GPS Tracking for Cars – Car stolen need help?

December 13th, 2009 Leave a comment Go to comments


My car just got stolen last night it was found in mexico It had GPS tracking on it just to slow get mexican police to help us
by the time we got there it was almost striped most of the inside was gone engine was out tires and the dam windshild was gone it was sad sight.
MY question is will i have to pay for it? i only had it for 4 months still ow 9500.00 on it will my insurance cover me?
I called geico they said they send some one out on monday morning anny one know how this works?

i been readying all the fine print could not find annyting on stolen veicales..

Best Answer: dude if you have full coverage you should be fine. being found in Mexico,not positive but still sure it will be covered. I am not sure about this but when the insurance rep visits you be an ask-hole. yea that’s right ask as many question as you can,start writing them down. I think they give you KBB of the vehicle. Sorry to hear that,my friends tahoe was broken into the same night yours was but in houston.

  • The insurance takes care of it, if you have the coverage. They’ll give you the book value of what the cars worth, if you owe 9500 on it, and it’s only worth 8000, you’re only getting 8000.
  • whatever that big azz paragraph said.. its a sign, BUY A NEW ONE!!!!
  • call the cops
  • Your comprehensive policy covers theft. It should be 100% covered less your deductible. If you owe more than the car is worth you will be responsible for paying the bank the difference.
  • They will pay but only the market value. You probably owe more than that so you are going to still owe the bank some money after the insurance pays. You’re getting ready to find out why Geico is so cheap. Next time remember that you generally get what you pay for. You might save a couple bucks in the short term but in the end you’ll pay.




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