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Got It Covered?

Don't forget about protecting your computer equipment when buying insurance.

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This story appears in the January 1998 issue of Entrepreneur. Subscribe »

There's no denying that personal computers and computer-related equipment have become an integral part of today's business landscape. How many times have you thought to yourself, "I just couldn't run my business without my computer"?

Because computer equipment is so important to the productivity, success and survival of most businesses, it's important to take precautions to ensure you're protected in the event your equipment becomes damaged or destroyed. And that's not an unlikely event by any means. According to Safeware Insurance Agency in Columbus, Ohio, which specializes in coverage for computer and high-tech equipment, more than 1.6 million computers in the United States were stolen, zapped by power surges, or otherwise damaged or destroyed in 1996, accounting for a whopping $2.3 billion in losses.

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