Whether it's part of a homeowners insurance policy or a renters policy, personal property insurance provides coverage for a wide range of belongings, but special high-cost items like hearing aids typically either aren't covered at all or are inadequately covered. Due to this, many insurance carriers will sell you a separate rider that more fully protects your hearing aid, while other companies will sell you completely separate coverage.
Documenting the Hearing Aid
However you choose to insure your hearing aid, you will need to prove that you have it if you want it to be covered. You will need documentation of basic information about it, such as its model number, serial number, and purchase date and price. Some insurers may also require that your audiologist inspect the hearing aid and certify both its existence and its condition.
Adding to Existing Policy
If your main policy doesn't specifically exclude hearing aids, yours may already be covered. In that instance, you would just need to have proof that you owned it. In addition to looking to see if hearing aids are covered, look to see if your policy includes "off-premises" coverage. If it doesn't, your hearing aid will only be covered while you are at your home. Also, if you use your primary coverage for your hearing aid and you lose or damage it, the replacement will be subject to your home's main deductible.
Purchasing Scheduled Personal Property Riders
You can cover your hearing aid by buying an additional policy, sometimes called a rider, that goes with your main personal property insurance. This policy covers only specifically listed, or scheduled, personal items. It's the same type of insurance that you might buy for firearms, valuable jewelry or collectibles. Riders also offer separate coverage and separate deductibles from your main policy, and may also cover events that your main policy wouldn't.
Dedicated Hearing Aid Insurance
If your existing personal property insurance provider won't cover your hearing aid, you also may have the option of purchasing a separate specialized hearing aid policy. These types of insurance can protect you against loss, accidental damage or breakage. Some will even cover repairs on out-of-warranty hearing aids, as long as they are in good working order.
Hearing Aid Warranties
Your hearing aid may come with a warranty, typically offering one-year coverage. But you may not want to rely on this warranty as comprehensive insurance. Warranties may cover faulty workmanship or factory defects, but they don't cover loss, repair or water damage.
Steve Lander has been a writer since 1996, with experience in the fields of financial services, real estate and technology. His work has appeared in trade publications such as the "Minnesota Real Estate Journal" and "Minnesota Multi-Housing Association Advocate." Lander holds a Bachelor of Arts in political science from Columbia University.