Car theft insurance

Car theft insurance to compensation in the event of theft or attempted theft.

Theft or attempted theft is one of the most frequent claims: it is therefore essential to well to investigate the theft of car insurance terms.

Theft car insurance: guarantees

It is possible to choose between several levels of warranty against theft but, according to the contracts, the terms of coverage may also vary.

Levels of warranty

In general, insurers offer a theft car insurance that can cover the vehicle in case of theft or attempted theft.

This warranty covers accessories and equipment of series, but not the other accessories in the vehicle.

Thus, it is possible to purchase additional options:

-       Guarantee of the contents: Accessories and equipment which are not series, personal items, etc.;

-       Exterior equipment warranty: wheels, mirrors, windshield wipers, etc.;

-       Guarantee of business facilities.

Conditions of coverage by the theft insurance car

The insurance contract must mention the terms of coverage:

-       type of insured flight:

·         theft and burglary attempt:

§  Ice fractured or forced;

§  Locks forced;

§  Break of the steering column;

·         flight following a breach of trust or a scam;

·         flight following an assault;

-       prevention requirements:

·         parked in a garage vehicle locked;

·         alarm;

·         circuit breaker;

·         registration of serial numbers on the ice, which must appear in a file accessible to the services of police and gendarmerie;

-       attitudes of prevention to respect:

·         do not leave valuables visible in the vehicle;

·         close windows, doors and the trunk;

·         place the wheel on the anti-theft position.

Theft car insurance: compensation

In case of theft, the theft car insurance reimburses the vehicle according to a value set by expert on the day of the flight, unless a replacement value warranty was purchased.

There are 2 situations of compensation:

·         the vehicle is found;

·         The vehicle is not found.

Vehicle found

If the vehicle is found until the insured has received compensation, he must recover his vehicle and insurance supports:

·         any damage sustained by the vehicle according to the conditions laid down in the contract;

·         The justified costs incurred to recover the vehicle.

If the vehicle is found while the insured already perceived on the part of the insurance compensation, he must choose between:

·         keep compensation and do not recover his vehicle;

·         Refund the amount of the compensation and recover his vehicle.

Vehicle not found

When the vehicle is not found, or passed the time limit specified in the contract (set at 30 days usually), the insured receives compensation.

To do this, it must give the keys and papers of the vehicle to the insurer.

Formalities of the theft car insurance

In case of theft, the insured must comply with certain formalities in order to be indemnified by the insurer:

·         filing of complaint to the gendarmerie or the police station;

·         Claim to the insurer within the time limits specified in the contract, which may not be less than 2 working days, with the receipt of complaint.