Up until 10 years ago our computer ownership/usage was not that common.  Our cell phones looked like a Zach Morrison’s phone in Saved by The Bell and we probably carried it in a bag the size of a woman’s purse. Printers and copiers were enormous and extremely expensive and you would almost never find one in a home.  If you were lucky your parents had satellite TV (you remember, the dish in the back yard that you had to play around).  But today we use an unbelievable amount of electronic gadgets in our homes.  For example, in my own home you would find:

• two desktop computers with monitors
• two laptop computers
• 1 printer
• one combination fax, scanner, copier
• three TVs
• 1 VCR
• one digital video camera with tripod for our home recording studio
• two DVD players
• two iphones
• one satellite TV system with a 24″ dish on the roof
• two ipods

You may not have that many but I know some who have even more.  Electronics have boomed over the last ten years as the price for them has decreased just enough that the average Joe can afford them.

But are your electronics covered?  If something happened would you be able to turn around and replace them all?  There is a lot of misinformation today regarding electronics and how it is treated by insurance companies. Most people seem think their homeowners or renters insurance policies will cover their electronics.  WRONG…and unfortunately they won’t usually find out their wrong until they submit a claim.

Sure, some of the property is covered, but there are limits and exclusions that would shock you! And don’t forget that your policy deductible will also apply.

The reason I bring this all up?  I’ve found the solution.  I have our electronics insured thru Worth Ave Group.  After reading thru their site and saw that they’ll cover us against against accidental damage, fire, flood, theft and even natural disasters for a full calendar year, I was sold.  They were also cheaper than the rest companies selling electronic coverage.  Some of them wouldn’t insure our iPhones because they weren’t brand new, some wanted to sell me warranties instead of insurance (not a good idea) and the list goes on and on.  So, anyway, check out Worth Ave Group and see what you think.

Can you imagine where we’re going to be in another 10 years?