Cheap Vehicle Insurance, Your Car’s Stolen Now What?
When it comes to auto insurance coverage for a stolen car, check your policy. It will need to include comprehensive coverage, which protects against non-crash damage to your car, like theft. Comprehensive coverage can also apply to damage to a vehicle after it is recovered. Unfortunately, you are out of luck if your car is stolen and you do not have comprehensive coverage.
Protecting your car against theft is even more important if it is a newer model. According to studies, a car that is popular with thieves when new will still be a sweet target for theft for around 6 years because:
* The parts of a car model become more valuable over time, if the model does not undergo a significant redesign.
* It takes thieves about three years to fully solve an automaker’s theft deterrent systems.
* Owners of older cars are less likely to buy an aftermarket anti-theft device and/or lock the vehicle.