We all spend a lot of money on getting the latest handsets available in the market, we either rush to the service providers to see if they have any deals with our favorite phones or we simply buy SIM free phones. But the money spent on purchasing the cell phone the either way goes down the drains if we do not buy mobile phone insurance. If your one of those lazy personalities who thinks phone insurance is a waste, then think twice. The research shows, that over 1.3 million mobile phones stolen and 1.6 million phones damaged or lost. Now this is a big number and you never know you mobile might be just the next one increasing these digits.
While buying a cell phone these are the points you should consider if you want your phone to be insured with the best value cover, if you buy insurance in the store where you purchase the mobile phone you will undoubtedly pay much more for your insurance.
Contract Phone Insurance:
Those handsets which you get on contract, you ought to make sure if you are getting insurance on them what the policy covers or not. Often insurance offered at point of sale does not cover the most likely things that will cause you to claim water damage and lost phones, but if insurance facility is not taken up then it creates a problem if the phone is stolen or damaged. As the contract is done in advance for 12 months, so you have to pay the line rent whether you are using the line or not.
Is my Mobile Covered in Home Insurance?
Nearly all houses are insured, so when you purchase a mobile you first go through your home insurance contents to see if it covers gadgets and mobiles and check the level of cover provided as this tends to be very limited on household insurance. If they are not covered you can get them included and this will give some basic cover.
Is Free Mobile Insurance Possible?
With competition going to the peak in almost all industries, not only service providers offer free mobile insurance along phones but now banks have also followed this trend. Banks like Barclays and Lloyd Banks cover mobile insurance on purchase of their special cards.
What does Mobile Insurance Cover?
Mobile insurance covers the theft charges and the damage charges. But you have to read the contract carefully because on certain occasions such as water spilling on the cell or cell phone being stolen while it was left unattended do not cover insurance.
Special Mobile Phone Insurance:
Special mobile phone insurance companies are always a better choice to get your phones insured from. These companies promise to pay you and replace you your cell phone and the gadgets with in 48 hours under predefined circumstances. Moreover, as they are dealing with this type of insurance specifically there able to deal with the claims more speedily reducing the impact on you.
iPhone Insurance Uk proposes competitive mobile insurance policies for all phones even for 3G phones and iPhones. We insure iPhones from only for £5.88 per month; claims will be completed with in 48 hours. If in 12 months you have no claim you get a free battery and after two years of no claim you get the latest version of your handset for free.
Article Source: http://EzineArticles.com/2463772