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Smartphone Insurance Blog

by on Feb.08, 2012, under Mobile Insurance

Ensquared the number 1 authority in phone insurance understands that Phone insurance is very diverse, including a wide spectrum of smartphones from iPhones to Android brands to Blackberries. Phone insurance customers may ask for different combinations starting with extended damage only, or extended warranty plus accidental damage, or both of these plus coverage for lost and stolen – otherwise known as comprehensive phone insurance.

The decision on which phone insurance options to go for depends (a) on the cost of replacement if uninsured and (b) what is considered to be the biggest risk. This creates insight into the phone insurance dynamics. For example, the iPhone is a much bigger theft target than are the Android devices even though the upper-end Androids cost the same as iPhones to replace. Therefore phone insurance taking in Androids is more expensive at both the premium (23% less) and deductible level (58% less). In fact, the phone insurance cost, today such an important consideration for expensive replacements (up to $700 per time) may well be the deciding factor when choosing between iPhone and Android options.

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