|A Stolen Vehicle is not as unlikely as one may believe. In fact a vehicle is stolen every 30 seconds in the Unites States! Knowing what to do if you are the victim of a Stolen Vehicle can lessen the trauma of the situation and even assist in finding your vehicle.|
Reporting a Stolen Vehicle
A stolen vehicle should first be reported to the police. They will want the make, model, year, color of your vehicle, as well as the plate number and VIN (Vehicle Identification Number). The more quickly they have this information, the better one's chance of having their vehicle recovered. Next, contact your insurance agency and report your stolen vehicle.
Stolen Vehicle coverage
A Stolen Vehicle is covered under one's Comprehensive Insurance coverage. There is often a waiting period before an insurance provider files a claim on the vehicle. A rental car may be covered if you have full coverage. Comprehensive will cover the “fair market value” of the Stolen Vehicle, and may not cover what is actually owed to the titleholder.
Preventing a Stolen Vehicle
Measures can be taken to reduce the chance of a Stolen Vehicle. Steps such as...1.) Do not leave your car running- or the keys in it (over 20% of cars are stolen with the keys inside) 2.) Lock your car when unattended 3.) park your car in attended lot, or in a well lit high traffic area of lot 4.) Do not hide spare keys in vehicle 5.) install alarm and anti-theft devices to help prevent a Stolen Vehicle.
Most Common Stolen Vehicle
According to the National Insurance Crime Bureau, the 1995 Honda Civic was the most common car stolen in 2009. The top ten continues with...2.) 1991 Honda Accord 3.) 1989 Toyota Camry 4.) 1997 Ford F-150 5.) 1994 Chevrolet C/K 1500 6.) 1994 Acura Integra 7.) 2004 Dodge Ram Pickup 8.) 1994 Nissan Sentra 9.) 1988 Toyota Pickup and the tenth top Stolen Vehicle was the 2007 Toyota Corolla.
Stolen Vehicle- CostA stolen Vehicle can cost individuals a lot of money if they do not have sufficient Comprehensive coverage. Talk to your insurance company today to ensure you are covered for a Stolen Vehicle!