3 things you didn’t know your property insurance covered

Insurance polices can be daunting – people often only refer to their coverage when there’s an accident or when personal property is stolen. Here are three common things that many people may not realize they have covered already with their property insurance:

1. 1. Gadgets:Today it’s hard to leave home without bringing a smartphone, apple watch, iPad or tablet with you. Wherever you are around the world, if your iPad or apple watch is stolen then your home content insurance can cover the costs. Be sure to mention these devices to your insurance broker when you’re updating or reviewing your policy.
2. 2. Bicycles:Worried about your bike getting stolen while parked outside? In the event that something happens to your bike off of your premises then your content insurance will have you covered.
3. 3. Personal injury:The personal liability portion of a property insurance policy will provide compensation if you become legally liable to pay because of unintentional bodily injury or property damage arising from personal actions anywhere in the world. This means if you collide with someone while riding your bike or skiing the Swiss Alps – your property insurance will have you covered.

Reviewing your property insurance policy can actually prevent you from paying unnecessary out of pocket expenses. If you’re curious about what your policy coverage includes then contact one of our advisors to see how you are protected!