So I talked to my home owners insurance agent about covering my MBA. She said they have accidental coverage for $30/year. This covers all accidental and water damage. If you go with Squaretrade, it is $349 for 3 years. So if anyone is looking for cheap water/accidental damage, go see your insurance agent.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
State Farm Insurance
- Thread starter Poopsie
- Start date
- Sort by reaction score
No all insurance companies offer this type of coverage. You have deductibles in both cases.
Also, be careful that filing a claim for you computer does not impact you claim history for your home. Too many claims definately impacts premiums.
Exactly. You do NOT want this insurance to be tied to your home owners policy. I assume it is not, but you had better make sure. Anything that is likely to be lost/stolen/broken should be on separate policies (i.e. Jewelry, portable electronics, etc.). The last thing you want to do is have your laptop replaced and your coverage on your house get dropped. Getting insurance on your house after your coverage has been lost is VERY expensive.
It is a completely different policy, IT IS NOT TIED TO MY HOMEOWNERS POLICY. It does not go against claims on my account, it does not have a deductible. I am careful as most of us are, so if it gets used once, fine. If you are prone to using it numerous times, probably not a good option. But for the price to be protected, and NOT HAVING IT TIED TO YOUR POLICY, its perfect.
I have this same policy. It's called a "personal articles policy" and covers the replacement cost of the notebook for accidental damage, etc. with a $250 deductible. It doesn't cover manufacturing defects, but if you purchased the computer with a credit card, often that doubles the manufacturer's warranty.
Just becareful and ask for a copy of the underwriting language. Keep in mind just because you pay for insurance it does not mean they will pay. State Farm like other companies are successful for the claims they deny not the claims they pay.
I've had good luck over the years with them. Remember, they are a mutual insurer (i.e. owned by their policyholders). Also, if they never paid claims, no one would ever buy insurance.
This is in general good advice, but these companies are successful for the claims that aren't filed, not necessarily for filed claims denied.
Insurance
Have had the Personal Articles Policy for years. Had a camera stolen and the agent wrote me a $1500+ check on the spot. No deductible. I have no complaints with State Farm.
Have had the Personal Articles Policy for years. Had a camera stolen and the agent wrote me a $1500+ check on the spot. No deductible. I have no complaints with State Farm.
i have the personal articles policy for anything I own thats expensive and portable. Watch, Air, Camera-lenses. Its piece of mind at least
Buying insurance after the fact and expecting to be reimbursed for the water damage would be considered fraud.
