Do You Need IPad Insurance?
There's no doubting Apple's iPad is a highly desirable piece of kit. But at 429 to 699, it does raise some serious insurance issues. Are you covered against theft, loss or damage?As always with insurance, if you genuinely believe that there's little chance of losing or damaging your iPad, and if you wouldn't feel too much financial pain buying a new one, insurance isn't really an issue. For those of us who are a little more accident prone, live in less than idyllic areas, or simply aren't lucky enough to be able to come up with another 500 or so without any problem, it's worth considering the possible benefits of iPad insurance.The Apple WarrantyApple does offer some degree of cover: it protects the device against technical defects for the first year. That doesn't really make much difference as consumer law would probably hold you could expect the iPad to work without problems for this period of time anyway.What's significant about the standard Apple warranty is that it doesn't cover accidental damage. In particular, Apple usually specifically exempts any problems caused by liquids, so if you spill a cup of coffee over your iPad, you are screwed.Home InsuranceYou will already have some degree of coverage for accidental damage at home, or theft through a burglary. The things to watch out for with the iPad are the excess and the per-item maximum. The excess is the amount of any claim which you have to cover yourself, meaning it is deducted from any payout. In some policies there may be an individual excess for high-value items such as an iPad.You may also find your policy places limits on the payout for an individual item and that this could be below the replacement price of an iPad. In these circumstances you may be able to cover the iPad's full replacement price by paying an additional fee on top of your standard premium.It's very important to note that unless they states otherwise, home insurance policies do not cover damage outside the home, which is significant with a highly portable device such as an iPad. Some policies do cover items outside the home but require you to detail the specific items, while others require an additional premium to cover such items.Is The iPad A Phone Or A Computer?You may need to check with your insurance provider to see how they classify the iPad. There are reports that different providers have classed it as a phone, a computer, or an entirely new category. This could affect the relevant excesses and limits which apply.iPad Specific CoverThere are a host of companies offering dedicated iPad coverage. The specific coverage varies greatly, and premiums range from around 30 to just under 100. Depending on your home contents policy, this may work out better value than paying an extra fee to extend your household insurance (assuming that is an option), but don't assume that dedicated iPad insurance is necessarily the best value option.If you do look for a standalone iPad policy, the points to check carefully include the excesses, whether accidental loss is covered, whether the policy has an extended warranty included (to cover against technical problems), and whether the policy allows you to take the iPad abroad.