What is accidental damage insurance? (2024)

FAQs

What is accidental damage insurance? ›

Accidental damage insurance can cover you for those sudden mishaps. There needs to be a one off, out of the blue, single event that caused the damage to your home, or what's inside. For example, spilling juice on the carpet or a window smashed by a ball.

It is a good idea to take out home contents insurance to cover your possessions against fire, theft and other risks, such as accidental damage. If something happens to destroy or damage your possessions, it can cost a lot of money to replace these items.

What is accidental damage coverage? Accidental damage coverage provides for protection from accidental damage from handling and is a common addition feature of service contracts particularly on mobile handsets.

Accidental damage insurance is generally an optional extra on a home or contents insurance policy. You will pay a premium for the extra cover and some insurers suggest it might be worth considering if you have expensive items at home, especially if you have children.

It doesn't include damage that's due to a lack of upkeep or that happens slowly over time. For example, if your roof leaks because it hasn't been looked after.

Accidental Damage covers unintentional damage to the building or its contents. For example, putting a foot through the ceiling whilst in the attic above, or knocking over the TV. Accidental Damage is an optional cover which provides protection for events not covered by the normal perils of fire, flood, theft, etc.

Simply put, accident insurance is a form of insurance policy that offers a payout when people experience injury or death due to an accident.

The cost of accidental damage insurance depends on several factors, including how much cover you want and the value of your belongings. But according to our data it costs up to £35.68 to add accidental damage cover to buildings insurance and up to £26.21 to add to contents insurance.

Accidental death insurance, as the name says, is an insurance policy that pays out benefits only if death occurs because of an accident. Types of accidental death that are covered are those caused by road accidents, drowning, fire, electrocution, hijacking and murder.

Who is liable for accidental damage? ›

Who is responsible for accidental damage? Even if the damage is caused by tenants, it's down to the landlord to pay for any repairs needed.

Accidental damage is the term that many insurers use to explain sudden, unforeseen events that result in the damage of your gadget. This can range from dropping your mobile phone down the toilet, to unexpectedly spilling a glass of water on your laptop – we've all been there.

Accidental damage is caused suddenly and unexpectedly by an outside force. It's different from damage caused by wear and tear or a breakdown.

While standard home and contents insurance can cover you for damage from events like storm damage, burst pipes, and fallen trees, accidental damage insurance can cover you for things like red wine spills, laptop drops, or children's toys thrown through TV screens.

Accidental damage insurance can be a valuable addition to your home insurance policy, offering comprehensive protection and peace of mind. Whether you're a homeowner, tenant, or landlord, it's worth considering how this cover could help you manage the financial impact of life's little (and big) accidents.

At-fault accidents: Accidents you cause will almost always raise your insurance rate. In certain states, however, your insurer may not raise your premium for an accident if the damage is under a certain dollar amount.

Wind and Hail

As the most frequent causes of filed homeowners insurance claims, wind and hail account for 45.5% of claims.

A damage claim can be made when one party is responsible for damage to the assets or business operations of another. For example, if a company promises to deliver raw materials at a certain time but does not follow through on the promise, the purchaser can claim damages in the form of lost income.

“Accidental Damage due to Handling” or “ADH” means any direct and accidental damage including damage, accidental destruction that is externally visible and which prevents the correct operation of the Covered Device, Screen Damage, that occurs in the normal use of handling.