While on vacation, my credit cards were stolen. Will my homeowners insurance cover fraudulent purchases?

While your homeowners insurance policy may provide some coverage for stolen credit cards and fraudulent purchases, it typically has limits and exclusions. Here are some important things to consider:

• Coverage limits: Your homeowners insurance policy may provide coverage for stolen credit cards and fraudulent purchases, but typically only up to a certain amount. The specific limit will vary depending on your policy, but it's important to review your policy or speak with your insurance agent to understand the coverage limits.
• Deductibles: Your policy may also have a deductible, which is the amount you will need to pay out of pocket before the insurance company will cover the remaining costs.
• Exclusions: Your policy may have exclusions for certain types of fraud, such as fraud that occurs outside of the United States or purchases made after you reported the theft. It's important to review your policy or speak with your insurance agent to understand the specific exclusions.
• Additional protection: Some credit card companies offer protection against fraud, which can be a helpful additional layer of protection in case of theft. Be sure to review your credit card agreement or speak with your credit card company to understand what protection they offer.

Overall, while your homeowners insurance policy may provide some coverage for stolen credit cards and fraudulent purchases, it's important to review your policy or speak with your insurance agent to understand the specific limits and exclusions. Additionally, taking steps to protect your credit cards and monitoring your accounts regularly can help minimize the risk of fraud.