Guiding on Insuring Mobile Possessions During Away-from-Home Adventures
RACV Contents Insurance offers comprehensive coverage for your belongings, including items that leave your home. Known as Portable Items Cover, this optional extra extends protection to your personal belongings when you're on the move, whether in Australia or New Zealand.
Portable Items Cover is designed for items you take with you, such as portable electronic devices like smartphones, laptops, and cameras, jewellery, watches, clothing, luggage, sporting and recreational items, glasses, medical items, and even mobility scooters. However, it's essential to note that this cover does not extend to items being cleaned, repaired, or restored, fishing and sporting equipment, musical instruments, or firearms while in use, or a bicycle while being used in a competitive race or time trial.
The coverage for portable items generally includes personal electronics like laptops, smartphones, and cameras, jewellery, often up to a certain claim limit per item or total amount, and other valuables such as tools or medical equipment.
However, it's crucial to verify if items like laptops and mobile phones are fully covered or require additional personal effects insurance. Some policies may limit coverage for valuables like jewellery or portable electronics unless extra coverage is purchased.
Bikes can be covered under Portable Items Cover, but with some conditions. For high-value items, a description is required, and a valuation certificate or purchase receipt is necessary for items over $25,000. Items worth more than $10,000 may require a written valuation.
Coverage outside Australia or New Zealand is limited to $10,000 for all items. The value covered by Portable Items Cover needs to be based on the replacement cost of the items at today's prices.
To update the cover on your policy, simply contact or visit RACV. The Portable Items Cover can be increased at any time, except during a claim process.
It's important to remember that RACV Contents Insurance typically covers items inside the home against risks such as theft, fire, and flood. However, for more detailed information about RACV Contents Insurance, including Portable Items Cover, visit the RACV website.
In summary, RACV Contents Insurance covers portable items like personal electronics, jewellery, and other valuables commonly taken outside the home, but expect limits and potential need for added coverage on very valuable or frequently carried items. Always ensure you understand the specifics of your policy to ensure you have the right coverage for your needs.
While RACV Contents Insurance primarily covers items inside your home, it also offers Portable Items Cover as an optional extra. This cover extends protection to your personal belongings when you're on the move, including your laptop and smartphone, jewelry, and other valuables like portable electronics. However, it's crucial to consider any claim limits per item or total amount, and possibly purchase additional personal effects insurance for these items.
