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What is Comprehensive Auto Theft Insurance?

1 Answers

DelKylie

07/30/25 9:27am

It is a type of vehicle insurance that provides compensation for losses incurred due to the vehicle being robbed, stolen, damaged, or the loss of important components. An introduction to comprehensive auto insurance is as follows: Types of Comprehensive Auto Insurance: Vehicle Damage Insurance, Third-Party Liability Insurance, Comprehensive Auto Theft Insurance, On-Board Liability Insurance, Cargo Drop Liability Insurance, Windshield Breakage Insurance, Vehicle Downtime Loss Insurance, Spontaneous Combustion Loss Insurance, Newly Added Equipment Loss Insurance. Introduction to Comprehensive Auto Insurance: Vehicle Damage Insurance covers the liability for losses caused to the insured vehicle due to natural disasters or accidents. Third-Party Liability Insurance covers the liability for bodily injury or direct property damage to third parties caused by accidents during vehicle use. Comprehensive Auto Theft Insurance covers the liability for total loss of the vehicle due to theft, robbery, or hijacking, as well as losses caused by vehicle damage or the loss of parts and accessories. On-Board Liability Insurance covers the liability for bodily injury to passengers and direct damage to goods carried on the vehicle caused by accidents.

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