How to determine the top cost for a stolen vehicle for insurance purpose
How to find cost of a stolen vehicle in 2013-14 This is my third blog on insurance. In my previous blog we learn about the importance of travel insurance. In this blog you will see how you determine the cost of a vehicle that has been stolen. Leaving the house the other day, you immediately sensed something was amiss. Your car wasn't in the driveway, where you had left it the night before. Once the shock wore off and you double checked, you face the fact that it's been stolen. Naturally your car is very valuable to you, but now that it's gone, what's it worth from your insurer's perspective? Your insurance policy is the key If your vehicle has been stolen or declared a total loss, your insurer considers various factors to determine the value of your vehicle at the time of your claim settlement. Of course, much depends on the insurance coverage you had when the loss occurred. What choices did you make when you purchased your insurance policy? Did ...