do i need cell phone insurance? 4 reasons to buy a plan

You've probably scuffed up or dropped your phone at least once. And although one mistake usually doesn't doom your device, we know that often it only takes a single mishap to ruin your day (and your phone).

Even though that extended warranty sounded fancy when you first added it to your phone plan, you'd be surprised what some of them won't cover.

While phone accessories like cases and screen protectors may shield your phone from a tumble, they're not going to protect it from things like theft and water damage.

That's where phone insurance steps in. It's important to explore your options when it comes to protecting the device that can be so much more than just a phone to you.

Here are 4 reasons why investing in an insurance plan for your phone is one of the best calls you can make.

1. you can get protection for your phone anytime

We've all gotten the sales pitch at the register when we're upgrading our phones. Many service providers require new customers to add insurance within 30 days or less of plan activation or renewal.

The nifty thing about getting your own cell phone insurance plan through our partner, eSecuritel, is that you can get protection for almost any phone, regardless of when it was purchased.

2. reliable coverage is really affordable

Insurance for your cell phone can cost anywhere from $5 to $11 per month, depending on your service provider, the coverage level, the deductible you choose, your phone, and more.

Most phone insurance deductibles vary between $50 and $200 if you need to make a claim, depending on your phone's replacement cost and other factors. But when you consider the fact that the average smartphone costs more than $400 at full retail price to replace, it can make sense to invest in such inexpensive coverage.

3. phone insurance covers things your warranty doesn’t

Most cell phones come with a 2-year manufacturer's warranty these days, keeping costs for things like mechanical failures and software defects from coming out of your pocket.

But phone insurance covers your smartphone for everything your warranty does — plus damage, theft, and loss (even after your manufacturer's warranty expires). About 1 in 4 people have their phone stolen each year, and countless more damage it beyond repair.

Having the right coverage can be a real lifesaver if something happens and you need to replace your phone without paying an arm and a leg.

4. filing a claim is super easy

Making a claim on your phone insurance is as simple as going online or placing a call to your insurance company, and providing them some details on your phone and the incident related to the claim. Processing your claim can take just a few minutes.

Once your phone claim is approved, you can generally get a replacement phone in less than 2 days with expedited shipping. Some insurance providers even allow for in-store pickup at designated locations, so you can be up and running (er, texting?) again in no time.

buying a policy for your phone

If, after weighing the pros and cons, you decide that cell phone insurance is worth the money, actually buying a policy is the easy part! You can get a free phone insurance quote through Esurance for reliable coverage that helps protect your device.

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