THURSDAY, JANUARY 25, 2018
President Trump is arriving in Davos, Switzerland today to attend the World Economic Forum. But what would happen if the Secret Service lost his luggage carrying his Brioni Suits and red ties?
If President Trump has a renters or home insurance policy, it would be covered by insurance as both policies replace personal belonging lost anywhere in the world. But let’s take a look at President Trump's chances of possessing insurance coverage to replace his personal belongings.
Obviously, the Trump family does not own the White House, they are just guests. They probably don’t own Trump Tower nor Mar- A- Largo as I’m sure he’s set up corporations that own the properties to shield him from liability and for tax purposes. So if he doesn't own the homes than he probably doesn't own an a home insurance policy.... maybe he has a renter’s insurance policy which would provide coverage for his personal belongings lost on his way to Davos Switzerland.
Or….maybe…. he is just self-insuring his lost possessions which is the most likely scenario 😊