The 21st century has been deemed the era of technological advancement ranging from scientific equipment to the average mobile phone app. Thousands of tech gadgets are thrown our way on a weekly (and possibly daily) basis, and keeping updated requires constant attention to the IT industry. The laptop is one of the most traditional gadgets and it is rare for any person to not own this type of computer. A simple example of its importance in daily life is that students will utilise laptops for lecture note-taking instead of the traditional pen and paper option of yesteryear. Of course, having a laptop is ideal but what happens if the laptop is stolen or lost? This article will provide the top reasons as to why you should purchase laptop insurance.
What Is This Type Of Insurance?
Laptop insurance is, well, insurance for a laptop computer. It is an essential item that will guarantee the gadget’s protection should it be lost or stolen. Many laptop purchases present with one or two year warranties, but by buying insurance for a laptop you can be certain that you will receive some compensation in the event of theft or loss. Contrary to popular belief, this type of insurance is relatively inexpensive and there are numerous types of policies available to suit all budgets.
What Are The Reasons To Buy Insurance For A Laptop?
1. A money-saving purchase
Cost is always an issue when considering a purchase of any kind and many people prefer to avoid buying items (including insurance policies) if it “takes a part of the budget, man”. By buying insurance for your laptop computer, especially the more expensive laptops, you will be making a long-term investment. Do not make the common mistake of assuming that the household items policy will cover a laptop as a single claim made under this policy often negates the ‘no claims’ bonus. Furthermore, the insurance company will expect the claimant (you) to pay the majority of replacement costs which can be much higher than a simple inexpensive laptop computer insurance policy rate.
2. Covering All The Bases
As is mentioned, manufacturers tend to offer warranties as part of initial laptop purchases as a marketing strategy to increase sales. Think about it, you are more likely to purchase a laptop offering a two-year warranty than one with a six-month option. Unfortunately, even the most beneficial and effective warranties have limitations and will only cover specific claims, such as malfunctions and specific damage. It is rare that a warranty will provide coverage for any theft or loss claims. However, insurance policies for laptops provide coverage for all these factors including loss, theft, damage, accidents, and even the possibility of flaws in the laptop manufacturing.
3. Easy And Convenient Purchasing Methods
In previous years, finding effective insurance for laptop computers would be a tiresome task. To locate the most beneficial option required many hours of consulting insurance companies and comparing the different brands using brochures and information from interviews. Nowadays, the use of the internet has made locating a suitable insurance company far simpler and more convenient. By using technologically advanced online comparison tools you are able to complete the entire comparison procedure in one or two clicks. All you will need is the relevant information and, hey presto, the online tool will provide you with the best alternative for your insurance needs.
Of course, it is always recommended that you take a moment to read reviews and testimonials from previous clients once a specific insurance company has been identified. While the company may offer the most beneficial policy, according to the online comparison tool, it is advised that you identify their level of customer service before making any commitments.
Purchasing a laptop can be an exciting experience; however, ownership requires some additional considerations with one item being insurance coverage. By using the information above you will be able to make an informed decision as to whether or not insurance for your laptop is suitable for your needs. Remember, warranties can only assist with a certain amount of difficulties and household insurance policies may not be useful. It is only with laptop insurance policies that you can be sure you are fully covered.