Homeowners insurance covers your home and possessions in the event of damage. As a homeowner, it’s important to know what is and isn’t covered by your insurance policy. Homeowners’ insurance typically covers damage caused by fires, storms, and other natural disasters. But what about theft? Does homeowners insurance cover theft?
The answer to this question depends on the specifics of your policy. Some policies will cover theft, while others will exclude it or offer limited coverage. It’s important to read through your policy carefully so that you know what is and isn’t covered. If you’re not sure, you can always contact your insurance company for clarification.
In general, though, if your home is broken into and items are stolen, homeowners insurance will not cover the loss. There are a few exceptions to this, such as if the theft is a result of a natural disaster. But in most cases, you will need to purchase separate insurance to cover theft.
There are a lot of different factors that go into homeowners insurance coverage. It can be confusing and overwhelming trying to figure out what you need and what is covered by your policy. That’s where we come in. We understand the ins and outs of homeowners insurance claims, and we will work tirelessly to make sure that your rights are protected. If you’ve been wrongfully denied a claim, we can help you get the money you need to move forward. Don’t let an insurance company take advantage of you. Contact us today for a free consultation, and let us fight for the justice you deserve.
Homeowners Insurance Coverage
Homeowners insurance typically covers the following:
- The structure of your home – This includes the walls, floors, ceilings, roof, and foundation. It also includes any attached structures like garages and decks.
- Your personal belongings – This includes furniture, clothing, electronics, appliances, and more. If you have valuable items like jewelry or art, you may need to purchase additional coverage to fully protect them.
- Liability protection – This can help with the costs of legal defense and damages if you’re found liable for an accident on your property. Homeowners’ insurance typically covers medical expenses as well.
- Living expenses – If your home is damaged or destroyed, this coverage can help with the cost of temporary housing and other necessary expenses.
At Elevate Legal Services, PLLC, we have experience handling a variety of homeowners insurance claims. We know the process can be confusing and frustrating, which is why we’re here to help. We’ll work with you to gather all the necessary documentation and evidence, and we’ll fight to get you compensation.
Types of Theft That Are Not Covered by Homeowners Insurance
There are many types of theft that are not covered by homeowners insurance. Some of the most common types of theft include:
– Burglary: This is defined as unauthorized entry into a home with the intent to commit a crime. Homeowners’ insurance typically does not cover burglary unless it can be proven that the home was specifically targeted.
– Robbery: This is defined as taking something from someone by force or threat of force. Homeowners’ insurance typically does not cover robbery unless there is evidence of violence or property damage.
– Auto theft: This is defined as taking a vehicle without the owner’s consent. Homeowners’ insurance typically does not cover auto theft unless there is evidence of vandalism or property damage.
– Identity theft: This is defined as taking someone’s personal information and using it without their permission. Homeowners’ insurance typically does not cover identity theft unless there is evidence of financial loss.
If you are a victim of any of these types of theft, you may be able to file a police report and receive compensation from the offender. However, if the offender is not caught or convicted, you will likely not be able to recoup your losses through homeowners insurance.
Theft Under Your Home Insurance Policy
Your Homeowners Insurance policy will generally cover you for theft, even if the thief didn’t force their way into your home. There are, however, some exceptions to this rule. For example, if you leave your home unoccupied for an extended period of time, your coverage may be limited. Additionally, if the value of the stolen items is over a certain limit ( typically $500 or $1000 ), you may have to pay out of pocket to replace them.
So what does all this mean? Basically, if you’re worried about theft, it’s important to check your Homeowners Insurance policy and make sure that you’re adequately covered. If not, you may want to consider increasing your coverage or getting additional insurance.
Homeowners’ insurance claims can be difficult to navigate, but our experienced legal team can help you get the money you deserve. We understand the ins and outs of homeowners insurance claims, and we will work tirelessly to make sure that your rights are protected. If you’ve been wrongfully denied a claim, we can help you get the money you need to move forward. Don’t let an insurance company take advantage of you. Contact us today at (561) 757-6000 for more information!