Comprehensive Auto Insurance Coverage for Stolen Vehicle in Georgia
Reader’s Question:
I live in Roswell, Georgia and I have a loan on my vehicle. yesterday my vehicle was stolen. I do have comprehensive car insurance. What will happen?
Allan
Roswell, GA
Since you mentioned that you have comprehensive coverage, this coverage covers damages caused by fire, weather, vandalism, floods and theft. If your stolen vehicle will not be recovered , your car insurance provider will settle for the ACV of the car before it was stolen.
If you visit the Georgia Insurance Commissioner site it states there how if your vehicle is a total loss, which a stolen car is since it taken from you, your full coverage through your insurance carrier will pay you what the vehicle was worth based on its ACV.
If you owe more money then the ACV of the car, you will be responsible for the difference of what the automobile’s actual cash value settlement is and the balance of your vehicle loan
What Does Car Insurance Cover in Georgia, the Driver or the Car?
Reader’s Question:
Does auto insurance cover the driver or car in Savannah Georgia?
Linda
Savannah, GA
Auto insurance can cover both the driver and the car. The vehicle is covered on a car insurance policy and those motorists are that are covered to drive the car are defined inside the policy coverage definitions.
Most insurance policies will cover all motorists that are not excluded but given permission to drive the car. There is no blanket answer to what or who a car insurance policy will cover so you would need to check your specific policy’s declarations and application.
If there are specific state insurance laws you want to check regarding your specific situation in Savannah Georgia you can contact the Georgia Insurance Commissioner whose consumer division should be able to assist you.
Taxi Cab Insurance Coverage in Georgia
Reader’s Question:
How do I go about getting taxi cab insurance since most insurance providers in Georgia don’t sell it?
Michelle
Columbus, GA
Taxi cab insurance permits you to carry passengers for a fee. Therefore passenger vehicles used to give rides for hire should be registered as a livery. This can include cabs, taxis, and limousines. There are specialty companies that should be able to assist you get the insurance you need.
You may be able to find on individual auto insurance websites based in Georgia for the car insurance that you need. You may also get a quote online for free. If you need more help getting livery insurance then you may contact the Georgia Insurance Commissioner.
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