Unless you have the time and patience to research every single mobile phone insurance and find out what their cheapest quotes are, it’s virtually impossible to ever really find the cheapest mobile phone insurance available. However, in order to lower the costs, there are a few things you can do.
First of all, research the main mobile phone insurance companies and see what quotes you get. Some will give you quotes, while others will simply have basic gadget insurance plans to choose from. The main companies are usually the most reputable ones, and doing a quick Google search will bring up the main ones on the first two pages.
If you have friends who have mobile phone insurance, ask them which company they are insured with. Sometimes you can get mobile phone insurance with your bank for relatively cheap prices, so this may be worth checking out too.
Make sure you consider the excess of the insurance you’re considering. A low excess will mean that you don’t have to pay as much if something goes wrong, like accidental damage or loss of your phone. Although the monthly cost may be cheap, make sure the excess isn’t too high for you to pay if unfortunate events do occur.
Due to the excessive number of mobile phones available on the market today, there are hundreds of mobile phone insurance companies offering great insurance deals to the owners of all different types of gadgets. When searching for mobile phone insurance, it’s important to do your research thoroughly if you want to get the cheapest deal possible.
Check out money saving websites that will give you some great tips about searching for insurance. One way to save money if you have a family or friends who would be willing to share the insurance policy is to insure all gadgets on the same policy. You can often save lots of money by doing this, and if everybody wants to insure their phones anyway, it’s not much extra hassle.
You could also try searching on mobile phone insurance comparison websites, as this might save you lots of time. When you find the cheapest one given to you by the comparison website, go onto that individual insurance website and get a quote yourself to see if it’s even cheaper when you do it separately. Sometimes insurance comparison website prices can be slightly higher than if you go directly through the company.
When taking out any insurance policy, one thing that people like to check before finalising anything is the amount of excess which they will need to pay if a claim is ever made. A higher excess means that the policy holder will have to pay more money if they’re making a claim, whereas a low excess means that they don’t have to pay as much.
As the whole point of taking out mobile phone insurance, for many people, is to save money if anything ever goes wrong, most people are looking for insurance with low excess. If you ever do need to make a claim, you won’t have to worry too much about the costs involved.
Although it’s a good idea to look at the general monthly cost (or annual cost) of the insurance policy and also the features of the policy to see if they suit you and your mobile phone, don’t forget to look at the amount of excess too. You might find that each plan has a different amount of excess, so that the more you pay per month, the less excess you have to pay if anything does go wrong. Consider your budget and how much excess you could afford to pay if need be.
Not everybody wants to spend a fortune on mobile phone insurance, particularly if they’re planning to get a new phone soon or if their budget is quite tight. If you’re trying to get mobile phone insurance on a budget, you can still get some great deals, as some mobile phone insurance packages start at just a couple of pounds per month when you pay it as a lump sum for the year.
Basic mobile phone insurance will cover all the essentials that you need from an insurance package. They almost always cover your mobile phone against accidental damage and theft, which are two of the most common problems. Thieves may sneakily pinch your phone when you put it down in a restaurant, or it may even get snatched from your hand at a bus stop, and the inconvenience of having to purchase a new phone as well as knowing that you’ve lost everything on your phone is a big problem.
One thing which budget mobile phone insurance plans don’t always cover against is loss. If you know that you’re a careful person who isn’t likely to lose a mobile phone, you could probably get by with a very basic mobile phone insurance plan which fits into your budget.
People are always trying to save money on insurance, whether it’s home insurance, car insurance or mobile phone insurance. There are a few tips when looking for insurance that could help you save a few pounds on your policy.
First of all, make sure you shop around thoroughly. There are hundreds of insurance companies offering insurance for your gadgets and there are also comparison websites promising to compare all of the best deals for you. Make sure you check out as many as possible before making your final decision, as you might find one that is considerably cheaper.
Next, it is always cheaper if you pay for the policy in full rather than per month. Mobile phone insurance isn’t usually very expensive anyway, so paying in one lump sum is usually very manageable and can save a few pounds which could be very helpful in another area of your finances.
Finally, try to insure more than one gadget with the same company. Most people will have a mobile phone and a laptop or tablet, and insuring these together could save you money. The gadgets don’t all have to belong to you either, as family deals are often available. You can insure the kids’ phones or your partner’s camera along with your mobile phone.