Jetting off with gadgets could be an insurance risk

Wednesday 04 April 2018

Holidaymakers setting off with their families during the school holidays have an average of £2,300 of tech in their luggage.

And this high value could come at a risk, as a national survey has found devices could fall outside of travel insurance's remit.

The average family takes five gadgets with them overseas, with devices such as smartphones, tablets and laptops being amongst the most popular, and for many, if these are older than a year or two, they could be classed as too old to be insured.

"Travellers are carrying more technology on holiday than ever before, so they need to ensure that there is adequate cover under their policy, as not all insurers provide gadget cover," Fiona Macrae, Head of Travel Insurance Explained, said.

"Many policies specifically exclude mobile phones, whilst others may offer very low levels of cover, often £500 or less, and/or policies with a high excess. Customers should also be aware that there may be limitations regarding the age of the gadget and some providers will only cover gadgets up to 24 months old but others cover gadgets up to 48 months old."

Travel Insurance Explained has surveyed 5,000 UK travellers and found that 62% will take a device on holiday, and will travel with multiple devices. Younger travellers will take more gadgets on holiday though the survey found there are no differences between men and women.

"We always advise customers to check cover limits, exclusions and the excess amount, before buying their policy to ensure they are not disappointed should they have to claim," Ms Macrae added.