Insurance company: Will you get reimbursed when your car is stolen?

Stealing car parts is not strange in Vietnam. The matter here is whether car owners get reimbursed from insurance company when they have bought material insurance.

Insurance company: Will you get reimbursed when your car is stolen?

Will car owners get reimbursed?

Stealing car and motorbike parts is an actual situation now.  Car parts like rear mirror, logo, etc. are usually stolen. Thieves not only aim to high class cars but also common cars. That drives car owners crazy sometimes.

Many car owners are confused that if their cars have material insurance, will they get reimbursed from insurance company when the above situations happen?

In discussion with a lawyer, he shared that: when insured situations happen, insurance company will take responsibilities to reimburse for car owners as regulations in insurance contract that both parties committed and sign. In contract, if both parties agreed that stolen properties are bases to get reimbursed, car owners will get compensation when bad things happen.

To get reimbursed when stealing situations happen, car owners have to notify the insurance that you signed insurance contract. After that, insurance company will receive, complete paperwork and reimburse as soon as possible.

In short, if car owners want to get reimbursed when car properties are stolen, they should buy material insurance and make clear commitment with insurance provider about content, reimbursement bases.