What does my phone insurance cover?
It’s not the end of the road if your phone gets wet, bumps into something or if the screen gets broken – although it might be.
In any of the above situations, you’ll need to make a claim and get your phone repaired.
As with a warranty, your cell phone insurance will cover any mechanical or electrical issues. That includes if the screen is broken and needs a replacement, if your battery needs to be replaced, or if the phone is disconnected because it’s been stolen or lost.
Section 2: How much does my phone insurance cost?
If you buy a cellular insurance policy from a major carrier, the price might vary from the price listed in the policy document. In some cases, however, you can expect to pay the price listed in the policy document.
How to get cell phone insurance
Most phone companies require you to purchase their insurance to keep your contract current. The good news is that cell phone companies aren’t the only ones who offer phone insurance. You can buy it directly from your phone company or from a third-party provider such as Consumer Cellular or Straight Talk.
Cell phone insurance plans usually have a deductible to protect you from large out-of-pocket expenses. The deductible usually ranges from $100 to $350.
The idea behind deductible is that if you experience a serious problem with your phone, you’ll be able to fix it yourself rather than incur a large expense.
Here are some questions to ask to find a good cell phone insurance provider:
Is the plan locked to your company’s network? Some policies allow you to bring your own phone.
Things to consider before getting cell phone insurance
Cell phone insurance can be expensive
The added cost is usually for any repair or replacement. The cost can vary widely, depending on the phone model, the plan and carrier you choose, and your location. The costs could range from $10 for accidental damage insurance to as high as $75 for “costs beyond your control.”
Keep these factors in mind:
Usually, it’s best to get the most coverage you can afford. Here are a few tips for buying cell phone insurance.
Make sure you get a cell phone plan that includes insurance – this way, if the worst happens, you won’t be able to get phone service elsewhere.
If you cancel your plan, you will be charged an early termination fee. It’s also a good idea to check with your carrier to make sure they will replace any phone that you lost.