5 Reasons You Need Cell Phone Insurance | Asurion

5 Reasons
Smartphone Insurance Is So Important

Thinking of upgrading your smartphone or tablet soon?

There are a lot of questions to consider when pondering a new device purchase.

But, you might not have answered these yet:

“Do I need cell phone insurance?”

“Is phone insurance worth it?”

As with many types of insurance, mobile protection has its naysayers—those who believe that having coverage on your device in the event of loss, theft or damage is a waste of money.

Here are 5 facts to consider before making your decision:

#1: Replacement phones can be expensive. Deductibles are actually lower than the cost of a new smartphone.

People with cell phone 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 coverage is pointless; with mobile insurance, you’ll still come out way ahead. *The average cost of a non-contract smartphone through your consumer cellular plan—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.

#2: A good protective phone case doesn’t cover everything.

While investing in a protective case for your phone is a smart decision, since it’s all that comes between your cell phone and an unforgiving sidewalk, it doesn’t prevent your new iPhone 7 or Galaxy S7 from getting lost, stolen, or suffering irreparable water damage. *Approximately 80 million smartphones are lost, stolen, or damaged each year, at a rate of 2.5 phones every second! Asurion, unlike most other companies, covers it all—loss, theft, accidental damage, malfunction, and in some cases, even normal wear-and-tear.

#3: Filing a mobile phone 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 devices 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 device.

#4: Outside phone 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 water damaged devices.  Plus, if anything else were to happen to it, the phone manufacturer is off the hook and you’re stuck with a bill.

#5: Peace of mind is grand.

Some believe protection plans just aren’t worth the cost 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 a phone protection plan. Asurion offers the coverage you need, plus comes with a host of valuable features like virus protection, phone location app, 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.

Having phone insurance can save the day!

Mobile phone insurance can usually only be added within days of activating a new phone. If you aren’t replacing your cell phone now, you still might want to check with your wireless carrier to see if you can add a protection plan.  There may be an open enrollment period coming up.

Learn more about phone protection for your smartphone.

Happy Phone Insurance customer

Lost or stolen phones are a real risk and can definitely happen. Use these tips to be prepared and, if you do lose your phone, act quickly.

See the 7 survival steps

If you’re still holding your phone right now, take these steps to make sure your data stays safe.  Phone protection steps to help you recover the data from your lost, stolen or broken phone.

Learn how to prepare

Looking for the peace of mind that comes with staying connected to your life even when something happens to your phone? Our insurance product is available at many carriers and retailers, including those below: