Norwest NSW
Theft Insurance
Break-ins don't just cost you what's taken. There's the damaged door, the days lost, the stress and the paperwork.
Theft insurance covers stock, equipment and money that's stolen, as well as the damage caused by the thieves getting in.
What it can cover
- Theft following forced entry
- Damage to doors, locks and windows from a break-in
- Stolen stock, equipment and tools
- Money, in some policies, with limits
- Theft by attempted break-in
What to check
- Security conditions. Locks, alarms or monitoring may be required.
- Forced entry. Some policies only respond if there's evidence of forced entry.
- Employee theft. Usually separate from standard theft.
- Money limits. Cash is often capped or covered only in a safe.
Case study
An example
Thieves cut through a roller door at a trade supply shop and take tools and stock worth $18,000. The door is wrecked. The policy responds to the stolen items and the door repair, provided the shop met its alarm and locking conditions.
Illustrative example only. Cover depends on your policy wording.
Contact us
To quote, tell us:
We're based at Suite 2.02, 2-8 Brookhollow Ave, Norwest NSW. Call 02 8660 2305 or email admin@idealbrokers.com.au.
Ideal Insurance Brokers, Norwest NSW 2153. Ideal Brokers Pty Ltd (CAR No. 001262504 | ABN 65 623 205 952) is a Corporate Authorised Representative of Metrix Connect Pty Ltd ACN 635 286 136 as the trustee for the Metrix Connect Hybrid Trust ABN 55 742 327 931 | AFSL No. 525491. This page contains general information only and does not take into account your objectives, financial situation or needs. Read the Product Disclosure Statement before buying.
Theft insurance FAQs
Generally not under standard theft. Look at crime or fidelity cover.
It could affect your claim if the policy requires it.
Only with the right extension. See Goods in Transit.