Insuring iPods, Cell Phones, Stereos, and Other Car Electronics Insuring iPods, Cell Phones, Stereos, and Other Car Electronics | Equifax Finance Blog

Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Insuring iPods, Cell Phones, Stereos, and Other Car Electronics

Written by Linda Rey on September 16, 2010 in Insurance  |   No comments

Insuring iPods, Cell Phones, Stereos, and Other Car Electronics We’re bombarded with information everywhere we go. Whether it’s a GPS, a BlackBerry, an iPod, an iPad, or a netbook, we expect our mobile devices to send information and receive it instantaneously. Mobile technology is just…

Insuring electronic devices-cell phone, iPod, and car electronicsInsuring iPods, Cell Phones, Stereos, and Other Car Electronics

We’re bombarded with information everywhere we go. Whether it’s a GPS, a BlackBerry, an iPod, an iPad, or a netbook, we expect our mobile devices to send information and receive it instantaneously.

Mobile technology is just that—mobile. You probably bring your gadgets everywhere you go, including the car.

Unfortunately, these items are probably not covered under your auto policy. Transportable belongings can be covered under your renter’s or homeowner’s policy only if you have off-premises theft coverage. These items would also be subject to a deductible.

How Can I Insure My Mobile Devices?

Insurance is mainly for catastrophes. You want to protect the ones you love (with life insurance) and your home (with homeowners insurance) and possessions (with contents insurance). If you want to protect from overall liability, you might buy an umbrella liability insurance policy.

With that in mind, small electronics should not be left in your vehicle if losing them would be a financial hardship. The premium might not be worth it for easily replaceable items.

Sometimes what’s more worrisome than losing the mobile device is losing the data on it—especially if it’s sensitive information that could compromise the identity of someone in your address book or hard drive. If your mobile device is owned by your company, check with your IT person on how your data can be encrypted in the event of a breach.

Having your data backed up is the only insurance you can have in these situations. There is no insurance that can help pay for lost data.

When Is Insurance for Mobile Devices a Good Idea?

Other circumstances do warrant paying for mobile equipment insurance. For example, a photographer or a musician whose livelihood depends on transporting expensive equipment will want to make sure that a business insurance policy also covers off-premises theft. Again, the claim would be subject to the deductible.

Deductibles usually range from $250 to $5,000. To figure out the best deductible for your needs, determine the total value exposed to potential loss as well as the values of each piece that could be exposed to loss at any time. Your insurance agent can help you value your mobile devices.

The deductible is set to make sure each policyholder self-insures or co-insures some part of the policy. The insurance company can then be comfortable knowing that you will take care to protect your mobile devices to insure against a loss.

Linda Rey is a licensed insurance agent at Rey Insurance with a broad spectrum of expertise in life, accident, health, property and casualty insurance as well as retirement planning and college funding strategies.

Follow Linda on Twitter.

Read More.

Flood Insurance: What to do Before, During and After a Flood

No comments yet

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.

Insurance Archive