Which type of theft coverage provides protection both on and off the insured premises?

Broad Theft Coverage is the type of theft coverage that provides protection for the insured's personal property against theft both on and off the insured premises. This coverage is particularly beneficial for individuals who may need to claim for stolen items that are not only within their home but also those that might be taken while traveling or away from their residence.

This type of coverage extends beyond the limitations of other forms of theft coverage, allowing policyholders greater flexibility and peace of mind knowing that they are protected against a wider variety of theft scenarios. Broad Theft Coverage typically includes a range of items such as personal belongings, furniture, electronics, and other valuables.

In contrast, other types of theft coverage, such as Limited Theft Coverage and Conventional Theft Coverage, have more restrictions. Limited Theft Coverage may only apply to specific types of property or limit the circumstances under which items are covered. Similarly, Conventional Theft Coverage may only cover thefts that occur on the insured premises, leaving the policyholder vulnerable if their property is stolen outside of their home. Therefore, the comprehensive nature of Broad Theft Coverage makes it the most suitable choice for those seeking enhanced protection against theft.