Broad Form Personal Theft Insurance
Categories: Insurance
An insurance policy that covers theft, or loss of personal belongings, beyond what is provided by existing coverage.
Kanye’s homeowners’ insurance provides coverage against loss or theft of jewelry, electronics, and furniture in his house. But Ye also wants to guard against the possibility of thieves taking his wife’s home movie collection, so he takes out a broad form personal theft insurance policy to extend his coverage to this treasure trove of amateur filmmaking.
