Phone Insurance – Whats 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.Phones are lost every year – in fact over 6,000,000 – thats 6 million…

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 you need to check for this.

If you drop your phone accidentally, and the screen is shattered, it is not covered by the manufacturers waranty. The warranty will only cover you for breakdown ie things going wrong for no particular reason, such as the screen just ‘going dead’ and stopping woking – not accidental 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.

It is a good idea to use a leather case if you can, as they do offer a certain level of protection. As well as leather cases (which can be bulky) you can use neprene (wetsuit) material or slim rubberized cases. Ask at you local phone shop.

Leather case or not – phones take a beating through normal everyday life. 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 damage is of course a subsection of ‘Accidental damage’ – but it is worth looking at on its own because water is a bigger killer of phones than you would think.

Ove 1.2 MILLION phones are killed by water every year – whether down the toilet, in a beer, in a puddle, in a lake… Think of other water sources or locations – they can all kill your phone.

And the kicker is that many mobile phone insurance policies specifically do not cover water damage. So make sure you get water damage cover.

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.

Phone theft costs £390 million every year

* 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