What Should You Look for in MacBook Insurance?

With the price of a high-end MacBook being nothing to scoff at, it makes sense that many consumers are taking steps to insure their devices are using insurance policies. Although Apple typically provides warranties with all of their devices, it’s not uncommon for an incident to go uncovered by the manufacturer’s warranty. In such cases, having an ideal personal insurance policy is the best way to make sure your Mac is covered in the widest range of scenarios. With that said, here are some of the types of insurance policies you can use to insure a MacBook and what you should look for when comparing options:

Asking the Right Questions to Ensure Adequate Coverage

Choosing an insurance plan that will protect your MacBook won’t be incredibly difficult, but you should definitely take it more seriously than an average comparison – it’s not like you’re simply choosing the best alarm app for Mac – as you’ll be protecting your investment in the long-term. It’s a good idea to call and speak to prospective insurance providers over the phone in order to get a quick and tailored response to the most critical questions, a few of which we’ve listed below:

1. Will this insurance policy cover my MacBook, which is worth (insert retail value of your MacBook here)? – Be sure to thoroughly review exact coverage limits before deciding on a policy.
2. What kind of mishaps will this policy cover? Does it include coverage for theft, accidental damage, flood/fire, power surge damage, and vandalism?  – At this point the representative should give you a complete rundown of the coverage included, which you can also review by reading the policy’s terms and conditions.
3. Is there a deductible and, if so, how much is it and under what conditions would I have to pay it? – Forgetting to ask this question could leave you surprised with a high deductible unnecessarily if you ever have to make a claim in the future.

Deciding Between Homeowner’s, Renter’s, and Personal Insurance Types

Most homeowner’s or renter’s insurance policies will cover electronics, but it’s extremely important that you mention your MacBook on your list of insured items and reiterate the importance of its coverage when purchasing the policy. However, if you don’t plan on insuring anything else and you want something that is specifically tailored for insuring electronic devices, you may want to consider a more personal option that comes with a cheaper price tag, such as gadget insurance.

Policy Price vs Coverage

The most comprehensive insurance policies usually come with the highest price tags, and this rule of thumb remains applicable when you’re shopping for MacBook insurance. However, in the case of ensuring an expensive MacBook, it’s best to invest in the more expensive policies to make sure there aren’t any unforeseen coverage gaps, hefty hidden fees, or high deductibles to pay in the event a claim is eventually made in the future. Some of the most popular gadget/specialized insurance policies for the MacBook include AppleCare+ and SquareTrade’s MacBook warranty.

What Will an Insurance Policy Not Cover?

Keep in mind that the majority of policies will not cover certain kinds of damage, such as general wear and tear, corrosion/rust due to exposure to the elements, intentional damage, or other actions that void coverage such as replacing the original operating system.