Cellphone repairs or replacements can be costly surprises, but having the right insurance can save you hundreds of dollars. When you buy a cellphone insurance policy, you pay a monthly or yearly fee, usually between $5 and $20, depending on your device and coverage. If your phone gets damaged, lost, or stolen, insurance helps cover the repair or replacement costs with a deductible.
Here’s a simple breakdown of the best cellphone insurance providers in 2024:
- AKKO: Best for Those on a Budget
- Monthly premiums: $6 to $12
- Deductible: $29 to $99
- Offers two plans: Phone Only and Everything Protected
- Known for low premiums and straightforward claims process.
- SquareTrade: Best for Families
- Monthly premiums: $8.99 to $19.99
- Deductible: $149
- Covers all phones with multiple claim allowances
- Great for families with several devices.
- AppleCare+: Best for iPhone Users
- Monthly premiums: $3.99 to $13.49
- Deductible: $29 to $149
- Provides coverage specifically for iPhones
- Offers support from Apple experts and various policy options.
- Samsung Care+: Best for Samsung Phone Owners
- Monthly premiums: $3 to $16
- Deductible: $0 to $199
- Tailored coverage for Samsung devices
- Includes expert support and mechanical breakdown protection.
- Asurion: Best for Easy Claims
- Monthly premiums: $12 to $15
- Deductible: $29 to $499
- Works directly with major wireless providers
- Simple claims process and comprehensive coverage.
- Progressive: Best for Options
- Monthly premiums: $8 to $10
- Deductible: $75
- Customizable coverage for various devices
- Multi-device plans and discounts for existing Progressive customers.
When choosing a provider, consider factors like budget, coverage needs, and ease of claims. Compare policies carefully to find the best fit for you