Posted by Sam at December 10th, 2006

I remember my bank/insurance company (yes, they are the same) offering me something about renter’s insurance. I researched it a little on their website and decided to get a policy. This is something that was recommended by people who own high end phones as an alternative to the $6/mo phone insurance that Cingular offers (and, in fact, they wouldn’t even cover my last phone because it was too expensive and prone to breakage).

So I called up my insurance company and took out a $5000 personal property plan with a $4000 computer-specific option. So if any of my computers are stolen, damaged, or even if they get a virus, they will be covered up to $4000 with $0 deductible. If any of my other stuff gets stolen or broken (camera, cell phone, etc.) it is covered up to $5000 with a $250 deductible.

How much does all this cost? Surprisingly little, actually. It’s a little over $100 a year. Remember the $6 phone insurance plan? For about twice as much money per month you can have all your computers and other personal property covered. That’s a pretty good deal in my book - but of course we’ll have to wait and see how easy it is to make a claim when and if the time comes.

It is nice to know that my carputer is covered from theft. Despite all my security measures, it is still nice to have insurance to fall back on.