Depends on the deductible and type of coverage. We only carry liability coverage on one of our cars (the 'beater'), so if anything gets stolen out of it, it's not covered. And the other car has a $1000 deductible for comprehensive/collision, so if my 60CSx gets grabbed out of that one, it's not covered either.
JSWilson64 hit it. I only have liability because my car isnt the nicest one around. Anyways I guess I'll have to just start saving again. It just agravates me that all the hard work I do and someone without a care in the world and probably doesnt want to work anyways makes off with my stuff. The worst part is that my son was along when we got these, I can still hear him asking why someone would do this.