Valuables in the swimming pool: protection through household contents insurance in the event of theft?

Valuables in the swimming pool: protection through household contents insurance in the event of theft?

According to a report by www.morgenpost.de, a current article deals with the question of how household contents insurance covers the theft of valuables in the swimming pool or at the lake. It should be noted that the insurance generally protects against robbery, extortion and burglary, but does not cover simple theft from your pocket.

With regard to the impact on the market and the consumer, the lower level of insurance coverage for simple theft requires consumers to take particular care in securing their valuables at seaside resorts. This could lead to an increased use of lockers in outdoor pools and lakes, or to consumers generally taking fewer valuables with them to such places. In addition, alternative ways to hide valuables, such as storing items in everyday items, could be used more frequently.

It is therefore expected that demand for more secure storage options at seaside resorts could increase, potentially leading to investments in secure locker systems or other security measures. In addition, alternative products for the safe storage of valuables in such locations could also increase in demand, which in turn opens up new market opportunities for relevant providers.

Overall, it can be expected that the lower insurance coverage for theft of valuables at seaside resorts will potentially lead to changes in consumer behavior and may also create new market opportunities in the area of ​​secure storage of valuables.