How To Save Money On Laptop Accidental Damage Policies
When purchasing a new laptop computer from Lenovo, you are offered the opportunity to upgrade the base warranty and add on a Laptop Accidental Damage Protection Policy.
This added Protection Service will help to protect your new IBM Lenovo Thinkpad from accidental damages such as:
Accidental spills
Drops and Falls
Electrical Surges
Did you know that you can save money by bypassing the manufacturer's Laptop Accidental Damage Protection policy and purchasing laptop insurance from an independent insurance provider.
One such provider is a company called Squaretrade. Squaretrade is the nation's largest provider of warranty policies, designed to meet the demands of computer, electronics, and high-tech equipment owners. Squaretrade has been in business since 1999 and is the only laptop warranty provider that is consistently rated 5 stars by consumers.
You can get a quote for the cost of laptop insurance coverage via an online form.
The cost will vary from state to state but generally seems to run around $50 for 1-year of insurance for a $1,000 laptop.
Coverage includes fix, repair or replacement due to physical damage due to
mechanical and electrical failures occurring from normal use.Their Laptop Accidental Damage Protection Policy coverage is available for certain electronic items and must be bought at the time the warranty is purchased.