Computer Insurance

Computer insurance

Protecting computer and electronic equipment means more than just protecting the individual PC or laptop.  Your business is exposed to a number of additional risks that we can help to cover with a specialist Computer Insurance Policy designed to provide a wide range of computer specific cover and additional benefits.

Benefits of your policy

More than computers

Provides cover for loss of or damage to computer equipment and portable computer equipment. The range of equipment that can be accommodated within the policy is extensive.

Computer equipment includes Hardware, Fixed Disks, Interconnecting Wiring, Air Conditioning and Cooling Equipment, Generating and Voltage Equipment, Satellite/Telecommunications Links and Computerised Telephone Exchanges, Electronic Access Equipment, Temperature and Humidity Recording Equipment.

Reinstatement or nearest higher capacity meaning that you’re put back into the position you were in before the claim, or if the particular item isn’t generally available, the next best model. Our Insurers operate with expert claims advisers to ensure swift claims resolution to get you back up and running as quickly as possible.

Temporary Removal of equipment from your premises is available to provide cover as follows:

  • Equipment anywhere in Europe
  • Portable Equipment worldwide
  • Data Carrying Media worldwide

These flexible cover options mean you have the freedom to use your computer equipment as required by your business safe in the knowledge that they’re fully covered.

Cover for additional expenditure to avoid or reduce interruption to your business following

  • Breakdown, loss of or damage to computer equipment, portable computer equipment, data carrying media
  • Denial of access to your property
  • Accidental failure of the;

a. electricity supply
b. internal distribution wiring
c. telecommunications

If you suffer a loss as described above, it’s not just the replacement cost of the computer equipment that needs to be addressed. It’s likely that you will incur additional expenses, perhaps for renting temporary equipment, whilst the claim is settled. Cover is available for these costs too.

Important! Provides cover for the costs of reinstating data following loss or damage including by

  • Virus and similar mechanisms
  • Malicious persons (often referred to as ‘hackers’)

Imagine that the computer equipment in your business has been damaged, destroyed even. Insurers pay to replace the equipment but who pays for the IT Company to reinstall all of the software and data backups? Many standard commercial policies won’t cover these costs. Computer Insurance policies will. Many IT companies charge £500 and upwards per day and the reinstatement costs can therefore be extensive.