Home insurance provides essential protection for your property when you need it most. In many cases, home insurance covers theft of items on the property, including lawn furniture or valuable belongings inside the home. However, there are specific considerations when it comes to vehicle theft.
What Is Personal Property Coverage?
Many home insurance policies include coverage for personal property, which extends to items that are stolen or damaged. While this coverage is primarily intended for belongings inside the house, it may also apply to certain items outside, such as property stored in your car or items in the yard.
Does Auto Insurance Cover Vehicle Theft?
Homeowners’ insurance in Cypress, TX, may cover personal property inside a vehicle, but it typically does not include coverage for the vehicle itself. Auto insurance companies often offer comprehensive coverage, which can protect against vehicle theft. This is why homeowners’ insurance generally excludes coverage for the vehicle itself.
Coverage Can Vary By Company
Although many insurance companies exclude vehicle theft from their policies, some may allow homeowners to file a claim if the cost of the vehicle does not exceed policy limits. This often depends on the specific insurance provider.
It’s crucial to consult with a professional company like InsureUS to understand what your policy covers. Reviewing the fine print ensures that all your assets are protected and that you avoid paying for overlapping coverage. For instance, if your auto insurance already covers theft, you don’t need a homeowners insurance policy that duplicates this coverage.
At InsureUS, we understand the importance of being prepared before theft occurs. Our knowledgeable customer service representatives can help you secure the coverage you need. Contact InsureUS today to explore your options. We proudly serve the Cypress, TX, area.
