My car was stolen and insurance is investigating it. I heard that they look into your finances and payment record to pinpoint fraud I had the car for sale and have never been 30 days late on my car payments.
My sister said the fact that I had my car for sale might count againt me.
What does the insurance company look for when trying to see if fraud was involved in a car theft? Now I'm worried that some of these things might make me look bad even though I had nothing to do with the car theft.
It was stolen from my dirveway whichin a really secludedarea.
Help!?!
2007-03-17 14:01:28 · 10 answers · asked by jabroniean 2 in Cars & Transportation ➔ Insurance & Registration
i own a shop,and they,ll want to know where you was at the time it was stolen,and also want to know if you was behind or still working,and then they,ll finger print the car to see if they can find anyones finger prints on it that might have been involved in car theft from years ago,they,ll run the prints on a nation wide net work ,and if nothing comes back,then they,ll probably rule it as a theft,just be honest with them ,that's the best way to be,you,ll be alright with it,they may never find the car so i wouldn't worry about it,good luck. helps.
2007-03-17 14:10:43 · answer #1 · answered by dodge man 7 · 3⤊ 0⤋
notaclue is a very apt name for that person, he/she doesn't have a clue. Been watching way too much CSI on tv. "beyond a reasonable doubt" applies to criminal proceeding only. This is a civil matter between you and your insurance company so "probable cause" is what matters. All the insurance company has to prove is just that, ie...I've had my vehicle for sale for 4 months now but no one seems interested in buying that GMC Suburban from me. Or even worse you tell them you never tried to sell it and then they find the ad from the paper. Make no mistake, they will look at all of that before settling with you.
2007-03-17 19:04:35 · answer #2 · answered by patti duke 7 · 0⤊ 1⤋
They usually only do that if SIU is involved. As long as you have a police report, NO history of stolen vehicles (like 1 every week), you are in possession of the keys you'll be fine. They will ask you under oath about your finances and your payments history over the phone, but they don't take it any farther than that unless as I mentioned before, SIU is involved. They're routine questions.
2007-03-17 17:52:47 · answer #3 · answered by bundysmom 6 · 1⤊ 1⤋
What are you worried about? You have been seeing many detective movies. The insurance company has to prove it for one thing. So do not even worry about it.
The only problem I see if they find the car in the grace period. Cuz if they mess it up just enough, the insurance will not cover nothing.
2007-03-17 14:06:12 · answer #4 · answered by Big C 6 · 2⤊ 0⤋
What they will, and or should do is take a detailed statement from you, and then wait thirty days. If after the thirty day mark the veh is not returned then payout is made.. If the veh is found, and no damages no harm no foul claim closed. If its damaged then it goes as a comp clm, and you pay your ded to have it fixed.. I wouldnt worry about having it for sale...
2007-03-17 16:36:13 · answer #5 · answered by D.L. 4 · 2⤊ 0⤋
Did you file a police report? Your adjuster will ask you questions about your vehicle, finances, etc. just to be sure there isn't something they should be suspicious about. If you're honest, I wouldn't worry about it.
2007-03-17 16:19:57 · answer #6 · answered by R H 1 · 2⤊ 0⤋
I know of a car stolen for insunce money, so how do I go about reporting it? .How do I go about it reporting it
2013-12-21 17:13:55 · answer #7 · answered by adriana 1 · 0⤊ 0⤋
If you didn't have it stolen then stop freting. Investigation is standard procedure.
2007-03-17 15:28:37 · answer #8 · answered by Anonymous · 3⤊ 0⤋
They have to "prove" their allegations beyond a reasonable doubt! Even if you did and they can't prove their case beyond a reasonable doubt, they have NOTHING! They pay the claim and count their loses!
2007-03-17 14:06:16 · answer #9 · answered by Anonymous · 1⤊ 3⤋
I want to know it too.
2007-03-20 06:26:06 · answer #10 · answered by xgnr2x c 1 · 0⤊ 1⤋