Do I need mobile phone insurance?

pnq06

I've been with orange for 12 months or so and have the insurance which costs £6 per month so thats £72 per year...

Question is, do I really need it?

davetrousers

Nope

Cancel it. If you are worried put £6 in a pot each month.

pnq06

Thanks Dave- I've only just realised that woolies and tesco sell phones for as little as £25 if this one happens to break!!!

davetrousers

Just imagine if you had a jar with £72 in it what you could do with it now.

Badger_Lady

No-one ever needs insurance (legal obligations aside) - just depends how much risk you're willing to take!

In your case, I'd say it's too expensive, ditch it now. But someone else will probably think it's worth paying a small(ish) amount each month to avoid the risk of losing their phone.

Up to you, at the end of the day! If you're happy to cope yourself if your phone gets broken, that's what you should do :-)

pnq06

davetrousers wrote: »

Just imagine if you had a jar with £72 in it what you could do with it now.

hmmm :rolleyes:

Would of certainly benefited me now- its my OH who's careful and wants insurance on everything!!!

Alec_Eiffel_2

Doesn't the insurance also cover unauthorised calls? If you lose you phone and don't realise for a while (for whatever reason), aren't you liable for calls until it is reported and blocked?

davidjones90

Alec_Eiffel wrote: »

Doesn't the insurance also cover unauthorised calls? If you lose you phone and don't realise for a while (for whatever reason), aren't you liable for calls until it is reported and blocked?

Thats correct. Im considering taking insurance on this basis and for the fact you cant cap your monthly bill!!

pnq06

Think I need to get the insurance out as I don't actually know what it covers me for!!! I've never needed to use it with any of my phones...