Does Home Insurance Cover Electronics?
155 POINTSview profileJames Hazzard, CLCSAccount Executive, Samuelson Insurance Agency, Portage, INDepending on the policy, home insurance can cover electronics as long as it was damaged by one of the covered perils. However, in today's market it is rare to have a deductible under a thousand dollars and you can usually replace most electronic devices for less than that. I personally would not file a claim for electronics unless the loss was so substantial that it would make sense. Insurance is there for you to use when you need it. However, claims to have an adverse effect on your premium as well as your insurability. So if possible I would handle it out of pocket before turning to insurance.Answered on May 8, 2013flag this answer- 40 POINTSview profileDennis WigantPrincipal, Wigant & Associates, Texasdepending on the policy form used, the electronics maybe covered in a home owners policy. In the HO-3 policy form the electronics are covered under the person property coverage section. It can be on an actual cash value basis or replacement cost. There is a separate coverage for electronics away from the premise, like computers, laptops, tablets and cellphones.Answered on June 1, 2013flag this answer
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