wheels stolen insurance?

Question

my rims and tires were stolen after having them for only 3 days. does anyone know if insurance covers it and how it works? i already asked my insurance company (allstate) but they told me i have to wait until thursday until i meet with an agent to "access" the damage. the suspense is killing me!

Answer 1

If they were not factory rims... your likely out of luck. And tires alone are going to be under your deductible. Insurance only insures the factory version of your vehicle unless you specificially ask for additional coverage for an aftermarket item.

However, cross your fingers.... allstate is a bigger company and they may give you complentary coverage on the first 1k of aftermarket items... thats what the "major insurance company" i work for does.. but... if they dont do this... dont be mad.. you didnt ask for that coverage.

Answer 2

I have State Farm and I was told that they only cover the stock items on vehicles. I had runningboards damaged by a hit and run driver and they were not covered. You may get paid for the stock rims and tires, but thats all.

Answer 3

If the wheels were on an insured vehicle they are covered. Now replacement value may cover only to replace to stock equipment. Ask the agent to schedule the appraiser sooner, they will....

Answer 4

If you have full coverage, which includes collision, fire, and theft, yes, they will pay for the value of the stolen rims and tires, less your deductible amount of course. The value is not necessarily the replacement value.

Answer 5

If you have comprehensive fire and theft coverage, they're probably covered. Depends on the exact coverage you're carrying.

Aftermarket wheels and tires may or may not be covered for their replacement value, depends on your policy.

If not, check your homeowner's or renter's policy if you have one - they may cover depending on the policy and circumstances.

Answer 6

Thanks for the answers, much appreciated