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If you have an HO-3 policy — the most common type of homeowners insurance — you have theft insurance. Theft is one of the named perils that is standard coverage with this type of policy.
Petty theft is the default category for all other thefts. [83] Grand theft is punishable by up to a year in jail or prison, and may be charged (depending upon the circumstances) as a misdemeanor or felony, [84] while petty theft is a misdemeanor punishable by a fine or imprisonment not exceeding six months in jail or both. [85]
Larceny is a crime involving the unlawful taking or theft of the personal property of another person or business. It was an offence under the common law of England and became an offence in jurisdictions which incorporated the common law of England into their own law (also statutory law), where in many cases it remains in force.
Property crime is a category of crime, usually involving private property, that includes, among other crimes, burglary, larceny, theft, motor vehicle theft, arson, shoplifting, and vandalism. Property crime is a crime to obtain money, property, or some other benefit. This may involve force, or the threat of force, in cases like robbery or ...
Crime rates: If you live in an area with a high rate of home break-ins or theft, it is possible that your home insurance premium could be more expensive. You may even consider an alarm system to ...
One of the more controversial sections of the California Penal Code are the consecutive Sections 666 and 667; Section 666, known officially as petty theft with a prior – and colloquially, felony petty theft and makes it possible for someone who committed a minor shoplifting crime to be charged with a felony if the person had been convicted of ...
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