WASHINGTON (DC Information Now) — An alarming quantity of carjacking circumstances have been reported in D.C. this yr, leaving 1000’s of drivers recovering from their losses.
Regardless of criminals perpetrating these crimes, harmless drivers could also be left footing the invoice as insurance coverage charges could fluctuate the place automobile thefts happen; not all insurance coverage insurance policies will cowl damages.
5,632 automobile thefts have been reported within the nation’s capital to this point this yr, in line with police information revealed Monday — a 102% improve in comparison with year-to-date numbers on the identical day final yr.
Two Uber drivers have been amongst 5 individuals carjacked Saturday into Sunday; 4 of which have been armed, in line with police stories.
The crimes, which regularly contain weapons, are among the many the explanation why drivers could have seen automobile insurance coverage charges rise previously yr.
Automobile insurance coverage charges should not solely decided by particular person driving information, commutes and the place automobiles are parked but in addition how individuals close to you drive. Carjackings issue into these charges as properly.
Within the occasion of a carjacking or automobile theft, insurers gained’t cowl the property misplaced inside, however sure insurance policies will recuperate your losses associated to wreck your automobile sustains.
Complete and collision insurance policy will present protection to damages, minus your deductible, in line with Progressive. Legal responsibility protection is not going to cowl property damages.
Forbes says almost 1 in 5 drivers should not receiving getting complete protection, so, if carjacked, these drivers will foot the invoice for damages. 1 In 8 drivers haven’t any protection in any respect, Forbes added in an August report.
If drivers buy a ‘passive alarm system’ or in case your automobile has a monitoring system, some insurers might even give you a reduced charge.
Meantime, if drivers are buying round for protection, there are reductions for individuals who permit insurers to trace their driving habits. Much less-hard braking and acceleration might present a decrease charge in these packages. Some insurers even monitor your cellphone utilization on the highway — put your cellphone down, and hold extra cash in your pockets.
