Does insurance cover my TV?
Homeowners insurance covers personal property loss — including broken or stolen TVs — when it's caused by a covered peril, including fire, lightning, and vandalism. But if your TV falls off your wall or it simply stops working, you likely won't be covered.
What does accidental damage cover?
What does Accidental damage cover? Accidental damage can cover the cost of repair to damage that was sudden and not done on purpose. There needs to be a one off, single event that caused the damage to your home or belongings.
What is considered accidental damage?
Accidental damage is physical damage that happens out of the blue and is not done on purpose. There needs to be a one-off, single event that causes the damage. This could be: Dropping and breaking your phone at home.
Is it worth getting accidental damage cover?
Accidental Damage Cover is usually an add-on to your home insurance policy, but for less than $6† a month it could be a worthwhile investment. Remember, there'll be excess to pay before you can claim but given how expensive many items in the home can be, Accidental Damage Cover may be worth considering.