Hi all, just a thought about the laptop insurance that is free for the first month. Is it "opt in" or "opt out" after the first month. i.e. would you have to ring up and cancel if you don't want to continue with it ?? And if it's the "opt out" scenario how would the payments be taken/authorised if you haven't contacted them ?
Free Laptop insurance
- Thread starter daveeb
- Start date
SmokeDarKnight
Author Level
Hey Daveeb,
I dont recall anyone ever talking about it here, but it probibly comes down to personal preference. My own laptop is actually covered under my house insurance instead. I know that some companies will ask you to nominate items over a value, think mine is £1,200. but my laptop is a bit less than that. You can call your home contents insurance company to get a quote or you could call PCS of options on their insurance if they are offering it.
Hope this helps
I dont recall anyone ever talking about it here, but it probibly comes down to personal preference. My own laptop is actually covered under my house insurance instead. I know that some companies will ask you to nominate items over a value, think mine is £1,200. but my laptop is a bit less than that. You can call your home contents insurance company to get a quote or you could call PCS of options on their insurance if they are offering it.
Hope this helps
Thanks all. The information supplied about the insurance (via the the "info" tab on the configurator) suggests that if you don't want it when the month is up then you ring up and cancel. This suggests that you are in some sort of agreement with them, which then made me wonder (as mentioned by Keynes) how they would take payment if you didn't cancel. I concluded that it was, therefore, an opt in arrangement rather than an opt out one and i was just looking for clarification if anyone had used it or canceled it. I've no intention of actually signing up for it, but a month free (provided there are no strings attached) isn't to be sniffed at.
SmokeDarKnight
Author Level
Yeah, have you ever been stung by curries? They have sold me 5 products and by the 3rd i realized what they were doing.
Buy the product, offer free month of aftercare then second month takes off a payment of £X then call up to cancel. They never told me that it was reoccurring and now when they say free month i say no thanks.
I wonder how much money they have made from that.
I believe that's what they are depending on ie. you not noticing it or not cancelling it.
SmokeDarKnight
Author Level
Well said Keynes
Hear Hear!
Definitely the case, most folks home insurance covers just about everything they have! Although the only advantage to having some products covered elsewhere is that if something untoward occurs you won't need to claim on your house insurance (depending on excesses etc.) A big tip is to consider how much the insurance is vs how much the item will cost in say.. a years time. Often the insurance costs a significant percentage of the items value and in those cases might not be a great idea!