Recent figures, compiled by the UK's largest specialist gadget insurance provider protectyourbubble, reveal that 30 something gadget owners are worryingly neglecting to forearm themselves with insurance safety nets against damages, losses and theft of essential gadgetry like mobile phones, iPhones, iPads and laptops. The fact is that the insurance protection secured by 30-39 year olds significantly trails that of the 20-29 year old category. This highlights an astonishing lack of mobile phone and gadget protection amongst the group to whom affordable iPhone or laptop insurance is equally as critical.
Protect your bubble's figures, compiled from its own customer base in excess of 150,000 customers, reflect that 45% of 20-29 year olds of their customer base have secured specialist financial protection provided by the likes of laptop or mobile phone insurance. However, a mere 20% of their 30-39 year old Protect your bubble gadget insurance policy holders have done likewise. This might result from a broader acknowledgement by 20-29 year olds that potential damages, losses and theft of the gadgets on which they depend pose a very real risk.
"Our analysis shows that people under 35 years old are more than twice as likely to insure their gadgets than those over 35 years old", commented Paul Taylor, Head of Marketing at Protect your bubble. Whilst it is not possible to know exactly why, Paul had the following hypothesis: "Whether people over 35 believe they are not likely to break their phone, or whether they think that their home insurance covers for breakage we are unsure, but they are dangerously exposed to a big bill compared to the younger generation".
The age groups that might be less expected to be covered by gadget insurance are on a surprisingly even keel with 30-39 year olds. A total of 19% of under 20s, 50-59 year olds, and over 60s have taken up mobile phone, iPhone, iPad or laptop insurance policies on a stand alone basis, or as combined gadget insurance policies that cover as many items as required.
Furthermore, a *poll of 501 people aged between 18-64 in 2009 indicated that 50% of Brits have gadgets of a monetary value of up to GBP500 on their persons every time they leave their homes. Protect your bubble suggests that the 30-39 age group, currently not protected by gadget insurance, gives the matter some serious thought. It is not only their mobile phones and laptops that might cost them dearly in unforeseen circumstances. Quotes can be obtained via http://uk.protectyourbubble.com/gadget-insurance/ and they are reminded that the GBP500 estimate is a thoroughly realistic, if not a conservative one, when including gadgets like iPods and MP3 players, games consoles, satnavs, cameras and camcorders, and Bluetooth in the mix. This amount of GBP500 may even be greater in 2012 as we recognise that there is now a greater number of iPhone, smartphone, iPad and tablet owners compared to 2009.
Whether at leisure in pubs and restaurants, or on domestic or overseas business trips, 30-39 year olds without gadget insurance have more than their fair share to lose if they suffer damages, losses, or are targeted by thieves. Consequently, their remissness in terms of securing gadget insurance is a genuine cause for concern.
*Research carried out across 501 consumers aged 18-64 years old. Research undertaken by Aurora Market Research (May 2009).
Source:
http://computernewsarticles.com/computer_articles/2012/07/lacking-gadget-insurance-of-30somethings-threatens-financial-loss-290822.htm
