car is written off?
Your time limit will vary depending upon your policy and insurer but often ranges from 21 to 30 days. A clean title is what guarantees the same resale value as before the car was stolen. However, if your car doesn't meet these conditions, it will depreciate, and it may even become a salvage vehicle.
Is it okay to not have comprehensive insurance?
Usually, you have to have comprehensive and collision on a financed car because most lenders require it. However, if your vehicle is paid in full, you have the option to drop the coverages.
Is it better to have a $500 deductible or $1000?
Remember that filing small claims may affect how much you have to pay for insurance later. Switching from a $500 deductible to a $1,000 deductible can save as much as 20 percent on the cost of your insurance premium payments.
Can I add comprehensive coverage after an accident?
Can I add comprehensive coverage (glass) to my car insurance and then file a claim for windshield repair? Only if you want to risk being arrested for fraud. It is ILLEGAL to purchase insurance AFTER you have had the loss, and then try to foist it off on the insurance company.
What happens if you don't have full coverage on a financed car?
Lender Requirements: Many lenders mandate full coverage to protect their financial interest in the vehicle. If you fail to maintain the required coverage, the lender may impose force-placed insurance, which is often more expensive and offers minimal coverage.
Does full coverage cover theft?
Car Theft Insurance: When Am I Entitled to Coverage? Downey drivers whose cars are stolen in Califonia will have car theft insurance if they have comprehensive coverage. That should cover you up to the Actual Cash Value (ACV) of your vehicle. If your car is damaged due to a break-in, you'll also be covered.
Do I have to pay deductible if I was not at fault with Geico?
Let's say your vehicle is damaged due to another driver's negligence. Once GEICO settles your claim, we'll likely seek to recover your deductible, as well as the amount we paid, from the negligent party or that party's insurance company.