Recommend Smartphone Insurance to me

[Anonymous]

I am looking for a dedicated insurance policy for my iPhone 5 and would appreciate some advice on my options.

I already have AppleCare for the mechanical warranty (yes I am aware of the difference between the EU Statutory limited warranty and the AppleCare extended warranty).

I am looking for Accidental Damange, Loss and Theft cover - what, in the US, would be the AppleCare+ plan which is not currently available over here in the UK. I do not want to tie it in to my household policy because that will adversely affect my premiums in the case of a claim. The House always wins, remember.

I would prefer to know about the more comprehensive policies. While the phone is not a business critical phone so does not need a Gold Next Day "delivered to your hand by dusky maidens" service, I would prefer to avoid Honest Joe's Phone-Cover-4U policies and stick with a good brand of insurance.

So... what are my options here folks?

[adamtemp64]

I would recommend you do your own resarch on the web as making recomendations here can be very subjective.

We insure all our phones (business) on a dedicated business insurance contents / all risk policy and have not had to calim yet. We were with o2 but ditched it due to very high costs and again no claims for 5 years. 3 iphones costs approx £30 a year to add to the policy and an ipad has just worked out at about £12 a year £100 excess.

Try bank account etc

[perksie]

I would prefer to self insure by putting some money away in a savings account and topping it up until it reaches the value of your phone.

The O2 Insurance scheme doesn't seem to be good value:

http://www.o2.co.uk/money/mobileinsurance

[sheepdog · Accepted solution]

I have the American Express gadget insurance which covers all my gadgets for £9.99 a month. That has a zero excess too and you don't have to register anything up to £250. Above that and to £1500 is covered but not gadgets over 3 years old. Personally, it suits me as I'm carrying new items now otherwise I'd not bother and do what Perksie does.