And, it points out, with a staggering £6.4 billion of tech having been lost, damaged or stolen on holidays over the last two years, this is a big risk to take.
Theft, of course, is always an issue. Gadgets are most likely to be stolen from hotel rooms in France, Italy and the USA, while holidaymakers are most likely to be targeted by pickpockets in Turkey, Greece and Spain.
However, there's the risk of accidents too - particularly dropping a gadget while walking, in the swimming pool or in the sea, or leaving it out in direct sunlight so that it overheats.
"The age of being able to easily rescue a water-damaged phone in a bag of rice is long gone, and with many flagship smartphones now costing more than £600, Instagramming by the pool or Snapchatting at the beach comes at a potentially enormous cost," says Rob Basinger, UK head of Protect Your Bubble.
"While our research suggests that Brits on holiday in Turkey are most likely to be pickpocketed and those in France are most likely to have gadgets stolen from their hotel room, thieves target distracted tourists everywhere."
In some cases, insurance claims can be pretty entertaining - for those of us that haven't experienced them, that is. Claims received by Protect Your Bubble in the last few years include "A monkey stole my phone whilst we were at a monkey sanctuary," and "I dropped my phone down a Portaloo at a donkey sanctuary and a member of staff had to fish it out," for example.
"Stay vigilant, look out for anything suspicious and keep your valuables secure and hidden when possible," advises Basinger.
"Ensure you have appropriate cover for your valuables, and double check any existing travel insurance policies cover all of your devices before you jet off."
Top Ten Weirdest Holiday Home Insurance Claims
Top Ten Weirdest Holiday Home Insurance Claims
The owner of a holiday home in Spain returned to inspect his property after he had let it to a group of young people in their 20s for two weeks, to find that they had created an indoor beach including sand and water to emulate the sea. The youngsters explained that the local beach “hadn’t lived up to their expectations”.
A slightly oblivious swan didn’t see what was coming his way. It was flying happily through the air, completely unaware of a set of high voltage power cables in its flight path which it duly hit. The swan had the shock of its life and dived straight for the roof of a holiday home underneath, crashing through the roof and leaving a massive hole in need of fixing.
At a holiday home in France, a cow walked over a swimming pool cover. As the cow was considerably heavier than the cover could hold, the cover broke and the unsuspecting cow took an involuntary dip in the pool; resulting in considerable damage to the pool and the need for a winch to rescue the distraught bovine.
Holiday guests staying in a Spanish property moved items of furniture from inside the holiday home they were renting, including a sofa, single bed and chest of drawers, into the shallow end of the swimming pool. The guests had been under the influence of alcohol when they’d decided to rearrange the furniture in such a way and claimed they "couldn’t remember" why they had done it.
A particularly passionate couple managed to not only badly scratch the wooden floor of their bedroom by causing the bed to move vehemently, but also caused the bed to break, as well as the bedside lamp and bedside table. The couple explained that all damage had been caused during one session of lovemaking and they apologised profusely.
Following a rental, a holiday home owner made a gory discovery; he found blood splattered all over carpets and walls. After further investigation, he discovered a makeshift cardboard coffin containing a pig’s head in the bin, suggesting that a sacrifice had taken place at his property.
A young couple tried to pursue a claim against the owner of their holiday apartment in Spain on the basis that both bed sheets and towels were "too hard" and caused scratches and irritations on the skin, which prevented them from using the pool and sunbathing comfortably.
A holiday cottage in Devon needed completely redecorating after the holiday guests had decided to have an indoor barbecue on the flagstone floor, as ‘the weather didn’t allow for having it outside’.
One unsuspecting holiday property owner in Italy was shocked to find out that his house had been turned into a brothel by his guests during a four week rental period, resulting in the need for a deep clean and replacement of soft furnishings.
A lady in her late 30s from Manchester sought compensation from the owner of her holiday home in Marbella as the gravel on the driveway "had wrecked" four pairs of her designer stilettos and forced her to replace them with new ones.