How does mobile phone insurance work?

Although mobile phones are adapting and becoming smarter with every new release, they are becoming more expensive and the cost to replace a damaged or broken one is astronomical. We have created a list of all the things you need to know about how phone insurance works. Find out about repairs.

What is phone insurance?

Phone insurance is a specialist insurance policy that would cover the cost of replacing or repairing your smartphone if ever lost, damaged or stolen. Phone policies normally have a lower excess amount than other types of insurance, normally around £25-£50. Check out the use of iPhone browsing.

Extra cover includes:

  • Screen cracking
  • Water damage
  • Accidental damage

Some insurance companies offer multi-device cover which allows you to insure all of your family’s phones under one policy. See types of insurance.

Where can you find phone cover?

There is so specific way of finding insurance, but the most common ways are either through your network provider/retailer or using a compare website to find the best value policies.

Although taking out insurance from your phone provider may be more convenient, it isn’t the cheapest option, which is why we recommend finding a policy from a third party insurer.

A third party insurer will be able to offer you a more affordable policy and may even cover extra factors, including accessory cover, unlimited claims and worldwide cover. Click here for iPhone insurance.

How do you know if you need insurance?

Even if you have never had to claim on your phone insurance before, it is always the smartest move to take out cover as a simple drop can result in a broken phone. You never know what could happen at any time with your phone and it can save you hundreds of pounds. Contact us for more information.

However, this will normally depend on two things:

  • The likelihood that you are to damage/lose your phone
  • If you can afford to replace your phone without insurance