Which Are The Best Laptop Insurance Options?

Are you looking for the best laptop insurance?

Compare top providers like Worth Ave. Group, Asurion, Securranty, SquareTrade, and Upsie for coverage, costs, and additional benefits. Protect your investment against damage, theft, and more.

Laptops come with a hefty price tag, making it essential to consider the best laptop insurance to safeguard your investment, especially given their indispensable role in our daily routines.

Best Laptop Insurance
Best Laptop Insurance

For instance, for self-employed individuals relying on laptops for work, any damage or loss could bring productivity to a grinding halt.

When selecting a laptop insurance plan, it’s crucial to scrutinize coverage details, policy limits, and any exclusions.

To assist you in this decision-making process, here are the top five laptop insurance options for 2024 based on factors such as cost, coverage, and usage scenarios.

An Infographic Of Best Laptop Insurance

Top 5 Best Laptop Insurance Options

  1. Best Overall: Worth Ave. Group
  2. Best for Multiple Policies: Asurion
  3. Best for Low Premiums: Securranty
  4. Best for New Devices: SquareTrade
  5. Best for Older Devices: Upsie

Worth Ave. Group

Worth Ave. Group offers laptop insurance with costs varying by state, starting at $37 per year.

They provide additional coverage for educational laptops with unlimited claims.

The insurer stands out for its wide coverage range, including accidental damage, theft, and extended warranty coverage, along with high customer satisfaction and partner retailer discounts.

Pros

  • Unlimited claims
  • Coverage available for educational laptops
  • Potential premium discounts through insurance partners

Cons

  • Claims paid out at replacement value
  • Doesn’t cover theft from unattended vehicles
  • Premiums may be higher compared to other options

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Worth Ave. Group’s standard plan covers various perils such as theft, vandalism, power surges, cracked screens, and spills for all laptop models, new or used.

Policies are available nationwide, and quotes can be obtained online or through customer service.

Premiums depend on state, coverage amount, and policy length, with a $100 deductible for online quotes.

Claims can be submitted online or via mail/fax.

Asurion

Asurion offers laptop insurance at $24.99 per month with the option to bundle other devices for additional coverage.

They allow claims up to $5,000 annually and provide email updates on the claims process, along with 24/7 technical support.

Technicians typically complete most laptop repairs within two days.

Pros

  • Email updates on claims process
  • 24/7 technical support
  • Quick laptop repairs

Cons

  • Only one coverage option available
  • Does not cover loss or theft

Asurion’s Home+ plan allows bundling of electronics for a single monthly fee, making it convenient for multiple policies.

While coverage excludes loss or theft, it includes perils like power failure, cracked screens, spills, and normal wear and tear damages.

Policies are available nationwide and can be purchased through Amazon or Asurion’s website.

The Home+ plan costs $24.99 per month, with coverage starting 30 days after enrollment.

Claims can be filed online through Asurion’s website.

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Securranty

Securranty offers laptop insurance starting at $98 per year, with unlimited claims and coverage for all laptop models.

It is chosen as the best option for low premiums due to its competitive pricing and discounts for longer terms and multiple policies.

Pros:

  • Discount for multiple policies
  • Coverage for new and refurbished laptops
  • All models covered

Cons:

  • Clunky online purchase form
  • Higher deductibles for used and rebuilt laptops
  • No choice in deductibles for individual policies

Headquartered in Houston, Texas, Securranty is a licensed insurance agency established in 2011, providing extended warranties and insurance plans for adults and K12 settings nationwide.

Policy tiers include accidental damage and coverage against loss, standard perils, and theft.

Quotes can be obtained online or by phone.

Policyholders can file claims 24/7 through their account or by contacting customer service.

SquareTrade

SquareTrade offers a two-year laptop insurance plan for $59.99, covering spills and liquid damage, with a limit of up to $5,000 in claims annually.

It is chosen as the best option for new devices due to its coverage of common accidents like spills and liquid damage from the first day of coverage.

Pros:

  • Some claims may be approved instantly
  • Multiple deductible options available
  • Coverage starts on the day of plan purchase

Cons:

  • Policy for new laptops only covers those purchased within the past 30 days
  • No option for in-person repair from approved technicians
  • Standard plan does not cover theft

Established in 1999, SquareTrade partners with companies like Allstate to provide laptop insurance to major retailers such as Costco.

Their plans include standard protection for mechanical failures and accident protection for drops and spills.

Policies cover all types of new laptops if purchased and registered within 30 days.

The online purchasing process is simple, with options for coverage length and deductible.

You can file claims online by providing purchase details and the laptop serial number.

However, SquareTrade does not protect against loss or theft.

Upsie

Upsie provides laptop insurance starting as low as $41.37 for two years, with unlimited claims and coverage for used and open-box items.

It is selected as the best option for older devices due to its low deductible and coverage for refurbished laptops.

Pros:

  • Low deductible
  • Unlimited claims
  • Option for in-person repair or shipping to Upsie’s certified repair center

Cons:

  • 31-day waiting period
  • Plans only effective after manufacturer’s warranty expires

Technicians typically complete most laptop repairs within two days.

The online quote process requires details such as device type, brand, purchase price, and plan length.

Coverage includes screen cracks, spills, and power surge damage.

Policies are available nationwide, with prices ranging from $41.37 to $321.01 depending on the laptop’s purchase price.

You can file claims by calling customer service 24/7.

Final Thoughts

In the realm of laptop insurance, Worth Ave. Group emerges as the top choice overall, offering a comprehensive array of coverage options surpassing its competitors.

This encompasses protection against laptop theft and accidental damage, coupled with extended warranty benefits and discounts through partner retailers.

With a track record of high customer satisfaction, Worth Ave. Group stands out as a reliable option.

Comparison of the Best Laptop Insurance Providers

1.Worth Ave. Group

  • Best Overall
  • Cost: Varies by state, starting at $37 per year
  • Limit on Claims: Unlimited
  • Additional Coverage: Educational laptops

2.Asurion

  • Best for Multiple Policies
  • Cost: $24.99/month
  • Limit on Claims: Up to $5,000 annually
  • Additional Coverage: Can bundle other devices

3.Securranty

  • Best for Low Premiums
  • Cost: Starting at $98/year
  • Limit on Claims: Unlimited
  • Additional Coverage: All laptop models covered

4.SquareTrade

  • Best for New Devices
  • Cost: $59.99 for two years
  • Limit on Claims: Up to $5,000 annually
  • Additional Coverage: Spills and liquid damage

5.Upsie

  • Best for Older Devices
  • Cost: As low as $41.37 for two years
  • Limit on Claims: Unlimited
  • Additional Coverage: Used and open-box items
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