This insurance pays for the loss, damage, destruction or theft of personal effects owned by you while in transit, or while in any hotel or any other building, en route anywhere in the world, on water, land or in the air.
Maximum coverage - $1,500 (CAD) per person or $3,000 per family.
While sightseeing in San Francisco, a family of four stored various personal belongings in the trunk of a relative’s car. When they returned to the car later that day, the rear passenger window had been broken and their items had been stolen. Police were contacted immediately and a report was made. The owner of the vehicle did not hold content or homeowners insurance.
Without Baggage Insurance, the family’s out–of–pocket costs would have totaled: $456.00.