Everything You Need to Know About Reporting Your Car Stolen

There is nothing more frightening, frustrating or stressful than coming outside of your home in San Antonio, TX or walking to the parking lot after work, only to find your car has been stolen.  Unfortunately, people experience this type of tragedy everywhere, regardless of how safe your neighborhood is or how secure a parking lot is-car theft happens all across the country. Here are a few tips on how to handle the process of reporting a stolen car, which may make the situation a little less frustrating.

Was it Really Stolen?

Once you have become aware that your vehicle is missing, the first thing to do is consider all other possibilities before filing a police report and making an insurance claim. For example, check for any parking signs that may indicate you accidentally parked in an illegal spot and your vehicle has gotten towed. Contact friends and family to ask if they borrowed the vehicle and if you have a loan on your vehicle that is in default, contact the loan company to make sure it wasn’t repossessed. Once you have determined there is no other reason for your vehicle to be missing, contact the police and file a police report.

Insurance Coverage for Stolen Vehicles

It is important to know that in order to have insurance coverage for a stolen vehicle, you must have comprehensive coverage of your insurance policy. In most states, if a vehicle is stolen from your personal property, you will not be able to file the claim under your homeowner’s insurance policy-you must have comprehensive coverage on your automobile policy.

Insurance Claims Process

The most important thing to do before contacting your insurance company is filing a police report. As soon as you file the police report, contact your insurance provider. In most situations, there will be a waiting period (usually 30 days) before the claim is paid, in order to see if the vehicle is recovered. Also keep in mind that comprehensive coverage typically doesn’t cover the personal items stolen out of a vehicle, such as a phone, jewelry or computers.

Automobile thefts are taken extremely serious at insurance companies. This type of situation is investigated closely by an adjuster in order to ensure there is no fraud. It is important to keep in mind that filing a fraudulent auto theft insurance claim is a serious crime.

Residents of San Antonio, TX that want to review or upgrade their current automobile insurance should contact Access Insurance Services.