Hiscox adds drone, cyber cover to home insurance

Specialist insurer Hiscox said Aug. 18 that it is including drone cover and optional personal cyber insurance to its home insurance product in the UK and Ireland.

The re-launched 606 home insurance product includes additional optional cover designed to protect customers against online threats to their computer networks, laptops, tablets, mobiles and personal programs.

In addition, the product covers drones up to the amount insured for contents, physical loss or physical damage to the policyholders drone, as well as cover for damages if the policyholder’s drone causes bodily injury or damage to the property of others.

The home insurance cover also offers increased single item limits and enhanced building and renovations protection. Additional protection covers up to £100,000 for buildings works, materials and supplies for use on works to extend, renovate or build the policyholders home against physical loss or physical damage.

Increased item limits offers cover up to £50,000 for unspecified single fine art items and up to £25,000 for unspecified single valuable items.

Justin Gott, head of art and private client at Hiscox UK and Ireland, commented: “We’re constantly working to improve our products and ensure they meet the evolving needs of our brokers and their customers. Our expanded cover takes into account new and emerging risks, such as drones and personal cyber risks, and means we can continue to deliver against our promise to provide market-leading products in those areas where we have deep expertise, backed up by our powerful brand and fantastic claims service.”

Get the latest re/insurance news sent to your inbox every day -  Sign up to our free email newsletters

Today’s stories

MS Amlin CFO leaves company after 18 years; successor revealed

Crawford & Company appoints LatAm regional head

Euler Hermes unveils new CEOs for Southeast Asia and China

Talanx subsidiary launches E&S lines carrier HDI Specialty

Travelers Lloyd’s syndicate backs Fiducia marine expansion

Barcelona-type terrorist attacks boost travel cover demand

Don't miss our insurtech email newsletter - sign up today