I'm going to tell you a story about theft and home insurance so you understand how it works.
Souad lived alone and got home insurance because she was afraid of being robbed.
One day…
She went out to work, and when she came back at night, she found the door open and the house ransacked!
Her:
TV 📺
Computer 💻
Jewelry (gold) 💍
What did Souad do?
First thing:
She called the police
She filed a police report
She got a copy of the report
What happened next?
She contacted her insurance company and gave them:
The police report
A list of the stolen items
Receipts (if she had any)
Investigation
Insurance company:
Confirmed the theft was real
Checked if the door was broken (evidence of forced entry)
Some insurances require proof of forced entry
Result
Souad received compensation 💸:
Partial cost of the TV
Compensation for the computer
Amount for the jewelry (up to the maximum limit)
However, she didn't receive the full value of everything because:
There's a compensation cap
There's a deductible (a small amount she pays)
Lesson from the story
Home insurance is very helpful in case of theft
Requirements:
There must be forced entry
A police report is essential
Compensation is not provided:
If the theft was without forced entry (e.g., you forgot the door was open)
If you didn't report the incident
Important tips:
Install strong locks
Keep valuables safe Keep the receipts for the devices.