In a personal auto policy, after a vehicle is stolen, how long is the waiting period for transportation expenses reimbursement?

In a personal auto policy, the waiting period for transportation expenses reimbursement after a vehicle is stolen is 48 hours. This means that the policyholder must wait for two days before they are eligible to receive reimbursement for expenses incurred as a result of the vehicle theft.

The rationale behind the 48-hour waiting period is to allow time for the possibility of the vehicle being recovered before incurring additional costs for transportation. After this waiting period, once the vehicle is officially deemed stolen with no indication of its recovery, the policy can provide coverage for transportation expenses related to the loss, which often includes costs for rental vehicles or public transportation.

This provision is standard in many personal auto insurance policies, helping to balance the insurer's risk with the needs of the insured while discouraging unnecessary claims for minor inconveniences. It is important for policyholders to understand this waiting period when considering their coverage options and potential claims.