You can view your home as your haven, a place where you can be free and sheltered from the outside world. Nonetheless, this feeling should not make you have too much confidence and take the security of your home for granted.
It is a common occurrence in Australia to have break-ins or robbery as it is in other countries. The confidence that you have in your home can be easily broken when your privacy is invaded by outsiders who strip you off your possessions.
In a robbery or burglary, there is a likelihood of expensive damage like broken windows and broken doors. Also, collateral damage is inevitable as the thieves can destroy items like furniture while looking for valuables such as jewelry, laptops, and purses. Some of these items, e.g., jewelry and antiques are tough to replace.
To avoid being sent to a financial breakdown after a theft, you need to employ prevent and protect approach. Since some homes are easy targets to burglars, get yourself home contents insurance. This insurance covers your home against damages that are beyond your control.
Some of the damages that it covers include natural disasters, losses caused by thieves, appliances malfunction and malicious destruction of your belongings. In case of a break-in, your home insurance would cover you for any damages incurred like broken doors and windows. However, you should note that different policies vary and it is wise to check your Product Disclosure Statement for terms and conditions.
In case you have any property that is meant for business and is leased or non-owned, get commercial property insurance. Some of these items include a company car, laptop or equipment that you keep in your home. In case they get destroyed or damaged, the insurance can cater for the expenses that come with the damages.