Which type of insurance covers theft of personal property up to specified limits?

Property insurance is specifically designed to protect against theft and other types of loss related to personal property. This insurance provides coverage for a variety of personal items, such as electronics, furniture, and personal belongings, and typically outlines specified limits of coverage. Each policy will have a maximum amount that can be claimed for stolen items, which helps policyholders understand the extent of their financial protection.

Liability insurance, on the other hand, is intended to protect against legal obligations for injuries or damages to others rather than covering personal property. Comprehensive insurance is generally associated with auto insurance and covers damages to a vehicle from incidents other than collisions, including theft of the vehicle, but does not cover personal property in the same way that property insurance does. Health insurance focuses on medical expenses and does not relate to personal property coverage. Therefore, property insurance is the relevant type of insurance addressing theft of personal property.