Burglary Insurance for your Property
What is Burglary Insurance?
Burglary insurance is one of the more important coverages included in a Property Insurance, that helps protect your home or business property from losses and damages that can be caused due to a potential burglary.
Whether you have an independent house, live in a gated community apartment or own an independent shop or office space; a burglary insurance is extremely vital in protecting, and covering your property from losses that an unforeseen burglary can bring.
What’s great about a Burglary Insurance?
- Value for Money: Protecting your property from losses is a big deal. After all, there’s just so much at stake! Therefore, you’ll see that premiums for burglary insurance are usually high. However, we try our best to give you the best possible and most affordable premium to insure your property from unforeseen circumstances such as a burglary, and other potential damages.
- Covers All Business Categories: Whether you want to protect your family business, office space, retail store or a chain of stores, Wereck Insurance Brokers will arrange Burglary Insurance suitable for all kinds of businesses, no matter how big or small they are.
- Renting or Tenanted Properties: We understand that millennials today are increasingly choosing to rent and not necessarily own. That’s why, we also can arrange burglary insurance for renters that only cover for the things that YOU own. So, even you want to cover your rental apartment from burglaries, you can do so, specifically for the things you own!
What’s covered in Burglary Insurance?
A Burglary insurance policy offers the following coverages –
- Loss/damage to property Any loss or damage to property because of burglary, housebreaking, robbery or hold-up during the policy period is covered as per the policy.
- Damage to premises Damage caused to the premises when an attempt for burglary, or robbery or housebreaking or thereat by the person or attempting or committing such theft has been made during the policy period is covered.
- Cost incurred for damaged locks The insurer will reimburse the incurred cost for repairing or replacing damaged locks within the insured premise
- Damage to safe/strong room The policy will cover any damage caused to the safe/strong room within the insured premises.
Disclaimer – The maximum amount of coverage which the policyholder is entitled to within the policy period is limited to the sum insured by the policyholder.
Types of Burglary Insurance
- Burglary Insurance for your Home – Residential buildings and rented houses/homes are very prone to burglaries.
- Burglary Insurance for your Business & Shop – Once the working hours have passed by, everyone has to leave behind their offices or shops behind locked doors and shutters. Depending on where your shop is located and the nature of the same, many businesses are prone to the risk of a burglary. Therefore, a customized burglary insurance for your business property will help cover for the same.
Who needs a Burglary Insurance?
Burglaries are unpredictable and most times, it leads to damages and losses beyond just stolen goods. Therefore, everyone from shop owners to homeowners or industrial units, manufacturing units etc. should have a burglary insurance to protect their properties and their contents from unforeseen losses.
Home Owners
Whether it’s been your home for years, or is your newfound dream home, a house is anyone’s most precious possession and thus protecting it from any unforeseen losses and damages should be your utmost priority.
Renters
People generally assume that a burglary insurance is only for people who own properties. However, at Wereck Insurance Brokers we provide a burglary for rental properties too. Therefore, even if you live in a rented apartment, you can protect the things you own with a burglary insurance.
Small Business Owners
Whether you run a small general store or a small boutique with customized fashion and handicrafts, a burglary insurance coverage is suitable for all types of businesses. If you’re someone running an independent, small business, it is necessary that you protect your business from any potential losses and risks that could arise out of burglaries.
Medium Business Owners
If you run a chain of general stores, restaurants or a medium sized enterprise; a burglary insurance coverage is also suited for medium sized business owners to cover for any damages and losses that could be caused due to any burglary; no matter how small or big it is.
Large Enterprises
If you’re someone who owns multiple properties owing to the large operations of your business, a burglary insurance is vital in protecting not one but all your properties that will not only help reduce business risk, but also improve goodwill for being a responsible business enterprise.
Types of Personal Properties Covered in Burglary Insurance
Individual Apartment
This is for those who live in independent flats that are either part of housing societies or standalone buildings. The same could be either a flat owned by you or rented by you. A burglary insurance is suitable for both!
Independent Building
Perhaps you and your extended family live in a standalone building, owning or renting flats in the entire building. In this case, you can choose to cover for them all with a burglary insurance.
Independent Villa
If you own or have rented an independent villa or house, a burglary insurance coverage is vital to protect your villa and its contents from the potential risk of a burglary.
Types of Business Properties Covered in Burglary Insurance
Mobile Automobiles and Other Electronics
Businesses that primarily sell automobiles, mobile phones and their mobile phones, mobile accessories, and or other electronics. In such a case, a burglary insurance would help protect the store and its primary contents from any potential losses and damages caused by a burglary.
Grocery, and General and Stationary Stores
From neighborhood general shops to your budget friendly supermarkets and general stores; all grocery stores and general stores too are covered for in a burglary insurance.
Offices and Educational Spaces
This category as part of the Property Insurance Policy is designed to suit office premises and educational institutions such as colleges, schools, and coaching classes. Insuring such a property from burglary isn’t only vital to protect losses but, also give your employees or students more confidence towards your respective institution.
Repair Services
This category of businesses includes everything from carpentry and plumbing repairs to motor garages and engineering workshops; you can cover them all from the risks of a burglary.
Personal Home, Lifestyle and Fitness
From your favorite malls and clothing stores to spas, gyms and other stores; a burglary insurance arranged by Wereck Insurance Brokers’ also covers for all businesses in the personal lifestyle and fitness sector..
Food and Eatables
The one place everyone devours! From cafes and food trucks to restaurant chains and bakeries; a burglary insurance coverage is well-suited for all kinds of eatery joints as well. Some examples of such properties include restaurants at food courts, coffee shops as well.
Service & Others
Apart from the categories mentioned above, a burglary insurance coverage as part of by Wereck Insurance Brokers can arrange Property Insurance Policy that is suitable for all sizes and nature of businesses. If you can’t find your category in the list, feel free to get in touch with us and we’ll help you out in selecting the best suited property insurance for your home or business.
As Insurance is a complex subject, please talk to us now for professional advice and to make sure your level of coverage is appropriate, adequate, and sufficient to your requirements.
The List of Risks or the range of insurances available is not exhaustive, if there are any particular risks that are possibly unique to your type of business and/or for any specific or special requirements, please seek our assistance and guidance.