Does Home Insurance Cover My Electronics?

In a modern world, electronics are a big part of our lives. They make our lives easier, connect us to the world, and provide entertainment. When something happens to your home and belongings, you want to be sure that your home insurance will cover your electronics. Unfortunately, home insurance has limitations for electronics. Homeowners Insurance Group in Scottsdale, AZ is here to guide you through this important insurance coverage.

What Most Standard Home Policies Say About Electronics

Most home insurance policies have limited coverage for electronics. The limit is usually $2,500 for all electronics combined. This includes computers, tablets, smartphones, TVs, and other electronics. The limit may be higher if you have a home office, but it is usually limited to $5,000.

The costs of your devices add up quickly. The total could easily be over $2,500 if you have a new computer, phone, or device. If you have an older computer, the limit may not be enough to cover the replacement cost. If your home is burglarized or damaged in a fire, you may not replace all of your electronics.

Your Homeowners Insurance Group can help you get the coverage you need for your electronics. We offer additional personal property coverage that can be added to your home insurance policy.

What You Can Do To Protect Your Electronics

There are a few things you can do to help protect your electronics. You can add an endorsement or rider to your home insurance policy. This will increase the limit on your electronics coverage. You can also purchase a separate insurance policy for your electronics. This is called a personal property floater.

A personal property floater will cover your electronics anywhere in the world. It will also cover you if your electronics are damaged in a fire or stolen in a burglary. The cost of the policy will depend on the value of your electronics.

Give Us A Call

Learn more about home insurance coverage and electronics in Scottsdale, AZ by contacting the Homeowners Insurance Group. We can review your policy and help you get the coverage you need.