Car thefts are on the rise. In fact, there was a 7% increase in vehicles stolen in 2022 compared to 2021. And the number of vehicles stolen surpassed 1 million for the first time since 2008.
With so many cars being stolen, it’s important for drivers to understand what the rules are for when auto insurance will cover a vehicle taken by a thief. After all, if auto insurance doesn’t pay, the car’s owner could find themselves with a lot less money in their checking account after…
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