Are your small electronics covered by homeowners insurance?
“According to the findings by TRC, an independent research company based in Fort Washington, Pa., 60 percent of those contacted believe small electronic items, if stolen from their home or auto, are covered by their policies or don’t know if they are.
More than half of the respondents—55 percent—wrongly believe their electronic equipment is covered if it is damaged or destroyed by a power surge.
Forty-two percent believe damage to their property from home installation or loading and/or unloading in transport is covered. Only one-third—35 percent—think their digital downloads, such as iTunes or podcasts, are covered, while 34 percent believe gift cards—regardless of value—are covered.” Electronics and your Homeowners Insurance Policy
