Complications Arising from Theft of your Car

1. Monetary difference between Purchase Price and Payment Amount which is based on Market Value or Sum Insured (whichever is lower)
2. Loss of use of vehicle before replacement
3. Cost of alternative transportation and inconveniences
4. Loss of No Claim Discount
5. Contiunue with financial instalment payments and replacement of next vehicle
6. Waiting period before insurance payments and replacement of next vehicle
7. Hassle of claims submission, documents, making police reports and frequent visits to police stations to follow-up
8. Loss of use of unexpired portion of road tax
9. Attending interviews by loss adjusters
10. Constant reminders from finance company
11. Psychological and emotional stress