If you are like most people, you have succumbed the world of technology, and you probably own at least a couple of the gadgets that dominate today’s society. Whether it is a cellphone, iPad, tablet or a laptop, it is pretty close to impossible for the average person to survive even a few hours without their trusted gadgets. When you consider the fact that so much of who you are is tied to your trusty little devices, you should probably put some thought into how you should go about protecting them.
The size and the portability of things like digital cameras, GPS devices, and cellphones make them prone to theft. Just think about this for a moment, what would you do if you lost all of your pictures, your contact list, or all of your files? Could you afford to replace any one of your devices immediately should the unthinkable happen? Protecting your devices with gadget insurance is the best way to secure your investment, and ensure that you will be able to resume your lifestyle as soon as possible should one of your devices be lost or stolen.
Evaluate What You Already Have
If you have recently purchased a device, you might have purchased an extended warranty to go along with it. If this is the case you will need to carefully read through your warranty information to ensure that it is going to give you the type of coverage that you really need. Often times extended warranties cover mechanical malfunctions, and physical damages, but oftentimes they fail to cover occurrences of theft.
You may have never considered the fact that your credit card company could possibly have provisions listed in your terms of agreement that offer a form of gadget insurance. Most people don’t even consider this as an option but it certainly is worth taking a look to see if your credit card company or bank has extended this type of security to you. If you find that your devices are covered, make sure that the coverage offered is going to suit your needs.
Some Things to Consider
If you find that you need to purchase an additional policy for your devices, there are a few things that you need to consider. You should first think about your specific needs, for instance, if you are a busy professional that travels for work you would probably need a policy that includes 24 hour guaranteed replacement and phone call cover as a part of your gadget insurance coverage, and you will want to give some consideration as to the cost of this type of coverage.
If you decide to add your gadgets to your home insurance policy keep in mind that your coverage may cover your devices in the specific case of theft, but it may not include accidental damages, so there may be an additional cost for that. You may also want to have a discussion with your agent to determine the additional cost that you will incur, because if the cost of adding your gadgets to your home insurance policy is going to nearly equal the cost of the device, then you may want to consider other insurance options.
Dedicated Gadget Insurance
If you have the appliances in your home covered by a home warranty policy, you should check with your insurer to see if they have a separate policy that is specific to gadgets. Many of the home warranty companies have started offering these types of policies, and they will often cover devices like laptops, cellphones, and tablets regardless of their age for a nominal monthly fee.
A piece of mind is something that you will never be able to put a price tag on, and gadget insurance offers that. A combination of a good insurance policy to cover your devices, protecting your data by using the cloud and external data storage mechanisms, and taking the time to back up your files, music, contacts, photos and other valuable information will offer you all of the security that you will ever need.