AAA recommends consumers speak with their insurance agent to determine if the item needs to be scheduled on their home, condo or renters policy. According to a recent AAA Consumer Pulse survey, less than one-third of Tennessee home insurance policyholders have scheduled personal property coverage.
“With the holiday season in full swing, making sure they have selected the proper insurance coverage is probably the last thing on the minds of many consumers,” said Kevin Murphy, Tennessee field vice president for AAA, in a press release. “Around this time of year, theft can come in many forms, including home and vehicle break-ins and packages stolen from porches.”
With more and more consumers shopping online, AAA emphasizes that it’s important to take additional precautions to protect items that will be shipped to your home. A few things that may help prevent home package theft include using a lockbox service, requiring a signature for delivery or even installing a security camera on your porch.
Installing a security camera may qualify you for additional discounts on your homeowner’s insurance. AAA encourages consumers to contact their agent to go over potential discounts, discuss deductibles and see if additional coverage may be needed for big-ticket purchases or unique gift items.
Thefts from homes and vehicles
If valuables, such as shopping bags and gifts, are left in plain sight, they can be attractive to smash-and-grab burglars. A vehicle break-in — a vehicle is an easier target than a home — is typically covered under the comprehensive portion of an auto policy, but it does not cover any personal items that might have been stolen from the vehicle.
A claim for those items can be filed on a home, renters or condo policy. Coverage is subject to all policy terms, conditions, exclusions and limitations.
“When leaving your vehicle in a parking lot, make sure shopping bags and gifts are not visible through the car window,” said Stephanie Milani, Tennessee public affairs director for AAA, in a press release. “Putting your bags in the trunk or another place where they are not visible can help prevent vehicle break-ins.”