It is no different for people to be victims of car theft. Expectedly, a vehicle was stolen in Malaysia every 75 minutes, worth billions of drivers. A stolen vehicle does not necessarily mean that it is not forever, as many victims of car theft manage to extract their transport funds. But what if you no longer want your car after you return it? There may be some damage – or you have already purchased a new vehicle from theft It occurred. Find out what you can do if you restore a stolen car And how your car insurance can react. It doesn't matter what you drive; You need insurance. To find the best prices near you, click here.
What if I want to reject my stolen car?
The next step is to decide what to do with the vehicle. Sometimes you are thinking of avoiding recovering the car (or losing any insurance benefits related to its theft). So, is it possible to reject it? There is no simple answer. Your insurance provider determines the benefit for your stolen carS Different factors may be taken into account to determine whether or not your stolen car is covered:
- How long has the car stolen reported?
- You have opened a claim when
- Your Car policy coating
- Whether the vehicle is damaged or undressed
Insurance companies They usually require a waiting period before compensation, sometimes about a month. When your car is restored in this window or shortly after you file an insurance claim, you may not be able to reject the vehicle without also giving up the benefits you may have received from the trial. Through his recovery, you may have already been paid for the request so as to become the property of the insurance company. It can only be possible to reject the car, but sometimes the insurer will choose the option for you.
Can I keep my car if I want?
You should consult a claim regulator to keep your stolen and restored vehicle. The regulators of the claims are insurance specialists who determine whether any harm has occurred while it was beyond your possession, how much these damage costs and how it affected the value of the car. You will not bear responsibility for the damage without comprehensive insurance coverageS Payment may be available depending on your policy and concealer assessment, or insurance The company may provide other vehicle repair options.
What should I do when I recover a car?
If someone has stolen your car, the first thing you need to do is call the police. Then you should contact your insurance companyS As a result of this record of theft with its characteristics is below; These include:
- Registration plate number
- Do, pattern and color
- Vehicle ID (VIN)
- Other identifying physical characteristics
What to do depends on who saw it.
- They usually find a recovered car from its registered owner or police. If the police find your vehicle, they should advise you on how to proceed.
- If you find your stolen vehicle, you should contact the police and your insurance company immediately. Drive the car after a while. This is because for several reasons:
- There is no way to determine whether the vehicle has damage that could do dangerous driving.
- Pulling is risky for driving a stolen car if your car is still referred to as the police stolen.
- Moving a vehicle can destroy potentially useful evidence.
Connecting with the authorities will cancel the signal of a stolen vehicle and your title will record the recovery.
Take steps to protect your investment
Your insurance policy will determine if you receive benefits for your stolen vehicle. No matter what you decide to do with your recovered vehicle or what a vehicle, you decide to buy, be sure to cover it with a new policy. You never know when an expensive and unexpected event will threaten your main way of transporting. Therefore car insurance is so decisive.
Fincrew Insurance teaches you everything you need for the best car insurance companies. We help you find the cheapest prices and coverage that meets your needs and desires. You will not have to deal with individual offers or agencies that are sold with us.