Times are tough and changing. In a country where buying a smartphone is no more a luxury, it is still not a once-in-six-months buy product for a general middle-class person. Talking about laptops, well, it is still a part-luxury product for many.
Hence, more and more people are taking charge of the security of their expensive devices. Especially, taking into consideration how these electronic gadgets put us in utter despair by ditching on us anytime without prior notice. Hence, much like the other essential elements of our lives, getting the electronic gadgets insured has become a priority.
Now when it comes to choosing the perfect insurance plans and a reliable insurance company, people get crumbled into thoughts. You must have done your research about the best mobile insurance company in India, but little is known about the companies that serve insurance plans for other gadgets too.
Making the process much easier and hassle-free for you, here is the list of most reliable companies and their insurance plans for your laptops, smartphones and tablets.
1. MobileAssist
MobileAssist is an insurance company which is extremely reliable for the protection of your phone. It assists in protecting the phone and data in cases of loss, theft and damage. The company arranges for doorstep pick-up and drop service for damage repairs once you call them up and register a complaint. The company offers three plans according to your device amount and features offered in each plan.
This company has a reputation for offering the best insurance plan for mobiles. The plans are only offered over the phone when a customer dials the helpline number.
Plan: The basic plan starts from Rs 599 for smartphones, covering all sorts of damages.
What’s more: MobileAssist delivers a temporary phone in case if it’s lost or damaged.
2. SyskaGadgetSecure 
The tagline of Syskagadgetsecure goes, “Whenever life happens, you remain unaffected”. This company specializes in niche mobile insurance services. The premium offering of this company is ‘gadget secure’ in which it promises complete security and protection against accidental damages of any kind; be it water damage, theft, loss or fire damage.
Plans: The Company has introduced 5 plans recently depending upon the price of the mobile. Among all the plans, one plan is exclusively dedicated to Samsung mobiles. To give you an idea about the price range, here is a chart:
If the mobile price between Rs4000 to Rs10000, choose Rs599/- year plan. Rs1999 / year is the maximum and the last plan in the series for mobile costing between Rs25001 – Rs60,000.
Please refer to the complete list of policies laid out by Syskagadgetsecure if you are planning to use their services. Syska’s list of services and policies are comprehensive to choose from. Also, pay attention to the exclusions under which you are not eligible for any warranty.
What’s more: They also provide anti-virus solution and free pick-up and drop service for the gadget if any repairs are needed.
3. WarrantyAsia
WarrantyAsia is based in New Delhi; the company has tie-ups with several manufacturers of electronic gadgets apart from proving mobile insurance plans. The company is providing insurance for mobile phones and tablets from Apple; Samsung; Sony; LG; Karbonn; Micromax; HTC; Lava; Xolo; Videocon; Alcatel; Panasonic; Gionee; Oppo; Xiaomi; and any other manufacturers that provide 1-year warranty.
Currently, the plans offered by this company are a bit complicated in the sense that policies are laid down with several terms and conditions. For example, the company won’t provide any assistance if any damage to your screen or touch display takes place in first fifteen days of purchase of the device. Hence, it is quintessential to go through all the terms and conditions if you plan to use WarrantyAsia’s services.
Plans: The insurance plans of WarrantyAsia are also based on the price of the handset. WarrantyAsia is popular for having best insurance plans for mobile, particularly.
The plan starts from Rs349 for handsets priced between Rs1500 to Rs5000.The most expensive plan costs Rs4299 – it covers handsets priced between Rs45001 to Rs56000 and more.
The unique factor in WarrantyAsia’s services is that the insurance claims are based on the number of days you have used the handset for.
If you claim for a loss/damage within the first 15 days of purchase then the company will provide:
- 75% of the repair bill (if the damaged components are repairable)
- 65% of the handset price (if damaged components are not repairable)
- 55% of the price of the handset (if mobile is stolen, this case has to be supported by a FIR copy).
What’s more: please find the details about the plans on WarrantyAsia’s website. They have extra charges like service tax on the total amount, service charges and other miscellaneous charges on each plan.
4. SyncNScan
Another well-known mobile phone insurance company is SyncNScan. It provides protection against damages like water damage, accidental damage, and fire damage, theft during the riot or any malicious change. The company also provides the facility of you being able to automatically backup your mobile data and restore, track and delete viruses and spam, access your phone remotely and many other such safety features.
Plans: One can buy a plan over the phone after dialling the customer care number.
What’s more: The best thing about this mobile insurance company is that it provides cloud backup option which lets you create a backup of all the data and save it online on the cloud for free. All you need to do is go to the SyncNScan’s website and select the best insurance plan that suits your need.
5. GadgetCops
GadgetCops is among the first companies in India that provide comprehensive plans for electronic gadgets; its focus being smartphones. The covers offered by GadgetCops, at the moment, cover Accidental Damage, Theft, and Extended Warranty and the company also provides various other value added services.
The insurance schemes of GadgetCops clearly clarify that no claim would be provided for accessories. If you take a look at their FAQ section, you will get a clear idea about this point: battery, charger, hands-free, mounting kits, memory card, body cover thefts or damages are ineligible for insurance claims. Also, please take a note: damage to your mobile from calamity and animals will also not be covered under any insurance schemes.
Plans: Plans by GadgetCops cover your smartphone for two years and it promises to provide repair or replacement for any electrical and mechanical faults if encountered. Moreover, there is also a scope of ‘cashless service’ wherein the insurer does not have to pay for any repair done at the service centre all the costs are borne by the company.
What’s more: GadgetCops boasts of a unique ‘Extended Warranty’ scheme under which the consumer can extend one year of manufacturer’s warranty for the next 2-year. The extended period will have all the benefits of the mobile insurance plans that one gets in the usual warranty period.
6. Times Global (known for best laptop insurance in India)
Times Global Insurance Company is based in Delhi. It is an underdog in the world of gadget insurance space. You can trust this company for the best laptop insurance in India.
Plans: The plans start from Rs125 per month for phones between Rs3,000-15,000 to, Rs310 per month for phones ranging between Rs30,000 to 60,000.
Times Global is yet another company that provides the service of 1005 cashless insurance in case of accidental damages, water spills or even cracked screens due to any reasons, whatsoever. Unlike other insurance companies, Times Global does not have any exception or terms and conditions, hence, consumers can use their services without much hassle.
What’s more: The Company has an elaborate structure and dedicated plans for iPhones and a few other smartphones.
7. Warranty Bazaar
For people who are looking for a one-stop solution for the insurance of their mobiles and tablets, Warranty Bazaar is the right place. One of the insurance plans offered by the company covers all sorts of accidental damages and provides the user with a full repair cost within 12months. In addition to this, if the device is less than 90 days old then the user has an opportunity to get an extended warranty for the mobile or tablet.
Plans: For smartphones ranging from Rs5000- Rs100000, the plans vary accordingly, offering accidental and liquid damage support and extended warranty. The insurance plans have been separately categorised for iPhones. Hence providing a number choices to the buyers.
What’s more: Despite being one of the best at providing insurance for smartphones, the company also has insurance plans for TVs, Laptops, ACs etc.
8. OnsiteGo
As the name of this company suggests, OnsiteGo is one of the best companies to look for on-site repair or pickup and drop services. The company specializes in extended warranty for home appliances and gadgets. The company has always stayed among the most popular extended warranty service providers and best mobile insurance companies in India. It doesn’t specifically cover mobile phones but also tablet, laptop, digital camera, etc. Even claims of malfunctioning touch screen, port issues, hardware failures and other such faults are entertained by this best mobile insurance company. This is yet another company which comes under the category of the best mobile insurance company in India, according to online reviews.
Plans: Most of the insurance plans fall in an affordable range, for gadgets varying from Rs5000 to Rs100000. Some affordable plans for mobiles and tablets cover broken, cracked, shattered screens, guaranteeing repair or replacement.
What’s more: Onsite has a reputation for cheap insurance for phones. So, if you are looking for cheapest available schemes for insurance of smartphones, onsite should be your best option. Onsite has plenty of protection plans available at affordable prices.
Also Check: Top Insurance Companies In India (2018) That Can Be Your Guardian Angels
Conclusion
In conclusion, we suggest you to evaluate your needs of insurance first to decide on a company and its insurance plans. If your gadget is an expensive one, you might need to go for an expensive insurance plan. But for a comparatively cheaper smartphone or tablet, a starter insurance plan from any of these companies would suffice.
Also, do check the online reviews of the company for the gadget you are signing the insurance with.
Here is a quick recap of which are the best companies for the gadgets:
For best laptop insurance in India, Times Global is the best pick.
Best mobile insurance company in India, MobileAssist, WarrantyAsia, SyncNScan provide the best insurance plans.
When it comes to other gadgets, all other companies provide equally great insurance schemes for all gadgets.