Compare cell phone insurance premiums and deductibles against the cost of repairing or replacing your device.
Insurance Annual Cost
$219
Expected Without Insurance
$125
Potential Savings
-$94
Recommendation
Skip — self-insure the device
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How cell phone insurance works
Cell phone insurance adds your monthly premium and per-incident deductible to find the total annual cost of coverage. This is compared against the expected annual repair cost without insurance. If the expected repair costs are lower than the insurance premiums plus deductibles, you are better off self-insuring by putting the premium money into a repair fund.
Results are estimates only and should not be considered professional insurance advice. Always consult a licensed insurance advisor before making coverage decisions.