Does Your Home, Commercial or Auto Insurance Cover Vandal’s Damage?

Splattered across newspapers and social media are recent events that has divided the nation. Protests glorifying white nationalism, counter protests and a random act of anti-Semitism toward a non-profit holocaust museum have highlighted baseless hatred as well as the resulting damage associated with vandalism.

Saddened along with the rest of decent Americans, the insurance industry turns its attention to the need for insurance that protects against these acts.

For average business owners, non- profit executives, homeowners, renters and car drivers, the issue is a burning one. Will indemnity that is in place protect one from “willful and malicious destruction of property”?

If those who inflicted damages are not found or identified, your insurance will cover the expense of repair or replacement – depending of course if the affected property is included in coverage.

First off, let us examine a standard homeowner’s policy.

In general, a standard home policy can shield one from civil unrest damage and vandalism. This is because property and liability protection is included. The one outstanding exclusion is if your home has been vacant for sixty one or more days.
Secondly, comes the business owner’s coverage – or non-profit organization insurance policy.

Standard policies cover the following:

- Your building
- Any fixtures located within or outside of the building
- All permanently installed machinery or equipment
- Outdoor furniture
- Floor coverings
- Appliances, such as a refrigerator, a dishwasher, a clothing washing machine, a clothes dryer, ventilators and so on
- Business personal property that is indoors or outdoors, like a car or van, that is 100 feet away from the building or closer.

For the business owner that experiences a loss of income due to a property restoration or replacement, the policy includes business income coverage. This means there will be reimbursement for loss of income or business maintenance – such as payroll payments, utility payments, mortgage payments and rent payments.

Finally, auto insurance will cover you for vandalism IF you have the appropriate form of the coverage. A comprehensive policy covers restoration as well as replacement charges if your vehicle has been damaged in a protest or other event that is unrelated to a collision. Bear in mind, though, without the comprehensive plan – regardless of any liability, collision, PIP or uninsured or under-insured auto policy you have bought – you will not be covered for anything unrelated to an auto or other vehicle accident.

For more answers to any question about vandalism and how it correlates to your insurance coverage, speak to an experienced independent agent.