Does Renter’s Insurance Cover Theft When You Are on Holiday?
Nothing quite beats the excitement of moving into a new rental property. You can unpack your belongings, make yourself at home and enjoy your new area. However, renting also comes with a lot of responsibility – including taking care of bills and insurance.
There were around 2.07 million theft offences recorded in just 2019 to 2020 alone. In 2020, there was a 17% fall in crimes of “other theft of personal property” and a 12% fall in theft cases overall. While theft offences are falling each year, there are still many theft offences in the UK. Theft should be taken seriously by both homeowners and renters.
Tenants’ insurance can protect your belongings in the case of a theft offence. It will also protect your possessions when you are travelling or on holiday. Landlord property insurance covered any losses to the building itself – but not your personal belongings. Unfortunately, only 41% of renters have renter’s insurance – compared to a whopping 95% of homeowners with homeowner’s insurance.
Between deposits and letting agent fees, you may be hesitant to spend more money on yet another expense. However, renter’s insurance is usually quite affordable and can cost less than £250 per year. It will protect you from any losses to your personal property and any damage caused by vehicles, riots, fire or lightning, weather conditions and much more. You never know what’s around the corner – and it’s always better to be prepared when it comes to your possessions. So, save yourself a lot of time and money in the long run by taking out a renter’s insurance policy now.
Here are a few more ways you can protect your house from theft.
Keep doors and windows locked
Most burglars are just looking for an easy target. A typical burglary can be completed in under 10 minutes during daylight hours, and a whopping 34% of them enter through the front door. So, make sure your front door and all windows are locked before you leave the house – especially any downstairs windows.
Reinforce your doors, windows, and locks
If your front door is flimsy or broken, you need to replace it as soon as possible. In addition, consider reinforcing it with a security bar and door barricade for extra security. Your door hardware should also be maintained, and the strike plate should be installed properly with screws at least ¾ inches long.)
Your sliding doors need to have an auxiliary foot lock or a dowel in the track to stop the door from being forced open. Make sure all entry points are fitted correctly and in optimal condition.
Use motion-sensing lights
Motion sensing lights will put a spotlight on anyone coming near your home at night. A spotlight might be enough to warn intruders away or make it easier for you to spot them.
Hide a key
Do not hide your spare key in a specific location, like under a plant pot or outdoor rug. Instead, give your spare key to a neighbour or install a lockbox in a concealed location.
You need to protect your home and belongings from burglars with ample safety precautions.