MYTH BUSTER 4
11 July 2016

MYTH:
“Gadgets are covered under business or home insurance.”
FACT:
“These policies don’t always cover items taken outside of the business or home, and rarely provide extended warranty. Also, the average excess for a home policy is £318 versus £50¹ with Supercover, and a claim with us will not result in a loss of any no-claims bonus.”
¹Average home policy excess taken from 42 insurance providers on ComparetheMarket.com.
Policy quote carried out on 23 June 2016 is based on £50,000 contents cover and includes a £250 voluntary excess.
Supercover’s excess is £25 for a gadget up to the value of £250 (when new), £50 for a gadget between the values of £251 - £500 (when new), and £75 for a gadget over the value of £501 (when new).
More myths busted:
Myth 1
"If my customer claims, then my business gets a commission clawback."
Myth 2:
“Insurers don’t pay out - they try to wiggle out of claims.”
Myth 3:
"My Customers aren’t looking for mobile phone and gadget insurance."
Myth 5:
"Mobile phone insurance can be expensive!"
MYTH 6:
"Registering a customer is time-consuming and complicated"