Car Stolen Liability Insurance Only: What You Need to Know

What is Car Stolen Liability Insurance?

Car stolen liability insurance is a type of coverage that helps protect you in case your car is stolen. It covers the cost of repairs to your vehicle, as well as any liability you may incur if your vehicle causes damage to another person or property. The coverage is usually included as part of a comprehensive policy, but you can also purchase it as a stand-alone policy.

What Does Car Stolen Liability Insurance Cover?

Car stolen liability insurance covers the cost of repairs to your car if it’s stolen, as well as any liability you may incur if your car causes damage to another person or property. This includes medical bills for any injuries you may cause, property damage and legal fees. It also covers the cost of a rental car in the event that your car is stolen and you need to find alternate transportation.

How Much Does Car Stolen Liability Insurance Cost?

The cost of car stolen liability insurance varies depending on your provider and the level of coverage you choose. Generally, the cost of this coverage is lower than other types of car insurance, as it is designed to cover a specific type of risk. However, it’s important to shop around and compare rates to make sure you’re getting the best deal.

Do I Need Car Stolen Liability Insurance?

If you own a car, it’s a good idea to have car stolen liability insurance. This type of coverage can help protect you from financial losses if your car is stolen, as well as any legal fees you may incur if your car causes damage to another person or property.

What If I Don’t Have Car Stolen Liability Insurance?

If you don’t have car stolen liability insurance, you may be responsible for any losses or damages caused by your vehicle if it’s stolen. This could include medical bills, property damage and legal fees. It’s important to make sure you have the proper coverage in place to protect yourself financially in the event your car is stolen.

The Bottom Line

Car stolen liability insurance is an important type of coverage to have if you own a car. It can help protect you from financial losses if your car is stolen, as well as any legal fees you may incur if your car causes damage to another person or property. Be sure to shop around and compare rates to make sure you’re getting the best deal on your coverage.