You can save up to 35% when both of these factors are part of your car insurance policy. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. Thanks to increased law enforcement, technology, and anti-theft programs, vehicle thefts are on the decline, according to the Insurance Information Institute. It's sometimes referred to as "other than collision" coverage. Gap insurance pays for the difference between a car's actual cash value (ACV) and the auto loan or lease balance if the car is declared a total loss due to theft or an accident. Comprehensive coverage is an optional coverage that protects your car from damages other than collision. If you lease or finance your vehicle, you should also inform your lender or lessee of the theft. If you recently bought an item that's since been stolen or damaged, you can check your bank statement or credit card statement online, on an app, or in person. Find out if your current policy has bike racks covered by car insurance, bicycle theft and other damages by giving us a call at 1-866-635-7777. Is theft covered under comprehensive insurance? @media (max-width: 40em) { A sublimit may apply for stolen tools. The insurance company will have an adjuster check the vehicle for damage and cover either repairs or replacement under the terms of your comprehensive policy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company. Our recent review of the, Your Options For No Down Payment Car Insurance. Can someone be denied homeowners insurance? If you want insurance that covers car theft, then you need comprehensive insurance. Without an OEM notation, the insurer might only pay for aftermarket or used parts. Comprehensive coverage by Geico will cover non-accident related damage caused to your car, like theft, vandalism, flooding, fire, and natural or man-made disasters. So, does car insurance cover stolen items? With just a few clicks you can look up the GEICO Insurance Agency partner your Business Owners Policy is with to find policy service options and contact information. Renters policies cover you and your property from sudden, unexpected events or perils, including theft. As a precaution, keep your vehicle locked at all times, and never leave your keys in the car. However, there are times where your car may be stolen or broken into, and your personal items may be stolen, damaged, or otherwise lost during the process.