broken glass window
Does Home Insurance Cover Burglary?

Burglary happens when someone forcibly breaks into your home and steals some of your property. There must be some visible sign of a break in: a broken window, clipped lock, or splintered door. Most homeowners policies do provide coverage for burglary, but not all:

Home Type Policy Type Burglary Included
Owner Occupied HO3, HO5 Yes
Townhome/Rowhome HO3 Yes
Condo HO6 Yes
Renters HO4 Yes
Older/Seasoned Home HO8 No
Landlord/Rental Home DP3 No
Vacant Home DP1 No

Should I File a Burglary Claim?

Just because your policy covers burglary or theft, doesn't mean you should file a claim. The tricky part about this claim type is it looks really bad on your claims record. Carriers score a theft or burglary claim as partially the fault of the homeowner even if it was completely out of your control. This is because many theft/burglary claims do happen because of not having a secure home or being away for long periods of time

For this reason, it is not a good idea to file a theft claim unless it is more than 3x your deductible. So if you have a $1,000 deductible and $2,000 worth of electronics get stolen, it is probably not in your best interest to file a claim because:

  1. You are only going to get $1,000 from the insurance company (you pay the deductible)
  2. You will have a theft claim on your record for the next 3-5 years. Carriers charge more for  customers with theft claims and/or you may get dropped/rejected from future carriers altogether, especially if you have other claims on your record. 

Experiencing a break-in is scary and makes you feel very vulnerable. Still, it's worth it to play smart with your insurance company so as not to create more costs down the road.

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Stay strong - you'll get through this one too!

At your service,
Young Alfred