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Loss of Personal Belongings Cover

While going out people carry required belongings with them and to keep them safe they generally keep them in the car if they step out however there are chances of theft of the car and personal belongings in it as well. The car being stolen is an illusion for all car owners, especially if you don't have the appropriate car insurance coverage. Having the right car insurance will save you from financial stress as a result if your car being stolen.

With a comprehensive car insurance policy, you can be sure that the financial expenses from the theft will be minimized. The insurer will compensate you up to the Insured Declared Value, unless you also have a return to invoice (RTI) add-on cover. RTI cover allows you to recover the on-road value of the car, including the depreciation costs. But belongings are covered under the add-on Personal Belongings.

Loss of Personal Belongings Cover

A standalone own-damage and a comprehensive car insurance policy such a plan does not cover the loss of the personal belongings of the policyholder which were there in the car. To include the loss of the personal belongings in the insurance coverage one can opt for loss of belonging cover as an add on to the base policy.


By paying only a small additional premium amount you can buy personal belonging add-on cover. Some of the common benefits of personal belonging add-on cover are listed below:

  • Peace of Mind
  • Protection for Personal Belongings
  • Financial Burden decreases.

What is Loss of Personal Belongings Cover?

Personal possessions cover is an add-on that only a comprehensive car insurance policyholder can purchase. The insurer will provide coverage for any loss or damage to any of your personal possessions kept inside the car as per the insured declared value of your car insurance policy.

A loss of personal belongings policy can be purchased for an additional premium. With this coverage in place, the insurer will pay for losses caused by the theft of your personal property from the insured vehicle.

The Policy is extended to cover loss of Personal Belongings of the Insured due to theft, larceny, robbery or hold up anywhere outside India during the policy period.

Jewellery and Valuables:
  • Gold or Silver
  • Diamonds or articles
  • Metals and watches.
Personal Belongings:
  • Clothing & Personal Effects
  • Photographic Equipments
  • Laptops
  • Mobile Phones
  • Video Cameras
  • Telescopes
  • Musical Instruments.

USP: Personal Belongings of your Co-Passengers means any person travelling in the Insured Vehicle and does not include passengers travelling in Insured Vehicle for hire or reward are covered on payment of additional premium.

Co-Passengers: The cover can be extended to co-passengers by charging an additional 50% premium for the said Sum Insured.

Excluding: Cigarettes, tobacco and/or alcohol, Films, cassettes, cartridges or disks , Consumable Perishable goods, prosthetics, dentures, hearing aids, bottles, cartons, Pedal cycles, wheelchairs, prams, pushchairs or baby buggies, Contact or corneal lenses, Sports Equipment including Winter Sports Equipment, Cash and Currency Notes , Jewellery & Valuables , Airline Tickets and Credit and Debit Cards.

What is not covered under Loss of Personal Belongings Cover?

  • Any incident that arises from the insured’s negligence
  • If the car was borrowed from someone else
  • Loss of data stored in electric equipment
  • Any loss caused by the negligence of the policyholder
  • If the items are not generally carried around by the insured
  • Theft of any documents
  • If the incident is not reported to the police within 24 hours of discovery
  • If the items belonged to someone other than the insured
  • If the stolen items are not mentioned in the police report
  • Not taking the right steps with respect to documentation and FIR
  • If the belongings were left overnight in the car.

Claim Process of Loss of Personal Belongings:

Claim Process of Loss of Personal Belongings

1. File an FIR with the police: As soon as you get to know of the theft, you should file an FIR with the local police. In no case should you delay the filing of FIR by more than 24 hours, as your car insurance add-on claim may be rejected otherwise.

2. Inform your insurer: After you have filed the report, give a ring to your insurance provider and inform them of the theft as well. Understand from them what their process for car insurance claims is. It is best not to delay this process as it can impact claim verification.

  • While intimating the insurer, provide the following details:
  • Name of the policyholder
  • Contact details of the policyholder
  • Car insurance policy number
  • Approximate time and correct date when the robbery took place or when you noticed it
  • Area where the incident took place

3. Inform the RTO: As per the law, you must inform the Regional Transport Office if your car is stolen.

4. Gather all the requisite documents: After this, get all the documents that you will have to submit with the claim form. This includes:

  1. Claim form – duly filled and signed
  2. Copy of the FIR report
  3. Copy of the police investigation report
  4. Invoices and receipts of items you are filing the claim for
  5. Property irregularity report

In the event of a loss the Company shall indemnify the Insured for the Replacement Value of the Personal Belongings as new at the time of damage less due allowance for betterment, wear and tear and or depreciation or the value which can be realized from the market for such insured item immediately before occurrence of damage whichever is lower.

Age of the vehicle Depreciation Percentage
Up to 6 months 10%
Up to 1 year 20%
Up to 2 year 40%
Up to 3 year 50%
Up to 4 year 60%
Up to 5 year 70%
Above 5 years 75%

Documents Required For The Claim Settlement Process:

You are required to submit the following documents to the insurer during the claim settlement process:

  • Duly filled and signed Claim Form
  • Copy of the FIR files by you
  • The final investigation report drafted by the police
  • Original invoice and receipts that support your claim
  • Property irregularity report.

Top Companies that Offer Loss of Personal Belongings Cover in Car Insurance Policy:

Companies Plan IDV Additional Covers & Discounts Premiums
TATA AIG 1 year comprehensive 1.62 lakh NCB Discount 4793 View Plans
National 1 year comprehensive 1.84 lakh NCB Discount 4267 View Plans
Royal Sundaram 1 year comprehensive 2.26 lakh 24x7 roadside assistance NCB Discount 5342 View Plans
HDFC ERGO 1 year comprehensive 2.40 lakh 5989 View Plans
Bajaj Allianz 1 year comprehensive 2.96 lakh 24x7 Roadside Assistance Key replacement NCB Discount Commercial Discount 6234 View Plans

How to Buy/Renew a Personal Belongings Cover Add-on in Car Insurance?

Car insurance can be purchased online from the PolicyBachat portal in two easy steps. At PolicyBachat we cater unbiased comparison of quotes, a 24*7 customer assistance team your motive is to give our customers the right quotes with compare car insurance rates online.

You have the option to purchase this cover via the online mode or the offline mode while buying or renewing your car insurance policy. You can buy a Cover by following the below mentioned steps.

  • Go to compare car insurance quotes online at
  • Fill in the required details select your Car Model & Variant, RTO Location, Registration date, and Email address.
  • Click on the “START SAVING MONEY”.
  • Choose a Comprehensive Insurance plan.
  • Premiums with different insurance companies are displayed with low premiums.
  • Select the Personal Belonging Cover from the available Add-ons
  • After that fill in the ‘vehicle owner details and personal details.
  • Purchase the best Car Insurance Policy using online payment
  • If any queries are raised call: 1800–123–4003.

Conclusion: While thefts and accidents happen in unfortunate events, it is best to be prepared for such times. So why wait any longer? Get your car insurance with loss of personal belongings cover today.

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