- Best Overall: Worth Ave. Group.
- Best for Multiple Policies: Asurion.
- Best for Low Premiums: Securranty.
- Best for New Devices: SquareTrade.
- Best for Older Devices: Upsie.
Is laptop insurance worth getting?
The short answer is likely yes. Of course there are caveats, like if you buy a secondhand or old laptop that's not actually worth that much - then the cost of insurance ends up being a waste. For everyone else, which is likely most people, a laptop is an expense which needs cover.3 Apr 2019
Does insurance cover laptop?
Yes, whether you or someone else accidentally damages your laptop, unless it was through blatant neglect, insurance can typically cover it.
How much does laptop insurance cost?
Your laptop insurance premium will depend on the type of coverage, deductible, and protection you choose. Most individual policies range from $28 to a few hundred a year. For instance, policyholders who choose longer coverage terms or those who opt for higher deductible amounts tend to have lower premiums per year.
Should you get insurance on your laptop?
If you're lucky, your laptop and other electronic devices are covered by your renter's or homeowner's insurance policy. Typically, this means your devices are covered against theft, fire, and defacement. That's why it might be a good idea to get a separate device insurance.6 Sept 2021
Is it worth getting accidental damage cover for laptop?
For those who have important files and data that they store in their laptops and for those who have expensive laptops that are supposed to last for at least 5 years, accidental damage protection is worth it because you want to keep your files and data safe and you want to maximize the money you paid for such an
Should you pay for laptop warranty?
Just save the money. A manufacturer's express (limited) warranty is typically good enough that if something breaks down in a short amount of time, they'll do you better than repair an item—they might replace it completely. It's always worth contacting the manufacturer.
How does insurance work for laptops?
How does laptop insurance work? Laptop insurance policies cover common perils, such as theft or damage. They will reimburse you for your financial losses up to policy limits. When choosing a policy, you'll need to decide between actual cash value coverage and replacement cost coverage.
Can I claim for a broken laptop on contents insurance?
An accidental damage policy added to your contents insurance can offer cover for: Accidental damage to your laptop, mobile phone or smartwatch at home. A TV that's been physically broken.11 Feb 2021
Does laptop warranty cover accidental damage?
Accidental Damage is any damage due to an unintentional act that is not the direct result of a manufacturing defect or failure. Accidental damage is not covered under the standard warranty of the product.6 Jan 2022