As mobile phones are becoming more and more expensive – and more and more vital in our day-to-day lives – it’s never been more important to make sure that they’re protected from the elements. However, there’s simply so much choice when it comes to choosing how to cover your mobile, whether it be through the manufacturer, your network, or a third-party insurer.
To help make this decision a little easier, we’ve compared our services against mobile phone insurance from Tesco, so all you have to do is decide on which cover is best for you.
Home and Contents Insurance
Home and contents insurance is a great way of ensuring that everything in your home is protected should the worst happen. Whether it’s accidental damage, a theft, or a fire, if you have contents insurance, you’ll easily be able to replace your mobile.
This would be perfect if you didn’t have to leave the house every now and then. Unfortunately, most home and contents policies do not cover your items when you are outside the home, so if you should accidentally drop your phone whilst popping to the shops for a pint of milk, you may have to pay through the nose to fix it. Fortunately, Tesco’s Home and Content Insurance does offer an additional cover for expensive items that frequently leave the home with you – as long as they do not exceed £2000. So it is possible to keep your phone safe with Tesco mobile phone insurance, however, you will have to pay extra on top of your original contents cover.
If you’re seriously concerned about the prospect of accidentally damaging your phone, or it being stolen and not being covered, it’s always a good idea to go with a specialised insurer like Mobile Phone Insurance Direct. Rather than covering your entire home just to ensure that your phone stays safe, we offer tailored plans that suit you. Furthermore, the excess you pay with us could be far cheaper than the excess on a home insurance plan. For example, on a iPhone 13 Mini, you could pay a £65 excess on a claim, whereas a home and contents excess would be considerably more.
One of the most stressful times to damage or lose your mobile is when you’re abroad – and many insurers recognise this. Whilst it’s always a good idea to procure travel insurance before you start jet-setting, especially in case of a medical emergency, most insurers will not cover your personal belongings in a basic plan. However, there are options to add personal belongings to your insurance so that if your mobile is broken, lost, or stolen, you’re covered.
Tesco Travel Insurance offers Gadget Cover as an optional extra to their policies. It covers devices up to 4 years old and bought in the UK with a valid proof of purchase. The limit of the cover is £3,000 which should be enough to cover even the most expensive mobile phones. Excess for this policy is set to £50 per person.
Insurance Through the Network Provider
Most, if not all, mobile phone networks offer insurance plans when you buy a new handset or take out a new contract. These usually cover a whole range of potential problems, including minor and major damage, theft, and loss. However, while the breadth of cover can be hard to beat, it does come at a price, with many providers opting for blanket monthly fees and premiums (on top of what you’re paying for the phone) regardless of the length of your contract or the age and model of your handset. It’s very likely that someone with an outdated phone could be expected to pay the same premiums as someone with the latest device.
This is one department where Tesco Mobile Phone Insurance does offer something a little different. Rather than universal premiums for all their customers, there is a variety of bands that your device could fall under, which decreases your monthly payments as well as the excess in the event of damage. This ranges from as little as £4 a month with a damage excess of £25 to £12 a month with an excess of £85. Of course, this depends entirely on the make and model of your device and is at the discretion of the network provider, so you’re not always going to be guaranteed savings.
Mobile Phone Insurance Direct, as a pure play provider, does offer a sliding scale of monthly cost depending on the age of your device. For example, you can get Premium Cover on an iPhone 12 for just £6.99, while a brand-new iPhone 13 Pro would be £8.99. Additionally, the average excess charge you can expect to pay is just £80, so if you’re worried being out of pocket if you lose your latest handset, don’t be. And while Tesco’s mobile insurance offers only apply to users of their network, our prices are available across the spectrum, so nobody will miss out.
Insuring Your Mobile with Us
At MPID we are concerned with one thing and one thing only – the welfare of your mobile phone. It’s in the name, after all! Compared to other providers, such as Tesco mobile phone insurance, you have the power to tweak your policy to suit you, and you can benefit from great savings too.
With Mobile Phone Insurance Direct you’re protected against accidental damage, theft, loss, screen damage, and so much more – both at home and abroad. For cases where the phone is damaged, we’ll ensure that it’s returned to you as good as new, and we’ll even throw in a 12-month warranty as well. In instances where your phone is lost or stolen, we’ll endeavour to get a replacement sent to you as soon as possible. All replacement models also have a 12-month warranty to ensure your peace of mind.