Will Travel Insurance Cover Stolen Phone?

Imagine walking on the streets of your dream destination. You’ve been dreaming about this place and saved money just to be there. So you take every opportunity to take pictures of the place wherever you turn. However, your reverie got cut off when suddenly a man came running and snatched the phone from your hands. No one was there to help you and all you can do is cry. If only you have insured your phone, you thought. 

But is there a mobile phone travel insurance? The answer is Yes, and you can use this extension to cover your phones and other valuables. Having a mobile phone travel insurance in place has the following benefits:

• Stress-free travel knowing that you and your phone are covered
• Reimbursement of the phone’s current value
• Peace of mind 

Insuring your smartphone is easy using the following parameters: model, brand, serial number, value, and how long you’ve been using your phone. 

Why do you need phone insurance?

Statistics show that  16 percent of phone damages are cracked screens, while 8 percent are from water damage, and another 3 percent gets stolen. 

When your phone gets stolen or you lost it, some insurers will lend you a phone until you have your own phone again. If the battery is dead, the insurer might lend you a battery. Aside from these, mobile phone insurance also covers accidental insurance. In other words, if you accidentally damaged your phone or dropped it resulting in a crack, the Insurer will have the broken glass replaced. 

On the other hand, some phones do not cover old SIM cards or phones that have been damaged by water. 

How to Find the Best Phone Insurance

 There are a lot of insurance companies these days and chances are that most of them are offering phone travel insurance policy. But here are some steps to determine whether that insurer is the right fit for you or not. 

• Request a quote 

Most insurance websites have an insurance checker tool. All you need to do is enter your personal information the tool is asking for. Then enter your travel dates and after that, the tool will churn out numbers for you. 

• Use filtering tools to narrow your choices

If you want to be more specific with your quote, you can add more keywords on the blank fields. 

• Buy online

Once you have decided, you can use your credit card to purchase your phone insurance. On the other hand, if you want to talk to an insurance agent first, you can visit an insurance company near you.

 

*This is a collaborative post.