My Car Was Stolen, What Does My Auto Insurance Policy Cover?

Nevada Insurance Enrollment Asks; Does Your Auto Insurance Cover Theft?

LAS VEGAS - nvtip -- It's not a fun scenario to imagine: it's late in the evening and you've just gotten off of work. As you're walking out to your vehicle, you approach your parking spot. It's empty; your vehicle has been stolen. After you've filed a police report, what happens next?

Auto Insurance: Recouping Your Loss

If your auto insurance policy has comprehensive coverage, then you will be financially compensated for your stolen vehicle. It's important to contact your insurance agent as soon as possible, both to get the ball rolling on receiving compensation for your loss and so that they can help protect you if your car is used to cause harm or damage after it is stolen. Your insurance agent will want you to provide a thorough description of your vehicle, where your keys were at the time of the theft, and any personal belongings that you had in your car.

What Will I Get Back?

In most cases, your comprehensive insurance will pay out the Actual Cash Value (ACV) of your vehicle, minus your deductible. The ACV is calculated based on an assortment of data, including your vehicle's make and model, its condition ratings, accident history, and mileage.

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Carrying comprehensive coverage in Las Vegas, Nevada ensures that if the unexpected happens, you'll be able to recover from it with minimal financial inconvenience and interruption to your life. To learn more about comprehensive coverage and to find out if your policy provides financial protection if your car is stolen, contact your insurance agent.

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Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554

Nevada Insurance Enrollment
Shelly Rogers

Source: Nevada Insurance Enrollment
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