Feb 11, 02019 Enterprise

Self-Insurance v/s Securranty: What’s Better for Your Business?

To be a successful business in today’s world means one thing and one thing only: to delight your customer with excellent products and exceptional service. Gone are the days when companies prided themselves on their operational efficiencies and production maximization. Now, it is all about placing the focus on the customer and adding value to their lives.

Businesses all over the world are making use of electronic devices, such as iPhones, iPads and Chromebooks, and other latest technology to interact with customers. This not only allows for mobility but also makes sure that all communication with the customer is immediate and in real-time. However, electronic devices come with their own set of risks. Any malfunction or breakage may result in communication disruption, customer dissatisfaction, and eventually, loss in revenue. Therefore, it is in the business’s best interest to repair and replace any broken devices as soon as possible.



Repairing Devices by Self Insurance

Self-insurance is most businesses’ natural instinct. Companies believe they will save money by not buying insurance for their iPad, Chromebook or laptop and repairing their own damaged devices. However, they may underestimate how often electronic devices breakdown and require repair and how long it takes to get the devices repaired or replaced if need be. This delay leads to downtime for the employee working in the field and adversely impacts productivity and morale.

The Dark Side of Self-Insurance

  1. Inability to adequately forecast true repair costs. Unless you’re in the device repair business yourself, there is a high chance that you ’re not an expert at accurately estimating how much it would cost to repair or replace your iPad or laptop. Without this information, you are very likely to set an inadequate budget for device repair and face difficulties because of it.

  2. Failure to repair quickly. Businesses that self-insure their laptops and tablets will eventually rely on small local shops for device repair and replacement. Such shops have substandard workmanship and take too long to repair. Since the opportunity cost of a broken device to the business is high, a bad repair or a delay in repair can translate in falling revenue for the businesses, not to mention the additional stress of dealing with local shops and managing repairs.

  3. Paying too much for device repair. Self-insuring your company’s electronic devices means that you would not be able to enjoy the low cost that bulk buying of parts can afford. Hence, you will be paying more than you have to for getting your devices repaired and replaced.

Ensuring laptops, iPads, and Chromebooks with Securranty

In this age of specialization, businesses benefit the most if they focus on what they do best and outsource the rest. Securranty is a company that has been providing device insurance for a wide variety of businesses. Whether it is iPad or Chromebook insurance or insurance for your laptop, Securranty can handle it all. They are pros at what they do and can eliminate all the stress of having to deal with a broken device and managing its repair.



Ensuring your tablet or laptop with Securranty has many benefits.

  1. Helps you save money. With device repair being their forte, Securranty can not only accurately forecast how much it would cost to repair your devices on a regular basis but can also offer the lowest cost for device repair and replacement. All thanks to bulk buying of parts and services that a company of this scale can afford.

  2. Provides quick turnaround time. Securranty understands how valuable time is for your business, which is why they offer high-quality repairs within 5 days along with the option of next day device replacement. This means less downtime for your employees and higher productivity.

  3. Easy management through online portal. Securranty’s online portal is fast and easy to manage. It allows your business to effortlessly track all repairs and file claims in a matter of minutes.

  4. Peace of mind. One simply cannot put a price tag on the value of being relieved of all hassles and headaches of repairing broken devices, managing claims, tracking repairs and making sure all of this is done within the budget allocated by the company. Let Securranty handle all of your stress so that you can focus on your core competency with peace of mind.