1. 1615 POINTS
    Ryan Andrew
    President, The Andrew Agency, Richmond, VA
    Car insurance will pay for a stolen car as long as you have comprehensive coverage. Comprehensive coverage covers the vehicle for damages not resulting from a collision accident. For example, fire, theft, glass breakage, a tree falls on the car, ect.

    If you car is stolen the insurance company will determined the blue book value and pay out the blue book value less your deductible. Kelly Blue Book is a good site to use to determine the value of your car. If your car is still financed and there is a gap in coverage you may end up stilling owing the finance company. Gap insurance is available to cover this need.
    Answered on July 10, 2013
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