The very fact that smart phone sales have outnumbered computer sales proves how important and indispensable cellphones have become for us. There is almost nothing that you can not do with a mobile phone nowadays. They are used for storing important contact information of people, for different business needs, for connecting to friends and family through social networking sites, for taking that impromptu photograph, for storing and listening to one’s favorite music anywhere and anytime, for playing games, etc apart from the calling part.
Living a single day without a cellphone may make you breathless while losing or damaging one may seem to be a nightmare. So for many a cellphone insurance may seem a sensible decision and choice considering the important role that a cell phone plays in our lives. Add to that, cellphones come quite expensive whereas covering one under an insurance policy may cost you as little as $5 per month. But according to many a cellphone insurance may not be a good idea. So here we present 10 good reasons to you as to why cellphone insurance is not important.
1. You may not need the insurance at all
The importance of insurance comes into place when something unfortunate happens to your cellphone. But what if your cellphone serves you perfectly fine and neither you lose it nor it gets damaged? In that case you just waste your money in paying those insurance premiums every month. If you instead save the amount that you need to pay for the insurance premium every month, after a couple of years you would save enough to purchase a brand new cellphone.
2. The mobile phone may not be worth the additional expense
Sometimes the cost of the cellphone is less in comparison to the added amount of the insurance premium over a period of time. In such a case it simply does not make sense to get an insurance policy for your cellphone.
3. You have to pay deductible to get a replacement phone
Adding to the cost of the cellphone is the amount that you have to pay as deductible when you need a replacement for your lost or damaged mobile phone. Moreover, the deductible amount increases with the price or cost of the cellphone. So the costlier the cellphone is, the higher you pay as deductible.
4. The replacement cellphone may be refurbished or of a different model
Many a times the phone that is provided as the replaced one is a refurbished or used one. It also is not necessary that the phone provided to you will be in a great working condition. Then there are also chances that you will be given a cellphone of a different model and not the same one as you were using. You may have to shell out some extra cash as an upgrade fee if you want a new cellphone or one of the same model.
5. More expenses required for new accessories
Since mostly the replaced phone is of a different model, one has to buy new accessories for it. The accessories that you used with your lost or damaged phone may not be usable with the replaced cellphone. As it is, cellphone accessories come quite costly and then the replaced phone may not be in such a good working condition to deserve that additional expense.
6. The fine print
The insurance policy may have certain fine prints that include certain exemptions. Many policies do not cover some particular factors that may damage your cellphone while some others do not cover certain specific cellphone models. If you do not bother to go through the entire policy minutely, you may miss out on vital information and may end up getting no insurance benefit when you need it.
7. Insurance claim and getting replacement phone may be tedious
There may be long and tedious procedures involved in claiming insurance and getting a replacement phone. You may require to follow some specified steps as per the insurance company.
8. The entire process of getting insurance benefit is time consuming
Since the procedures are often long, you may have to wait for a longer time than expected to avail the insurance benefits. Apart from that, many times you do not even get proper support or response from the insurance company thus causing further delay.
9 . The cellphone warranty may cover all
You get warranty from the manufacturers of the mobile company which may be sufficient to cover all your damages. So you do not need to fork out more money for insurance.
10. You may be covered under other insurance
Some other insurance may automatically cover your mobile phone in which case you can claim against your mobile damage or loss from such insurance company. Thus the need for a separate cellphone insurance becomes invalid.