What do you need to know when your vehicle is stolen? GEICO has you covered

WASHINGTON — ( BUSINESS WIRE ) — picture this : You ‘re having a decent day out at your local shop promenade picking up a few items, but when you head out to the park bunch, panic immediately sets in. Your cable car is gone !
While this scenario is all besides familiar for some, what ‘s frequently not fully clear is what to do adjacent and what will happen when you report the vehicle as stolen to your policy ship’s company. GEICO offers the follow questions and answers about reporting a stolen vehicle and what you can expect from your insurance ship’s company .
Q: What is the first thing I should do when I find out my vehicle has been stolen ?
A: Your first step should always be to call the patrol. They will take down a report and ask for any information that is pertinent to their probe. After the police have the information they need, then report the larceny to your indemnity party .
Q: What will my insurance company need to know when I report my vehicle stolen ?
A: Your insurance company will want as a lot utilitarian information as you can provide, including a description of the fomite, details on when and where the fomite was stolen, whether the vehicle has any tracking systems, whether you contacted the patrol after the larceny, whether you had personal property in the fomite and other details.

Q: What if my fomite is financed or leased ?
A: Be surely to let your finance or leasing caller know about the larceny. Your insurance company can work directly with the company to help expedite the claims work .
Q: Will my insurance company cover a rental vehicle while the claim is sorted out ?
A: many customers may need a rental vehicle to use while their claim is being processed, while their vehicle is repaired or when shop for a successor vehicle. Review your policy and contact your claims examiner to find out if a rental is covered under your policy .
Q: What happens if the vehicle is recovered ? Will any damages to it be covered ?
A: The answer to this is that it all depends when the fomite is recovered and what kind of coverage is on the indemnity policy. If the claim is still being investigated and the loss has not been paid, the indemnity caller will have to determine whether the car can be, or needs to be, repaired. If the vehicle is a entire loss, the loss would be paid on that basis, submit to any deductible. If the fomite is recovered after you have had the claim settled, then the insurance company would typically retain possession of the recuperate fomite.

More data on what to do after a larceny and reporting a claim can be found at the GEICO Claims Center .
GEICO ( Government Employees Insurance Company ) is a penis of the Berkshire Hathaway family of companies and is the second-largest private passenger car indemnity company in the United States. GEICO, which was founded in 1936, provides millions of car indemnity quotes to U.S. drivers per annum. The company is please to serve more than 13 million private passenger customers and insures more than 22 million vehicles ( car & motorbike ).

GEICO ‘s on-line service center helps policyholders take care of policy sales, policy changes and claims report, and print insurance ID cards. Policyholders can besides connect to GEICO through the GEICO App, reach a congressman over the earphone or visit a GEICO local agent .
GEICO besides provides indemnity quotes on motorcycles, all-terrain vehicles ( ATVs ), travel trailers and motorhomes ( RVs ). coverage for boats, life, homes and apartments is written by non-affiliated indemnity companies and is secured through the GEICO Insurance Agency, Inc. Commercial car policy and personal umbrella protective covering are besides available .
For more information, go to www.geico.com .

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