In modern homes, connected devices and electronic equipment have multiplied spectacularly. Computers, latest-generation TVs, high-end soundbars, gaming consoles, smart kitchen appliances, tablets, smartwatches, and home automation systems are now part of our daily lives. While we know the price of our major purchases, we almost always underestimate the cumulative value of our entire tech setup. In the event of a total loss (such as a fire or water damage), this underestimation can result in a dramatic financial loss.
The accumulation effect: how a few items reach thousands of euros
We rarely calculate the total cost of our tech purchases over the long term. However, the addition is quick:
- A mid-range OLED TV with its soundbar: €1,800.
- Two family laptops: €2,000.
- A game console with controllers and a few games: €700.
- Smartphones and tablets for the whole family: €2,500.
- Smart appliances (robot vacuum, high-end coffee machine): €1,200.
Adding these items up, we frequently exceed €8,000 in technology value, without even counting furniture or clothes. If your standard home insurance contract caps the reimbursement of electronic equipment at a low overall amount (which is common), you will not be covered at the real value of your assets.
How wear and tear reduces your payout
In the event of a claim, the expert applies a wear and tear deduction to high-tech equipment, estimating that its value decreases rapidly over time. To counter this and obtain fair compensation, you must be able to provide clear purchase invoices showing the exact date of acquisition and the price paid. SafeInventa helps you track and inventory all your electronic equipment. Thanks to automatic anonymization and Zero-Knowledge encryption, you protect your invoices and serial numbers without fearing for your privacy, and you are ready to justify every cent to your insurer.