With the release of the iPhone 6 you may be wondering if you can insure your new device. Actually, there are several ways to do this. Your standard homeowners provides coverage for your personal property subject to your deductible. You can also add a ‘rider’ to your policy and schedule the device for a specified amount. Finally, a separate inland marine policy can be written for your device. Some people opt for the inland marine policy in order to keep the homeowners premium untouched as they do not want an increase in their monthly payment for their escrow account due to a change in their homeowners premium. Talk to your Agent for more details.
Mike Peterson
09-30-14
Mike Peterson
09-30-14