Sunday, December 12th, 2010 | Sustainability, technology
In high crime areas, insurance can be a life-saver of the technology in your classroom. You lock up all your devices or you bolt them down, and just when you think you’re safe, your classroom becomes a target of criminals. For many schools this could be the end of technology. No funds may be available to replace the stolen items – unless your insurance company replaces them.
Some schools decide to take the risk and don’t insure their technology. What should you do? Should you insure your equipment? It is a personal decision, which must be based on various factors:
How great is the risk? The risk of theft is higher in some areas than others. Some classrooms are more vulnerable than others. You must consider all environmental factors to inform your decision.
Will you be able to afford a replacement if you lose the equipment? Once you start working with technology in your classroom you may become dependent on it and you may find it difficult to operate without it. If you can’t afford to replace it with available funds, an insurance policy makes sense.
What is the school’s view on insurance? Some schools follow a strategy of self-insurance, which means that they’re willing to take the risk and are saving money for a contingency.
If you do decide to insure your classroom technology, there are more questions to consider:
Have you read the small print? Insurance policies contain specific conditions. Make sure that the policy covers you for the most likely risks that you are facing.
What needs to be insured? Decide whether some or all of your technology devices must be insured. Your insurance premium can be reduced if you insure against only certain disasters – flooding and fire may be excluded if you believe that theft is your greatest risk.
Can you include your classroom technology in your school’s insurance, or must you negotiate a separate policy? Find out which option will be the best deal for you.
Whatever you decide regarding insurance, remember: the best form of insurance is to take sensible steps to safeguard your equipment.
For more technology tips for teachers click here.