Your insurance can help you recoup the value of the stolen items and help pay for any repairs or replacements that are needed. While your first instinct may be to start a claim through your car insurance, you might be surprised to know that your home insurance is usually the policy that'll cover items stolen from your vehicle.
Here’s how home insurance protects you in the event of car theft, and what to do if someone breaks into your vehicle.
What to do if your car has been broken into
- Check your surroundings: Since a crime did take place, your safety should be your highest priority. Assess your surroundings and if you don’t feel safe, leave and find a safe place where you can call for help.
- Document the scene: If it’s safe to do so, document the scene with a few photos of your car. If there’s damage to your vehicle, take a few close-up photos for your insurance claim and your police report.
- Assess your losses: Check your vehicle and make a list of any belongings that were stolen.
- File a police report: The incident needs to be on record with the police before you can file an insurance claim. To speed things up, have your driver’s licence , vehicle registration, auto insurance slip, photos of the scene, and the list of stolen items ready before making the call.
- Protect yourself from identity theft: If your debit or credit cards were stolen during the break-in, you should contact your bank(s) and immediately cancel your cards. You could also call one of Canada’s main credit reporting agencies — Equifax, Experian and Transunion — and place a fraud alert, which makes it harder for identity thieves to open new bank accounts in your name. Onlia’s home insurance policies include Identity Theft coverage, which can provide support to help you through the recovery process if your identity were to be stolen.
Once you’ve gone through these steps, it’s time to contact your home insurance provider.
How home insurance may protect you
Personal Property coverage is the part of your insurance that’ll kick in to cover this type of loss. Things like your laptop, gym bag, cell phone, or even sporting equipment like hockey or skiing gear — anything that’s not physically attached to the car is typically covered by your personal property coverage.
What if I don’t have home insurance?
If you don’t have home insurance at the time of the theft, you won’t be able to file a claim for the goods stolen from your car. That’s why it’s important to have home insurance, even if it isn’t technically mandatory in Ontario.
What is Personal Property coverage?
Personal property insurance, also known as content insurance, is coverage that’s included in Onlia’s homeowner, tenant, or condo insurance policies. It covers your belongings (furniture, appliances, clothes, laptop) that are stored at home — or anywhere else in the world — against covered losses, including theft.
When it comes to home insurance, Onlia’s personal property coverage is based on the estimated total value of your home. The percentage you select (25%, 50%, or 75%) reflects the amount of coverage you have relative to your home’s estimated value. So, if your home is valued at $500,000, and you choose 50% coverage, then you would have a maximum of $250,000 in personal property coverage for your belongings if they’re damaged or stolen. Coverages and limits can vary depending on the type of home insurance you have (i.e., condo or tenant), so it’s best to check your policy documents to be sure of your coverage.
Onlia's standard home insurance policies come with protection for your personal property while it’s temporarily away from your home, anywhere in the world. Anything that’s stored at another location that you own, rent, or occupy is covered up to a limit of $5,000.