What laptop insurance should I go for??

Shuriken

I completely flied my last laptop from using many draining programs at once for college, it went a month out of its 1 yr warranty so there wasnt much I could do, repaired it too many times and decided to get a new one. Lenovo Ideapad Z570

So I want to make sure this one is covered for WHEN I fry it.
It has the standard 1 year warranty:
This product has a one year limited warranty and is entitled to parts, labor and carry-in repair service.

Im not sure what their policy is for when I use it to death so I want to get something that will cover everything for 2 years and I dont know what to go for?

So they offer:

All Lenovo warranties include 24/7 phone access to customer support and full coverage on labor, parts and system repair for all manufacturer defects or common-use issues that arise with your Lenovo PC. If an issue cannot be resolved by phone, Lenovo covers shipping costs to and from our repair facilities. For a more comprehensive protection package, consider one of our advanced warranty options explained below:

and then they offer:

The ultimate protection for the ultimate business tool.

ThinkPad protection keeps you productive, avoiding costly downtime resulting from damage to your notebook. ThinkPad protection gives you the peace of mind of knowing that your notebook is protected.

Why ThinkPad Protection?
ThinkPad protection lowers the notebook�s total cost of ownership by extending its life and protecting your investment.
Quick repair and replacement of parts ensure efficient problem resolution and increase your productivity.
Service is provided by Lenovo, not a third party insurer, so instead of filing a claim, you deal with a simple repair/replacement process.
Data is quickly and securely transferred to a new PC in the event replacement is required*
Ask yourself:
Is minimizing downtime important?
Is convenient coverage for accidental damage important?
Is worry-free repair or replacement of value?
Are you in a mobile work environment?
Do you need to accurately budget for repair expenses?
What�s covered?
Damage from drops and falls under normal use
Damage from electrical surges
Liquid spills
LCD damage
What�s not covered?
External peripherals
Accessories not installed by Lenovo at time of purchase
Batteries**

ThinkPad Protection does not cover theft or loss, intentional fire, cosmetic or pre-existing damage or damage resulting from misuse or use under abnormal operating conditions. ThinkPad Protection must be purchased within 90 days of the purchase of your new ThinkPad and your service term begins concurrently with the product warranty.

*If technically possible, you will remove or secure all proprietary, confidential or personal data before presenting the product to us for repair or replacement and back up valuable information and data in a format external to the product to enable you to reconstruct lost or altered data or programs if necessary.

**Parts not covered by ThinkPad Protection may be covered by the Warranty terms.

and the prices range from €28 to €125.

the only other thing I can find is gadget insurance which insures 5 gadgets for €79, year! But I only want 1 gadget insured?

So what would people recommend? I need something that covers external and internal problems that are accidental and from over use.

Help!