Many Shoppers Unaware That Their Auto Policy Does Not Cover Items Stolen From Their Vehicle

As millions of holiday shoppers flock to local shopping malls to purchase presents for their family and friends, unfortunately, some of the gifts will disappear before making it under the tree.  That's because of a growing trend where thieves snatch gifts from unsuspecting shoppers straight from the trunk of their car.  To add insult to injury, burglary victims are surprised to learn that their auto insurance policy does not cover that kind of theft. 

While car theft is covered under most auto policies, any items stolen from your car are actually covered under your homeowner's insurance or renter's insurance policy.  While most homeowners carry homeowner's insurance, primarily because lenders require them, more than two-thirds of renters do not have insurance to cover the loss of their personal property.  This is unfortunate as renter's insurance is one of the most affordable insurance policies available. 

Here are a few things you can do to make sure your holiday gifts make it home:

1. When you place your purchases in your trunk, don't go back to the store for more.  Take them home.
2. Don't walk to your vehicle alone, especially at night.  Ask security or a store employee to escort you to your car.
3. Do not leave keys, wallets, cell phones and other valuables in your car.
4. Report any suspicious activity to law enforcement immediately.