Who has the Best Auto Insurance Theft Coverage?

Auto insurance theft coverage is included in most policies. Even most policies that are only intended for collision will include fire and auto theft insurance coverage. With comprehensive insurance coverage for your vehicle, theft insurance is standard. The amount you’ll receive will depend on the value of your vehicle, minus your deductible. You can set the level of your deductible when you take out your policy.

Travelers Insurance

Travelers is one of the country’s biggest insurance companies, and offers complete auto insurance, both as part of a comprehensive policy or in addition to collision. You have the choice of deductible amount, or you can take the defaults of $250 or $500. With a strong reputation, Traveler’s insurance can be depended on. There’s a 24/7 contact center to report theft or any other problems.

Geico

Geico is known for its cheap prices. Like most of the major companies, it offers comprehensive auto insurance that includes auto insurance theft coverage.

When you’re looking for good theft coverage, you should choose a policy that covers car rental if your vehicle is stolen. Many will offer theft insurance as an option in the event of your car being off the road following an accident, but you need a rental car if yours is stolen. It is worth having this added into your policy if it’s not already included.

Safeco

Based in Seattle, Safeco is an insurance giant that features heavily in the auto insurance business. They work through agents, rather than online, with the intention of offering more personalized service. One option that the company has that can apply to auto theft insurance coverage is new vehicle replacement coverage. This gives you the full replacement value of your brand new car if it’s deemed a total loss during its first year. In other words, you’ll receive enough to replace it with a new car. That’s much better than simply receiving the Blue Book value, considering new cars lose a percentage of their value as soon as you drive away from the dealer.

Allstate

Allstate is one of the most recognized names in insurance, and gives quotes either online or through agents. They offer discounts in car insurance to those who use approved anti-theft devices on their vehicles. This is true of other companies, too, although each might have slightly different lists of what is approved and what’s not.

Progressive

Progressive has been around for decades but it’s only in relatively recent years that it’s become a force in auto insurance. They offer the same standard services as all the other big insurers.

Ultimately, there’s little to choose between the big names. It’s much more about how you set up your policy, and the options you add to the basics. Those additions can make all the difference between you having adequate auto theft insurance coverage and truly outstanding coverage. In other words, the company doesn’t matter so much as the steps you take for protection.