Computer Insurance - Covers computer equipment and peripherals beyond the normal coverage provided in homeowners insurance policies. Usually, homeowners policies only cover up to between $1,000 and $3,000 in computer equipment. With more people owning expensive computers and peripherals, and even using them for home-based businesses, riders and separate policies are becoming more popular. Some policies are also designed to cover damage and/or theft of portable equipment, such as laptop computers, and even the costs of data recovery. .