Food for thought - Insure your computers!!

[Ed_S]

With the spring storm season just around the corner, it seems like a good time to share this info.

Last year I checked into my homeowners insurance limits on computer equipment. Found that the policy only covered $3000.
Also found out that additional coverage was DIRT CHEAP.

$25.00 annual for $8000 additional.
Replacement cost coverage of all equipment, comp., printers, monitors, etc. The works.
Theft, vandalism, storm and lightning damage, etc.

And yes, I did tell them that I'm a hobbyist with several machines which come & go. Didn't make any difference.

May never need it, but worth the price for peace of mind.


Hope this is useful to someone!!!


uhhh - Gene, I doubt it covers gunshot wounds!! http://www.sysopt.com/forum/biggrin.gif http://www.sysopt.com/forum/biggrin.gif

[RobRich]

Great info as most computer users and hobbyist never check this out. With many companies, there is a cap limit on computers, so know what it is. Thanks for dropping this tidbit, since that reminds I need to check and see how much my current company will insure.

[plucky duck]

Yeah, especially for those who are natural-disaster prone.

flood...
earthquake....
hurricanes...
tornadoes....
theft.....
volcanoe eruption...
lightning....

negligence???
Don't know if they'll cover that.


Plucky

[Banti]

plucky,

There is no negligence coverage... but between the earthquake, tornado, and lightning, somehow your chip got overclocked and fried your entire system. http://www.sysopt.com/forum/smile.gifj/k http://www.sysopt.com/forum/smile.gif

Banti

BTW This is meant as a joke. I am in NO way condoning this kind/or any kind of insurance fraud...hence the http://www.sysopt.com/forum/smile.gif followed by a j/k followed by another http://www.sysopt.com/forum/smile.gif

[This message has been edited by Banti (edited 02-29-2000).]

[U-96]

Another insurance trick to watch for is that you are covered for CDs, tapes, LPs, CDROMs, DVDROMs, VHS tapes, books or any other media that you can build up a large and expensive collection of.

Many policies insist the you take out a "collection" policy for this stuff, as if you had a valuable stamp collection. Just think of the cost of replacing your games or music.... for me it would run into thousands, and I also have 400+ books that I really wouldn't want to have to replace, many are out of print.

U-96