Loom Insurance for Smart Devices

T

travcaine

Senior Member
Joined
Nov 23, 2015
Messages
752
Reaction score
64
Location
Centurion
Hi,

I am shopping for insurance for my devices, MacBook, iPhone and Apple Watch. To add them to my home contents is expensive, I came across Loom insurance and they are really cheap.

Their reviews online are good, but has anyone here used them before?

https://www.loom.co.za/about
 
They are a registered short term insurance provider, and FSP, so they look legit. Thanks for mentioning them because they are considerably cheaper than pineapple / granadilla.
 
Alexander Forbes charged me the same as Loom for 3 phones and a Macbook
 
Separate insurance is usually more expensive. Yeah change your insurer. It shouldn't cost you a lot more to add devices to existing home and contents insurance. Even threatening to do so may get them to call you back with a better deal.
 
Just make sure the covers and terms are equal or better and the excess is reasonable.
These little insurers/underwriting managers tend to be very good at excluding covers without you being aware of it.
 
Hemi300c said:
Just make sure the covers and terms are equal or better and the excess is reasonable.
These little insurers/underwriting managers tend to be very good at excluding covers without you being aware of it.
Click to expand...
Read through the terms, basically or the normal things. The excess is set at 15% of the claim value.
 
travcaine said:
Santam.. want to charge around R400 for R16000 value. Loom, around R150 for same value.
Click to expand...
That's insane. I have a bicycle covered for all risks at R75k (as one example) with Oakhurst And I only pay R341 with a R500 excess. Bundled with household contents and other all risks stuff of course.
 
I use loom, have my phone and macbook insured with them. Claimed for my iPhone X and it was settled within 2 days, can't complain and happy with the service.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X