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What is possessions insurance?

Updated: 9/20/2023
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12y ago

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Possessions are things you own. Thus in its simplest for 'possessions insurance' would be an insurance policy that you would need to purchase to cover the replacement of all or some of your possessions should they be lost, broken, stolen or destroyed by fire or flood. Normally such a policy would refer to the contents of your home (household or contents insurance - the building itself would need to be covered by a separate insurance policy) but the policy may also cover specified items (or items up to a maximum value) that you may have with you when you are out of your house.

A special form of possessions insurance is needed for the things you take with you when you travel abroad, and this 'Travel insurance' would also cover medical emergencies when you are abroad.

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What is Personal Possessions Insurance?

Personal Possessions Insurance is a type of insurance to protect your belongings when you are away from home. Many different insurance companies offer this insurance.


What exactly is house contents insurance?

House contents insurance provides insurance coverage for the possessions in your house in case of fire, theft or other damages. If you have a lot of things or your possessions are worth a lot of money you should have this type of insurance.


What is personal insurance?

Personal Possessions Insurance is a type of insurance to protect your belongings when you are away from home. Many different insurance companies offer this insurance.


What kind of value provides replacement value for personal possessions?

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Can you get third party insurance to cover your ipod?

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What kind of insurance provides replacement value for personal possessions?

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Why should someone get renters insurance coverage?

A renters insurance policy offers coverage on a tenant's possessions and contents of the rented property in the event of loss or damage from fire or other catastrophe. While a tenant has no responsibility to ensure the property itself, should they incur a loss the insurance would help them replace their possessions.


What's the benefit of discount travel insurance?

The benefit of the discount variety of travel insurance is, as suggested by its name, the opportunity to save money. The benefit of travel insurance is for the safety of oneself and his or her possessions.


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Does student possessions insurance cover laptops?

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Do you purchase international travel insurance when traveling?

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