many of us will have home insurance car insurance and even laptop insurance but the one thing we carry around with us all day every day our phones often gets overlooked if you’re thinking about getting your phone insured but not sure what cover you need how much it’ll cost or how to claim this.
Today we will know all these
- Do I need phone insurance?
- What does it cover?
- What isn’t included?
- How much does it cost?
- How to make a claim
- Do I need phone insurance?
mobile phone insurance is not compulsory however smartphones can be incredibly expensive to repair or replace with some of the latest devices costing over a thousand pounds to buy brand new and considering the fact that we carry our phones everywhere pass them between our friends take photographs pack them in our bags or shove them in our back pockets at any moment wear a slip crack or spill cup of coffee away from doing some serious damage with a monthly or yearly premium phone insurance could be a cost-effective way to protect your device and avoid dipping into your savings should the worst happen if you have an existing insurance policy like travel insurance or contents cover it’s worth checking to see whether phone insurance is already included but be aware that contents or personal possessions insurance doesn’t usually cover your phone once
it’s taken off the property this is why people sometimes opt for specialist mobile phone insurance so their phones are protected from their living room to the shops down the road and holidays abroad.
2. What does it cover?
your mobile insurance should cover the costs of repairing or replacing your device in these seven circumstances malicious damage will cover you if your device is deliberately broken by a third party unauthorized usage covers you in cases where your phone is stolen ,and the thief racks up any charges or gains access to your e-wallet some policies will also cover you for all of these situations when you’re in a foreign country or if something happens to your device while it is in the possession of an immediate family member
What is Covered
- Accidental damage
- Liquid damage
- Mechanical breakdown
- Malicious damage
- Unauthorised usage
- Replacement accessories
What is not Covered
- Minor chips and cracks
- Damage as a result of extreme carelessness
- Intentional damage
- Claims where the gadget was left unattended
- Claims where a proof of purchase cannot be provided
- Loss/theft claims without a crime report
whatever cover you need make sure you shop around and read the small print to find the best cover for you these circumstances or damages are unlikely to be covered by your phone insurance few insurers will cover smartphones that are secondhand or bought overseas and most won’t cover devices that you’ve had for a while before deciding to insure usually up to 12 or 36 months if you’ve damaged your phone and think you can quickly get an insurance policy to cover the cost you might need a new plan as most insurers won’t cover you for any damages sustained before your policy start date.
3.How much does it cost?
there’s no one-size-fits-all policy price for mobile phone insurance your specific policy will be affected by a number of factors including the amount of excess you’re willing to pay the make and model of your phone the level of cover you need to suit your personal circumstances and how you choose to pay your premium typically
What affects your policy:
- Level of excess
- Brand and model
- Level of cover
- Monthly or annual payments
monthly payments will incur an interest charge so you might end up paying more than if you paid it off in one go each year.
4.How to make a claim
how you make a claim will depend on your specific insurance provider some will require you to call the claims team while others you can report online in all cases you’ll need to provide the details of the incident that has led you to make a claim as well as the details of your device it’s helpful to have these stored away somewhere safe and memorable to make life easier for yourself if you do need to make a claim if your phone is lost or stolen you’ll need to file a police report and inform your network before making a claim with any damage claims you’ll need to send your device to the insurer to see if it can be repaired based on the details you provide and the state of your device your insurer will then make a decision about whether to repair or replace your phone.
