Does auto insurance cover theft?

Yes, auto insurance companies provide cover in case a can is stolen. However, the claim usually follows a long process before you can receive any compensation. If your car has been stolen then you have to file a formal report at the local police station. The police will try to recover your car. In case, your car is not recovered, you will be required to complete some paperwork by your insurer.

Insurance companies usually have a long list of formalities in order to avoid fake or bogus claims. After following the formal protocol of your insurance company, you will receive a compensation for the value of your vehicle. Now the compensation depends on the coverage limit. That’s why it is crucial to pick a right auto insurance policy that provides maximum cover for the worst situation like car theft.

Contact Us

Monday to Friday 9 am to 6 pm

+92 42-35291128 [email protected] Get Support
Internet & Mobile

© Copyright 2017 MAWAZNA.com . All rights reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy.

The content provided by Mawazna.com is based on indicative information ONLY. The integrity of the information is reviewed and validated at regular intervals using the information available from free sources (websites, product catalogs) provided by banks/service providers and their helpdesk however product information, service charges, rates & fees are subject to change on time to time basis. Mawazna.com takes no responsibility of any such changes or any consequences arising from the use of or reliance on the content presented in this website. Therefore it is highly recommended that you should also make direct enquiries to the product providers/banks before buying a product. We aim to serve you impartially.