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Burglary Insurance

Burglary insurance policies are designed to offer an extra layer of security to your property such as your house, office, factory, and godown  against burglary and housebreaking.However, it will not cover any such incident resulting due to riots, shoplifting, and war conditions. It usually doesn’t cover items that are stolen from a safe using a duplicate key unless there is involvement of violence or threat.

Burglary insurance is often confused with theft insurance. But they are two separate insurance policies. Unlike, theft insurance, burglary insurance involves theft conducted with violence and an even armed robbery. It provides coverage for damage(s) or loss (es) caused to your property and its contents, under the following situations:

  • Theft by forcible/ violent entry
  • Attempted theft or theft by a criminal on the said premises
  • Armed robbery or Hold-up.

iconTypes of Burglary Insurance Plans

There are three types of plans available:

  • Full Value Insurance -The plan offers full value of the insured property.
  • First Loss Insurance -In case of an improbability of total loss, it provides a policyholder to select a percentage of the stocks to be insured.
  • Stock Declaration Insurance -This plan is ideal when a large number of stocks fluctuate frequently during a financial year. The sum assured is locked at the highest stock value that is anticipated by the policyholder.

Features of Burglary Insurance

The features may vary from one insurer to another. However, some of the key features of home burglary/burglary insurance plans are listed below:

  • They are designed to offer protection to business premises against forceful housebreaking and burglary
  • Availability of add-on benefits such as cash cover, other risks arising due to strikes, riots, theft, and malicious damage
  • Availability of coverage on first-loss basis
  • Coverage for death, disabilities ( permanent/partial), and temporary disability

iconKey Benefits of Burglary Insurance

Burglary policy provides financial support in case there is any loss/damage caused to your insured property. Here are the key benefits offered by a burglary insurance plan:

  • It offers protection against any damage(s) caused to your property because of attempted or actual burglary or housebreaking.
  • If you buy burglary insurance for your business premises, it covers the damage(s) caused to goods, furniture, and property within your business premises
  • Even if the sum assured is inadequate, the plan will still pay for the proportionate damage(s) or loss.
  • Some insurance providers give you an option of extending your insurance plan to cover strikes, cash, jewelry, riots, malicious damages, theft etc. You can enhance your insurance coverage after paying an extra-insurance premium. 

iconImportance of Burglary Insurance

A theft at office, shop or home can cause huge financial losses. However, a home burglary insurance policy would offer the desired compensation under such situations. In India, the incidences of burglaries are quite common. And to recover from such huge losses, a burglary insurance policy is required.

It is an easy, convenient and hassle-free way to safeguard yourself and your property from such risks.

icon Why do you need Burglary Insurance?

If somebody breaks into your house and steals the belongings in your house then it will be both emotionally and financially devastating. You can also get add-on coverage for your expensive jewelry, gems or stones, under Home Burglary Insurance policy. If some outsider breaks into your office premises and manages to steal the goods in trust, fittings, stock-in-trade, tools of the trade such as typewriters, calculators, typewriters etc. then also theft insurance or burglary insurance would come to your rescue. It offers the desired financial support to help you cope up with such incidents.

The main purpose that burglary insurance policies solve is that they risk-proof the insured premises from a violent or forceful attempt to theft. If burglaries and house-breaking incidents are common in your area then you should get theft or burglary insurance cover to ensure the safety and security of your house/office /go down.

icon The Inclusions of Burglary Insurance

Mention below is the overview of coverage offered in a burglary insurance plan.

It provides coverage for loss/ damage caused to the insured assets within the insured premise, due to any of the following reasons:


Forceful and violent entry

Any theft attempt or theft by a person who’s hiding in the insured premises

Armed robbery or hold-up

The plan provides coverage for the damages incurred to the insured premises due to theft or housebreaking

There’s a provision to cover bulk items on ‘first loss’ basis. It offers a percentage of total stored stock which is exposed to the housebreaking and burglary and risk. For that, the premium is charged on the basis of selected percentage only


You can buy additional covers to further enhance the coverage.

icon The Exclusions of Burglary Insurance

Here is a list of some of the common limitations in a burglary insurance policy:


Coverage for jewelry, precious gems, and stones, designs, plans, business books cash etc. unless it is specifically covered.

Damage(s) or loss where an insured or his family member or staff was involved in the actual theft or caused any damage(s).

When the insured’s property is left uninhabited for seven or more days and nights in a row.

If material alterations to the insured premise are done that increases the risk.

If the rights of the assets have been transferred to another individual(s) from the insured by either will or operation of law.

Any damage(s) caused by a nuclear bomb, weapons, etc.

Any damage(s) resulting from war, the act of foreign enemy, invasion, etc.

Any damage(s) due to nationalization, confiscation etc. by government authorities.

Any damage(s) due to any type of consequential loss.

Any damage(s) caused by strikes, civil, commotion, riots etc.

icon How to file a Burglary Insurance claim?

In case you have to file a claim, you have to follow the procedure mentioned below. 

  • The policyholder must intimate the nearest police station as well as the insurance provider. Within 14 days, he/she must register his claim regarding sustained losses or damages to the insurance provider.
  • The policyholder should provide all the reasonable information, proofs and assistance regarding the claim process to the insurance provider.

icon Who needs to buy Burglary Insurance Cover?

The main purpose of buying burglary plans is to risk-proof your premises against a burglary/burglary attempt. The incidents of house-breaking, theft etc. are spotted in the newspaper on a daily basis. It imposes a threat to the safety and security of your house/office/godown.

We live in such times where we can’t leave our house unattended for a long period of time. When we do so, we are tensed about the security of our house. That’s why burglary insurance plans are very helpful. 

These plans are beneficial for the following people:

  • People who have to leave their premises unattended for a longer period of time.
  • Owners of a business corporation, with many people entering their business premises on a daily basis
  • Anybody who owns a godown where goods are stored

A burglary insurance plan will help you enjoy your peace of mind while you are away from your home or office.

icon These plans cater to the following people.

  • Anybody who goes to his/her job, with nobody to take care of his/her house which leaves the house in an unattended state.
  • Anybody who is an owner of a business corporation, with many people entering his/her business premise on a daily basis
  • Anybody who owns a godown for the storage of the goods.

Having a burglary insurance plan helps you to stand on your feet and face the consequences with dignity.

iconCompare and Find the Best Insurance Cover at PolicyBazaar

Incidences like burglary hinder the growth of a business by putting a financial burden. PolicyBazaar can help you in comparing and choosing the best burglary insurance to safeguard assets you value the most. Now you can enroll anytime, anywhere and get a customized plan as per your requirements.

We strongly recommend you to compare insurance plans from different insurance companies. You can visit our website to get free quotations from top insurers and make easy only comparison and then choose the best plan.

Written By: PolicyBazaar - Updated: 10 April 2019

How is it different from theft insurance?


The major difference lies in the conduct of burglary. Theft insurance claims require proof of unforceful and non-violent entry into the premises. And, a burglary means violent and forceful entry into the insured premises carry out the loot.


What is not covered under home burglary insurance policy?


There are certain exclusions under a home burglary insurance policy. And any claim arising due to the below-mentioned reasons will not be accepted:

  1. Cash
  2. Theft of precious metals like gold, silver
  3. Stealing of documents and share certificates
  4. Involvement of housemaids, employees and relatives
  5. Theft during war, riots,natural calamities, strikes and terrorist activities

How can I reduce the home burglary insurance premium?


Burglary insurance premium is derived on the basis of the risks involved and also the precautionary measures taken by you. You can get discount if you Install safety devices like a theft alarm, CCTV cameras, and fences in your premises.


What Kind of home burglary insurance policy should I buy?


You can buy a burglary insurance policy to get reimbursement for stocks at market price and valuable items. You can opt for higher deductibles to get discount on the insurance premium. But this would mean a lesser payment at the time of claim.

It is suggested that you buy a comprehensive policy to get coverage for all the items in your premises. You can also opt for add-on covers by paying an additional amount of premium. You can get restoration benefit for the stolen items and damage caused to the insured property (in its original state).


Which one is better- online 3rd party bike insurance or offline insurance?


If we consider the benefits and convenience, buying two wheeler insurance 3rd party online is the most convenient way of buying insurance. Here you buy the policy after comparing various plans and choose the best one. Moreover, when you compare the plans on the basis of premium or offerings you save a noticeable amount. The reason is in case of online insurance the insurance company also saves a considerable amount for not paying the commission to the brokers. Which is in return is offered to the insured as a discount on premiums or as some the perks a the time of renewal. This way, online 3rd party bike insurance comes with many benefits.

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