What is the search time frame for a car to be considered loss for insurance reimbursement in California? I am buying a new car and considering my insurance policy option and also thinking if I truly need a LoJack.
2007-03-08 12:18:47 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
30 days minimum.
LoJack...depends on the vehicle you are looking at purchasing and where you live.
2007-03-08 16:12:46 · answer #1 · answered by bundysmom 6 · 0⤊ 0⤋
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RE How long it takes to find a car before it is considered a loss for insurance purrpose in California?
What is the search time frame for a car to be considered loss for insurance reimbursement in California? I am buying a new car and considering my insurance policy option and also thinking if I truly need a LoJack.
2014-08-24 10:43:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
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RE :How long it takes to find a car before it is considered a loss for insurance purrpose in California?
What is the search time frame for a car to be considered loss for insurance reimbursement in California? I am buying a new car and considering my insurance policy option and also thinking if I truly need a LoJack.
Follow 7 answers
2016-08-26 21:45:47 · answer #3 · answered by ? 6 · 0⤊ 0⤋
If you have endorsement for rental car coverage on your policy, then that should be about the length of time to settle your claim. In most cases, the insurance company wants to settle as soon as possible unless there are extenuating circumstances such as if you know the person who stole your car, or this is your third stolen car in a year, or you were extremely upside down in the value. (the last one is for people who can't handle the payments and use car theft as a way out of the payments; it seldom works out in their favor, though.)
Take a look at your policy; it probably says in there somewhere how long they have to settle your claim. And, the insurance commission in your state has guidelines they have to follow. Check for their web site.
2007-03-08 12:35:29 · answer #4 · answered by RDW928 3 · 0⤊ 0⤋
My husband's truck got stolen, and they couldn't find it after one month, so the police made a statement that it was a loss. That way, the insuraqnce company would pay out. Good luck.
You might be interested in this article...it's another incident that happened with our insurance agency recently, not related to the stolen truck, but bearing greatly on vehicle insurance.
http://www.associatedcontent.com/article/160382/what_everyone_should_know_about_their.html
2007-03-09 08:40:31 · answer #5 · answered by Anonymous · 0⤊ 0⤋
In most states the amt of time before needed for a veh to be stolen before payout by insurance is 30 days...
2007-03-08 14:18:57 · answer #6 · answered by D.L. 4 · 0⤊ 0⤋
G et insuraance quotes
2015-02-22 12:25:03 · answer #7 · answered by ? 1 · 0⤊ 0⤋
This site will be very helpful for finding the best price ofr you: INSURE-HELP.COM
2014-06-19 17:00:26 · answer #8 · answered by Anonymous · 8⤊ 0⤋