Best Cellphone Insurance Providers – Why spend a ton fixing your cellphone when you can get peace of mind with cellphone insurance at a fraction of the cost? Good news: the right insurance makes fixing your phone super affordable.
Getting a policy from the best cellphone insurance providers in 2024 is a smart move. It means you won’t be hit with a big bill if your phone gets stolen or damaged.
But keep in mind that getting a policy means paying a monthly or yearly fee, and the amount depends on the insurance company.
Some of the top cellphone insurance companies might ask for $5 to $20 a month. It varies based on your phone and the coverage you pick. If you haven’t thought about insuring your phone yet, now’s a good time to start.
Some people think phone cases are enough, but let me tell you, they might not do the trick in protecting your device.
Who Are Cellphone Insurance Providers?
Cellphone insurance providers are like guardians for your devices. If your phone gets stolen or broken, these companies take care of all the costs to fix or replace it. But if you skip the insurance, you’ll end up paying for repairs from your wallet, and that can add up to a lot of money.
Who Should Get Cellphone Insurance?
Securing cellphone insurance is a wise decision for everyone, without exception. It holds significant importance for safeguarding your device from potential theft or damage.
Whether you own a basic mobile device or a premium one like an iPhone or Samsung, having insurance is important. The cost of repairing high-end devices can be substantial, making insurance a prudent investment to mitigate potential financial burdens associated with damages or losses.
How Much Does Cellphone Insurance Cost?
Cellphone insurance comes at a reasonable cost, and like other insurance types, it involves a deductible. The deductible is the portion of the claim that you’re responsible for, and it can vary in size. For more budget-friendly coverage options, anticipate an additional monthly fee ranging between $7 and $10.
Furthermore, the pricing of cellphone insurance is influenced by the duration of coverage. As a result, you might find yourself paying over $100 for a year-long insurance contract, and if it’s a two-year deal, the insurance cost would amount to $200.
What To Look Out For Before Getting A Phone Insurance Policy
There are certain things you should look out for when purchasing cellphone insurance. Rather than just looking for affordable cellphone insurance providers, look out for:
Convenient Claim Coverage
Convenient claim coverage is what you should look out for when purchasing cellphone insurance.
policy. Research the details of how you can make a claim. Most cell phone insurance plans require you to return to an authorized dealer. While some may require payment at the time your claim is made.
Types Of Risks Covered
Another important aspect to consider is the scope of risks covered by your cellphone insurance. While many plans offer comprehensive coverage, it’s important to be aware that specific types of coverage may come with their separate deductible.
Understanding the nuances of coverage types ensures you are well informed about the extent of protection your insurance plan provides.
Affordable Premiums
Affordability is another key consideration when exploring cellphone insurance options. Certain providers may impose monthly premiums nearing $15 for a single cellphone.
Before committing to any insurance policy, it’s prudent to take the time to calculate the overall cost throughout a two-year contract. This ensures a thorough evaluation of the financial implications associated with the chosen insurance coverage.
Reasonable Deductible
Look out for a reasonable deductible before you purchase a policy.
Best Cellphone Insurance Providers of 2024
If you are looking for the best cellphone insurance providers in 2024, then you should take a look at the list below.
AT&T Device Protection
Exploring AT&T Device Protection is a wise choice for AT&T customers seeking comprehensive coverage. The available plans range from basic coverage to step-level options, featuring delightful perks like cloud storage, ID protection, and tech assistance.
It’s important to note that deductibles may be applicable depending on the device and type of claim. However, AT&T eases this cost burden by generously reducing deductibles by up to 50% for your claims at no extra charge for six months.
Starting at a reasonable $8.99 per month, the basic plan offers a solid foundation of protection. This plan covers theft, damage, and out-of-warranty malfunctions, ensuring a well-rounded safeguard for your devices. Notably, it also extends coverage to a loss for phones or tablets.
Samsung Premium Care
Samsung is well-known for its awesome devices, which are loved by all Samsung users. If you’re a Samsung user, you might want to check out Samsung Premium Care; it’s like a guardian for your phone.
This service focuses on helping with phone problems and fixing any damage, but it doesn’t cover lost or stolen phones.
What’s cool is that it also takes care of accidental issues, like if your phone accidentally slips from your hand, gets spilled on, or takes a little tumble. The price depends on what kind of protection you want, ranging from $11.99 to $19.99 per device each month.
So, if you’re all about getting quick help for your phone and want coverage for accidental oopsies, Samsung Premium Care could be just the thing for you. It’s like having a safety buddy for your beloved Samsung device!
AppleCare+
When it comes to reliable cellphone insurance, AppleCare+ stands out as a top choice. Specially designed for iPhone and iPad users, it’s a trustworthy option that you can count on. What’s great is that you can decide to get coverage for your device for up to 60 days after purchasing it.
While there are other insurance options for iPhones out there, many iPhone users prefer AppleCare+ for its seamless service. AppleCare+ offers two plans: the standard AppleCare+ and the enhanced version with theft and loss coverage. It’s important to note that AppleCare+ primarily covers damage to your phone.
If your iPhone ever encounters screen damage, the good news is that there’s a reasonable deductible of $29. However, for the overall coverage, you’re looking at a monthly cost of $5.99.
It’s a small investment for the peace of mind that comes with having your iPhone protected by AppleCare+. It’s not just insurance; it’s a smart choice for the safety of your valuable device.
SquareTrade
If you are searching for wallet-friendly cellphone insurance, SquareTrade could be your answer. It’s just $8.99 each month, making it pretty affordable. Now, if something goes wrong with your phone and you need help, SquareTrade is there.
But there’s a catch: you’ll need to pay some money, like a fee, if you make a claim. This fee ranges from $25 to $149, depending on what happened to your phone.
But the deal is that SquareTrade won’t cover you if you lose your phone or if someone snatches it. Nope, it’s only there for accidental bumps and bruises. Also, it doesn’t help if your phone takes a swim; water damage is a no-go.
So, if you’re cool with just getting protection for accidental oopsies at a low cost, SquareTrade could be your go-to choice. It’s like a safety net for your phone without burning a hole in your pocket.
AKKO
AKKO is the overall best cellphone insurance provider. It does not only offer insurance for cellphones; it also protects your electronics, audio gear, countertop appliances, photography and video equipment, etc. AKKO is famous among consumers and publications, so you can be sure that you will get value for your money. Also, you can get discounts when you sign up for bundle coverage or a family plan.
Frequently Asked Questions
Can I Get Mobile Phone Insurance For A Second-hand Phone?
Yes, you can get cellphone insurance for a second-hand phone. But you have to know that each insurer handles used phones differently.
My Gadget Is Still Under Warranty; Do I Need Insurance?
Warranties cannot be fully relied on because they provide no level of protection against theft, loss, or accidental damage. The only thing they cover is mechanical failure.
Can I Get Cellphone Insurance Immediately After Purchase?
Yes, you can. Some providers will let you purchase insurance when you buy a new cell phone.
