If your car is stolen and you have full coverage, your insurance policy will typically cover the loss, but the specific payout depends on your policy details. Full coverage includes both collision and comprehensive insurance, with comprehensive covering theft. After filing a police report, you’ll need to contact your insurance company to initiate the claim process. They will assess the situation, and if the car is confirmed as stolen, you’ll be reimbursed for the car’s actual cash value (ACV), which is the market value of the car at the time of theft, minus any deductible. If your vehicle is recovered but damaged, the repairs may also be covered. However, any outstanding loans or lease payments on the car must still be settled, so if the car’s value doesn’t cover the full loan balance, you may need gap insurance to cover the difference.