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No....only the value ay the time of loss. Gap coverage is available for a reasonable rate on most insurance policies. It can also be purchased through the car dealership.

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Q: Does insurance pay out in full if car is stolen while being financed?
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Related questions

When should you get home insurance?

Whenever you own a home. * Homeowner's insurance is mandatory while the property is being financed, and always the best option when property is owned outright.

Does car insurance cover items stolen from a car?

That depends on the policy that you have with your insurance company. When I had my truck broken into, my policy covered the iPod and stereo that were stolen, plus my rental while my truck was in the shop.

Will my insurance covered my smashed window while i was on shoppingand some of my belongings were gone and stolen.?

Only if you have full coverage.

Why is a stolen car impounded after being found?

Answer Stolen cars are impounded for a few reasons. One would be that the Police might want to check it for finger prints. Another reason that the car would be impounded is if it was stolen, and the police think it was stolen too easily, they might want to check for Insurance Fraud and last but not least, they might impound a car while trying to find the owner.

What is usually covered by the insurance sold by rental car companies?

Insurance which is sold by rental car companies usually covers damage or liability while driving the vehicle. The insurance does not generally cover any goods that are stolen while locked up in the vehicle. There are different types of insurance which are offered. The best insurance to get is comprehensive and collision coverage.

Does automobile insurance cover items stolen from an automobile?

No. Auto insurance will only cover the vehicle and items that came installed standard on the vehicle. You can, however make a claim on your homeowners insurance for other items stolen from your vehicle. Homeowners insurance gives you coverage for items off premises up to 10% of your contents coverage on the policy. This is to cover situations like this, thefts or damage while on vacation, and even dependent children's items while in a dorm room. The biggest problem is that you will have a deductible for damage to the car and another deductible for the items stolen and covered on the homeowners policy.

Can you get financed for a car if you were denied a loan through the bank?

No, you may only do it if you fry a pancake on your stomach, while being in a tub of hot oil.

Can a house be rented out while financed through your company?

You need to review the documents you signed when you financed your house through your company.

Does renters insurance cover car contents if stolen?

In general no, vandalism of an automobile is covered by the vehicles auto insurance policy. However you may have coverage for certain household belongings while outside the premises so check your policy or contact you agent if some of the stolen items were household items.

Can you buy another car and drive it while an insurance claim is being sorted?

absolutely, just be sure to buy insurance for it

My car was hit while being parked do i have to have insurance for it to be fixed Or does the person that hit my car insurance pay for the damages?

The other person pays.

Is aarp a good health insurance?

AARP is most known for being a health insurance to people over 50. While it is not the cheapest insurance on the market, it is worthwhile if you tend to have health problems.