Guide to Mobile Phone Insurance

You've got more important things on your to-do list than sort out mobile phone insurance, right?! But it's annoying isn't it. Losing your phone or finding it has got water damage. You're normally left staring at a £200 outlay for a replacement or you've been paying your network provider through the nose each month to secure a reconditioned replacement through their own mobile phone insurance add-on. Even worse, you could mistakenly believe that your mobile phone insurance needs are catered for by your contents insurance, only to find out they're not when you want to make a claim. But that doesn't have to be the case if you've got mobile phone insurance cover.

More than 700,000 mobile phones go walkabout each year, resulting in the funding of a replacement as well as the cost of all the fraudulent calls to foreign countries made before you realise what's happened. That's one mobile phone disappearing every 45 seconds. So why haven't you sorted your phone insurance cover sooner?!

What does phone insurance do?

You can expect your phone insurance policy to protect your mobile or PDA against theft, loss, water damage, airtime abuse and accidental cover, for both the UK and abroad, whichever service operator you're tied to.

Mobile phone insurance or contents cover?

For those who already have contents insurance, some decide to consolidate their phone insurance needs within that. Although most of the major insurers cater for this (including cover whilst away from the home), a dedicated phone insurance policy can be a better option if you encounter problems whilst travelling abroad as well as airtime abuse.

In addition, making a claim on your contents insurance could result in your premium rising in relation to the total value of all your contents. If you have a phone insurance policy, any claims will only increase your phone insurance premium in relation to the value of your mobile phone, not all of your possessions. So, why haven't you arranged your phone insurance sooner?

Mobile Phone Insurance Companies

If you wish to separate the cover for your mobile phone from your home contents insurance, here's a helpful list of mobile phone insurance providers who sell affordable policies for this specific type of cover:

• Mobile Phone Insurance Comparison