What to Do When a Car Is Stolen
- The moment it's noted the vehicle is missing, the owner should contact the local authorities to file a police report. When a police report is filed quickly, there is a better chance of the vehicle being recovered undamaged. The police report will include information regarding the make and model of the car, when it was last seen and any identifiable marks it may have, such as custom body work or bumper stickers. Owners should also be able to describe any items that were in the car at the time it was taken to ensure they are returned if the vehicle is found.
- After completing a police report, the next step should be to contact your auto insurance provider. In order to file a claim on a vehicle, the adjuster must be able to confirm the vehicle was in fact stolen and that a police report has been filed. When filing a claim with the insurance company, the owner will need to provide the same basic information that was provided to the local law enforcement agency. Filing a claim within a timely manner will ensure the owner will have access to a rental car should they need a car until their vehicle is recovered and will also lead to a quicker payout if the vehicle is not returned in usable condition.
- Many people believe that newer, high-priced cars are the most stolen forms of transportation, but that's not always the case. According to "Forbes Magazine," the most stolen car for 2008 was the 1995 Honda Civic followed closely by the 1991 Honda Accord. Older model vehicles are not worth much as a whole, but when sold for their individual parts, they can bring a nice profit to the thief.
- The easiest way to avoid dealing with the loss of a vehicle is to protect it from would-be thieves. Parking in well lit areas, whether in a driveway, on the street or in a public parking lot will deter a would-be thief due to the fear of discovery. Parking in a garage will further deter thieves from choosing the vehicle over those that are easier to get in and out of quickly. If the vehicle does not come with a factory-installed security alarm, consider investing in an aftermarket alarm that will notify the owner if the car is broken into. GPS tracking is also available on some models.
- Only a small percentage of stolen vehicles are ever recovered. Those that are recovered are often unable to be driven again due to severe damage. Most cars that are stolen end up in chop shops where they are broken down and sold off piece by piece. Those who have had a vehicle stolen can expect to see their insurance premiums rise because of the loss. They should also understand that the chances of getting their vehicle back in the same condition it was before it was stolen are slim.