All I ask from a mobile is that it can make and receive calls and texts- �14.99 is quite enough to pay for that and when it needs a new battery I'll bin it

just done mine tonight, got it from a site called iphoneinsurance.net cost �5.88, it covers it for everything so I'm happy with that

Did you mean http://www.iphoneinsurance.co.uk/ £5.88 per month

think they must be part of the same group as http://www.iphoneinsurance.net has the same fsa details on the bottom of the site

I think there is a larger iphone insurance group. I got mine at http://www.iphoneinsurancecover.co.uk (and am very happy with it) and they have the same FSA details so I guess the different sites are all part of their marketing. The cover is good though

           £5.88 x 18 months = £105.84

              + theft excess = £130.84

               + loss excess = £155.84

 + claim while abroad excess = £180.84



         Total cost of cover = £105.84 - 180.84

   Cost of a new PAYG iPhone = £342.50

 Cost of cover as percentage = 31% - 53%



          Implied claim rate = At least 1 in 3!

Unless you are seriously accident prone, phone insurance isn't worth it.

And if I lose my iPhone in 4 or 6 months?

£300+ to replace vs £5.88 x 4 months = less than £25

£75, actually, because of the excess, and unless you plan to leave the next one uninsured, you can start counting the £5.88's again.

I choose not to insure my iPhone, but the cost of the handset is not necessarily the main risk.

My last phone (which wasn't an iPhone) was stolen, and the thief made £180 of calls in the relatively short amount of time before I discovered it had gone. So not only did I have to buy another phone, but I had to pay the bill as well. The bill could have been a lot higher. Some of the better insurances cover you for the cost of calls as well as for a replacement handset. It's worth checking the details so you know exactly what you're getting for your money. You then have to compare the cost with the risk and make your own choice!

I'm a lot more careful with my phone now, and always have a PIN number on it which could at least slow a thief down a bit and prevent an even bigger bill before I realise it's gone!

Edited by rushmere (Tue 27-Jan-09 22:01:27)

why not just cover it under your house contents policy? my phone is covered with mine already, no extra premium so virtually free.

ok, i have to buy a new phone, then claim the money back, but that's not a big problem. not sure whether calls made after a theft are covered. maybe.