What Does Burglary Insurance Mean?
This insurance policy provides cover against loss or damage by burglary or house breaking
(ie theft following an actual forcible and violent entry of and/or exit from the premises) in
respect of contents of offices, warehouses, shops etc and cash in safe or strong room and
also damage caused to the premises.
Burglary means when someone forcefully or unlawfully enters someone else’s property – even if they did not steal anything.
Important to know: The terms “burglary” , “theft” and ”robbery” are often used interchangeably but they are actually very different things when it comes to insurance policy. Even though they involve some sort of illegal entry, and the force usage, the actual differentiator is who or what that force is used on.
Robbery is defined as, the threat of force or intimidation to steal from some, simply there was a victim involved for the act. Robbery is an unlawful and forceful entry into your premises when you are present on the premises. Your presence is important for the act to be considered a robbery in the eyes of the law An easy example of this is with jewelry shop robberies where the tellers and customers are held up.
Theft involves non-violent and forceful entry into the premises. This could mean someone stealing from a shop, stealing a bicycle or car, an employee stealing from their workplace or a visitor stealing something from a premises.
Burglary involves illicit or forceful entry but no force was used on a person. Burglary is when there is an unlawful and forceful entry into your premises. You might or might not be present on the premises when the burglary occurs. One example is a rat burglar sneaking in and out without anyone noticing or getting involved.
To substantiate burglary claims, be ready with the proof of ownership of the stolen item(s), a police report and that force was used to enter the premises. Like including broken windows, scratch marks on the walls, doors, etc. If by any means there were no signs of forced entry found, then you would not be covered under burglary. It would fall under coverage such as theft or robbery.