Yes. Theft of your belongings is a covered peril under most homeowners policies, up to your personal property limit and subject to sublimits for valuables.
The Short Answer
Yes. Theft of your personal property is a covered peril under most homeowners policies, up to your personal property limit. High-value items like jewelry are subject to lower sublimits unless you schedule them.
What Theft Coverage Pays
If your belongings are stolen, your personal property coverage pays to replace them, up to your policy limit and subject to your deductible. That covers items stolen from your home, and in many cases items stolen from your car or while you travel.
To make a theft claim, you will need to document what was taken. A home inventory with photos and receipts is invaluable here, because it proves what you owned and its value.
Watch the Sublimits
Valuable items like jewelry, watches, and furs are often capped at low sublimits even when your overall personal property limit is high. A standard policy might pay only a few thousand dollars for jewelry, no matter how much the piece is worth.
If you own valuables, add a scheduled personal property endorsement to cover them at their appraised value. And file a police report for any theft, because your insurer will require it to process the claim.
Smarty's Advice Expert Insight
John Smart (Smarty) · Smarty Home Solutions / eXp Realty Agent, AI Certified Agent
Document Your Belongings and Schedule Valuables
Theft is covered, but only up to your limits. Keep a home inventory, schedule high-value items, and file a police report for any theft.
John Smart, AI-Certified Agent with eXp Realty helps homeowners across Greater Philadelphia protect their belongings. Call 215-598-6848 or schedule a free consultation.