Does home and contents insurance cover my mobile phone?
Replacing a lost or damaged mobile can be expensive and stressful. On top of that, it can be tricky to know what sort of mobile phone insurance meets your needs, or whether an existing home and contents insurance policy will provide cover.
Luckily, AAMI can help clear things up.
Are mobile phones covered by home contents insurance?
With AAMI Home Contents Insurance, your phone can be insured at home for insured events like flood, fire (including bushfire) or theft.# But it’s pretty likely that you also take it with you when you go out. This is where our optional Portable Valuables Cover comes in.
How Portable Valuables Cover can come in handy as phone insurance
AAMI's Specified Portable Valuables Cover is an optional cover you can add to your AAMI Contents Insurance policy for an additional premium. This can provide cover for your phone – and other items listed below – for theft and accidental damage while you’re out and about, as long as they’re specified on your policy. If they are, they’ll be shown on your Certificate of Insurance along with the amount for which it is insured. These items can be covered anywhere in Australia or New Zealand, with jewellery and watches also insured worldwide for up to 30 consecutive days.
Specified Portable Valuables Cover can be great for valuable personal items, like:
- mobile phones
- laptops and tablets
- jewellery, watches, handbags or wallets^
- sporting, recreational and leisure goods and equipment^
- photographic equipment^, and
- GPS or navigational devices.
Some of these items can be insured as ‘unspecified items’ under optional Portable Valuables Cover meaning they don’t need to be listed on your policy, but the most we will pay per item, pair, set or collection for any one incident is $1,000 in total. Other items are required to be listed as ‘specified items’ to be insured under optional Portable Valuables Cover.
Read the Product Disclosure Statement for more details, conditions, and exclusions.
How to insure your phone for accidental damage at home
While AAMI Home Contents Insurance provides cover for things like theft and from certain weather events, it doesn’t automatically provide cover accidental damage at home — for your phone, and for other items. If you do not require optional Portable Valuables cover and you’re just after cover for accidental damage to your phone at home – as well as other items for drops, knocks and spills – you may want to consider optional Accidental Damage at Home cover.
You can choose to add this optional cover to your AAMI Home Contents Insurance for an additional premium. This can help provide cover if you drop your phone, lose your ring down the drain or stumble into your TV.
Plus, this optional cover can be added to your AAMI Home Insurance policy to provide cover for accidental damage to your building. For example, if you accidentally dented the wall while moving the couch or damaged the roof tiles and gutter while cleaning them.
There are conditions and exclusions which apply, so ensure to read the Product Disclosure Statement for more information.
Need to make a claim?
- Creating a home inventory list
- A guide to your jewellery insurance options
- How do I insure my engagement ring?
#We don't insure you for bushfire or flood for the first 72 hours of your policy. Very limited exceptions apply. Refer to the PDS for more detail.
^This item can be insured under optional Portable Valuables Cover as an ‘unspecified item’. However, the most we will pay per item, pair, set or collection for any one incident is $1,000 in total. Refer to the PDS for details.
Insurance issued by AAI Limited ABN 48 005 297 807 trading as AAMI. Limits, conditions and exclusions apply. Read the Product Disclosure Statement before buying this insurance. The Target Market Determination is also available. This advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it.