Most insurance companies will only pay the blue book value of the car at the time that it was stolen. Check the Kelley Blue Book or the National Automobile Dealers Association for approximate values.
If You Did Not Purchase Full Coverage. They Are Not, So Looks Like The Person That Stole Your Car Is.
If by Full Coverage, you mean you also purchased Physical Damage, aka damage or loss of your vehicle and the car was confirmed stolen, preferrably via police report, the company will typically pay Actual Cash Value for your car, less your deductible.
It is different depending on what company and plan you get. Full coverage from one company can differ from full coverage from another company, and minimum coverage can vastly differ from full coverage even within the same company.
After making a police report, contact your insurance companies claims department right away and report the theft If you have comprehensive coverage on that vehicle, then your loss will be covered under your policy. If you have rental car coverage then the Insurance Company will also pay for a temporary rental car for you to drive. It just depends how much insurance you bought. For vehicle theft claims, It is customary for the Insurance Company to wait a short time to see if your stolen vehicle is recovered for you by authorities.
I know of no insurance company in any U.S. sate that will give you full coverage on a salvaged vehicle.
Only if you have full coverage.
If your serious go ask your insurance company
The company Nationwide, (of which their moto is 'On your side') explains in detail the differing types of motor cover. Full coverage can be bought from this company.
tell your insurance company and the police and your insurance company will pay everything except the deductible. If you have full coverage than your insurance is required to make good on the damage. It is up to your insurance company to try and get their money back from the uninsured driver of the other vehicle.
No. It would be insurance fraud to up to full coverage for a missing bike and then claim it was stolen. Quick ride to jail. Report it to police and you may recover it.
Only if you have bought the extra coverage to have a rental. "Full coverage" usually just means you bought liability, comprehensive, and collision insurance.
You will still owe the finance company the balance of your finance note. Hopefully you have full coverage insurance. If you do have full coverage, the Comprehensive portion of your policy will generally pay off the finance company up to the insured limits (usually the remaining market value) of your insured auto.