What to Look for in Mobile Phone Insurance
Your risk of losing or breaking your mobile phone doesn’t really depend on your age, gender, income, or any of the other demographic labels that are usually attached to insurance policies. The truth is, a high salary professional in his or her 50s may be just as likely to lose or break a mobile phone as a 20-year-old student. So if you’re wondering about mobile insurance, you have to ask yourself: Am I good at dealing with my phone?
If there is a realistic risk of damaging or losing your phone, or of having it stolen, then perhaps it’s worth your time to see if there is cheap mobile phone insurance available to keep you covered. If you lose or break a phone per year, then this type of insurance will cost you much less than repeatedly buying replacement phones, even if you use cheap handsets. If you have an iPhone and are bad with phones, then iPhone insurance is a no-brainer.
People who use pay-as-you-go mobile phones have limited risk to begin with, because even if someone steals your phone, they can’t make any more fraudulent calls once your credit runs out, and you’re only stuck with the cost of replacing your handset. However, today you can get very nice pay-as-you-go handsets that are quite expensive, and you would want to be covered in the event you lost or broke one, or had it nicked.
People who have contract mobile phones with nice handsets should most certainly compare mobile phone insurance policies and research which one gives them the most well-tailored cover for the best price. With contract mobile phones, you’re dealing with replacing the handset and paying the monthly fee until your contract is up if you lose your phone, so insurance can be a smart investment.
If you have an iPhone, then mobile phone insurance will cost you anywhere from approximately ?6 per month to ?15 per month, depending on how comprehensive the cover is. Some policies cover loss, while others don’t, for example. For mobile phones that are not iPhones, cover generally costs on the order of ?3 to ?6 per month, and most policies do cover loss of the phone.
As for excess, policies vary, but you can expect to pay excess of around ?50 for an iPhone claim, and around ?25 for a claim on another brand of mobile phone. For claims, you’ll usually need to provide receipts for the item on which you’re making a claim. Some items have to be new, or close to new to get insurance. For instance, mobile phones should generally be less than 36 months old for you to take out a policy on them.
When you’re comparing insurance policies for your mobile phone, be sure to find out if you are covered internationally, and if you’re covered for fraudulent calls and water damage. An estimated 1.2 million phones per year are ruined by water damage, so if your phone is prone to getting wet, you should ensure this eventuality is covered. Fraudulent call cover ensures that you don’t get stuck with the bill from someone stealing your phone and running up international roaming charges or otherwise causing your bill to skyrocket.
If you are looking for mobile phone insurance or perhaps iphone insurance we list a wide range of companies and budgets to acommodate you for insurance.
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