• Our residence serves as our refuge. We dedicate both our emotions and finances to it. Our goal is to acquire the finest items for our home to maintain its appearance. Additionally, it is our duty to make sure that everything remains secure within the house, yet there are aspects that we cannot control. To prevent any damage to household items from resulting in financial hardship, it is advisable to purchase homeowners’ insurance.
• This type of insurance covers all household furniture and electronics, including the premises itself. A typical homeowners’ policy includes protection for all electronic devices in the home, with televisions being part of this coverage. Many individuals wonder if damaged TVs are included under homeowners’ insurance. The answer is affirmative. Prior to purchasing the policy, it is crucial to understand all of the inclusions and exclusions. Let us explore this further to gain clarity on the coverage.
• Does homeowners’ insurance protect against damaged TVs?
• Homeowners’ insurance assists in covering the expenses associated with damage to any electronic devices, including TVs within the home. The sole stipulation is that the damage’s cause, referred to as peril, must be included in the policy. Numerous scenarios are not included, such as if the TV is accidentally dropped leading to breaks or cracks, or if any damage arises from regular wear and tear. The claims process is straightforward if any damage occurs to the TV due to covered perils. Next, let us discuss the inclusions of the policy.

Inclusions for damaged TVs under homeowners’ insurance

A standard homeowners’ insurance policy provides coverage for the following. If any incident occurs to the TV due to any of these perils, the loss will be compensated by the insurance provider.
● Vandalism
● Lightning
● Fire
● Theft
● Storm damage
● Certain instances of power surges, such as those resulting from lightning
● Sudden water damage, like that caused by a burst pipe
To grasp what the policy encompasses, the best approach is to review the policy.

When are damaged TVs excluded from homeowners’ insurance?

Exclusions
As previously noted, certain losses are covered by a standard policy while other perils are typically excluded. Some of these include:

● Accident:
If a wall-mounted TV accidentally falls or is dropped while being shifted from one location to another, the loss will not be covered by the policy.

● Floods:
Any damage resulting from floods due to climate changes is excluded from the policy.

● Wear and tear:
Losses stemming from the normal wear and tear of the television are not covered by the policy. Even the costs associated with any necessary restoration will not be reimbursed by the insurance provider.

● Manufacturing defects:
Any defects in the TV prior to its insurance or that have existed since it was made will not be included in the policy and will be the responsibility of the insured.

● Unauthorized repair:
If the TV is serviced by an unauthorized repair shop or company before a claim is submitted to the insurer, the insurance provider may decline the claim.

● Wilful Negligence and Destruction:
Any carelessness or destruction caused by the owner’s actions resulting in damage to the TV will be excluded from the policy, and the repair costs will need to be borne by the owner.

How much does homeowner’s insurance pay for damaged TVs?

Under a standard policy, in the event of damage, the insurance provider will cover the repair or replacement costs after accounting for depreciation. This indicates that the current value of the TV will be reimbursed. Nonetheless, there is an option to acquire additional coverage for the replacement cost, which means that the current value of the same TV will be reimbursed without factoring in depreciation.

How do you protect expensive electronics?

When we insure anything, it does not imply that we neglect the care of the insured asset. The principle remains the same: we continue to look after our health even when we utilize health insurance, correct?
The same applies to our televisions. Although it is quite possible that the TV could sustain damage from regular use, some essential considerations must be kept in mind to ensure the proper functioning of electronic devices, such as:

1. Do not leave an electronic device like a TV on for extended periods while unattended. Therefore, when leaving the house, etc. , ensure to turn it off.
2. Remember to disconnect the TV from the power source during lightning storms to prevent short-circuiting.
3. Never handle the TV with wet hands or clean it with abrasive chemicals. Instead, turn off the TV and wipe it down with a dry cloth.
   In doing so, we not only ensure their longevity but also that they are sufficiently covered under the homeowner’s insurance policy.
   Tips to safeguard expensive electronic items:
4. Store original receipts:
   It is crucial to retain the receipts securely as evidence of the purchase date and the invoice amount. This is necessary for including these electronic items in the insurance policy. This also proves useful for your warranty.
5. Keep the insurer informed:
   After acquiring an expensive electronic item for your home and wanting to include it under your homeowner’s insurance, you should notify the insurer as soon as possible. Certain items may have a coverage limit, the maximum amount payable. You should verify your policy and consider additional coverage, if required, to ensure the electronics are insured for their invoice value.
6. Maintain a log or an inventory:
   You ought to keep a record when you purchase an electronic item or sell or discard it from your home. Keeping an inventory is beneficial to make sure everything is included under the insurance policy.