Chromebook Insurance for Schools: Protecting Your Investment

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Chromebooks are a popular choice for schools, but they can be prone to damage and loss. According to a recent survey, 75% of schools experience damage to their Chromebooks within the first year of use.

The cost of replacing a single Chromebook can be significant. On average, a Chromebook costs around $300, which can add up quickly if multiple devices are damaged or lost.

Schools can protect their investment by purchasing Chromebook insurance. This type of insurance can provide financial protection in the event of theft, loss, or damage to the devices.

What is Chromebook Insurance for Schools?

Chromebook insurance for schools is a type of protection plan designed to safeguard against accidental damage, theft, and loss of devices.

It typically covers the replacement or repair of damaged devices, as well as the cost of any necessary software or data recovery.

Schools can purchase Chromebook insurance through various providers, often with customizable coverage options to suit their needs.

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The cost of Chromebook insurance varies depending on the provider and the level of coverage chosen, but it's often a fraction of the cost of replacing a single device.

Many insurance providers offer discounts for schools that purchase multiple policies or commit to long-term contracts.

By investing in Chromebook insurance, schools can minimize the financial burden of device damage or loss and ensure that students have access to the technology they need to learn.

Benefits and Protection

Having chromebook insurance for schools can provide peace of mind for families, knowing that their child's device is protected against accidental damage or loss.

The cost of insurance varies, with some schools charging $20 per year, while others charge $25. For example, Eastern Carver County Schools charge $20 for coverage from the date of purchase through the summer of 2025.

Insurance plans typically cover a range of incidents, including theft, fire, flood, natural disaster, power surge, liquid spills, car accident damage, cracked screen, and vandalism.

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Here's a breakdown of the types of incidents covered by different schools:

Without insurance, families may be responsible for the full cost of repairs or replacement, which can be costly. However, with insurance, the first three incidents of repairs or replacement are often covered, and the cost is typically lower than the full replacement cost.

Some schools also offer financial assistance to families who need help purchasing insurance. For example, Eastern Carver County Schools allows families to contact their child's school for assistance with purchasing chromebook damage insurance.

Covered Events and Costs

Chromebook insurance for schools is designed to protect against common issues that can arise. Damaged or broken chargers are covered and can be replaced through a ticket claim.

If a charger tip breaks off inside the Chromebook, two insurance claims will be used: one for the charger and one for the repair. This ensures that you're covered in case of unexpected damage.

Broken or damaged cases and bags can be claimed or purchased at the cost shown on the MySchoolBucks Store. This convenient option helps you get back up and running quickly.

Covered Events

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If you're worried about damaging your Chromebook, you're in luck because some events are covered under the insurance policy.

Damaged, broken, or lost chargers can be replaced through a ticket claim.

Chromebook cases that are damaged, broken, or lost can be claimed or purchased at the cost shown on the MySchoolBucks Store.

Minor physical repairs like a broken LCD screen or a broken keyboard are covered, but lost or total destruction is not included.

Repair and Replacement Costs

If you need to replace a Chromebook, the cost is estimated at $200, which is not covered by insurance.

Replacement parts for a Chromebook can cost anywhere from $36 for a replacement bag to $200 for a replacement asset tag, which is also not covered by insurance.

The maximum repair fee for students varies by grade level: $300 for 3rd, 6th, and 9th graders, $120 for 4th, 7th, and 10th graders, and $75 for 5th, 8th, 11th, and 12th graders.

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Some repairs are covered by insurance, including lost, vandalized, or stolen devices with a police report. In these cases, the cost is $0.

Here's a breakdown of the costs for different types of damage with and without insurance:

Enrollment and Protection Plan

Enrolling in Chromebook insurance is a straightforward process. You can enroll now and take advantage of the protection plan.

The cost of the insurance is $25 per Chromebook per year, which is a small price to pay for peace of mind. This affordable cost will give you the confidence to know that your student's device is protected.

The MCSD plan covers a wide range of incidents, including theft, fire, flood, natural disaster, power surge, liquid spills, car accident damage, cracked screens, and vandalism.

Here is a list of the incidents covered by the MCSD plan:

  • Theft
  • Fire
  • Flood
  • Natural Disaster
  • Power Surge
  • Liquid spills
  • Car accident damage
  • Cracked Screen
  • Vandalism

If your student's Chromebook is damaged, stolen, or lost, you'll need to report the incident to the school office. This can be done with a police report and notification of school administration.

A different take: Insurance Agent School

Frequently Asked Questions

Do you have to pay for a school Chromebook if you break it?

Breaking a school-issued Chromebook at home may result in repair costs. Check your school's policy for details on device usage and insurance requirements

Do schools get a discount on Chromebooks?

Yes, schools can get discounts on Chromebooks when purchasing in bulk for educational settings. Bulk purchases may qualify for lower prices per computer.

Archie Strosin

Senior Writer

Archie Strosin is a seasoned writer with a keen eye for detail and a deep interest in financial institutions. His work often delves into the history and operations of Missouri-based banks, providing readers with a comprehensive understanding of their roles in the local economy. A particular focus of his research is on Dickinson Financial Corporation and Armed Forces Bank, tracing their origins and evolution over the decades.

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