It is important to understand how personal property stolen from your vehicle is covered under an insurance policy.
While most may think property stolen out of a vehicle would be covered on an auto policy, this typically is not the case. The coverage for certain personal possessions inside of your car are protected under a “homeowners or renters insurance policy”, subject to deductible. In certain cases your deductible may actually cost more than replacing the stolen item(s).
Regardless, having these policies are advantageous in more ways than just protecting your contents while inside your vehicle. Even if you do not own a home, you can bundle a renter’s insurance policy with your auto and take advantage of multi-policy discounts. In addition, you’ll add personal liability protection outside of your vehicle.
Below are a few tips for reducing the risk of theft of your contents in your vehicle:
- Never leave your vehicle unattended if the motor is still running
- Always lock your doors, even if you are not going to be gone long or are pumping gas
- Park in well-lit areas and parking lots
- If you must leave property in your unattended vehicle, be sure to secure it in the trunk or try to hide it.
- Never hide a key on or in your vehicle; most experienced thieves are privy to this trick
In addition, we have included the steps for reporting a claim if your items are stolen:
- Notify the police immediately and keep the police report number.
- Contact your insurer right away to report your loss
Keeping any records of the items in your car will always help in the event of a claim, remember to always try and lock your doors and to be sure items of value are hidden out of plain site, especially if your car is unattended.