Thinking of upgrading your smartphone or tablet soon? There are lots of questions to consider when pondering a new device purchase. But, you might not have answered these yet: “Do I need mobile device protection?” or “Is phone insurance really worth it?”
As with many types of insurance, mobile protection has its naysayers—those who believe that protecting your phone in the event of loss, theft or damage is a waste of money. But before you decide, make sure you know the facts:
Fact #1: Replacements are expensive. Deductibles are actually lower than the cost of a new phone
People with smartphone insurance are sometimes surprised to find that they have to pay a deductible when filing a claim.But, just because you have to pay a deductible when filing a claim doesn’t mean insurance is pointless; with insurance, you’ll still come out way ahead. *The average cost of a non-contract smartphone—that is, one that doesn’t come for some remarkably low price when you sign a multi-year contract—is $545. The average deductible is quite a bit lower, even when factoring in the monthly insurance fees.
Fact #2: A good case doesn’t cover everything.
While investing in a protective phone case is a smart call, since it’s all that comes between your smartphone and an unforgiving sidewalk, it doesn’t prevent your smartphone from getting lost, stolen, or suffering irreparable water damage. *Approximately 80 million phones are lost, stolen, or damaged each year, at a rate of 2.5 phones every second! And Asurion, unlike most other companies, covers it all—loss, theft, accidental damage, malfunction, and in some cases, even normal wear-and-tear.
Fact #3: Filing a claim is very easy.
Contrary to popular belief, filing a mobile insurance claim is not a pain in the neck and you will not be on hold for hours. You can make a claim with Asurion 24 hours a day, seven days a week, online or over the phone. Plus, Asurion sends *96 percent of its replacement phones out for next-business-day delivery. That sure beats making an appointment at your neighborhood cell phone carrier for the privilege of paying full price for a replacement.
Fact #4: Outside repairs are risky.
You may not always have the option to get your phone fixed if it breaks. If your phone can be repaired, you have some options, but device repairs often void the manufacturer warranty on your smartphone. Generally, this does not apply to lost, stolen or waterlogged devices. Plus, if anything else were to happen to it, the maker is off the hook and you’re stuck with a bill.
Fact #5: Peace of mind is grand.
Some believe insurance just isn’t a good value since ‘you probably won’t ever need it.’It’s true, you may never lose your phone. You may never drop your phone in the toilet or launch it off the roof of a thirteen-story building. Similarly, you may also never get into a car accident, but you still need car insurance. The bottom line is, you’re taking a risk without phone insurance. Asurion offers the protection you need, plus comes with a host of valuable features like virus protection, phone location apps, automatic data backup and live tech support.
Don’t take your chances. Phone insurance, like health or vehicle coverage, are worth it and are not scams. But don’t just take our word for it – read reviews from real customers we helped recover from cracked screens, water damage, and even lost or stolen smartphones…within 24-48 hours.
Unfortunately, mobile insurance can usually only be added within days of activating a new phone. If you aren’t replacing your device now, you still might want to check with your wireless carrier or visit Asurion.com to see if you can add it. There may be an open enrollment period coming up. Depending on your situation, having phone insurance could really save the day!
*Asurion 2015 Claims Data