Truck Stolen in Miami – Insurance Claim Lawyer Shares Insight
Another vehicle robbery took place on Monday night in Miami. According to footage taken by a Ring camera, two thieves were involved in stealing a truck from a Miami home. The local authorities are trying to find the culprits based on evidence from the footage. The incident occurred on Shipping Avenue, just off Southwest 27th Avenue in Miami, apparently by two hooded thieves, which approached the truck and drove off. The victim expressed uncertainty about how the thieves gained access to the vehicle so swiftly, considering that it is equipped with anti-theft technology. The vehicle owner stated that the truck is equipped with theft-proof features that make the doors difficult to unlock. Nevertheless, there remains little evidence of how the thieves managed to unlock doors and get away with the vehicle so easily.
VEHICLE THEFT BASICS – INSURANCE CLAIMS FOR COMPENSATION
Motor vehicle insurance typically does cover theft, but the extent of coverage can vary depending on the specific policy you have. Here are the common types of insurance coverage that can provide protection against theft and damages:
- Comprehensive Coverage: This is the primary type of coverage that includes theft protection. Comprehensive coverage, often referred to as “comp coverage,” covers theft, vandalism, natural disasters, and other non-collision-related incidents. If your vehicle is stolen, comprehensive coverage can help you recover the actual cash value of your vehicle, minus the deductible.
- Collision Coverage: While collision coverage primarily covers damage resulting from accidents with other vehicles or objects, it can also cover theft-related damage if your car is recovered with damage due to a theft incident.
- Gap Insurance: Gap insurance covers the difference between the actual cash value of your vehicle and the amount you owe on your auto loan or lease. If your vehicle is stolen, this coverage can help pay off the remaining balance on your loan or lease.
- Personal Property Coverage: Some auto insurance policies may include coverage for personal items stolen from your vehicle, such as laptops, smartphones, or other valuable possessions. However, this coverage usually has limits and may require a separate homeowner’s or renter’s insurance policy for more comprehensive coverage of personal belongings.
While most standard auto insurance policies cover theft, there are some instances when “full coverage” might not provide adequate protection:
Policy Exclusions: Some insurance policies may have specific exclusions related to theft, such as coverage limitations for vehicles left running or unattended.
- Deductibles: You’ll likely have to pay a deductible when filing a theft claim. Ensure you understand your policy’s deductible amount, as it can affect the out-of-pocket expenses you incur.
- Vehicle Value: If your vehicle’s value is significantly lower than the cost of your comprehensive coverage and deductible, it might not be cost-effective to file a claim for theft.
- Unauthorized Use: In some cases, insurance companies may deny a theft claim if it’s determined that the vehicle was taken by someone with access to the keys, like a family member or friend.
To ensure you have the right coverage for theft and damages, it’s essential to review your auto insurance policy carefully, understand the terms and limitations, and consider any optional coverages or endorsements that might better suit your needs. Additionally, discussing your specific circumstances with an insurance agent or broker can help you tailor your coverage to better protect against theft-related risks.
Our thoughts and best wishes go out to the victim of this vehicle robbery in Miami, Florida.
Jonathan Perazzo, founder at the Perazzo Law Firm and a dedicated Hialeah Car Accident Lawyer in Miami, serves individuals and families who have suffered injury due to the negligence of others. With a deep understanding of the emotional toll accidents can take, our firm is committed to helping those in need.
Our news blog is designed to keep you informed on the latest personal injury cases and legal developments. We aim to raise awareness of the injury and loss of life that occurs in our community by sharing information from publicly available sources. However, please note that the information shared in our blog has not been independently verified, and the photos depicted are not necessarily representative of the actual event. If you notice any inaccuracies, please bring them to our attention for correction.
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