Men's bags pose £1,000 ($1735) insurance question

Though this may be self serving advice and about Britain, it applies to everyone.

Specialist insurer Hiscox points out that an increasing number of young men are carrying around iPods, camera-phones and other valuables in fashionable canvas bags or backpacks which are easy to steal from. And if stolen or lost, add up to over £ 1'000 ($ 1'735), an amount not not usually covered by home insurance policies. [MyFinances]

Word to the wise:read the fine print of your insurance policy. It may need adjusting.

emily | 8:34 PM | SMS and Insurance |
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