Cell Phone Insurance Companies

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A cell phone insurance policy is only as good as the company that offers it. But don't get us wrong: there are just as many legitimate
cell phone insurance companies out there as there are fake ones. And the ratio for true and false insurance claims is just about the same.
What are cell phone insurance companies? How do you find the good ones?

What is it?

The industry for cell phone insurance companies grew during the 90s when public consumers first got hold of the portable cellular phone
—a decade before cell phone insurance companies were few, if none at all. If you could insure a part of your body, why not a cell phone,
an expensive gadget that is easily lost or stolen?

A cell phone insurance company offers and sells cell phone insurance contracts to cell phone owners. To make a long story short, cell phone
insurance companies are responsible for providing a either new or refurbished unit to replace an insured cell phone that was lost in a
manner covered by the insurance policy. In some cases it saves the owner money, it some cases it doesn't.

Here is a list of cell phone insurance companies and their performance ratings (highest is 10.0, lowest is 1.0) as compiled by Review Centre:

Insurance company	Rating
Three Mobile Insurance	10.0
Mobile Insurance Online	10.0
Insurance4Mobiles	10.0
Talkcover	7.8
Orange Mobile Phone Insurance	2.2

How to find good cell phone insurance companies?

The list above is one way of knowing whether a cell phone insurance company is worth the investment or not. There are other ratings aggregate sites out there aside from Review Centre. So be sure to check them out.
You can also stick to the insurance policy offered by your carrier if you want to play safe. Some carriers are partnered with insurance companies—like Verizon Wireless and Asurion Insurance—to provide a more streamlined process for the customer: from buying a new cell phone unit to insuring it. (Read this article for additional info on carriers and cell phone insurance companies.)

No self-respecting carrier would partner with a substandard cell phone insurance company, right?

A cell phone insurance policy is only as good as the company that offers it. So stop making guesses and start doing your research for the best cell phone insurance companies around.

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