If we have to talk about insurance, one must know first what insurance is and how it works. Phone insurance is a warranty given by the manufacturers of a smartphone. It is usually given for unusual incidents i.e. any manufacturing default related to hardware or software. But if the phone gets lost, damaged or anyone steals it the insurance provided by the manufacturing company might or might not cover it. Some companies also cover damage done by liquids. It is considered important because there can be manufacturing defaults on a smartphone.
If you are thinking of buying a new phone or have bought it, you must know the pros and cons of cell phone insurance. There are different kinds of deals that smartphone companies offer you, so you must make the right choice to avoid any disruption in the future.
Here are some questions that you should ask from any company before buying it:
- What does this mobile phone insurance cover for you?
- What does the mobile phone insurance not cover you for?
- How much is it going to cost you?
- Are there any alternatives to mobile phone insurance
- Can you Protect yourself for free?
- What are the steps to get the right mobile phone insurance policy for your needs
It has been known from a source that 85% of all adults in the UK own a mobile phone. now the question is; when and why should you buy cell phone insurance? Here are the answers
You should buy it if:
- If you have experienced losing, breaking or getting your phone stolen.
- You can’t afford to replace your mobile phone and you don’t want to downgrade to a cheaper model.
- You rely so much on your mobile phone and an instant replacement will be required if it is lost, stolen or damaged
- You want certain features and wouldn’t want to replace your handset anytime soon.
What does a mobile phone insurance cover?
Before buying phone insurance for you, here are the things you should consider. At a basic level, small losses are covered but some policies also cover for:
- losses
- unauthorized calls
- accidental damages
- phone accessories
- protection when you visit somewhere abroad
- applications, games, music and other valuable content in your smartphone.
Although these policies vary widely from company to company, most of them cover major losses.
One should also look for what mobile phone insurance does not provide. Here are some of the main exclusions that might appear in an insurance policy:
Not taking care of your device:
Your insurance company does not pay for your carelessness. It will not cover if you did not take reasonable care of your cell phone. You can’t claim on this basis that you drove with your phone on the top of the car, It is your responsibility to take good care of our phone.
You leave the smartphone unattended:
Different companies do not cover the phone in case of theft while you leave the phone unattended. It is only in case of an accident that the company covers the loss. Otherwise leaving the smartphone unattended like this does not usually come under the loss that is covered by smartphone insurance.
Do not make delays in reporting your phone:
You must report your phone missing as soon as it gets lost or broken. It is considered very irresponsible if you don’t report within 24 hours that your phone is lost or broken. You wouldn’t want to pay a large amount of money so report before it’s too late.
Damage by water:
People sometimes take their phones everywhere, even in the washrooms. They should take care of the insurance then, if it covers damage by water or not some insurance companies do not provide it but some do. One should check thoroughly before getting an insurance for one’s smartphone.
Companies won’t always replace your smartphone:
Most of the companies do replace the smartphone if there is a manufacturing default. But some insurers try to fix your phone and not offer a new one. In such a case, you should be prepared to stay without a mobile phone for at least a week. Normally the companies take between four to seven days to repair a cell phone.
These are all the possible reasons that tell why and when you need smartphone insurance and also the details of what smartphone insurance does not cover. These should prove to be very helpful as all the pros and cons have been discussed above in detail.
