Insuring phone ?

venomx

What’s the best way ? My contents insurers want £108 which will cover

Me until January 2021. This includes losing the phone outside of my home ?

It’s a £300 phone 

SaverRate

venomx said:

What’s the best way ? My contents insurers want £108 which will cover

Me until January 2021. This includes losing the phone outside of my home ?

It’s a £300 phone 

£108 seems steep especially from a Buildings/Contents Insurer! Ours are covered but only increased our policy by like £10? Personally I would save the £108 and wouldn't insure it but then if your highly likely to lose/drop and damage your phone it may be worth paying the £108? Have you looked elsewhere for mobile phone cover?

venomx

Not yet. Is protect my bubble any good ?

never lost or had a phone stolen before but don’t like taking chances 

SaverRate

venomx said:

Not yet. Is protect my bubble any good ?

never lost or had a phone stolen before but don’t like taking chances 

I have never used protect my bubble. They seem to have good reviews on trustpilot although I would look around at different review sites or even search the forum for reviews before purchasing. I would also check the terms and conditions of the policy to ensure it meets your needs. 

giraffe69

Some Bank account perks provide this insurance.

EssexExile

I don't quite understand your first post, are you saying your insurer wants over £100 to insure a £300 phone? Or is the insurance £100, which includes cover for the phone?

venomx

EssexExile said:

I don't quite understand your first post, are you saying your insurer wants over £100 to insure a £300 phone? Or is the insurance £100, which includes cover for the phone?

 The phone is £300. 

The insurer wants £108 to cover me until early 

Protect your bubble is £8.50 per month fully covered. Think I’ll go for that

venomx

This is what they quoted

DCFC79

Why not put the monthly cost into a savings account and if anything happens use that money to replace the phone. 

EssexExile

venomx said:

Protect your bubble is £8.50 per month fully covered. Think I’ll go for that

Really, £100 a year to cover a £300 phone? Madness.

venomx

It’s £8.50 per month so I can cancel at any time

setting money aside each month is a good idea but if I have insurance I have peace of mind that if I break it it can be fixed ( where else does this ) and if I lose it it can be replaced 
however I’ve never broken or lost a phone before, I also have a good durable case coming so I’ll decide then