Theft Insurance

About Theft Insurance

This is another type of general insurance that provides coverage for loss or damage to property due to theft or attempted theft. It is particularly valuable for both individuals and businesses looking to protect their assets.

Risks Covered

Personal Theft Insurance

This covers the theft or loss of personal assets. It can be part of a homeowners or renters

Commercial Theft Insurance

This provides protection for businesses against financial losses due to theft, burglary, robbery, forgery, and fraud

Auto Theft Insurance

This provides coverage if your vehicle is stolen or damaged due to attempted theft

Exclusions

Collusion

Fire and explosion. The theft policy excludes fire and explosion as they should be otherwise insured (i.e. under the standard fire policy)

Cash and bank notes etc. These are more properly insured under a money policy