If your home is a victim of burglary and damaged in the process, you probably know that your contents are most likely covered in some part of your insurance policy. What you may not realize is that if your home is damaged during a burglary, this damage is also probably covered with your homeowners insurance. You will probably first have to pay your deductible, so for example, on a $4,500 claim, you would pay $500 of that to meet your deductible.

Typically, insurance would cover the loss of the contents up to your limit as well as damage to the house that occurred during a burglary. Damage could include a broken-in door, damage to locks, a broken window, etc. In some instances, burglars have vandalized as well as burgled, that too, is sometimes covered, depending on the policy purchased. For specific dollar amounts, you should check your policy coverage for the amounts covered and required deductibles. There are some items typically not covered, such as documents and currency for example.

Also, keep in mind that most insurance policies will cover the market value of the item at the time of the loss. This does not mean the market value at the time you purchased an item. In some instances, you can request and pay for insurance to cover the replacement value of an item as opposed to the current market value. It all depends on the type of insurance policy you want to purchase.

The key is that if your home is damaged during a burglary, you can have peace of mind over what is covered and what is not. When buying your policy, think over how much deductible you can afford, then make sure and make a list of valuable property. Keep receipts so you can show how much you paid for an item and when. All of this record-keeping makes it much easier when filing a claim in case you do have damage to your home because of a burglary. Above all, if you have questions about your specific policy, take the time to read it over and then call or email your insurance representative.