Thinking about buying your next mobile phone from O2, or already have one? If it’s an expensive phone you’re probably wondering what the best way to protect it is, and there are loads of options available to you. In this article we take a look at the pros and cons of each, but if you’ve already done your research feel free to get a quote from us by clicking the button below:
O2 Mobile Insurance
You can only buy mobile phone insurance directly from O2 within the first 28 days of buying your phone contract or upgrading. So if you’ve already received your new mobile you might not be able to insure it with them. Full details can be found at https://www.o2.co.uk/shop/services/mobile-insurance, but we’ll sum up some of the benefits below:
Pros
- Next day replacement.
- Submit a claim any time of day or week.
Cons
- High premiums
- Has to be purchased at the same time as your phone.
- High excesses
- Doesn't cover unauthorised usage.
tinhat™ Mobile Insurance
Our insurance is quite a bit cheaper than buying directly from O2, but unfortunately that means that we can’t offer next day replacements. Find the key pros and cons below:
Pros
- Cheaper premiums, from £4.49 a month.
- Lower excesses, from £50 for mobile phones.
- No limit on the number of claims you can make.
- Can be bought any time within 12 months after purchasing your phone.
- Also covers accessories up to the value of £150.
Cons
- Takes a few days to process claims and then provide a repair or replacement.
Home Contents Insurance
If you already have home contents insurance then you can probably add your mobile phone to the same policy. Here are some of the key pros and cons of doing so:
Pros
- Can be cheap to insure, often no more than £35 per year.
- Some home insurers will give you cash instead of a refurbished replacement.
- It's convenient to have everything under the one policy.
Cons
- Excesses tend to be very high, often around £200.
- Claiming could affect your no claims and increase your premium later on.
- Home insurers tend to take long to repair your phone.
What We Cover
Breakdown Cover1
Covers you for repairs and replacements to your device if it suddenly stops working outside the manufacturers warranty.
Battery Cover
Covers you for repairs and replacements to your battery if it suddenly stops working outside of the warranty.
Theft Cover
Covers you for any loss resulting from your device being stolen, as long as it is in your possession or stored in a secure place out of sight.
Liquid Damage
Covers you for any accidental damage to your device that results from splashes or full immersion.
Worldwide Cover
This policy keeps you covered for the use of your device anywhere in the world. Unlike many insurers there is no limit on the length or number of trips.
Accidental Damage
Covers accidentally cracked screens and any other damage that prevents your device from functioning normally. Accidental damage does not cover general wear and tear or purely cosmetic damage.
Contract Cover
Claim up to £50 per month, for up to 6 months for your Mobile Phone line rental if you lose your job through no fault of your own.
Accessories Cover
We’ll replace any accessories (up to £150) if they are damaged, stolen or lost at the same time as your device regardless of whether they were supplied with the device or not.
Loss Cover*
Covers you for the replacement of your Mobile, Tablet or Smartwatch if you accidentally lose it. Please note that loss cover isn’t available on any other types of device.
Unlimited Claims
Unlike many insurance providers, we don’t limit the number of claims you can make on this policy.
Unauthorised Usage
If your Mobile Phone is lost or stolen we will cover up to £2,500 of unauthorised calls.
Family Use
All our policies cover your device when being used by your immediate family , i.e. your mother, son or your domestic partner.
* Loss cover is only available for Mobiles, Tablets and Smartwatches.
1 Laptops not included.