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 . Trōv’s insurance policy is already approved in 44 states, and the personal property product is actually the company’s second service for the U.S. market. 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 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 .