Your handbag, laptop, smartwatch, jewellery, sunglasses, and even that perfume you splurged on that’s in your gym bag right now… These items are valuable, and for the most part, they go where you go. You’re not worried, because you’ve taken out home contents insurance for all the things in your home and you’ve got comprehensive car insurance for when those items are in your car, right?
So, you’re assuming that you’re covered. We’re sorry to be the bearers of bad news but this isn’t the case. These kinds of items aren’t usually covered by these 2 policies when they’re outside your home.
What you need for these goodies is the king’s far-reaching portable possessions insurance. This policy protects the stuff you carry with you every day, so you’re not left out of pocket when life (read: Accidents, damages, theft, etc.) happens.
Let’s break it down into smallish chunks, so you can breeze over the important facts.
What a portable possessions policy does
Get this: Portable possessions insurance from the king covers the personal items you regularly take out of your house. We’re talking about your laptop, camera, fancy gym tech, prescription glasses, etc. Basically, if it leaves with you and you’d hate to be without it, you likely need portable cover.
Snapshot: You can take portable possessions insurance on its own, but you can also add it on your comprehensive car insurance or your home contents insurance.
Specified vs. unspecified items
This is the part that trips people up, but actually, it’s really simple. There’s basically 2 types of valuables. The expensive stuff that sits in the 1000s, and the less expensive stuff that’s worth R2,000 or less.
So, the higher the value, the more likely it needs to be specified to be fully covered.
Here’s a quick breakdown:
- Specified items are high-value items that are listed individually on your policy, like a R25,000 laptop or luxury handbag.
- Unspecified items are grouped together under a single total value (e.g. sunglasses, perfume, and earphones).
What’s typically covered
- Theft or loss of insured items while away from home.
- Accidental damage (e.g. dropping your phone).
- Items stolen from a locked car (if there are clear signs of forced entry) and the items were specified.
What’s not covered
This is really important to take special notice of, because there are few things worse than having something awful happen, like your handbag being stolen out of your car, only to find out that you’re not covered.
- Items stolen from an unlocked car.
- Wear and tear or negligence.
- Items not listed under your policy if required.
When you need it
It’s easy to tell you that you need car insurance as a driver in our sunny, pothole-riddled country. The fact is, the risk of driving around without cover is sure to bite you in the financial behind. But how do you figure out when you need portable possessions insurance?
We’d say that over the next few days, you should look at what you take out with you and imagine little price tags on each item. Now, think about whether you could afford to replace them or not. If you’re okay to replace your phone, engagement ring, watch, laptop, your on-the-go make-up kit out of your own pocket, that’s great. But… Why would you? The king’s portable possessions insurance is affordable, comprehensive, covers your stuff when you’re overseas, and will take care of all the admin for you.
Here are some more reasons:
- You work remotely or on the go with expensive tech.
- You carry valuable jewellery or designer accessories.
- You use your smartwatch or fitness tracker daily.
- You have kids who take tablets or phones to school.
- You travel frequently for work or leisure, both locally and internationally.
The king has your back, here and there and everywhere
Your possessions deserve the same level of protection as your home and car. With portable possessions cover from the king, you can take your most valuable items with you, but without taking a risk.
And if you’re not sure what to list? Just ask. We’re here to make insurance simple.
Click here for a commitment-free insurance quote or you can WhatsApp us on 0860 50 50 50