Best Laptop Insurance Of 2023

Laptop insurance protects you if your laptop is stolen, lost, or damaged. While they sometimes market it as gadget insurance, many ordinary homeowner’s insurance policies include coverage. 

Laptops stolen or damaged because of covered risks such as fire, water, or some other form of natural disaster are covered.

Laptops are costly, and insurance may be worthwhile, especially since they are an important part of our everyday lives. 

If you’re self-employed and are used to being on your laptop for work, for instance, your productivity would completely stop if your laptop broke down.

When selecting a laptop insurance plan, consider what it truly covers, policy limits, and any coverage restrictions. 

To assist you in making your decision, there’s a top-five list of laptop insurance policies based on price, coverage, where you use your laptop, and more.

Let’s review some of the best Laptop Insurance of 2023.

But first:

Check Out 7 Easy Ways to Get a Free Laptop

Why Get Laptop Insurance?

Your computer’s standard warranty ought to cover the manufacturer’s flaws. However, Progressive’s Phone and Electronic Device Insurance by Worth Ave. might cover what your warranty doesn’t.

Liquid spills, power surges, broken screens, and theft are all common occurrences that could send your computer to the electronic graveyard far sooner than expected. Computer insurance can help you protect your investment.

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What Does Laptop Insurance Cover?

Progressive’s stand-alone computer insurance policy covers dangers (laptop theft, vandalism, fire damage, and more) as well as unexpected accidents like:

  • Damage caused by water (including liquid spills and submersion)
  • Dropping or stepping on your laptop can cause damage—lightning-caused power surges.

While your renter’s or homeowner’s insurance may cover your laptop against dangers, it will not cover the personal injuries that computer insurance will cover.

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What Laptop Insurance Doesn’t Cover

Laptop insurance doesn’t cover all things. Some of these exclusions are:

  • Computer viruses
  • Wear and tear or corrosion
  • Software issues
  • Blatant neglect

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Best Overall Laptop Insurance Of 2023

Worth Ave. Group

Worth Ave. Group takes the top spot because it provides the most comprehensive coverage for accidental damage, theft, and extended warranties. It also boasts a long track record of exemplary customer satisfaction and discounts from partner retailers.


  • Advantages Inexhaustible claims
  • Coverage for educational laptops is available.
  • Insurance partners may offer a discount on premiums (like Progressive)


  • They compensate claims at replacement cost.
  • Theft from unattended automobiles is not covered.
  • Premiums are higher than those on the list.

Laptop insurance is available from Worth Ave. Group for adults, college students, and K-12 students. Because it covers the greatest range of risks we’ve encountered and has a long history of excellent customer satisfaction, it stood out as the best overall.

The insurer only has one laptop insurance plan, but it covers a wide range of risks, including theft, vandalism, power surges induced by lighting, cracked screens, natural disasters, and spills.

How Does It Work?

Policies are available for all laptop models, including new and old ones, and are available countrywide. You can request a quotation by filling out their online application form, which requires you to provide information such as your state of residence, user type, coverage amount, and insurance term.

Before purchasing insurance, contact customer support at 1-800-620-2885 or ask questions via live chat.

The cost of your policy will vary depending on your state of residency, the length of your policy, and the amount of coverage you need. For example, if a Louisiana person wants $500 worth of coverage for a one-year term, they can expect to pay $48 if they pay annually.

A Florida resident will pay $37 for the same coverage. However, all quotes from their website will be subject to a $100 deductible.

Policyholders can submit a claim online by logging onto their policy page, going to the claims center page, and filling out the required information before submitting it. Another alternative is printing the claims form and mailing or faxing the completed document.

Best Laptop Insurance For Multiple Policies Of 2023


Asurion differentiates by offering a policy that can be combined with other equipment in your home for an affordable monthly charge or can be purchased separately.


  • Receive email updates on the claims process and technical help 24 hours a day, 7 days a week.
  • They complete most laptop repairs in two days or fewer. 


  • There is only one type of coverage available.

How Does It Work?

Because of their ability to package additional equipment for one monthly charge (also known as their Asurion Home+ plan), Asurion took the top spot for multiple policies.

Furthermore, you can gain coverage from Amazon simultaneously with your new laptop. Asurion, which was founded in 1994 and had offices all over the world, has a high customer satisfaction rating.

Although it does not cover loss or theft, it does cover dangers such as power outages, cracked screens, spills, and damage from natural wear and use.

If you opt for the Asurion Home+ plan, you may purchase insurance through Amazon or their website—no need to gain quotations.

The Asurion Home+ plan is $24.99 monthly, with coverage beginning 30 days after enrollment. Drops and spills, shattered screens, and hardware malfunction are all covered by different laptop insurance plans. Policyholders can file a claim by going to Asurion’s website.

Best Laptop Insurance For Low Premiums Of 2023


We’ve found that Securranty has the best costs for individual coverage. Additionally, policyholders receive a discount for purchasing longer terms and a 10% discount when purchasing two or more policies.


  • Offers a discount if you purchase many policies.
  • New and refurbished laptops are covered.
  • All the models are covered.


  • The buying form on the internet is usually clumsy.
  • Used and rebuilt computers have higher deductibles.
  • Deductibles will not be a choice in individual policies.

How Does It Work?

We chose Securranty as the best option for affordable premiums because it offers a variety of discounts, including savings for purchasing many policies.

The insurer, based in Houston, Texas, was founded in 2011 and is a registered insurance agency offering extended warranties and insurance policies.

The company provides insurance for adults and students in K-12 settings, with two plan categories for accidental damage and loss, standard dangers (such as a fire), and theft coverage.

Policies are available across the United States, and you can get a quotation by filling out information on the company’s online form—warning: it’s not very user-friendly—or phoning 1-832-304-2015.

The cost of insurance varies depending on the type of laptop and the period of coverage—it does not rely on the value of your laptop, which is unusual.

For example, a one-year accidental damage policy for a new laptop costs $29.95 per year, while a five-year plan for the same coverage costs $19.95 per year.

Policyholders can submit a claim by logging into their account or phoning customer care.

Best Laptop Insurance For New Device Of 2023


SquareTrade is ideal for new laptops since it covers spills and liquid damage from the first day of coverage, one of the most prevalent mishaps.


  • Some claims may be allowed right away.
  • There are a variety of deductible alternatives to choose from.
  • Coverage begins on the day they purchase the plan.


  • New laptops are only covered under the policy if they were gained within the last 30 days.
  • There is no option for in-person repair by approved technicians.
  • Theft isn’t covered under the standard plan.

SquareTrade provides some of the most significant overall protection, a simple online claims process and optional add-ons to their regular plan.

This insurer, founded in 1999, works with larger businesses like Allstate to provide laptop insurance to major retailers like Costco.

Remember that SquareTrade does not safeguard your laptop from loss or theft, which is a tremendous disadvantage.

How Does It Work?

Their plans include:

Standard protection: When your manufacturer’s warranty expires, the said plan comes in, protecting you against mechanical issues, including power supply burnout and screen breakdown.

Accident protection: besides what is covered in the regular plan, this plan provides coverage beginning the day you gain your policy and includes incidents such as drops and spills.

The insurer covers all kinds of new computers as long as they buy them and register within 30 days of purchase, making it the best alternative for new laptop owners.

The online purchase process is quite simple: choose the laptop’s purchase price, preferred deductible, and coverage period.

After you must have entered your personal and payment information, you’ll be left with three days to register your plan (this is optional). If you ever need to file a claim, this saves you time when you do so.

Policies start at $79.99 for a two-year coverage with a $25 deductible and go up to $39.99 for a three-year policy with no deductible.

To register a claim, you go to their claims page and fill out the required information, like the details from your purchase receipt and the serial number on your laptop. 

Best Laptop Insurance For Older Devices Of 2023


This company makes a list because it’s one of the few that protects used, open-box, or reconditioned computers. Compared to other providers who cover old computers, it also has a low deductible.


  • Low deductible
  • There isn’t a limit to the number of claims you can make.
  • You can repair it yourself or send it to Upsie’s approved repair center.


  • There is a 31-day waiting time.
  • Plans take effect only when the manufacturer’s warranty has expired.

How Does It Work?

Upsie, a relatively new firm that began operations in 2018, is best for older gadgets because it is one of the few companies that cover used and open-box items.

Getting a policy quote is straightforward. You’ll need to supply information like the type of gadget, brand, whether it’s new or used, purchase price, and plan length on their online application form.

You can choose between a two- or three-year plan, with a $25 deductible on all options. Screen cracks, accidental spills, and power surge damage are covered.

Policies are available nationally, with premiums ranging from $41.37 for a two-year policy to $321.01 for a three-year policy, depending on the cost of your laptop.

You may be eligible for coverage if your laptop was gained within the last 60 days and has a 30-day seller’s warranty. Most laptop brands are supported.

You can only file a claim by calling 1-877-844-7745, open 24 hours a day, 7 days a week.

Frequently Asked Questions (FAQs)

What does laptop insurance cover?

Laptop insurance extends beyond typical homeowners insurance and manufacturer’s warranties to cover frequent hazards. Examples are power surges, spillage, theft, accidents, vandalism, and damage. Up to the policy limits, the insurance company will reimburse you for financial losses, such as replacing a stolen laptop or fixing a damaged screen.

Why should I get a laptop insurance?

Whether you can afford to replace or repair your laptop depends on your financial situation. These devices are costly, and replacing them can be substantial. Furthermore, this sort of insurance covers you where your manufacturer’s warranty and homeowners insurance will not. Manufacturers’ warranties, for example, normally last up to a year and may exclude coverage for damage caused by power surges or accidents. A laptop insurance policy is excellent for people who desire coverage beyond those 12 months or for risks not covered by their manufacturer’s warranty or house insurance policy. If you travel frequently or use your laptop in a public place, it’s a smart idea to get a theft insurance policy.

What does the Homeowners insurance cover?

Homeowners’ insurance covers some covered dangers, such as fire, theft, and covered natural catastrophes. They cover this under your policy’s personal property provision. However, home insurance may not give coverage in some circumstances, such as damage caused by power surges. Except for those caused by lightning, most home insurance policies will cover damage caused by a power surge. They also won’t cover it if you drop it or if it breaks down abruptly.

How much does laptop insurance cost?

The type of coverage, deductible, and protection you select will determine the cost of your laptop insurance. Individual plans typically cost between $28 and a few hundred dollars annually. For example, policyholders who pick longer coverage terms or higher deductible levels typically pay cheaper annual premiums. Your laptop’s worth or purchase price is another factor that may influence premium rates.


For laptop insurance, it’s crucial to know what kind of coverage you want. While all the businesses listed above provide coverage for dangers such as mechanical breakdowns, spills, and broken screens, not all of them provide coverage for theft and loss.

If you need that level of protection, remember that your policy rates may be higher.

Finally, Overall, we recommend Worth Ave. Group for its extensive coverage, but Securranty is also a viable option for those on a tight budget.


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