What is the insurance coverage for my Robinhood account?

3 answers

• Dec 24, 2021 · 3 years ago
  Certainly! Robinhood provides insurance coverage for its customers' accounts through the Securities Investor Protection Corporation (SIPC). The SIPC provides protection for up to $500,000 in securities, including a $250,000 limit for cash. This coverage applies in the event that Robinhood fails and assets are missing from your account. It's important to note that this insurance does not protect against investment losses or market fluctuations. If you have any further questions, feel free to ask!
  500250
• Dec 24, 2021 · 3 years ago
  Hey there! When it comes to insurance coverage for your Robinhood account, you're in luck. Robinhood is a member of the SIPC, which means your account is protected up to $500,000 in securities, including $250,000 in cash. This coverage is there to safeguard your assets in case Robinhood experiences any issues. Just remember, it doesn't cover any losses you might incur from your investments. If you need more details, don't hesitate to ask!
  442148
• Dec 24, 2021 · 3 years ago
  Absolutely! The insurance coverage for your Robinhood account is provided by the SIPC. In the unfortunate event that Robinhood fails, the SIPC steps in to protect your account. This coverage includes up to $500,000 for securities, with a limit of $250,000 for cash. It's important to understand that this insurance is meant to protect against the loss of assets, not investment losses. If you have any more questions about this or anything else, feel free to ask!
  463116