Insurance lesson 101.
The most common insurance scams are when your vehicle burns or is stolen. Usually after a claim is filed, then it is handled by the SIU (Special Investigated Unit), who will investigate this claim thoroughly.
With theft claims, there is a 30 day waiting period to allow the insurance to find your car. When/if found, then in most cases, will be from an accident, and the person who stole the car, many times will flee the scene. If found, then insurance will pay for the damages to your car, and you get your vehicle back after fixed.
While waiting the 30 days, you will most likely have to provide your phone records and texts, (plus) your financial records, since with many thefts, they can't afford the car payments, thus want out of the loan. In other words, will have to verify that you had (nothing) to do with the theft.
Now if not found after 30 days and they believe you had nothing to do with the theft, then insurance pays you the ACV of the vehicle, or to the lender if you have a loan. But before they do this, then you have to sign off your title to the insurance company, who then becomes the owner of the vehicle if (ever) found in the future.
This is no different than having an accident and the repairs are too much, thus considered a total loss, thus insurance pays you the ACV, then takes the car (unrepaired) and then sells to a salvage yard.
retired auto adjuster