Does insurance pay off a recovered stolen vehicle?
In most cases, yes, insurance will pay off a recovered stolen vehicle. However, the amount of coverage and the specific terms and conditions of the policy may vary depending on the insurance company and the type of policy purchased. Comprehensive coverage typically covers theft, and if your vehicle is recovered, the insurance company will typically pay to repair or replace it, up to the actual cash value of the vehicle at the time of the theft. However, some policies may have a deductible, which is the amount you have to pay out of pocket before the insurance coverage kicks in. Additionally, some policies may have a limit on the amount of coverage for theft, so it's important to carefully review your policy and understand the coverage limits and conditions. If you have any questions or concerns about your coverage, it's best to contact your insurance company directly for clarification.