Comparison Of Laptop Insurance

Just think of the problems that may be caused if you broke or had your laptop stolen! You needed to finish that urgent project , or maybe you had important emails to reply to, you know many reasons why you can’t be without your Laptop.

It must be really upsetting. Many people every year find themselves in this head bangingsituation.

Your new Laptop might be stolen, damaged or just plain broken due to an accidental drop on the floor, or maybe knocking your Pepsi Max over the keyboard.

How quickly could you be back with a functioning Laptop, and how much is the replacement going to cost ?
Laptop Insurance is a powerful tool to help you quickly resolve this situation fast, but how do you know you are getting the best cover at a price that represents great value as well?

To answer that, first you need to decide what is important to you and consider what you’re likely risks are, basically a risk assessment for your Laptop..

Let’s break it down a bit, into bite size chunks, , if you never travel with your Laptop – maybe you just use it at home, sometimes in the lounge, sometimes in the study - then it is unlikely you are going to need international cover as part of your Laptop Insurance. So in this instance it would be fair to assume you are probably not going to need loss cover either (a Laptop is not something you are likely to lose behind the fridge, or accidently throw it in the bin)!

But what if you fell off your bike, with your Laptop smashing down on the ground? You need your Laptop insurance to be able to protect you for this kind of accidental damage.
You would not want to have to commit insurance fraud (break the law) by lying on your claims form, you would want to make sure that accidental damage is included in your Laptop Insurance cover.

So outline what elements of cover do you think you will need. For example,

Do you require loss cover?
Do you require international cover?
Do you require water damage cover?
Do you require accidental damage cover?
Do you require theft cover?

It may seem clear to you that you need certain elements of cover, rather than others, but just consider the list above. Some people might feel more at risk of theft than water damage, while others may find international cover far more important.

For example, compare a travelling salesman with a Swimming Pool Service Man (who might be servicing the pool system controls). The latter would obviously seem more at risk of water damage than theft.

It would be fair to say Laptop Insurance can be broken down into five areas, let’s take a quick look at each area:

Theft Cover:
This is the most obvious risk for your Laptop. You Laptop is a desirable high value item which is very portable and easy to sell on for thieves. Anything that is worth a lot and can be carried away is a prime target. Consequently, this is the most common element of most Laptop insurance policy claims and most insurance companies include theft cover as standard.

Loss Cover:
It would appear that almost no provider offers loss cover. It is most likely it would result in too many claims and be too risky to insurance companies.

International Cover:
Many providers will protect you for one or two months per year outside of the UK.

Water Damage:
Water Damage is a nasty piece of work when it comes to failing Laptop computers, but, unfortunately this is not a common element of cover in many Laptop insurance company’s policies . How many times has a cup of tea or class of orange juice been dangerously close to spilling over your Laptop keyboard?

Accidental Damage Cover:
Sadly again for the Laptop, this is a common need for insurance. You are walking down the stairs and your Laptop bag gets knocked out of you hand and falls down on the rest of the flight of stairs. This is a relatively common element of most Laptop insurance policies, so make sure it is included in your Laptop Insurance.

Theft Cover:
Theft is probably the main reason people consider insurance for. You Laptop is a very portable, high value item. Anything that is worth a lot and can be carried while running away is a prime target for thieves. Consequently, this is the most common element of most Laptop insurance policies.

After browsing the market, if you need all of the different elements of cover, then the Supercover Laptop Insurance is, to the knowledge of this author , probably the only Laptop insurance policy available that will meet all of your needs, excluding loss, which no one seems to offer cover for.

If you do not need to protect yourself for all of these eventualities, you can find slimmed down levels of protection for your Laptop with your local insurance broker, or in your search engine.

Click to learn more about Supercover Notebook Insurance.