Home > Blog > Do You Need Iphone 7 Insurance

Do you need iPhone 7 insurance?

Joe Howell's picture

iPhone 7 insurance

If you're thinking about buying a shiny new iPhone 7 when it launches in September then you might be wondering if you should get mobile phone insurance for it. It isn't necessarily for everyone, so here are a few things to think about in order to help you make an informed decision.

How careful are you?

If you know that you're a bit clumsy and are always dropping your phone then getting iPhone 7 insurance might be a no brainer. For the more careful among us it can be tricky to weigh up the risks.

A new iPhone 7 is likely to cost you £539 for a 16GB model - whether you buy it upfront or included in a contract. If you drop it then there's a good chance that you'll crack the glass screen, and replacing the screen in an Apple store would cost £106.44 (based on their current prices for iPhone 6s screen replacement). Insuring your iPhone 7 for the year would cost £71.89, and for any claim you made there would be a £50 excess fee. So if you think you might only drop your phone once a year you might decide that it's more cost effective to just get it repaired as and when it gets damaged.

That could change of course if you drop your iPhone 7 down the toilet or have it stolen - as you'll then need to replace rather than repair it. In this situation you'd have to pay another £539, which could be a very hard pill to swallow.

Will you use a decent case?

In the Tinhat office we all have cases on our iPhones. For a start it reduces the likelihood of you causing cosmetic damage to your phone (and increases the resale value), but it also makes it grippier and less likely to slip out of your hand. Unfortunately the more stylish iPhone cases (like the ones that Apple make) aren't the most protective, and it's still easy to crack the screen if you do drop it from a height. There are few cases that are waterproof too, and the selection is particularly poor during the first few months after launch. So unless you've invested in a very rugged and resistant case your iPhone might not be as safe as you think.

Do you already have insurance?

It's possible that you already have insurance through your phone contract, a premium bank account or on your home contents insurance. If you do then it's still worth comparing these to a standalone iPhone 7 insurance policy to ensure that you're getting the right level of cover at an affordable price. Excesses fees can vary wildly between providers, and you might find that claims adversely affect your insurance premiums. You might also need to specify details of the phone in order to activate your cover, so if you do buy an iPhone 7 when it launches and you want to stick with an existing policy, make sure that you inform your insurance provider that you want it insured.

What's next?

If you decide that you need iPhone insurance you can get a quote from Tinhat by clicking the button below. We have some of the most affordable premiums and lowest excess fees around, so see how we compare today:

 

iPhone insurance