I bought a vehicle and later was determined it was stolen

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: Jan 31, 2012

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Insurance Question from Thousand Oaks, CA

Asked on 01/31/2012

I bought a vehicle and later was determined it was stolen I did all due diligence, Car Fax, check vin, registration, got owners DL etc. Paid for car, Day before pick up I had car added for full coverage(I have 2 other cars covered) by insurance co. will they cover loss?

Answer given on February 01, 2012

I believe you are saying that after your paid for the car you found out that it was a stolen car and could not take possession. If that is the case, your car insurance company is not going to cover your financial loss for the purchase. There is no insurance loss to you for this situation. Unfortunately, you are a victim of fraud by the seller. You should call your agent and cancel the insurance back to the date you added it to your insurance, so you can get that money back.I presume the check was already cashed, or you may have paid cash for the car. Either way, you don’t have the money. You need to file a police report with the information you have on the person who sold you the car. They may be able to find them and prosecute them. They probably don’t have any money though, so you won’t be able to get reimbursed.


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