Insuring phone ?

venomx

My content insurance say the phone is covered indoors. Does this mean if by some freak chance I damage it at home they’ll send me the money to repair it ?

SaverRate

venomx said:

My content insurance say the phone is covered indoors. Does this mean if by some freak chance I damage it at home they’ll send me the money to repair it ?

Who is your insurer? What are their terms and conditions? Does it cover accidental damage? 
RE: Protectmybubble, you say your contents insurer quoted £108, how long is that for? As £8.50x12=£102+the excess? Is there an excess on your contents insurer? 
Seems crazy to spend £8.50/month + either £60 or £100 excess for a £300 phone?!

venomx

“A plan “which have relations to aviva
it covers damage and loss inside the property 

contents insurance quote is £108 for 9 months for the phone only, inside and out the house 
excess is £100 which the contents insurance 

Protect your bubble is slightly cheaper plus thy have the ability to repair it for me

SaverRate

venomx said:

“A plan “which have relations to aviva
it covers damage and loss inside the property 

contents insurance quote is £108 for 9 months for the phone only, inside and out the house 
excess is £100 which the contents insurance 

Protect your bubble is slightly cheaper plus thy have the ability to repair it for me

Hrm so essentially £200 if you need to claim, just put £200 into savings and hope you dont break it. Just think if you dont break it in the first year you have saved yourself £200 and technically should have £400 in savings ready for the next year! If you do need to claim in the 1st year your only paying £100 extra if you dont insure your phone and you could then use it to get a brand new phone instead of a repaired/reconditioned phone if you claimed through insurance. 

venomx

Makes sense thanks 
The only thing holding me back from cancelling my protect my bubble is , if it does get damage who do I turn to ?

SaverRate

venomx said:

Makes sense thanks 
The only thing holding me back from cancelling my protect my bubble is , if it does get damage who do I turn to ?

If you don’t have an insurance policy then find the cheapest place to buy a replacement phone from that you want. Alternatively find a phone repairer either in your local town, online or go direct to the phone manufacturer? To be honest by the time you have done this you may aswell buy a new one. At the end of the day you can get a basic Samsung android phone from Amazon for £100. So if you don’t have say £300 for a new phone you could get the £100 one which saves you between £60 and £100 if you claim through insurance. If you go with a new phone and Once you have your new phone then go online to say o2 recycle Or music magpie and sell the damaged phone. May only get say £5 but that’s £5 towards your new phone. 

Honestly you are just throwing money down the drain with the insurance especially as you said chances of it being damaged etc are slim. 

venomx

Got myself a nice strong case and screen protector.

I’ve decided to keep the bubble insurance for 6 months. As by then the price might depreciate therefore making the insurance more than the value of the phone