mobile phone insurance

steiff1

is this really worth it, or just a con??

I finally have a brand new phone samsung z400, and I'd like to insure it, but o2 charge an extra £5 a month for proper full coverage. that makes my cost £30 a month, as my contract is £25.

I'm trying to save money, not spend more.

what can I do?

gam3r

It depends on what you do really. If your careful with the phone then you might get away with not having it, thats what i did and now my phone is uninsured and has been for over 3 months...an alternative to insuring your phone? be extra careful

vwman_3

steiff1 wrote:

is this really worth it, or just a con??

I finally have a brand new phone samsung z400, and I'd like to insure it, but o2 charge an extra £5 a month for proper full coverage. that makes my cost £30 a month, as my contract is £25.

I'm trying to save money, not spend more.

what can I do?

My friend who needs his phone for his work, he is self employed his monthly bill is in excess of £150 and sometimes double that, decided that he was going to save some money (£7.50p per month) and not renew his insurance, well sods law he dropped it and it broke he took it into CPW got it fixed, he was without the phone for 10 days then on the way home after collecting it he lost it, but the git who found it ran up a huge bill so now he insures it.........

SenorGroucho

In the long run you will be far better off never taking out any insurance for anything other than house, car insurance and maybe travel insurance.

miketebb

Your phone will probably be covered for loss/theft under 'items away from the home' on your contents insurance. If you have accidental damage then you should be covered for dropping the phone as well. (Subject to excess of course).

I would check your contents policy - it's a lot of money for cover on a single item.

vwman_3

Good news, my phone is covered on the house insurance...........bad news got a £200 bloody excess......ah well.......