Returning to your neighbourhood mall's parking lot, you notice that your car is no longer there. Thinking you're in the wrong parking aisle, you walk up and down several aisles and realize your car has been stolen. What do you do?
Four easy steps
Discover the four-step process in case of theft.
Are you covered?
Yes, if you purchased coverage for damage to your vehicle. That's Section B of your policy (Comprehensive or All Perils). Your insurer will deduct the amount of your policy deductible from the compensation amount.
Example of a deduction
|Amount to replace your vehicle
|Your policy deductible
|Total amount paid by your insurer
Which vehicles were most often stolen in Quebec in 2016?
- TOYOTA 4RUNNER 4P 2015 TRUCK/VAN
- TOYOTA 4RUNNER 4P 2014 TRUCK/VAN
- LEXUS RX350 4P 2013 TRUCK/VAN
- LEXUS RX350 4P 2015 TRUCK/VAN
- TOYOTA FJ CRUISER 4P 2011 TRUCK/VAN
N.B. The ratio is established by comparing the number of vehicles stolen versus the number of vehicles insured. In addition, only models with a minimum of 100 vehicles insured in Quebec are considered in this listing.
Your insurer will wait 30 days before compensating you. This is normal in case your vehicle is recovered by the police. Many stolen vehicles are, in fact, abandoned shortly after they are stolen.
If your car is not recovered, the insurer will discuss the replacement or reimbursement terms and conditions for your car with you. These conditions are spelled out in your policy.