How to Claim the Value of Misplaced or Stolen Bags From Your Travel Insurance Company?

Planning for a trip? What if something wrong happens during your travel? How to manage such a troublesome situation? Plan for a hassle free journey with a comprehensive travel insurance policy and take a look at the given below tips to stay prepared. Proof of Ownership: Insurance companies will refuse to compensate the loss caused due to misplacement of your valuable belongings without a proof of ownership. The best way is to keep the original receipts of each of the items that you will carry while traveling. But sometimes it is not possible to keep the receipts of all items, therefore this can't be an option always. Insurance companies are not your enemies. They are always ready to cover you for most things like baggage, important documents, clothes, toiletries, etc, but without the proof of price, you will be paid only a part of the original replacement cost. These days, every individual has a digital camera. It is better to take photographs of all the items you are taking along with you. Get the model and brand where possible. Detail all such information in a spreadsheet. Scan all manuals, receipts, warranty cards, or tags. You can get the claims after coming back home but it is recommended to email all the photos, scans and spreadsheet to any online email id such as gmail of hotmail so that you can claim even when you are away from your home. Replacement Cost: Generally, auto or home insurances work by replacing old items with the new ones. However, travel insurance does not work like this. In travel insurance, you will be offered the cost of the lost goods after depreciation. Stolen Luggage & Police Reports: When something is stolen during a journey, the travel insurance company will not pay you the loss unless you show then the proof. A police report can be considered as a proof but if such incidents occur on an aeroplane or cruise ship, you will have to show a statement from the company. Making a police report can be difficult in certain countries. For this service, a certain fee might be required. If the charge is less then pay it to avoid any hassle. However if they demand larger amounts, take help from your embassy. You can also ask the tourist police who are best to approach in this matter. Unattended Baggage: Generally a travel insurance policy for overseas will not cover for goods left unattended. Although such instances don't happen as you would not leave your bags in random places but unattended is usually described as being left in an unlocked place or with someone you don't know. Common scenarios are left luggage at hotels or hostels, or with tour companies. Now you can buy travel insurance policies online. But make sure that the coverages it offers fulfill your needs. Also remember to buy from a reputed insurance company in order to enjoy an easy claim process.