No problem. Have your vehicle been stolen?
Yeah, it was stolen about a week ago.
Sorry about that. In first, and in case you hasn't done it yet, you must report the stolen vehicle to the police and your insurance company asap. With your report, the police will enter your car's information on the national and state auto theft records. Besides, a theft status will be added on your vehicle title record, for preventing any sale or title application.
Well, i'm kinda doing something related. By the way, my insurance company has requested me to transfer a insurance transfer only title. Is it okay to do that?
There shouldn't be any problem with that, unless your vehicle is in fact recovered before you do that transfer. In that occurs, you should continue, but make sure the police cancel the stolen vehicle alarm first. Then, send your title to the Title Bureau with a letter explaining your car has been recovered. You'll get a regular title then.
And what about the vehicle isn't recovered?
In that case scenario, you won't have any more choice that transfer ownership of your car to your insurance company using your title certificate.
um, i hope i can recover it then. Ok, other question, lets say i recovered the vehicle, but it was damaged or even worse, it got totaled. What is left to me to do then?