Safe Burglary Insurance

Published: | Updated: March 4, 2018

Definition - What does Safe Burglary Insurance mean?

Safe burglary insurance is insurance coverage for property that is kept in a safe. Many people keep jewels, cash, and other assets in safes. While safes are generally hard to break into and access, they still can be. Safe burglary insurance protects policyholders financially in the event that their safe is broken into, and they lose assets because of this.

Insuranceopedia explains Safe Burglary Insurance

Safe burglary insurance specifically protects items that are kept in a safe. This can include coverage for the items if the sad his broken into, or if the entire safe is stolen. The exact coverage varies from policy to policy. In general, the more coverage you would like to receive, the higher the premium you will have to pay. Safe burglary insurance is a type of property insurance that is similar to many other types of property insurance.

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