Loss of Personal Belongings Add-on in Car Insurance (2024)

As per the law, having a third party policy is mandatory. Having a comprehensive car insurance cover also helps as it protects you against damages caused to third party as well as your own car. However, while the damages caused to your car are covered, the belongings that you lose from the car are not covered. Comprehensive car insurance covers your car but not the belongings that you keep in it.

There may be times when you would be in a hurry and unfortunately your phone, laptop or any other valuables would get stolen. At such times, you would have no option but to express regret and buy the same valuable using your hard earned money. However, personal belongings add on cover can be of great help as it protects the valuables inside your car.

Personal possession cover provides coverage for the following

• Coverage for loss of personal belongings like laptop, smartphone, etc.
• Coverage for theft of personal belongings

The above damages are covered only in case the belongings are kept inside the car.

Coverage under personal belongings add on cover is not provided in case of the below situations

• If the items are lost or stolen due to negligence
• The incident of theft or damaged is not reported to the police on time
• Belongings were left in the car overnight
• Loss of any borrowed property
• Loss of data stored in electronic form
• Lack of documentation such as invoice of the lost item
• Loss of personal belongings when the doors or windows of the car are not locked

Personal belongings cover offers you great benefits at a low premium. These may include:

• Get peace of mind when traveling knowing that the cost of the valuables kept in the car will be covered
• Knowing that the insurance company will cover cost of valuables that are stolen or damaged, your financial burden is eased out
• Get protection for your valuables in case of theft or damages

Follow the below steps to register claim for personal belongings cover

• Contact the insurance company
• Share required details such as policy number, address proof, identity proof, list of items lost or damaged
• In case of theft, file an FIR report at the nearest police station
• Submit invoices of the lost valuables
• Claim amount is given post verification of the documents and the depreciation value