What happens if a financed car is stolen?

Three things:
1. Report the crime.
2. Get your insurance papers and apply for claim.
3. Follow up with the police until you get your car back.
If the car which was stolen was purchased with cash or bought through a used car loan, you must report it with the police. This is because it is important while you submit for insurance claim.
Second, if you have already applied for insurance that’s a good thing. Get all your financial information and documentation that will be needed for insurance claim.
A car can be stolen and there is not much you can do about it apart from filing a complaint and claiming insurance.

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