Protecting your phone is crucial, as replacement or repair can be not only inconvenient but costly. You’ll also be liable to keep on paying for your contract if your phone is uninsured. Before taking out insurance though, you’ll need to identify what terms are best for you, so follow this checklist to make sure you’re purchasing the best policy.
What Type of Phone Owner Are You?
Before deciding on a policy, you need to identify what’s most likely to happen to your phone. If you regularly lose a phone, then you’ll want a policy that offers speedy replacement and unauthorised call cover. If you’re a phone breaker, then find out if you get a new phone or will have to wait for repair. Deciding on the risks will help you choose the most suitable policy for you.
Is Your Mobile Phone Old?
If you haven’t recently purchased a new handset, then you need to be aware that many insurers won’t cover you. So always check this out first.
Read the Small Print
Insurance is often a minefield, and there can be all sorts or restrictions on what you can claim for. Always be sure to carefully read through the policy, to make sure you have the cover you need.
Again, it’s very easy to be caught out by the excess fee. If your phone is worth £150 and the excess you have to pay is £200 to have it repaired or replaced, it’s not worth it.