It is a common misconception that everything that is inside your vehicle is covered under your auto insurance policy in case of theft. The truth is that only the vehicle itself and attached equipment is covered under an auto insurance policy in Ontario Canada. While auto theft claims are an on-going event, there are certain things you should know before you load up your car with valuable merchandise and leave the car parked on the street overnight.
For example, if a person is taking a TV in for repairs and the car is stolen with the TV still inside it, the TV is not covered. So too, if you have been visiting relatives during the holidays, and have not emptied the trunk filled with gifts and your car is stolen, while the car is covered on your auto policy, those gifts are not covered on your auto policy.