Home & Family5 Reasons You Should Consider Insuring Your Electronics

5 Reasons You Should Consider Insuring Your Electronics

Have you ever had an electronic device such as a television, cell phone, or laptop computer break before you were ready to buy a new one? If so, what did you do? Did you try to get it repaired? Or maybe you just gave in and spent money you hadn’t planned on spending. There is a better way to handle these situations and save yourself money: Insure your electronics. If you aren’t sure how this will benefit you, check out these five reasons why you should consider insuring your electronics.

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Image via Flickr by frankieleon

Most Homeowners’ Policies Don’t Cover Electronics

Most homeowners’ policies are great about covering your electronics if your home is broken into and items are stolen or if there is a situation in which your home is damaged and your electronics are damaged as well. But homeowners’ policies typically don’t insure broken or damaged electronics if the damage that occurred was not associated with damage to your home.

Warranties Don’t Usually Cover Damage

Although many electronics come with warranties, they don’t include protection against damage or issues that arise after a specified time frame. In fact, most warranties are only for the purpose of protecting the consumer from faulty electronics that fail to work from the moment of unpackaging. So if you drop your laptop and it stops working, your warranty may not cover the damage.

Insure All Electronics

While your other insurance policies won’t protect you against damage to your electronics, an electronics specific insurance policy will protect you. In fact, it will cover all of your electronics, including televisions, laptops, tablets, cell phones and more. Verify your coverage with your insurance company.

Coverage Starts on Day One

Whether you are buying homeowners insurance, car insurance, or electronics insurance, you want your coverage to start from the moment you buy your device, because accidents happen: You could walk out of the store, drop your brand-new cell phone, and shatter the screen. And if you have electronics insurance, you won’t feel as if you just lost the money you spent. Instead, you will have your cell phone replaced in no time.

People Like You Appreciate the Protection

In the past, people didn’t carry electronics with them. They might have had a purse or bag with keys and a wallet, but today it is common to see people carrying a smartphone, a laptop computer, or a tablet. It is these people, people like you, who truly appreciate the protection that electronics insurance provides them. Just check out the comments that people post on Assurant Review, and see how happy they are with the ease, convenience, and protection they get with electronics insurance.

Now that you know how great electronics insurance is, it is time to shop around and find the best deals for your insurance policy. Compare rates, coverage, and customer reviews, then purchase the plan that is right for you. You will be grateful that you planned ahead when you drop your cell phone and crack the screen or when your favorite television begins acting up.

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