Is Theft of Property Insured With Your Homeowner's Insurance?

Is your personal property insured against theft with Insurance?

To answer your question, yes. All homeowners policies cover theft, but it is not always included in landlord insurance policies.

If the property is used as your primary or secondary home, theft coverage is automatically included with your home insurance policy. It's important to ask your agent—and yourself—if you have sufficient content coverage and on what basis your property is covered, whether it's the actual cash value or replacement cost.

For landlord insurance policies to cover theft, a special endorsement is required to protect against the theft of personal property. Be sure to ask your agent to include "limited theft coverage."

It's also crucial to review your policy with your agent, especially the maximum coverage limits for different types of property. Here are some examples:

• Limit on jewelry, watches, and furs = $1,500

• Limit on firearms = $2,500

• Limit on silverware = $2,500

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Should you require more coverage than the policy limits, consult with your agent about scheduling your personal property for additional protection.

Please call us with any questions.

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