I got my car stolen. Does my insurance cover me? It’s terrible when you wake up early for work and find your car isn’t where you parked it the day before. There’s no parking sign or notice that your vehicle has been towed for a violation. It’s been stolen, a fate that befalls around 46,000 cars annually in Florida.
In moments of desperation and frustration, many wonder if their auto insurance covers the loss they’ve just experienced. The answer? It depends on the coverage you have with your insurance company.
If you only have the minimum legally required coverage to drive in Florida—property damage (PD) and personal injury protection (PIP)—you won’t be covered in case of auto theft. You’ll have to rely on luck and hope the police recover your car.
It’s a different story if you have comprehensive coverage, which, by the way, is optional in Florida. With extensive coverage, your insurance company would be obligated to pay for the actual cash value of the stolen vehicle minus the deductible set in your contract.
This information is crucial for making informed decisions when choosing insurance to protect your car. If your car is old and inexpensive, perhaps just a “get-around” vehicle, comprehensive coverage might not be worth it. But if you’ve invested in a high-value car, it’s worth considering. If you’re unsure, the best way to clarify is to reach out to a specialist at Univista Insurance, who can help you make the most cost-effective decision to protect your car. I got my car stolen. Does my insurance cover me?
Give us a call today for a comprehensive evaluation! (305) 985-4126. You can also get a free quote here.
