Insuring a Macbook Pro under a hire purchase agreement

jowli

Hi there I hope someone can help,

I am signing up to a hire/purchase agreement with work to pay in installments out of my salary for a macbook pro, so I will not have any proof of purchase. In the hire agreement it states that it is my responsibility to insure against damage and theft, does anyone know how you would go about doing this for an item under this sort of agreement?

Any help appreciated!
Thanks!

rs65

Try your home insurance.

bouncydog1

There must be some documentary evidence in place to form the basis of the contract for the sale.

In addition how do you propose to register the guarantee or provide evidence of purchase if you need it repaired under guarantee?

learningaboutinsurance

bouncyd!!! wrote: »

There must be some documentary evidence in place to form the basis of the contract for the sale.

In addition how do you propose to register the guarantee or provide evidence of purchase if you need it repaired under guarantee?

you are correct,

OP you will get a E-receipt to your email once the transaction has been successful of your hire purchase. so you will get a sale receipt of purchase.

in regards to a insurance i personally what i did is add applecare to the hire purchase aswell. which gives you an additional 2 years cover to the Macbook pro (you will automatically get one year) so in affect you will with applecare get 3 years. and this way there is no excess and you won't need to wait on outside insurance comapnies to investigate blah, blah and you can go straight to the company to sort it out

vax2002

is this something you will use for work ? If so why is your Employer not providing it and claiming it back as tax allowance ?
Or are they but charging you, hence the no documentation.

jowli

Thanks for your replies,

No it is not something which I will be using for work.

learningaboutinsurance wrote: »

you are correct,

OP you will get a E-receipt to your email once the transaction has been successful of your hire purchase. so you will get a sale receipt of purchase.

in regards to a insurance i personally what i did is add applecare to the hire purchase aswell. which gives you an additional 2 years cover to the Macbook pro (you will automatically get one year) so in affect you will with applecare get 3 years. and this way there is no excess and you won't need to wait on outside insurance comapnies to investigate blah, blah and you can go straight to the company to sort it out

Do you mean at the end of the 36month hire agreement, when the Macbook is mine I will get an e-receipt?

Also, doesn't Applecare only cover damage and if something goes wrong rather than against loss or theft etc?
I think it might come with 24months applecare anyway.

I don't have home insurance but I'm pretty sure that they too, like most other insurance companies, would ask for proof of purchase.
I will check with my bank too, as I also have an iPhone 4 which I bought off ebay and I can't find anywhere that will insure that as I don't have the original proof of purchase either!

I have a contract or hire agreement that I've had to sign, but is that proof that I own the macbook, because until the end of the 36 months I don't technically.

learningaboutinsurance

jowli wrote: »

Thanks for your replies,

No it is not something which I will be using for work.



Do you mean at the end of the 36month hire agreement, when the Macbook is mine I will get an e-receipt?

Also, doesn't Applecare only cover damage and if something goes wrong rather than against loss or theft etc?
I think it might come with 24months applecare anyway.

I don't have home insurance but I'm pretty sure that they too, like most other insurance companies, would ask for proof of purchase.
I will check with my bank too, as I also have an iPhone 4 which I bought off ebay and I can't find anywhere that will insure that as I don't have the original proof of purchase either!

I have a contract or hire agreement that I've had to sign, but is that proof that I own the macbook, because until the end of the 36 months I don't technically.

as there is a few questions in this post i will seperate my response and Opinion.

1. no when i said hire agreement its actually not a hire agreement between you and Apple. its actually a finance agreement between you and Barclays (which apple is using to provide this) its basically like a loan in which Barclays pays the full amount to apple for the hardware for you and you then pay barclays monthly repayments with interests over 36 months you agreed with them. so the transaction is done and the hardware has been paid for and you will automatically get a receipt on purchase by email (as thats how apple issue receipts). so 100% you should of/or will get a receipt and if do not you need speak to apple about this.

2. regarding Applecare yes it is mainly for Damage technical problems and not for theft or loss. but does cover accidental damage. but many of these insurance firms have so many clauses in the T&C's regarding Theft it would really mean from what i have interpreted that basically someone would need to beat you up and taken the Laptop for them to consider it theft and not negligence to the policy holder and loss is sometimes is also considered negligence on PH which then voids both the mentioned policy the exact reason you may have taken the cover for. personally rather than going to insurance companys i would put away 50 quid in pot each month sould the worst happen and take it from there. but if you do want to go down the insurance route then always best to first speak with your content cover provider first and your bank.

3. the macbook has been paid for already by barclays as soon as you signed that agreement. that agreement is that you have agreed to take a loan from barclays for teh price of that macbook air and you will pay them an agreed repayment amount each month for 36 months in which in the end your loan will come to an end. or if in my case you can afford to pay it of earlier contact barclays and increase the amounts for a shorter period.

i would ask you to either check your email to see if apple has emailed you the receipt (which they should) and if not take the agreement you isgned along with the macbook to the apple store you purchased it from and speak to a member of staff and ask them to provide with a sale purchase receipt for macbook

hope that helps

rs65

jowli wrote: »

I don't have home insurance but I'm pretty sure that they too, like most other insurance companies, would ask for proof of purchase.
I will check with my bank too, as I also have an iPhone 4 which I bought off ebay and I can't find anywhere that will insure that as I don't have the original proof of purchase either!

I have a contract or hire agreement that I've had to sign, but is that proof that I own the macbook, because until the end of the 36 months I don't technically.

The contract or hire agreement will be proof of purchase, and evidence that you are responsible for insuring it. You'll also have payslips that prove payment. In general when you claim you need to satisfy insurers that the item existed, it was yours and it suffered damage/loss. Always check individual policies in case there are more specific requirements.

Most home insurers should be ok with that. Presumably you will also have boxes manuals etc which help to prove ownership. Photos are useful too.

Watch out on gadget type insurers as some need evidence that you purchased items new (sometimes not from ebay resellers).