By: Dennis Wigant

Dennis Wigant — Sat, 01 Jun 2013 16:42:22 +0000

depending 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.

By: James Hazzard, CLCS

James Hazzard, CLCS — Wed, 08 May 2013 14:16:38 +0000

Depending 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.

New answer on: Does Home Insurance Cover Electronics?

By: Dennis Wigant

By: James Hazzard, CLCS