With only about 1,600 larceny-theft incidents per 100,000 inhabitants and an ever-declining larceny-theft rate, you might not think the risk is worth the money. However, for those willing to protect property and belongings, theft insurance can be a savior.
The term ‘theft’ encompasses robbery, theft, and burglary, so you don’t have to worry about misinterpretation:
Theft insurance can cover all your property and belongings or only a part of it. A specific theft insurance plan may cover:
Both theft insurance and homeowners insurance have a coverage limit, which is the maximum amount you can get paid toward a claim. Besides, there’s usually a deductible, which is the amount of money you have to pay before your insurance plan starts to pay.
To reduce an insurance premium, you can
Motorcycle insurance is meant to shield owners and their motor transport from unexpected losses and associated material risks. Different policies are intended to compensate for theft, damage to motor transport or other vehicles, and medical costs. Riders can purchase multiple add-ons to safeguard the motorbike accessories, ensure towing handling, and compensation for physical harm. The […]
Condo insurance is a specific form of insurance aimed at safeguarding the living space by covering its structure and items stored inside it from the indicated perils like theft and damages caused by acts of vandalism or fire. Condo insurance provides financial support when a disaster strikes a condo. It is similar to traditional homeowners […]
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Imagine going on vacation for a week, then returning to the house you are renting and finding that you’ve been robbed! Your TV, laptop, jewelry, and other personal property are missing, and some of your furniture is broken. Are you able to replace it all yourself? If your answer is no, you definitely need renter […]
It is a rare chance to enjoy riding a recreational vehicle for some drivers. For others, it is a lifestyle. But regardless of the proficiency level, any rider needs additional reassurance that his sled is protected against a sudden threat or accident. The latter can entail numerous risks like bodily harm, crash, repairs, or property […]
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Clients tend to look for additional benefits that go beyond cheap car insurance options. For instance, it can be a sense of social protection and welfare that often seems unattainable unless it comes with a price. And this price varies when it comes to shopping for auto insurance in particular. What is a Car Insurance? […]
Short-term rentals, otherwise known as vacation or short-stay rentals, have been gaining immense popularity for quite a while now. Around the same time, such services as Airbnb started capturing the headlines. For most Americans, renting out their personal property, spare rooms, or vacation homes is not a foreign concept. However, short-term renting and hosting is […]
If you ever experienced a theft or robbery, you are familiar with the feeling. Such experience often triggers regret and anger. And as a result, people feel the need to enhance the protection of their property. With 6.92 million property crime cases reported countrywide in 2019, it is only fair for people to feel concerned […]
