Ever wonder which cars are most susceptible to theft? The National Insurance Crime Bureau (NICB) recently released its “Hot Wheels” annual report detailing the most stolen vehicle types for 2013. As you can see from the list below, trucks make up the vast majority of that list.
HOW CAN I PROTECT MY CAR FROM BEING STOLEN?
Your car can be stolen from just about any place you leave it. But here are several ideas for further protecting your car against theft.
- Obviously, always lock the car when you leave. You would think this would be a no brainer, but many stolen vehicles are made far more possible because the vehicle is left unlocked.
- Clear out that cluttered garage and make room for the thing that was designed to go in there!
- Park in well lit areas when leaving the car unattended.
- Subscribe to Onstar or other vehicle monitoring service if available
WHAT TYPE OF COVERAGE DO I NEED FOR THEFT?
As far as your insurance is concerned, in order for there to be coverage for a theft loss, you must have Comprehensive or Other Than Collision Coverage on the vehicle. This coverage comes with a deductible, an amount that you, as the insured, are responsible for paying. For example, if your car is worth $10,000 and you have a $500 deductible when it was stolen, then you would receive $9500 ($10,000 less the $500 deductible).
WHAT TO DO IF YOUR CAR HAS BEEN STOLEN
- File a police report. You should report the vehicle stolen so that the police may begin to look for the vehicle. Further, your insurance company will require a police report in order to rule that the vehicle was stolen.
- File the claim with your insurance company.
- Work with the insurance company to determine the value of the vehicle.
- You will settle with your insurance company on the value of your vehicle and receive that amount less your deductible.
Want to see how much Comprehensive coverage would cost on your vehicle? Get a quick quote directly on our site at the link below.
“Top 10 Stolen Cars of 2013.” Insurance Journal News. Insurance Journal, 2014. Web. 21 Aug. 2014.