Are you covered for theft under your home contents insurance?
Unfortunately, you may be a victim of theft. Naturally, you want to be as well-protected as possible against theft. Unfortunately, there is no theft insurance policy that covers all forms of theft. To protect your household belongings, you can purchase home contents insurance. Your car, for example, requires a completely different type of insurance: comprehensive auto insurance.
Theft of Your Household Belongings
When you purchase home contents insurance, you’re automatically covered against theft. This is because you’re insuring your household belongings against damage inside your home (which includes burglary). Damage to special and valuable items is often partially covered. This includes damage to items such as jewelry, computer equipment, and works of art. So be sure to always read the policy terms and conditions carefully when taking out home contents insurance. If you have a lot of valuable items, it’s a good idea to take out additional high-value coverage. That way, you can be sure you’re properly insured.
If personal property is stolen from your car, this loss is also covered under your personal property insurance. However, you must be able to show clear signs of a break-in. Most insurers do set a maximum amount of coverage for theft from cars.
Theft outside the home?
With your household contents insurance, you’re only covered inside your home. So, if items are stolen from you outside your home, you’ll need out-of-home coverage to be insured against damage and theft. This coverage applies to items you can actually use outside your home, such as a video camera, a camera, and a laptop. With some insurers, off-premises coverage is included as standard, so be sure to read your policy terms and conditions carefully!
Want to get home contents insurance? Calculate your premium!
Property Damage from a Break-in
If your home is burglarized, there’s usually damage to your home as well. A burglar may have broken down your door or smashed a window. This damage isn’t covered by home contents insurance. To cover this, you’ll need to purchase a different type of insurance: home insurance.
What is covered in the event of a burglary at a student residence?
Do you or your child live in a student residence? If so, you can purchase a special home contents insurance policy for students. In the event of a burglary at a student residence, insurers apply what is known as an “internal burglary clause.” This means that damage caused by theft is only covered if there are signs of forced entry. You must therefore be able to prove that a lock was forced open or that a window was smashed.
Never Underinsured
Create Your Own Package
A wide selection
We compare all insurance companies for you, saving you time
Help from our experts
Can't figure it out? Our experts are always ready to help you
We'd be happy to help you right away
Having trouble figuring it out online? We're happy to help you via chat or WhatsApp.
Ask your question and get a response within 2 minutes