Laptop Insurance is a special type of insurance that is meant to protect your laptop and associated peripherals should something happen. This includes printers and depending on your insurance could include other external components as well software applications. The majority of insurance companies have very strict policies about what is and is not covered under their laptop insurance.
For instance, the insurance company will pay for total loss due to accidental damages. If your laptop was stolen from your locked car this means your insurance should cover it. However, if your car was unlocked at the time of the theft it would not be covered. Accidental damage means that you did what you could to protect your laptop, but it was still damaged.
Other things that are not covered by insurance include viruses, gradual breakdown of your laptop, damage that you inflict upon your laptop, or the loss of your laptop due to it being left in a particular place. If you purchase insurance for your laptop, it is generally assumed that you are a responsible laptop user and are hoping to be protected yourself from the unknown.
If laptop insurance sounds like something you need you should be hesitant before jumping right in and choosing a company to insure your laptop. There are many things you need to consider, to make sure you are getting what you pay for. First, as with any insurance, you need to determine the deductible. If your laptop was inexpensive and your deductible for your insurance is high, it may not be worth getting the insurance at all.
Next you should determine what the insurance agency considers to be peripherals. Is your laptop insurance going to cover anything that you use on your laptop or are only certain items covered? If you travel you need to find out if there is a particular coverage area for your laptop insurance to be active. Is your insurance active at home and at school or if you take it on a trip? Even if you have worldwide coverage, you should inquire about where theft of your laptop is covered. If it is covered from a locked car but not one that is unlocked, what are the limitations in homes and other areas?
Each insurance company is different so you have to check into their policies before choosing the right one for you. Pay special attention to the information dealing with claims. What do you have to show proof of to receive a payment from your insurance company? Do you need a receipt alone or is a serial number required? If the laptop suffered damages and needs repair, do they have a list of acceptable service centers or do you have the option of choosing your own? Furthermore, will you receive a replacement laptop until yours is fixed?
Some of these questions may seem unnecessary before purchasing your laptop insurance, but when it comes time to cash in you will be glad you asked and chose the perfect insurance to suit your needs.
