Are You Covered if Personal Items Are Stolen From Your Vehicle?
June 19, 2023
A vehicle break-in can happen when you least expect it, even in your own neighbourhood. Approaching your car and seeing shattered glass from a broken window is unsettling and scary. You’re left dealing with vehicle damage and the emotional toll of having your personal belongings rifled through and stolen.
Regardless of the type of vehicle you drive or where you park, there’s always the chance of a break-in.
‘Smash and grab’ incidents are usually reported in sprees, within the same area and time frame. By smashing a window, the thieves can steal valuable possessions, even if the glass is tinted and the doors are locked. A smash-and-grab can take just a few seconds from start to finish.
You may be surprised to learn items stolen out of your vehicle, like laptops, phones, wallets and sports equipment, are not covered under your auto insurance.
If someone breaks into your car, your auto insurance will cover damage to your vehicle. However, it won’t cover stolen items unless they are an integral part of the vehicle, such as a built-in stereo system).
Aftermarket parts and accessories
Aftermarket parts, such as rims or a stereo system installed after purchase, need to be covered under a custom parts and equipment (CPE) endorsement to your auto policy.
CPE coverage is available through most auto insurers for an added cost. It covers custom paint jobs and grilles, navigation systems, car stereo upgrades and anything else the original manufacturer did not install.
Homeowners, condo or renters coverage for personal property
While basic auto insurance doesn’t cover stolen items, you may still be covered if you have homeowners, condo or renters insurance. Under these policies, everything you own is usually covered no matter where the items are at the time of the loss. This means whether your laptop is in your car, on an airplane, at a coffee shop or in your living room, damages and theft will be handled by your home insurance company.
Note that you may receive less coverage for stolen items if the theft happens while the vehicle is parked somewhere other than your own property. Talk to your insurance broker about the terms of your specific policy.
How to deter car-break-ins
It’s impossible to protect your car completely, but there are many things you can do to lower your risk. Here are a few safety tips to deter thieves:
- Don’t keep valuables in your car.
- Don’t leave objects in your car overnight. If you must, conceal them.
- Park in well-lit areas whenever possible.
- Keep your car locked with the windows rolled up.
- Never leave your car unattended if it’s running.
- Cover or detach your GPS or upgraded stereo system, if you have one.
- Install a car alarm on your vehicle.
- Park your car in a garage rather than in a driveway or on the street.
When your vehicle is broken into, it can rattle you emotionally. Plus, you have the financial costs of repairing your vehicle and replacing your stolen valuables. Don’t risk making a bad situation worse by not having the appropriate coverage. Contact us insurance broker to make sure you are properly protected.
Protect Your Car Now!