You woke up to a smashed window in your car and missing items. Does auto insurance cover your losses? It depends. Before we look at the scenarios, let’s review two critical factors of these claims.
1 – Is it installed or part of the vehicle? Auto insurance only covers damage or loss to the insured vehicle. That means if the item is loose, like a portable device or a laptop bag, you’ll want to file the claim with your homeowner’s or renter’s insurance.
2 – Do you have enough comprehensive coverage? Vandalism and theft fall into comprehensive coverage. If you do not have any, or your deductible is too high to be of use, your coverage may be insufficient.
Installed? Then it is covered under comprehensive. If your radio is a portable device, file with your homeowner’s or renter’s policy.
It’s important to note that if you have installed expensive aftermarket stereo parts, let your agent know and ensure your coverage is sufficient to protect your investment.
Keyed Paint, Slashed Tires, and Vandalism
Covered, however, you might encounter betterment in this claim, particularly for tires. Insurance is legally obligated to bring your car back to the state it was in just before the accident and not beyond – what they call betterment. So, for example, they will replace a damaged tire with a new tire but subtract an estimated cost based on the existing wear and tear on the tread.
Smash and grab is a common tactic of thieves, and broken or damaged windows are covered under a comprehensive claim. Similarly, if the thieves broke into your steering column or damaged your door lock, those would be paid for with a comprehensive claim.
Laptops, Bags, Purses, and Loose Items
Stolen items that are NOT connected physically to your car are not covered under your auto policy at all. File a claim with your homeowner’s or renter’s policy to get coverage for them. Better yet, avoid leaving tempting valuables in the car.
To make sure you have all the coverage you need in Kingwood, TX, call or stop by Boss Insurance Agency today. We can help you navigate your policy and make sure you are adequately protected.