How insurers handle electronics in 2002
- Your computers are customarily categorized in a lump under “Computers” with a single total value of coverage. You will be expected to send your insurer a complete inventory of all computer hardware and software at least annually in order to support value as well as to facilitate later claims adjustment.
- Laptops at this time cannot be specifically scheduled. But you should list them on your inventory.
- Most insurers are now insisting on a $2,500 laptop deductible; they simply do not want to be insuring these high loss items. Laptops are disappearing with some rapidity.
- Computers in transit are getting harder to insure as theft claims are dramatically on the increase.