{"content_id":"fto6tou3jj","slug":"car-theft-insurance-coverage-reporting-korea","locale":"en","schema_type":"HowTo","category":"how_to","category_name":"How-to","title":"Car Theft Insurance Coverage and Reporting Steps","summary":"Car theft may be covered under the theft protection included in own-damage coverage. There is a 30-day waiting period after filing a police report before claiming insurance benefits, while deregistration and re-registration after recovery must be handled separately.","sponsorship_disclosure":null,"affiliate_disclosure":null,"commerce_disclosure":null,"author":{"name":"Injoys Editorial Team","url":"https://injoys.com/ko/about"},"key_points":["Report the vehicle theft to the police and obtain documents proving that it was stolen.","Immediately report the incident to your insurer and confirm the theft protection under your own-damage coverage.","Apply for deregistration due to theft with the vehicle registration authority and prepare the evidence required for the insurance claim.","If the vehicle has not been found 30 days after the police report, file a theft insurance claim.","If the vehicle is recovered, notify the police and insurer and complete the registration procedures based on whether it was deregistered."],"content_markdown":"Vehicle theft may be covered if you have theft coverage under Own Vehicle Damage coverage. After reporting it to the police, notify your insurer immediately. You may claim theft insurance benefits only after 30 days have passed since the police report.\n\nThe time periods provided are based on the Easy Law Information Service as of April 15, 2026, and coverage is governed by the terms and conditions of your insurance contract.\n\n## What insurance covers vehicle theft?\n\nTheft loss involving your vehicle should be checked under Own Vehicle Damage coverage. Compulsory liability insurance alone does not compensate you for the value of your stolen vehicle. First, check your insurance policy to confirm whether you have Own Vehicle Damage coverage. Review the terms and conditions of the relevant contract for the scope of theft coverage.\n\nOwn Vehicle Damage coverage covers damage to the insured vehicle itself. Cash or bags left inside the vehicle are treated separately from the vehicle. Installed accessories are subject to different policy terms from personal belongings.\n\n| Coverage·Property affected | Starting point for determining coverage |\n| --- | --- |\n| Compulsory liability insurance only | Not coverage for theft loss involving your vehicle |\n| Theft coverage under Own Vehicle Damage coverage | Eligibility for vehicle theft compensation may be reviewed |\n| Personal belongings such as cash·bags inside the vehicle | Treated separately from vehicle compensation under Own Vehicle Damage coverage |\n| Theft of only some vehicle parts | Check exclusions in the standard terms and separate special provisions |\n\nThe General Insurance Association of Korea’s standard terms exclude theft of only some parts from coverage. It should not be assessed under the same conditions as theft of the entire vehicle. Detailed criteria are available in the [Standard Automobile Insurance Terms and Conditions](https://carinfo.knia.or.kr/lmxsrv/law/lawFullContent.do?SEQ=3\u0026SEQ_HISTORY=8).\n\n## How to report a missing vehicle\n\nIf you suspect theft, report it to the police first. Also check whether the vehicle was towed or used by a family member. If there are clear signs of theft, do not delay reporting it while making these checks.\n\n1. **Report it to the police.** An urgent theft report can be made by calling 112. Provide the vehicle registration number and its last parking location.\n2. **Prepare documents confirming the incident.** Ask the police about the process for obtaining a theft report confirmation or similar documents. These documents are used to claim insurance benefits and cancel the vehicle’s registration.\n3. **Report the incident to your insurer immediately.** Provide the police report number and the circumstances of the theft. Accurately explain how the vehicle keys were stored as well.\n4. **Organize the evidence.** Record the last time you confirmed that the vehicle was present. Keep the originals of parking records or any video footage you have obtained.\n\nNotification to the insurer is not a procedure that should wait 30 days. Article 657 of the Commercial Act requires notification without delay after becoming aware of an incident. Any loss increased by delayed notification may be excluded from coverage.\n\n\u003e ①When the policyholder, insured, or insurance beneficiary becomes aware that an insured event has occurred, they shall send notice thereof to the insurer without delay.\n\nThe quoted provision is [Article 657(1) of the Commercial Act](https://www.law.go.kr/lsLinkCommonInfo.do?chrClsCd=010202\u0026lsJoLnkSeq=1032336167).\n\n## What documents are required for an insurance claim?\n\nA theft insurance claim requires evidence of both the incident and the loss. Additional documents vary depending on whether the vehicle has been recovered. Ask the claims representative for a case-specific submission list and prepare the documents accordingly.\n\n| Document | When to prepare it |\n| --- | --- |\n| Insurance claim form | When claiming insurance benefits from the insurer |\n| Police-issued document confirming the theft | When proving that a theft incident occurred |\n| Certificate of cancellation of registration | When claiming total-loss insurance benefits due to theft |\n| Photographs·repair estimate, etc. | When claiming damage to a recovered vehicle |\n| Certificate of acceptance for scrapping | When the vehicle was actually scrapped after a total-loss incident |\n| Other additional evidence | When the insurer requests documents needed for its review |\n\nA total loss is a method of settling a claim by compensating for the loss of the entire vehicle. A certificate of cancellation of registration is required for a theft total-loss claim. Scrapping documents apply when the vehicle was actually scrapped. They are not required as a standard submission for every theft claim.\n\nDocument categories can be checked in the [Easy Law Information Service’s guidance on theft incidents](https://www.easylaw.go.kr/CSP/CnpClsMain.laf?ccfNo=3\u0026cciNo=3\u0026cnpClsNo=1\u0026csmSeq=675).\n\n## By situation: Coverage based on when the vehicle is recovered\n\nThe claim details vary depending on when the vehicle is recovered and whether it is damaged. Recovering the vehicle within 30 days does not mean that every loss disappears. Damage to the vehicle may be reviewed for compensation under the applicable coverage.\n\n| Situation | Coverage to check | What to do |\n| --- | --- | --- |\n| Not recovered even after 30 days from the police report | Eligibility to claim theft insurance benefits | Submit claim documents, including evidence of registration cancellation |\n| Recovered without damage within 30 days | Grounds for compensation for theft of the entire vehicle no longer apply | Notify the police·insurer of the recovery |\n| Recovered in damaged condition within 30 days | Eligibility for repair compensation for the damaged portions | Obtain photographs and an estimate before repairs |\n| Recovered after a claim was filed following the 30-day period | Selection·settlement between insurance payment and return of the vehicle | Confirm the handling method with the claims representative |\n| Recovered after insurance benefits were paid | Vehicle ownership rights and settlement of insurance benefits | Notify the insurer before disposing of or using the vehicle |\n\nCoverage for damage to a recovered vehicle is also explained in [Samsung Fire \u0026 Marine Insurance’s vehicle theft compensation guidance](https://m.samsungfire.com/v2/html/claim/05/C_050_010_105.html). The actual scope of payment is governed by your insurance contract.\n\n## When and how much will theft insurance pay?\n\nThe 30 days after the police report are the waiting period before a theft insurance claim may be filed. This does not mean that payment is automatically deposited on the 30th day. After the claim is filed, the incident must be investigated and the payment amount determined.\n\nThe insured amount is not necessarily the actual amount paid. The standard terms set the insured amount as the compensation limit. If the insured amount exceeds the insurance value, the insurance value becomes the limit. Check each insurer’s terms and conditions for the specific calculation method.\n\nBefore filing a claim, request the basis for calculating the following items.\n\n- The insurance value applied at the time of the incident\n- The Own Vehicle Damage insured amount stated in the insurance policy\n- The deductible applied to a total loss or repair loss\n- Whether additional expenses are covered and what evidence is required\n\nDo not calculate the payment based only on the vehicle’s purchase price or the remaining installment balance. The insurance value is the vehicle’s value assessed under the terms and conditions. Obtain the calculation details and compare them with your contract.\n\n## How do you cancel the registration of a stolen vehicle?\n\nCancellation of registration due to theft is a separate procedure that must be filed with the vehicle registration authority. A police report alone does not cancel a vehicle’s registration. The Easy Law Information Service advises applying within 1 month from the date of theft.\n\n1. **Contact a registration authority, such as a vehicle registration office.** Explain that you intend to cancel the registration because of theft.\n2. **Prepare the application and evidence of theft.** Also explain if you cannot submit the registration certificate·license plates. Confirm the appropriate submission method for your circumstances.\n3. **Check whether an agent may apply.** If an agent files the application, additional documents such as a power of attorney are required.\n4. **Obtain a certificate after cancellation is completed.** Submit it to the insurer for the theft total-loss claim.\n\n[The Gwangjin-gu guidance on applying for cancellation of vehicle registration](https://www.gwangjin.go.kr/portal/bbs/B0000049/view.do?menuNo=200041\u0026nttId=134713) lists a theft report confirmation as a required document. Additional documents may be required if an interested party is listed in the vehicle register. Confirm the actual preparation list with the registration authority where you will file the application.\n\n## How to record the theft date·report date·recovery date\n\nEach time period in the theft process has a different starting point. Assuming that the theft date and police report date are the same can make it easy to confuse the deadlines. Keep evidence for each date together in a single incident record.\n\n| Date to record | Related procedure | Records to keep together |\n| --- | --- | --- |\n| Date of theft | Guidance to cancel registration within 1 month after theft | Last time the vehicle was confirmed and circumstances of the theft |\n| Date of police report | 30-day waiting period for a theft insurance claim | Report number and confirmation documents |\n| Date reported to insurer | Incident investigation and document submission | Insurer’s incident number and representative’s contact details |\n| Date registration was canceled | Confirmation of registration status | Certificate of cancellation of registration |\n| Date vehicle was recovered | 3-month deadline for new registration of a deregistered vehicle | Police documents confirming the recovery |\n\nYou should continue preparing to cancel the registration during the 30-day waiting period. If you wait for the insurance payment before starting the cancellation procedure, the timelines may not align. If the exact time of theft is unknown, record it while stating that it is an estimate.\n\n## Can you drive a recovered vehicle immediately?\n\nThe registration of a vehicle that has already been canceled is not automatically restored upon recovery. A vehicle deregistered due to theft must undergo new registration within 3 months from the date of recovery. Handle it separately from a vehicle whose registration was not canceled.\n\n1. **Notify the police and insurer that the vehicle has been recovered.** Check which documents are needed to clear its stolen status.\n2. **Check the vehicle’s registration status.** If its registration has been canceled, ask the registration authority about new registration for reinstatement.\n3. **Complete the permits and inspections required for operation.** Check the procedures for a temporary operation permit and new-registration inspection.\n4. **Use the vehicle only after checking its registration and insurance status.** If insurance benefits were paid, first discuss the vehicle’s return·settlement with the insurer.\n\nThe 3-month deadline from the date of recovery is also specified in the [Notes on the Certificate of Cancellation of Vehicle Registration](https://www.law.go.kr/flDownload.do?bylClsCd=110202\u0026flSeq=155509451\u0026gubun=).\n\n## Can compulsory insurance be canceled after theft?\n\nIf the vehicle can no longer be operated due to theft, this may constitute grounds for cancellation under the terms and conditions. However, the insurance contract does not terminate automatically merely because a report was filed. An exception applies if the contract was transferred to a replacement vehicle.\n\nSubmit evidence of the theft to the insurer and confirm the applicable handling criteria. The cancellation date and refunded premium must be checked separately. Also inform the theft claims representative about the claim currently in progress.\n\n- Evidence accepted for canceling compulsory insurance\n- Contract termination date and refunded premium calculation details\n- Insurance procedures required again if the vehicle is recovered\n\nThe cancellation conditions are set out in [Article 52 of the Standard Automobile Insurance Terms and Conditions](https://carinfo.knia.or.kr/lmxsrv/law/lawFullContent.do?SEQ=3\u0026SEQ_HISTORY=8).\n\n## Common mistakes and cautions regarding false reports\n\nTreating the report, claim, and registration as a single procedure can easily lead to omissions. Do not give up on a claim solely because the doors were not locked. Coverage also cannot be determined solely because the keys were left unattended. A review based on the circumstances of the incident and the applicable terms and conditions is required.\n\n| Common misconception | Standard to check |\n| --- | --- |\n| The police automatically report it to the insurer as well | You must notify the insurer of the incident directly |\n| The money is automatically deposited after 30 days | A claim and determination of the payment amount are required |\n| Repair costs cannot be claimed if the vehicle is recovered | Damage may be reviewed separately |\n| Filing a police report also completes registration cancellation | A separate cancellation procedure with the registration authority is required |\n| Every vehicle that is not returned should be reported as stolen | It may need to be distinguished from embezzlement and similar offenses depending on how the vehicle was entrusted |\n\nA false vehicle theft report may be punishable. Falsely accusing another person may constitute the offense of false accusation. Obtaining administrative action through false documents may constitute obstruction of official duties.\n\nClaiming insurance benefits for a fabricated incident may also constitute insurance fraud. This includes claims that misrepresent the occurrence or details of an insured event. The definition is set out in [Article 2 of the Special Act on the Prevention of Insurance Fraud](https://www.law.go.kr/lsInfoP.do?lsiSeq=260401\u0026viewCls=lsRvsDocInfoR).","content_html":"\u003cp\u003eVehicle theft may be covered if you have theft coverage under Own Vehicle Damage coverage. After reporting it to the police, notify your insurer immediately. You may claim theft insurance benefits only after 30 days have passed since the police report.\u003c/p\u003e\n\u003cp\u003eThe time periods provided are based on the Easy Law Information Service as of April 15, 2026, and coverage is governed by the terms and conditions of your insurance contract.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#what-insurance-covers-vehicle-theft\" class=\"anchor\" id=\"what-insurance-covers-vehicle-theft\"\u003e\u003c/a\u003eWhat insurance covers vehicle theft?\u003c/h2\u003e\n\u003cp\u003eTheft loss involving your vehicle should be checked under Own Vehicle Damage coverage. Compulsory liability insurance alone does not compensate you for the value of your stolen vehicle. First, check your insurance policy to confirm whether you have Own Vehicle Damage coverage. Review the terms and conditions of the relevant contract for the scope of theft coverage.\u003c/p\u003e\n\u003cp\u003eOwn Vehicle Damage coverage covers damage to the insured vehicle itself. Cash or bags left inside the vehicle are treated separately from the vehicle. Installed accessories are subject to different policy terms from personal belongings.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCoverage·Property affected\u003c/th\u003e\n\u003cth\u003eStarting point for determining coverage\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Coverage·Property affected\"\u003eCompulsory liability insurance only\u003c/td\u003e\n\u003ctd data-label=\"Starting point for determining coverage\"\u003eNot coverage for theft loss involving your vehicle\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Coverage·Property affected\"\u003eTheft coverage under Own Vehicle Damage coverage\u003c/td\u003e\n\u003ctd data-label=\"Starting point for determining coverage\"\u003eEligibility for vehicle theft compensation may be reviewed\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Coverage·Property affected\"\u003ePersonal belongings such as cash·bags inside the vehicle\u003c/td\u003e\n\u003ctd data-label=\"Starting point for determining coverage\"\u003eTreated separately from vehicle compensation under Own Vehicle Damage coverage\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Coverage·Property affected\"\u003eTheft of only some vehicle parts\u003c/td\u003e\n\u003ctd data-label=\"Starting point for determining coverage\"\u003eCheck exclusions in the standard terms and separate special provisions\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eThe General Insurance Association of Korea’s standard terms exclude theft of only some parts from coverage. It should not be assessed under the same conditions as theft of the entire vehicle. Detailed criteria are available in the \u003ca href=\"https://carinfo.knia.or.kr/lmxsrv/law/lawFullContent.do?SEQ=3\u0026amp;SEQ_HISTORY=8\"\u003eStandard Automobile Insurance Terms and Conditions\u003c/a\u003e.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#how-to-report-a-missing-vehicle\" class=\"anchor\" id=\"how-to-report-a-missing-vehicle\"\u003e\u003c/a\u003eHow to report a missing vehicle\u003c/h2\u003e\n\u003cp\u003eIf you suspect theft, report it to the police first. Also check whether the vehicle was towed or used by a family member. If there are clear signs of theft, do not delay reporting it while making these checks.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003eReport it to the police.\u003c/strong\u003e An urgent theft report can be made by calling 112. Provide the vehicle registration number and its last parking location.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrepare documents confirming the incident.\u003c/strong\u003e Ask the police about the process for obtaining a theft report confirmation or similar documents. These documents are used to claim insurance benefits and cancel the vehicle’s registration.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eReport the incident to your insurer immediately.\u003c/strong\u003e Provide the police report number and the circumstances of the theft. Accurately explain how the vehicle keys were stored as well.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOrganize the evidence.\u003c/strong\u003e Record the last time you confirmed that the vehicle was present. Keep the originals of parking records or any video footage you have obtained.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eNotification to the insurer is not a procedure that should wait 30 days. Article 657 of the Commercial Act requires notification without delay after becoming aware of an incident. Any loss increased by delayed notification may be excluded from coverage.\u003c/p\u003e\n\u003cblockquote\u003e\n\u003cp\u003e①When the policyholder, insured, or insurance beneficiary becomes aware that an insured event has occurred, they shall send notice thereof to the insurer without delay.\u003c/p\u003e\n\u003c/blockquote\u003e\n\u003cp\u003eThe quoted provision is \u003ca href=\"https://www.law.go.kr/lsLinkCommonInfo.do?chrClsCd=010202\u0026amp;lsJoLnkSeq=1032336167\"\u003eArticle 657(1) of the Commercial Act\u003c/a\u003e.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#what-documents-are-required-for-an-insurance-claim\" class=\"anchor\" id=\"what-documents-are-required-for-an-insurance-claim\"\u003e\u003c/a\u003eWhat documents are required for an insurance claim?\u003c/h2\u003e\n\u003cp\u003eA theft insurance claim requires evidence of both the incident and the loss. Additional documents vary depending on whether the vehicle has been recovered. Ask the claims representative for a case-specific submission list and prepare the documents accordingly.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eDocument\u003c/th\u003e\n\u003cth\u003eWhen to prepare it\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Document\"\u003eInsurance claim form\u003c/td\u003e\n\u003ctd data-label=\"When to prepare it\"\u003eWhen claiming insurance benefits from the insurer\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Document\"\u003ePolice-issued document confirming the theft\u003c/td\u003e\n\u003ctd data-label=\"When to prepare it\"\u003eWhen proving that a theft incident occurred\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Document\"\u003eCertificate of cancellation of registration\u003c/td\u003e\n\u003ctd data-label=\"When to prepare it\"\u003eWhen claiming total-loss insurance benefits due to theft\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Document\"\u003ePhotographs·repair estimate, etc.\u003c/td\u003e\n\u003ctd data-label=\"When to prepare it\"\u003eWhen claiming damage to a recovered vehicle\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Document\"\u003eCertificate of acceptance for scrapping\u003c/td\u003e\n\u003ctd data-label=\"When to prepare it\"\u003eWhen the vehicle was actually scrapped after a total-loss incident\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Document\"\u003eOther additional evidence\u003c/td\u003e\n\u003ctd data-label=\"When to prepare it\"\u003eWhen the insurer requests documents needed for its review\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eA total loss is a method of settling a claim by compensating for the loss of the entire vehicle. A certificate of cancellation of registration is required for a theft total-loss claim. Scrapping documents apply when the vehicle was actually scrapped. They are not required as a standard submission for every theft claim.\u003c/p\u003e\n\u003cp\u003eDocument categories can be checked in the \u003ca href=\"https://www.easylaw.go.kr/CSP/CnpClsMain.laf?ccfNo=3\u0026amp;cciNo=3\u0026amp;cnpClsNo=1\u0026amp;csmSeq=675\"\u003eEasy Law Information Service’s guidance on theft incidents\u003c/a\u003e.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#by-situation-coverage-based-on-when-the-vehicle-is-recovered\" class=\"anchor\" id=\"by-situation-coverage-based-on-when-the-vehicle-is-recovered\"\u003e\u003c/a\u003eBy situation: Coverage based on when the vehicle is recovered\u003c/h2\u003e\n\u003cp\u003eThe claim details vary depending on when the vehicle is recovered and whether it is damaged. Recovering the vehicle within 30 days does not mean that every loss disappears. Damage to the vehicle may be reviewed for compensation under the applicable coverage.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eSituation\u003c/th\u003e\n\u003cth\u003eCoverage to check\u003c/th\u003e\n\u003cth\u003eWhat to do\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Situation\"\u003eNot recovered even after 30 days from the police report\u003c/td\u003e\n\u003ctd data-label=\"Coverage to check\"\u003eEligibility to claim theft insurance benefits\u003c/td\u003e\n\u003ctd data-label=\"What to do\"\u003eSubmit claim documents, including evidence of registration cancellation\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Situation\"\u003eRecovered without damage within 30 days\u003c/td\u003e\n\u003ctd data-label=\"Coverage to check\"\u003eGrounds for compensation for theft of the entire vehicle no longer apply\u003c/td\u003e\n\u003ctd data-label=\"What to do\"\u003eNotify the police·insurer of the recovery\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Situation\"\u003eRecovered in damaged condition within 30 days\u003c/td\u003e\n\u003ctd data-label=\"Coverage to check\"\u003eEligibility for repair compensation for the damaged portions\u003c/td\u003e\n\u003ctd data-label=\"What to do\"\u003eObtain photographs and an estimate before repairs\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Situation\"\u003eRecovered after a claim was filed following the 30-day period\u003c/td\u003e\n\u003ctd data-label=\"Coverage to check\"\u003eSelection·settlement between insurance payment and return of the vehicle\u003c/td\u003e\n\u003ctd data-label=\"What to do\"\u003eConfirm the handling method with the claims representative\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Situation\"\u003eRecovered after insurance benefits were paid\u003c/td\u003e\n\u003ctd data-label=\"Coverage to check\"\u003eVehicle ownership rights and settlement of insurance benefits\u003c/td\u003e\n\u003ctd data-label=\"What to do\"\u003eNotify the insurer before disposing of or using the vehicle\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eCoverage for damage to a recovered vehicle is also explained in \u003ca href=\"https://m.samsungfire.com/v2/html/claim/05/C_050_010_105.html\"\u003eSamsung Fire \u0026amp; Marine Insurance’s vehicle theft compensation guidance\u003c/a\u003e. The actual scope of payment is governed by your insurance contract.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#when-and-how-much-will-theft-insurance-pay\" class=\"anchor\" id=\"when-and-how-much-will-theft-insurance-pay\"\u003e\u003c/a\u003eWhen and how much will theft insurance pay?\u003c/h2\u003e\n\u003cp\u003eThe 30 days after the police report are the waiting period before a theft insurance claim may be filed. This does not mean that payment is automatically deposited on the 30th day. After the claim is filed, the incident must be investigated and the payment amount determined.\u003c/p\u003e\n\u003cp\u003eThe insured amount is not necessarily the actual amount paid. The standard terms set the insured amount as the compensation limit. If the insured amount exceeds the insurance value, the insurance value becomes the limit. Check each insurer’s terms and conditions for the specific calculation method.\u003c/p\u003e\n\u003cp\u003eBefore filing a claim, request the basis for calculating the following items.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eThe insurance value applied at the time of the incident\u003c/li\u003e\n\u003cli\u003eThe Own Vehicle Damage insured amount stated in the insurance policy\u003c/li\u003e\n\u003cli\u003eThe deductible applied to a total loss or repair loss\u003c/li\u003e\n\u003cli\u003eWhether additional expenses are covered and what evidence is required\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eDo not calculate the payment based only on the vehicle’s purchase price or the remaining installment balance. The insurance value is the vehicle’s value assessed under the terms and conditions. Obtain the calculation details and compare them with your contract.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#how-do-you-cancel-the-registration-of-a-stolen-vehicle\" class=\"anchor\" id=\"how-do-you-cancel-the-registration-of-a-stolen-vehicle\"\u003e\u003c/a\u003eHow do you cancel the registration of a stolen vehicle?\u003c/h2\u003e\n\u003cp\u003eCancellation of registration due to theft is a separate procedure that must be filed with the vehicle registration authority. A police report alone does not cancel a vehicle’s registration. The Easy Law Information Service advises applying within 1 month from the date of theft.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003eContact a registration authority, such as a vehicle registration office.\u003c/strong\u003e Explain that you intend to cancel the registration because of theft.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrepare the application and evidence of theft.\u003c/strong\u003e Also explain if you cannot submit the registration certificate·license plates. Confirm the appropriate submission method for your circumstances.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCheck whether an agent may apply.\u003c/strong\u003e If an agent files the application, additional documents such as a power of attorney are required.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eObtain a certificate after cancellation is completed.\u003c/strong\u003e Submit it to the insurer for the theft total-loss claim.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003e\u003ca href=\"https://www.gwangjin.go.kr/portal/bbs/B0000049/view.do?menuNo=200041\u0026amp;nttId=134713\"\u003eThe Gwangjin-gu guidance on applying for cancellation of vehicle registration\u003c/a\u003e lists a theft report confirmation as a required document. Additional documents may be required if an interested party is listed in the vehicle register. Confirm the actual preparation list with the registration authority where you will file the application.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#how-to-record-the-theft-datereport-daterecovery-date\" class=\"anchor\" id=\"how-to-record-the-theft-datereport-daterecovery-date\"\u003e\u003c/a\u003eHow to record the theft date·report date·recovery date\u003c/h2\u003e\n\u003cp\u003eEach time period in the theft process has a different starting point. Assuming that the theft date and police report date are the same can make it easy to confuse the deadlines. Keep evidence for each date together in a single incident record.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eDate to record\u003c/th\u003e\n\u003cth\u003eRelated procedure\u003c/th\u003e\n\u003cth\u003eRecords to keep together\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Date to record\"\u003eDate of theft\u003c/td\u003e\n\u003ctd data-label=\"Related procedure\"\u003eGuidance to cancel registration within 1 month after theft\u003c/td\u003e\n\u003ctd data-label=\"Records to keep together\"\u003eLast time the vehicle was confirmed and circumstances of the theft\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Date to record\"\u003eDate of police report\u003c/td\u003e\n\u003ctd data-label=\"Related procedure\"\u003e30-day waiting period for a theft insurance claim\u003c/td\u003e\n\u003ctd data-label=\"Records to keep together\"\u003eReport number and confirmation documents\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Date to record\"\u003eDate reported to insurer\u003c/td\u003e\n\u003ctd data-label=\"Related procedure\"\u003eIncident investigation and document submission\u003c/td\u003e\n\u003ctd data-label=\"Records to keep together\"\u003eInsurer’s incident number and representative’s contact details\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Date to record\"\u003eDate registration was canceled\u003c/td\u003e\n\u003ctd data-label=\"Related procedure\"\u003eConfirmation of registration status\u003c/td\u003e\n\u003ctd data-label=\"Records to keep together\"\u003eCertificate of cancellation of registration\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Date to record\"\u003eDate vehicle was recovered\u003c/td\u003e\n\u003ctd data-label=\"Related procedure\"\u003e3-month deadline for new registration of a deregistered vehicle\u003c/td\u003e\n\u003ctd data-label=\"Records to keep together\"\u003ePolice documents confirming the recovery\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eYou should continue preparing to cancel the registration during the 30-day waiting period. If you wait for the insurance payment before starting the cancellation procedure, the timelines may not align. If the exact time of theft is unknown, record it while stating that it is an estimate.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#can-you-drive-a-recovered-vehicle-immediately\" class=\"anchor\" id=\"can-you-drive-a-recovered-vehicle-immediately\"\u003e\u003c/a\u003eCan you drive a recovered vehicle immediately?\u003c/h2\u003e\n\u003cp\u003eThe registration of a vehicle that has already been canceled is not automatically restored upon recovery. A vehicle deregistered due to theft must undergo new registration within 3 months from the date of recovery. Handle it separately from a vehicle whose registration was not canceled.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003eNotify the police and insurer that the vehicle has been recovered.\u003c/strong\u003e Check which documents are needed to clear its stolen status.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCheck the vehicle’s registration status.\u003c/strong\u003e If its registration has been canceled, ask the registration authority about new registration for reinstatement.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eComplete the permits and inspections required for operation.\u003c/strong\u003e Check the procedures for a temporary operation permit and new-registration inspection.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eUse the vehicle only after checking its registration and insurance status.\u003c/strong\u003e If insurance benefits were paid, first discuss the vehicle’s return·settlement with the insurer.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eThe 3-month deadline from the date of recovery is also specified in the \u003ca href=\"https://www.law.go.kr/flDownload.do?bylClsCd=110202\u0026amp;flSeq=155509451\u0026amp;gubun=\"\u003eNotes on the Certificate of Cancellation of Vehicle Registration\u003c/a\u003e.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#can-compulsory-insurance-be-canceled-after-theft\" class=\"anchor\" id=\"can-compulsory-insurance-be-canceled-after-theft\"\u003e\u003c/a\u003eCan compulsory insurance be canceled after theft?\u003c/h2\u003e\n\u003cp\u003eIf the vehicle can no longer be operated due to theft, this may constitute grounds for cancellation under the terms and conditions. However, the insurance contract does not terminate automatically merely because a report was filed. An exception applies if the contract was transferred to a replacement vehicle.\u003c/p\u003e\n\u003cp\u003eSubmit evidence of the theft to the insurer and confirm the applicable handling criteria. The cancellation date and refunded premium must be checked separately. Also inform the theft claims representative about the claim currently in progress.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eEvidence accepted for canceling compulsory insurance\u003c/li\u003e\n\u003cli\u003eContract termination date and refunded premium calculation details\u003c/li\u003e\n\u003cli\u003eInsurance procedures required again if the vehicle is recovered\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eThe cancellation conditions are set out in \u003ca href=\"https://carinfo.knia.or.kr/lmxsrv/law/lawFullContent.do?SEQ=3\u0026amp;SEQ_HISTORY=8\"\u003eArticle 52 of the Standard Automobile Insurance Terms and Conditions\u003c/a\u003e.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#common-mistakes-and-cautions-regarding-false-reports\" class=\"anchor\" id=\"common-mistakes-and-cautions-regarding-false-reports\"\u003e\u003c/a\u003eCommon mistakes and cautions regarding false reports\u003c/h2\u003e\n\u003cp\u003eTreating the report, claim, and registration as a single procedure can easily lead to omissions. Do not give up on a claim solely because the doors were not locked. Coverage also cannot be determined solely because the keys were left unattended. A review based on the circumstances of the incident and the applicable terms and conditions is required.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCommon misconception\u003c/th\u003e\n\u003cth\u003eStandard to check\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misconception\"\u003eThe police automatically report it to the insurer as well\u003c/td\u003e\n\u003ctd data-label=\"Standard to check\"\u003eYou must notify the insurer of the incident directly\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misconception\"\u003eThe money is automatically deposited after 30 days\u003c/td\u003e\n\u003ctd data-label=\"Standard to check\"\u003eA claim and determination of the payment amount are required\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misconception\"\u003eRepair costs cannot be claimed if the vehicle is recovered\u003c/td\u003e\n\u003ctd data-label=\"Standard to check\"\u003eDamage may be reviewed separately\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misconception\"\u003eFiling a police report also completes registration cancellation\u003c/td\u003e\n\u003ctd data-label=\"Standard to check\"\u003eA separate cancellation procedure with the registration authority is required\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misconception\"\u003eEvery vehicle that is not returned should be reported as stolen\u003c/td\u003e\n\u003ctd data-label=\"Standard to check\"\u003eIt may need to be distinguished from embezzlement and similar offenses depending on how the vehicle was entrusted\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eA false vehicle theft report may be punishable. Falsely accusing another person may constitute the offense of false accusation. Obtaining administrative action through false documents may constitute obstruction of official duties.\u003c/p\u003e\n\u003cp\u003eClaiming insurance benefits for a fabricated incident may also constitute insurance fraud. This includes claims that misrepresent the occurrence or details of an insured event. The definition is set out in \u003ca href=\"https://www.law.go.kr/lsInfoP.do?lsiSeq=260401\u0026amp;viewCls=lsRvsDocInfoR\"\u003eArticle 2 of the Special Act on the Prevention of Insurance Fraud\u003c/a\u003e.\u003c/p\u003e\n","tags":["Auto insurance","Own vehicle damage","Insurance claim","Everyday Finance"],"faqs":[{"question":"Can I receive compensation for vehicle theft if I only have liability insurance?","answer":"Liability insurance does not cover damage from the theft of your own vehicle. You need to check whether you have theft coverage under Own Vehicle Damage coverage."},{"question":"Should I contact the insurance company immediately after reporting it to the police?","answer":"You must also notify the insurance company of the incident without delay. The 30-day waiting period for theft insurance benefits does not mean that you may delay reporting the incident."},{"question":"Will the insurance benefit be deposited on the 30th day after I report the theft?","answer":"The 30 days constitute the waiting period before you can claim theft insurance benefits. Actual payment is made after the documents are submitted, the incident is reviewed, and the payment amount is determined."},{"question":"If the vehicle is found within 30 days but is damaged, will the damage be covered?","answer":"Damage to a recovered vehicle may be covered depending on your coverage. Notify the insurance company before repairs and prepare photos and an estimate."},{"question":"Are cash or bags that were inside the vehicle also covered?","answer":"Personal belongings such as cash or bags are separate from the vehicle covered under Own Vehicle Damage coverage. They are not automatically included in vehicle theft coverage."},{"question":"Will I be denied coverage if I left the key in the vehicle?","answer":"Coverage cannot be determined solely on the basis that the key was left in the vehicle. Accurately disclose the circumstances of the incident and how the key was kept. Ask the insurance company which policy terms apply and the basis for its decision."},{"question":"Is a certificate of vehicle acceptance for scrapping also required to claim theft insurance benefits?","answer":"A certificate of deregistration is required for a theft total-loss claim. A certificate of vehicle acceptance for scrapping is required when the vehicle was actually scrapped after a total-loss accident. Ask the insurance company for a list of documents required for your case."},{"question":"How do I deregister the vehicle if the license plates disappeared along with it?","answer":"Inform the vehicle registration authority that you cannot submit the license plates and other items because of the theft. Prepare a theft report confirmation and ask how to submit the required materials under the circumstances."},{"question":"Do all recovered stolen vehicles have to be newly registered?","answer":"The rule requiring new registration within 3 months of recovery applies to vehicles deregistered due to theft. First, check whether the vehicle was deregistered. You must notify the police and the insurance company that the vehicle has been recovered."},{"question":"What should I do if the vehicle is found after I receive the insurance benefit?","answer":"Immediately notify the insurance company that the vehicle has been recovered. You need to confirm the rights to the vehicle and the settlement of the insurance benefit. Discuss how to proceed before using or disposing of the vehicle at your discretion."},{"question":"Is compulsory insurance automatically canceled if a vehicle is stolen?","answer":"It is not automatically canceled. If the vehicle cannot be driven because it was stolen, this may constitute grounds for cancellation under the policy terms. Confirm the required documentation and the contract termination date with the insurance company."},{"question":"If someone I know fails to return a vehicle I entrusted to them, can it still be handled under theft insurance?","answer":"Depending on the circumstances under which the vehicle was entrusted, it may be deemed embezzlement or a similar offense. The standard policy terms exclude losses caused by fraud or embezzlement. You must explain the actual circumstances to the police and the insurance company."}],"sources":[{"url":"https://www.easylaw.go.kr/CSP/CnpClsMain.laf?ccfNo=3\u0026cciNo=3\u0026cnpClsNo=1\u0026csmSeq=675","title":"Easy-to-Find Practical Legal Information — What Should You Do If Your Vehicle Is Stolen?","type":"source"},{"url":"https://carinfo.knia.or.kr/lmxsrv/law/lawFullContent.do?SEQ=3\u0026SEQ_HISTORY=8","title":"General Insurance Association of Korea Automobile Insurance Comprehensive Portal — Standard Automobile Insurance Terms and Conditions","type":"source"},{"url":"https://www.law.go.kr/lsLinkCommonInfo.do?chrClsCd=010202\u0026lsJoLnkSeq=1032336167","title":"Korean Law Information Center — Article 657 of the Commercial Act: Duty to Notify the Occurrence of an Insured Event","type":"source"},{"url":"https://m.samsungfire.com/v2/html/claim/05/C_050_010_105.html","title":"Samsung Fire \u0026 Marine Insurance — Unexpected Vehicle Theft","type":"source"},{"url":"https://www.gwangjin.go.kr/portal/bbs/B0000049/view.do?menuNo=200041\u0026nttId=134713","title":"Gwangjin-gu Office Civil Affairs Handbook — Application for Vehicle Deregistration","type":"source"},{"url":"https://www.law.go.kr/flDownload.do?bylClsCd=110202\u0026flSeq=155509451\u0026gubun=","title":"Korean Law Information Center — Motor Vehicle Registration Regulations, Attached Form No. 20: Certificate of Vehicle Deregistration","type":"source"},{"url":"https://www.law.go.kr/lsInfoP.do?lsiSeq=260401\u0026viewCls=lsRvsDocInfoR","title":"Korean Law Information Center — Special Act on the Prevention of Insurance Fraud","type":"source"}],"images":[{"id":1241,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6MTc2OTcsInB1ciI6ImJsb2JfaWQifX0=--92c73801dce7a35d3de99767fbc21776ad1970da/ai-7eb8b3da.webp","is_representative":true,"generation_method":"ai_photo","license":"ai_generated","mime_type":"image/webp","translations":{"ko":{"alt":"주차장 빈자리에 깨진 유리가 흩어진 가운데 휴대전화로 통화하는 여성","caption":"여성이 깨진 유리가 남은 빈 주차 공간 옆에서 다급히 전화를 걸고 있다.","description":null},"en":{"alt":"Worried woman on the phone beside an empty parking space scattered with broken glass","caption":"A woman makes an urgent call beside an empty parking space covered with broken glass.","description":null},"ja":{"alt":"割れたガラスが散らばる空の駐車スペースの横で電話する不安そうな女性","caption":"女性が割れたガラスの残る空の駐車スペース脇で緊急の電話をかけている。","description":null},"es":{"alt":"Mujer preocupada al teléfono junto a una plaza vacía con cristales rotos","caption":"Una mujer hace una llamada urgente junto a una plaza vacía cubierta de cristales rotos.","description":null},"id":{"alt":"Wanita cemas menelepon di samping tempat parkir kosong yang dipenuhi pecahan kaca","caption":"Seorang wanita menelepon dengan segera di dekat tempat parkir kosong yang penuh pecahan kaca.","description":null},"pt":{"alt":"Mulher preocupada ao telefone junto a uma vaga vazia com vidros quebrados","caption":"Uma mulher faz uma ligação urgente ao lado de uma vaga vazia coberta por vidros quebrados.","description":null},"zh-hant":{"alt":"神情焦急的女子在散落碎玻璃的空車位旁打電話","caption":"一名女子在滿地碎玻璃的空車位旁緊急打電話。","description":null},"de":{"alt":"Besorgte Frau telefoniert neben einem leeren Parkplatz mit Glasscherben","caption":"Eine Frau tätigt neben einer leeren, mit Glasscherben bedeckten Parklücke einen dringenden Anruf.","description":null}}},{"id":1242,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6MTc3MDMsInB1ciI6ImJsb2JfaWQifX0=--42632887e06e0b5cad7f9d859f37bb8cfc0190a3/ai-06385ed1.webp","is_representative":false,"generation_method":"ai_image","license":"ai_generated","mime_type":"image/webp","translations":{"ko":{"alt":"빈 주차 자리와 자동차 키에서 경찰 신고, 보험 심사, 차량 회수로 이어지는 절차 안내","caption":"도난 차량 신고부터 보험 심사와 차량 회수까지의 과정을 단계별로 보여준다.","description":null},"en":{"alt":"Process from an empty parking space and car key to police reporting, insurance review, and vehicle recovery","caption":"The infographic outlines the steps from reporting a stolen car to insurance review and vehicle recovery.","description":null},"ja":{"alt":"空の駐車スペースと車の鍵から警察への届出、保険審査、車両回収までの流れ","caption":"盗難車の届出から保険審査、車両回収までの手順を段階的に示している。","description":null},"es":{"alt":"Proceso desde una plaza vacía y una llave hasta la denuncia, revisión del seguro y recuperación del vehículo","caption":"La infografía muestra los pasos desde la denuncia del robo hasta la revisión del seguro y la recuperación del vehículo.","description":null},"id":{"alt":"Alur dari tempat parkir kosong dan kunci mobil hingga laporan polisi, tinjauan asuransi, dan pemulihan kendaraan","caption":"Infografik ini menunjukkan tahapan pelaporan mobil curian, peninjauan asuransi, dan pemulihan kendaraan.","description":null},"pt":{"alt":"Processo da vaga vazia e chave do carro ao boletim policial, análise do seguro e recuperação do veículo","caption":"O infográfico mostra as etapas da denúncia do roubo à análise do seguro e à recuperação do veículo.","description":null},"zh-hant":{"alt":"從空車位與車鑰匙到報警、保險審核及尋回車輛的流程","caption":"資訊圖表逐步呈現汽車失竊報案、保險審核與車輛尋回的流程。","description":null},"de":{"alt":"Ablauf vom leeren Parkplatz und Autoschlüssel über Polizeimeldung und Versicherungsprüfung bis zur Fahrzeugrückgabe","caption":"Die Grafik zeigt die Schritte von der Diebstahlanzeige über die Versicherungsprüfung bis zur Rückgabe des Fahrzeugs.","description":null}}}],"published_at":"2026-09-12T19:38:51+09:00","updated_at":"2026-09-12T19:38:51+09:00","license":"cc_by","translation_status":"reviewed","available_locales":["ko","en","ja","es"],"data_locales":["ko","en","ja","es","id","pt","zh-hant","de"],"url":"https://injoys.com/en/articles/car-theft-insurance-coverage-reporting-korea"}