McKayla Girardin, Car Insurance Writer
Yes, full coverage does cover theft. Theft is covered by comprehensive car insurance, a main component of a full coverage insurance policy, which also provides protection for damage from natural disasters and vandalism.
Situations Where Full Coverage Covers Theft
- Your car is stolen and never recovered.
- Your car is stolen and later recovered but declared totaled.
- Someone attempts to steal your car and causes damage in the process, such as broken windows or locks.
Full coverage does not cover theft of personal property from inside a vehicle. Protection for personal property is provided by homeowners or renters insurance.
What To Do If Theft Occurs
- File a police report as soon as possible.
- File a claim with your insurer under your comprehensive insurance policy.
- Work with an insurance adjuster to finalize your claim.
Full coverage car insurance normally includes comprehensive and collision insurance and at least the minimum insurance coverage required by state law. Full coverage policies are designed to provide protection for car accidents and non-accident-related damage to ensure the policyholder is covered regardless of fault.
To learn more, check out WalletHub’s guide to full coverage car insurance.
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