Do you really need mobile phone insurance? The answer depends, of course, on a number of different factors including which mobile you have and how likely you are to lose or damage your mobile – not to mention how many mobiles you’re talking about.
If you favor top of the line trendy models, or have children who do, mobile phone insurance could be a worthwhile investment. That doesn’t mean, however, that you need to pay over the odds for it. There are many reasonably priced options for mobile phone insurance cover.
Why insure my mobile phone?
“I’m always careful”, you might be thinking. “I won’t leave it behind anywhere.” According to last year’s crime statistics, there are over 10,000 mobile phones stolen in the UK each month. Another 3,500 or so get left behind on buses and trains or in cafes, and an astounding 1,200 are dropped down toilets or knocked into sinks. In all, about 15,000 mobile phones are reported lost, stolen or damaged each and every month.
And the cost can put quite a dent in your budget. While you may have got your mobile free with your phone plan, the phone companies...