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CNBC

A-Rod had $500,000 worth of stuff stolen from a rental car—here’s how to know what your insurance covers

By Kathleen Elkins

Chances are, car insurance didn’t cover him: “Generally, auto insurance does not cover stolen personal items from the vehicle,” Andrew Westlin, a certified financial planner at Betterment, tells CNBC Make It.“Comprehensive auto insurance would cover any damage due to a break-in, like smashed windows or broken door locks, but not the items inside.”

That said, “If you have renters or homeowners insurance, your personal property can be covered in a theft, even if it is stolen from your car,” he adds. Your credit card may offer some form of coverage, too.

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This article originally published August 15th, 2019 on CNBC