Phone Insurance - Whats Essential?
When you buy mobile phone insurance you need to make sure that certain vital elements are included and covered. Here are the 3 essentials…
Mobile phone loss:
1.Over 6,000,000 phones get lost every year…
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 pushes up the phone theft figures and decreases the reported phone loss figures.
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 make sure you look into 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. The leather cases have gone slightly out of fashion, in favour of slimmer rubberized cases. You can find out at any 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. It is very easy to protect against accidental damage - just make sure you are checking its there.
-> Water Damage
Water is a BIG killer of phones - far more than you might 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… The bath, the basin, the sea…
And the kicker is that many mobile phone insurance policies specifically do not cover water damage. So your mobile insurance will want to include water damage.
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:
- Loss
- Accidental damage - including water damage
- Theft
So make sure you get your self covered with all these vital elements within your mobile phone insurance