Trōv is rolling out its on - demand personal property service in the US . The service , which is already available in Australia and the UK , will be launched in Arizona and expanded across the country throughout the summer . As part of the roll - out , Trōv is piloting a new service that will reduce a customer 's premium ##s as the item they insure depreciates in value . The company , which is owned by Munich AG , is also increasing the list of products it insures – from consumer electronics to musical instruments .
Trōv is rolling out its on-demand personal property insurance in the US. The service, which is already available in Australia and the UK, will be launched in Arizona and expanded across the country throughout the year. As part of the roll-out, Trōv is piloting a new service that will reduce a customer's premium payment as the item they insure depreciates in value. The company, which is underwritten by Munich Re, is also increasing the list of items it insures – from consumer electronics to musical equipment.