USAA Personal Computer Loss Coverage

Basic Coverage

Both homeowner's insurance policies and renter's insurance policies from USAA provide basic coverage for personal computers. For example, the computer is usually covered through a basic insurance policy in the instances of:

• Fire damage
• Water damage from a flood
• Complete loss through theft
• Damage resulting from vandalism

Basic coverage covers both desktop PCs and laptop computers as long as the member's policy is sufficient. This is why it is so important to have sufficient insurance coverage whether you rent or own your home. If you pay an insurance premium for $20,000 worth of coverage and then experience a fire or flood which wipes out all your belongings, you will only receive $20,000 even if your personal property far exceeds that amount. As the saying goes, you get what you pay for.

Additional USAA Personal Computer Loss Coverage

USAA members can purchase additional computer loss coverage policies for relatively low monthly payments. For example, purchasing $3000 worth of additional computer coverage on a renter's policy is only going to add a few dollars per month to the policy payment. Coverage amounts for computer loss coverage policies start at $3000 and range all the way up to $10,000. Additional coverage for these policies include:

• Damage from dropping the computer
• Damage from spilling a drink on the computer

Policyholders who spend a lot of time toting a laptop computer from one place to another can certainly appreciate the additional coverage, since dropping a computer or spilling a drink on the computer can happen to even the most careful of people.

With additional USAA personal computer loss coverage, there is no deductible to pay for repairs or replacement costs as long as the cause of the problem is covered in the insurance policy.

Basic versus Extended Coverage

How do you decide if you need additional insurance coverage for your personal computer? Representatives at USAA can assist you in deciding if an additional policy is a good idea for you. You may also want to ask yourself a few questions about your personal computer usage:

• Do you use your personal computer for work-related tasks?
• Do you own a very expensive computer?
• Do you move often?
• Do you use your computer constantly?

Although you may have a homeowner's or renter's insurance policy that is sufficient to replace all your belongings including your personal computer, you may still want to consider an additional computer coverage policy if your computer is a vital tool. If you find that you don't go anywhere without your laptop tucked under your arm then that's a relatively good indication that you should look into additional computer coverage.

Get a Quote

Only members are eligible to purchase a personal computer loss coverage insurance policy through USAA, so if you are not yet a member you will first want to check and see if you are able to join. Membership is open to:

• Active duty military members
• Military Reservists
• National Guardsmen
• Children of military members
• Children of USAA members

Contact USAA through their website or by calling 1-800-531-8080. USAA is highly regarded as an industry leader for insurance products as well as other financial services. Upon becoming a USAA member you will automatically be eligible to apply for some of the other products offered through this company including banking, lending, and financial planning.

If you are not eligible for membership with USAA then contact your current insurance provider and ask about available coverage policies to protect your computer. Most insurance companies offer similar programs for personal computers in addition to computers used for business purposes.