Many others will also be super excited by the launch of the new iPhones, especially the 10th anniversary version, the 'X' (pronounced 10).
However, at over £1,200, I wonder what this will do to insurance cover - and not just home and contents. Many policies have a single item limit of £1,000. But how will this now work?
Travel and gadget insurance will need to change to cover such an expensive single item too.
When travelling recently, I was very surprised to see that my travel insurance by default had excluded any gadgets and I needed to add them manually. When you start to add up the cost of all of the things you travel with, it's pretty surprising. Let's take a family of four as an example;
- 2 x iPhones
- 1 DSLR camera
- 2 iPads (maybe More)
And this alone could be nearly £5,000. It will be interesting to see how carriers react to this or how many people will declare their new single items over the usual limits.