Mobile phone insurance is available both from standard insurance providers and mobile phone stores. Mobile phone insurance aims to cover your phone against a variety of possible events such as theft or fraud, with different packages offering different options depending on the cover required. Phone theft has become an increasing problem in the UK due to the ubiquity of mobile phones.
Beyond the physical product, mobile phone insurance also covers you should your phone account be misused in any way. A popular ploy of phone thieves in recent years is to use their goods to make a series of long calls to high premium numbers. They receive a cut, and the customer pays the bill. Phone insurance covers those costs within certain criteria, working together with increasing phone and account security to ensure such activity is reduced to a fraction of what it was.
Always be sure to read the terms and conditions of any agreement. Mobile phone insurance can cover a number of areas to varying degrees, including:
- Accidental damage
- Account abuse resulting from theft
Be sure to examine deals from both insurance companies and mobile phone stores to make sure you’re receiving the best deal. A number of phone stores aim sell expensive mobile phone insurance so make sure you shop around before you buy.