Take These Tips When You are Buying a Phone Insurance

Posted by Matt Jackson on February 24th, 2016

Do you need mobile phone insurance? The answer depends, of work, on a variety of different factors including which mobile you have and how likely you are to lose or destroy your mobile - not to mention how lots of mobiles you are speaking about.

In case you favor top of the line fashionable models, or have kids who do, mobile phone insurance could be a worthwhile investment. That doesn't mean, however, that you need to pay over the odds for it. There's lots of priced options for mobile phone insurance cover.

Why insure my mobile phone?

"I'm always careful", you might be thinking. "I won't leave it behind anywhere." According to last year's crime statistics, there's over ten,000 mobile rings stolen in the United Kingdom each month. Another three,500 or so get left behind on buses and trains or in cafes, and an wonderful one,200 are dropped down toilets or knocked in to sinks. In all, about 15,000 mobile rings are reported lost, stolen or damaged each and every month.

And the cost can put a dent in your budget. While you may have got your mobile free together with your phone plan, the phone companies won't replace your mobile free or for £29.95. In case you need to continue using your contract minutes - and you will be responsible for paying out the remainder of your contract - you'll need to fork out the full cost for a replacement phone. In addition, you could be liable for any call charges if your mobile was used before it is loss is discovered. The cost of losing your mobile phone can basically top £500. Have you got a spare £500 sitting around?

Do I need mobile phone insurance?

Perhaps not. Mobile phone insurance can cost you anywhere from £25 to £150 yearly, depending on the insurance carrier that you select. In case you can replace your mobile phone for less than that, then mobile phone insurance is probably not a worthwhile expense for you. In case you hae a replacement phone - perhaps left since your last upgrade - and your mobile provider still supports it, you may be fine without mobile insurance. In most cases, though, you'll find that it can be worth the expense - in case you shop around for competitively priced mobile phone insurance.

Tips for getting the best value cell phone insurance

1) Don't automatically accept cell phone insurance when you buy your mobile. Those tend to be the priciest premiums of all.

2) If the salesperson or web-site promises "Free Mobile Insurance" with all rings or with selected rings, be sure to check the details. In plenty of cases, the cover is free for the first month. After the first month of cover, the regular premium will be tacked onto your mobile account charges, where you may not even recognize you are paying it.

3) Speaking of not realizing - are you already covered? If you have had the phone a bit & are now thinking of insuring it, check the itemized details for your last account statement to be sure you are not already paying for insurance.

4) Shop around the independent insurers. You can get economy cover for a mobile worth up to £150 for as small as £2.49 per month - less than half what most of the major insurers are charging.

5) Think about an increase to your home & contents cover in the event you have plenty of electronic & mobile devices that you carryover with you. You can extend your contents insurance to cover your mobile devices, including your phone, PDA, PSP & other electronics when you take them out of your home.

6) Got a relatives of mobiles? Very 80% of the rings reported stolen or lost belong to teenagers. If you are insuring over phone, look for a company that will cover multiple mobiles on owner.