View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 23, 2014

Are the gadgets in your pockets worth more than a car?

Londoners are carrying around stacks of uninsured technology!

By Ben Sullivan

UK consumers, particularly Londoners, often carry around uninsured technology that would cost more to replace than their car or motorcycle.

This is the claim set by technology insurer Gadget-cover.com. Whilst the make or model of the hypothetical car was not revealed, a quick sum of the contents on my body means that I could potentially lose the worth of a 1998 3-door Citroën Saxo. MOT’d only until July, mind you.

The firm says that nobody actually knows how many smartphones, iPad-style tablets or laptops are actually covered by insurance for loss, theft or damage.

"Many people can get everything they need on one piece of tech – a smartphone – but others will sometimes carry several pieces of kit: a phone, tablet, laptop, music-player, some kind of GPS or fitness-monitoring gear. To replace all that – even if it’s middle-of-the-range equipment – could well cost £2,000-plus," said Alex Santana of Gadget-Cover.com.

CBR studied the small print of this annoucement and failed to spot any allusion to potential monetary gain by this consumer technology insurer for suggesting people should purchase consumer technology insurance.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU