Event
UK launches first home robot insurance
1 reports · 1 sources
Tokio Marine HCC International has partnered with Adrian Flux to launch a policy it calls "the UK's first home robot home insurance," underwritten by TMHCCI and sold to UK customers through Adrian Flux's home insurance channel. The policy covers damage to and theft of the robot itself, sudden damage caused by the robot to the home or belongings, personal liability for injury or property damage caused by the robot, and emergency recovery or safe shutdown after a sudden malfunction. The two companies say the product is intended to support the development of this emerging customer market. The report mentions that home robots are already available for pre-order in the US at $20,000, and are expected to enter UK households in 2027.
Report timeline
- Tokio Marine HCC International and Adrian Flux launch UK's first home robot insurance
Tokio Marine HCC International has partnered with Adrian Flux to launch the UK's first home robot household insurance policy, underwritten by TMHCCI and sold through Adrian Flux's home insurance channel. The policy covers damage to and theft of the robot itself, sudden damage the robot causes to the home or belongings, personal liability if the robot injures someone or damages property, and emergency recovery or safe shutdown after a sudden malfunction. In the US, a home robot is already available for pre-order at $20,000, and the UK expects them to enter homes in 2027.
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