Why Your Business Needs Computer Insurance | Covered Insurance

Covered Insurance provide this information on ensuring you have the right computer insurance in place. Find out more about computer insurance here


What Is Computer Insurance?

Computer insurance covers your business in the event that, due to unforeseen circumstances, your equipment is no longer in a suitable working condition. You can rest assured that if the worst does happen, you’re covered.

Computer insurance policies cover:

  • Theft

  • Loss of equipment

  • Financial loss caused by damage

  • Cyber-attacks

  • Equipment breakdown

  • Denial of access

Does My Business Need It?

Imagine you’ve just got to the office after a relaxing weekend to find that your workplace has been broken into and your technology equipment has been stolen. Without Computer insurance you will struggle to replace the items like-for-like.

If you’re extremely lucky, you may have spare equipment at hand. But if like most businesses you don’t, then any downtime due to stolen or broken equipment is going to have a detrimental effect on productivity and profits.

Taking out Computer insurance means that you don’t have to put your business in that position.

Why Computer Insurance Is Vital

In this fast-paced environment you want complete piece of mind that your technology is protected for every eventuality.

Reasons to insure your Computer equipment include:

  • In the event of a fire – Computer insurance will help you get back on your feet.

  • If your property is lost or stolen – Outcomes vary on a case-by-case basis, but ordinarily if your equipment can’t be recovered it will be replaced or an alternative of the same value will be offered.

  • If the equipment is damaged – If the item can’t be repaired, it will be replaced like-for-like or with an equivalent model.

Potential Risks

In this ever-changing world technology is in high demand and susceptible to attack. Don’t risk operating without Computer insurance – the consequences could be devastating.

The potential risks of not insuring your technology include:

  • Operational downtime

  • Loss of profits

  • Data breach

  • Reputational damage

Protect Your Computers

Don’t leave your business open to risk. Computer insurance provides a high level of cover in case the worse happens.

Contact Covered Insurance Solutions today to discuss how we can help protect your all-important technological assets.