Could Posting on Social Networks Cost You Your Insurance Coverage?

It is not a good idea to post too much information about when you will be vacationing on Facebook, Twitter or other social networks. Particularly if your insurance company thinks the way two Danish insurers do, and that is if you post your vacation plans on a social networking Internet site, and your home is robbed, you risk losing any claim of compensation.

"I would advise people not to write about their holiday plans on Facebook,’ Susanne Møllegaard, the head of loss control at insurance company TopDanmark, told news bureau Newspaq. ‘It is common that people post something like “Yes, we’re off to Lanzarote for three weeks.” But thieves are keeping an eye on both Facebook and Twitter. It’s a general trend we’re seeing at the moment.’‘
This sort of information may affect your right to receive compensation if your home is burgled,’ Nils Peder Kolby, the press officer at financial services group Alm. Brand Forsikring, told Newspaq. ‘If you write that you’re in your summer house in Skagen, this wouldn’t be regarded as gross negligence.  But if you tell your friends where the key is or what the code of your alarm is, that would be another matter. If that were the case, you couldn’t be sure your claim would be covered by your insurance policy.’

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Oram Security
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