Maintaining a home
Your guide to personal valuables insurance
29 July 2024
Chances are, you’ve sorted insurance for your home and contents (if you haven’t, you can learn more about Suncorp Home and Contents Insurance right now!).
But, what about the valuable belongings you leave the house with every day?
As soon as you leave your property, your home and contents policy may not cover your stuff for insured events — unless, that is, you have personal valuables insurance.
What is personal valuables insurance?
Personal valuables insurance, sometimes known as portable contents insurance, covers the valuable items that might go with you when you leave the house. This may include your:
Explore Home and Contents Insurance
If you purchase this optional cover for your home insurance policy, Suncorp Insurance will provide cover for personal valuables anywhere in Australia and New Zealand. Terms and conditions apply. Check the Product Disclosure Statement (PDS) for details.
What's covered under Suncorp Personal Valuables cover?
Along with the usual things you take with you, Suncorp Personal Valuables Insurance also covers items like:
- Portable electronic and electrical items, including accessories like your headphones.
- Sporting, recreational and leisure equipment, when they’re not in use, except for bicycles (provided they’re not used for racing or pace-making), as well as golf carts with four wheels.
- Medical aids to support people living with a disability, such as a wheelchair or mobility scooter.
- Photographic and optical equipment.*
Get a Home and Contents Insurance quote
Call us on 13 11 55 to find out more.
Specified vs unspecified items
Your personal valuables can be either specified or unspecified. Optional specified items are ones that you can insure up to a certain amount, valued over $1000 per item (like, for example, a really precious and valuable piece of jewellery). In those cases, you’d need to inform us. If we agree to insure the item, it’ll be listed on your certificate of insurance.
Unspecified items, on the other hand, don’t need to be explicitly listed. But the total amount of cover will be limited. Refer to the Product Disclosure Statement.
Suncorp Optional Personal Valuables Insurance
With optional specified items cover, you can insure expensive personal items up to their full value. This is an optional cover and an additional premium applies.
If you accidentally spill coffee all over your laptop at a café and it’s damaged, Optional Specified Items Cover will insure your laptop up to its replacement value. We replace your laptop or pay what it would cost us to replace your laptop.
How to make a claim for personal valuables
Claiming for your personal valuables isn’t any different to making a claim for your regular contents. For example with Suncorp, you can still make a claim online or by using the Suncorp Insurance App.
Read more:
- How much should I insure my house for?
- Avoiding underinsurance: What to consider when buying home insurance
- Ways to save on home and contents insurance
*Conditions, exclusions and limits apply.
Insurance is issued by AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance. Consider the Product Disclosure Statement before making a decision about this insurance. The Target Market Determination is also available. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it. The information is intended to be of general nature only. Subject to any rights you may have under any law, we do not accept any legal responsibility for any loss or damage, including loss of business or profits or any other indirect loss incurred as a result of reliance upon the information. Please make your own enquiries.
