Burglary
What Does Burglary Mean?
Burglary refers to the illegal entry into another person’s property with the intent to commit theft or another crime. In the context of insurance, burglary insurance is designed to cover losses resulting from burglary. It is often offered as part of travel, homeowner’s, or personal property insurance policies.
Insuranceopedia Explains Burglary
While burglary often occurs in private homes, it can also happen on business properties. For this reason, burglary insurance is frequently included in commercial property policies. Additionally, a commercial property policy can be part of a comprehensive commercial package policy, which provides various types of essential insurance coverage for businesses. Essentially, burglary is considered one of many risks that a homeowner or business owner might encounter, which is why it is commonly included in broader insurance policies.