Does your Home Insurance Cover your Mobile Phone, Laptop and Other Gadgets?

With an increase in the purchase of electrical equipment ranging from smartphones and portable tablets to laptops and digital cameras, there is a greater risk of suffering a loss on these items through accidental damage and theft. The cost of repairing or totally replacing one of your gadgets can come as unwelcome shock, and unfortunately, the manufacturer’s warranty will only cover you against defects arising in the hardware or software.

Usually when you purchase any gadget, the sales assistant will do his or her utmost to sell you additional insurance that offers protection against theft and damage. This type of Cleveland home insurance can be costly, and if you are already paying out a monthly dividend for your phone or have just parted with a large sum for your laptop, then it is tempting to decline the insurance altogether. What many people don’t realize, however, is that their existing home insurance may already offer some type of protection for their gadgets. What you need to find out from your policy provider is what exactly you are covered for, whether there is any excess to pay, whether the cover is adequate, or whether would you be better off taking out a separate gadget insurance policy.

To see if you are covered on your home insurance, check your policy for separate personal possessions cover. Usually you would be required to pay an extra premium for this cover as it provides protection for specific items when taken outside the home. Your standard home insurance cover will normally protect your items if they remain in the home, so for example if you only use a laptop at home then this may be sufficient. However, if you travel away from the home with your gadgets, it is essential to acquire additional cover to ensure you can claim damage from outside your normal address.

Another important aspect to check is the excess for any claim you make, as it could end up costing you more than the gadget is worth. Finally you need to establish whether you have accidental damage cover. If you are the clumsy type or worry about dropping your mobile or camera when out and about, then check your home insurance policy.

Call us today at 800-773-1007 for a quote on home insurance with personal protection cover included.