Mobile Phone Insurance – What is Essential?

When you buy mobile phone insurance you need to make sure that certain vital elements are included and covered. So what are the 3 absolute must-have essentials…

Mobile phone loss:

1.There are over six million phones which every year are lost – maybe more…

Why more? Because many insurance policies do not cover loss, so often people with those policies commit insurance fraud by claiming the phone was stolen in order to get a new phone from their insurance company. This is why phone crim figures are as high as they are – because more crime is reported artifically and less phone theft.

Mobile phone accidental damage is not covered by a number of insurance policies. There are some providers who do include it in their plans, but many don’t. So dont avoid this.

If you drop your phone accidentally, and the screen is shattered, it is not covered by the manufacturers waranty. The warranty is what covers you for things just stopping working – not damage.

So you need to make sure that with your mobile phone insurance you are covered for accidental damage especially if you are one of the 1000’s of people who do not carry their phone around in a leather case to protect it. One tumble from your pocket or bag, down to the ground can be enough to shatter the LCD display screen.

Strong cases of leatherr give sound protection. The leather cases have gone slightly out of fashion, in favour of slimmer rubberized cases. Ask at you local phone shop.

Your mobile phone will probably take some knocks whether you have a case or not. It happens, its life. But you don’t need to have to pay for it when it happens. Accidental damage is something that you absolutely must and should have in your mobile phone insurance.

-> Water Damage

Water is a huge killer of phones.

Ove 1.2 MILLION phones are killed by water every year – whether down the toilet, in a beer, in a puddle, in a lake… The bath, the basin, the sea…

And the kicker is that many mobile phone insurance policies specifically do not cover water damage. You can see – water damage is going to be needed in your phone insurance.

Phone Theft

1.3 MILLION mobile phones are stolen every year according to extensive research by Continental Research. According to Halifax research this figure is over 2 MILLION.

The annual cost of phone theft is around £390 million

* One mobile phone stolen every 12 seconds

* Over 2 million mobile phones are stolen every year

So you need cover against:

1. Loss
2. Accidental damage – including water damage
3. Theft

So make sure you get your self covered with all these vital elements within your mobile phone insurance