Check home insurance to avoid technical disaster woes
Posted on July 29th 2008
Britons have been urged to avoid disappointment by checking the finer details of their home insurance policy to ensure they are covered for technological disasters.
Although the prices of luxuries such as computers and sound systems are coming down, the cost of downloaded files stored on them can be considerably more expensive.
While most homeowners are aware of the fact that computer equipment is covered by their home insurance, not all policies incorporate digital media and those that do may come with many variations.
Elaine Parkes, of insurer Legal & General, said: "Downloads, particularly music, films and games, have become increasingly popular, but many consumers probably still do not realise quite how much it would cost or how long it would take to replace them.
"We reviewed our policy wording last year to ensure customers were not confused by what is and isn't covered."
For example, while some insurers cover downloads against fire, flooding and theft, most will not cover them against electronic failure or a computer virus.