Airlines typically publish their luggage loss coverages on their websites.
They should be required to print the major points on the back of airfare tickets and on a placard at the luggage check desk.
There are theft rings operating in several major US airports.
The authorities know it, the media have filmed it with hidden cameras, yet nothing is done about it.
The problem of theft from luggage, in my opinion, points out a serious security gap. If stolen electronic goods can be smuggled out of an airport so freely, anything can be smuggled in.
Miami airport is probably the worst. Our family passes through Maimi international on frequent trips to Cayman and Bahamas.
In a recent discussion, every member of our extended family reported having items stolen from their luggage, with the common point in all trips being Miami airport.