Should there be a gadget which you own and is not in the above list, ask your insurer about obtaining cover for that specific item.
Gadget insurance guide
What do you take with you when you leave your home in the morning? Once upon a time we all travelled light, placing our keys and a wallet or purse into our handbags or briefcases. However, those are more or less gone.
We tend to carry many more items with us nowadays, including mobile phones, laptops, iPods and so on.
Electronic gadgets have become part of the fabric of daily lives. Therefore, most of us have stopped thinking about their value.
Nonetheless, the cost for the replacement of the hi-tech equipment we carry with us could amount to hundreds if not thousands of pounds. A recent Zurich Insurance report placed our 'walking wealth' at £972.
Gadget insurance is vital in case of loss, theft or damage. We have all heard about people losing a camera when travelling, or accidentally dropping their mobile phone down the toilet or having their iPods laundered. We also hear about people getting mugged for the latest electronic equipment.
Does my contents insurance cover my gadgets?
The majority of standard contents insurance policies do not cover your walking wealth as they purely insure items when they are in your home. Certain companies will cover belongings which you carry around; however, you are likely to pay more. The insurer may also place a limit on the value of a single item.
In addition, the excess on your contents policy, the set amount you pay towards a claim, may be high.
Certain individuals prefer separate gadget insurance in order that they can protect any no claims discount on their standard contents cover.
