We only cover your physical stuff. Intangible things like your health, reputation, identity, data, lost wages, privacy, credit rating, and financial instruments (including cash, cryptocurrency, and stocks) are not covered.
We only cover stuff that’s normally kept in your home, balcony, terrace, garage, garden shed, or a storage unit in your building, but not common or unprotected areas. (We make an exception for appropriately secured strollers and wheelchairs in your building.) Things that are normally kept elsewhere, like at your vacation home, office, or a storage facility, aren’t covered. But we will also cover your stuff if it’s temporarily outside your home.
We only cover the stuff you own and that is in your possession. Things you borrow or willingly hand over to someone else, are not covered. So if you handed something you own to someone else, it’s their responsibility and won’t be covered. For example: if your stuff gets damaged during shipping, dry cleaning, an apartment move with movers, handling by an airline, or while on loan to a friend, we won’t cover it.
But we also cover someone else’s stuff while in your home.
We don’t cover items which mysteriously disappear.
We don’t cover stuff that’s usually covered by other types of insurance, such as auto, pet, or business. So damage to your car, business equipment such as your work laptop, professional camera gear, injuries to your pets, and so on, aren’t covered.
We don't cover property that is illegal for you to own, nor any firearms.
If the damage was caused by your gross negligence, we’ll cover you and waive our right to reduce the amount we pay. But we do not cover damage that was intentionally caused by you.
If you are underinsured (meaning the coverage amount you selected is less than the total value of your stuff), we’ll waive our right to reduce the amount we pay. But we do not cover damage above the coverage amount you selected.
Damage caused by war, terrorism, civil unrest, or nuclear energy is not covered.