Article on Theft Insurance

by Guest » Wed Aug 02, 2006 09:06 am
Guest

Policies Might Protect Your Home Too !

- By Burkley Bros.

Your sweet little home is subject to burglary at any time during the summer ! That is the reason you need to be careful of their intensions at times. It is not always that they are after your family assets, but they are also after your identity at times. Hence it has become very important for you to take precautions before you go out on a vacation. Burglaries generally occur at a particular time of the year between July and August and it takes its toll worth $4 billion on an average every year. According to the Better Business Bureau, Identity theft is one of the most prominent white collar crimes resulting in losses worth over $6000 and affecting around 8.9 million people.

There are policies on offer to reimburse the identity theft victims, towards the reinstating their identity and improving their credit reports. These policies are offered by some insurers along with their Homeowners Insurance policy. This policy may also come to you in the form of an endorsement to your Renters Insurance policy or just as a standalone policy. By paying a cost between $25 and $50 you could avail coverage worth $15,000 to $25,000. Such a policy might cover for your specific expenses like the phone bills, lost wages, notary as also your mailing costs, attorney fees etc. The revival services offered by such insurers would also help you towards reviving your identity.

Therefore we suggest some vital precautionary measures to be recalled by you before you go out on a long leave :

  • The lights at your place should be adjusted properly so as to keep the external lights out of the reach of burglars and place the internal lights on a timer.
  • Make sure it becomes difficult to break into your place from outside.
  • The entrance should be protected with well built doors.
  • See that you have a burglar alarm in place.
  • Make sure that your personal documents saved with your computer can not be accessed while you are on a vacation.
  • Ensure that all your valuables are properly hidden or entrusted with someone reliable while you are away.


From all these precautions, you should always remember that it proves more beneficial to avoid burglary rather than relying on any form of Theft Insurance coverage. With a little bit of caution from your part, you could turn your life into a safer haven and set example for others.

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