iPhone 4 Insurance

Jdubb

Jamjaw wrote: »

Some people have a larger excess on their home insurance, so it is not so stupid them needing the different insurance. I think some people need to realise that just because for them it is cheapest to add to their home insurance, this is not always the case (to add to my contents insurance and reduce excess to £100 would be £250, much more than £96)...

So... Any recommendations for mobile insurnace in my case?

Im with you on both counts!!!!:beer:

Oscar_The_Grouch

Jdubb wrote: »

Im with you on both counts!!!!:beer:

See my post above. Check your excess with the underwriter, as it is unlikely to be more than £100 for PP cover.

jackjones86

Cheeky question... but if you insure something twice, can you get 2 replacements if it gets lost? :P I very much doubt it...

swb99

Just a quick note to Oscar & you guys - I just added PP to my policy for £41 with £25 being admin. £3000 cover as advised.
So £41 instead of O2's £15 PER MONTH for iphone4
Result
Thanks Oscar... you are the grouch!!!

Ten98

jackjones86 wrote: »

Cheeky question... but if you insure something twice, can you get 2 replacements if it gets lost? :P I very much doubt it...

You can, but this is known as insurance fraud and if you get caught you could end up serving time in prison.

Oscar_The_Grouch

Ten98 wrote: »

You can, but this is known as insurance fraud and if you get caught you could end up serving time in prison.

You can have 2 insurances covering the same event and it's only fraud if you try to claim benefit under both without informing them of the other policy.

Example:

You lose your iPhone over the side of a boat whilst on holiday. You claim off your very expensive mobile phone insurance.

Your very expensive mobile phone insurance providers give you a new phone, but charge you the excess. They then get in touch with your home insurers and your travel insurance company to ask them to make a contribution towards the cost.

The net result is that you do not benefit, but the mobile phone insurers do - they charge you £15 a month for a year and make £180. When you claim, they give you a £500 phone but only pay £300 for it because they are linked to the network. Then the travel insurers and home insurers each contribute £100 or so, meaning that even if they pay out for your lost phone they still make £80 profit.

brewskeyboy

Oscar_The_Grouch wrote: »

To be honest, I know where you are coming from; when I first moved out of home, I had very little to insure!!

The thing to remember is that the cover provided is "new for old". Just to teach Grandma how to suck eggs, new for old means that if you were to drop your 32" CRT TV and break it, your insurers would replace it with a new 32" LCD TV. So even if you bought your TV for £25 from a bootfair, you still need to insure it for about £400 to cover the "new" cost.

If you go round your property and work out how much it would cost to replace everything, you may be surprised. Count PC/xBox games as £25 each and books at £5. Clothes are the worst to work out. Most companies do actually make a deduction for wear and tear on clothes, but it's best to count the "new" price, as it adds a little slack to pick up the bits you're bound to buy throughout the year!!.

Once you've done that, round the number up to the nearest £5,000. Then just go to one or more of the price comparison websites (they all do home insurance) and get a quote.

Do you use Quidco or anothr cashback site? Lots of insurers give you cashback for contents insurance. If you use cashback and get insurance for about £20,000, unless you live in the middle of a city, you should end up paying around £60 for a years cover.

Thanks for your advice. I suppose if I add stuff up that way, it is worth getting the contents insurance. I do have Quidco and had a quick look but there are so many on there and I know each one of them will be phoning me within hours of getting a quote to try and get a sale.

Out of interest, when getting a quote would you know whether I should be listing my property as a flat or as a house? I rent a flat in a terraced street but my flat was originally part of a house with the flat below. I also don't know how to work out when the house was built.

Thanks a lot!