Burglary Insurance
Safeguard Your Property
Regardless of whether you own an independent house, an apartment, or a commercial space, burglary insurance is essential for safeguarding your property against the financial impact of burglary-related losses.
This policy provides crucial protection for your home or business, covering potential damages or losses stemming from a burglary. A burglary is defined as the unlawful entry into a building with the intent to commit a crime, which may not always result in theft, emphasizing the importance of having coverage in place to mitigate risks.
What Does It Cover?
- Stolen Property
Compensation for the value of stolen items, available at either depreciated actual cash value or replacement cost for a new item.
- Property Damage
Coverage for structural damages, such as broken windows or doors, under dwelling or building policy limits.
- Business Interruption
Reimburses lost income and relocation expenses if operations halt due to a burglary incident.
- Replacement Costs
Provides full coverage to replace stolen or damaged items with new ones, excluding depreciation.
- Legal Fees
Covers legal defense costs associated with burglary-related lawsuits, subject to policy limits and conditions.
