We have all heard the familiar saying that it is best to plan for the worst and hope for the best. This is exactly the reasoning why wireless phone insurance makes sense. No one plans to have their phone damaged or destroyed, which means you also do not plan to have to pay for the damages to be fixed or completely replace your phone. With wireless phone insurance, you can have peace of mind that you are covered in the case of the unexpected.
1. Cell Phones are Expensive.
Even though sales of smart phones are through the roof right now, the price of cell phones is still extremely high. The full retail price of most smart phones is more than $400 currently. In the event that your phone is damaged beyond repair, most people do not have an extra $400 in their budget to fork over for a new phone on the spot. Depending on the amount of your deductible, replacing a cell phone through an insurance plan is much cheaper than you would have to pay out of pocket to get a new phone.
2. Cell Phones are a Part of Business and Personal Lives
In today’s world, it is almost impossible to function professionally without a smart phone. This is because the business world has evolved along with the capability of new technology, which results in an expectation that we will have instant access to information. Without having access to a smart phone to check email or stay on top of business matters, you will find yourself frustrated and behind the times.
If your cell phone is damaged, a wireless insurance plan is the best way to make sure that you will have access to another working phone as quickly as possible. This way, you can stay connected and not have to skip a beat in the untimely event of an accident with your cell phone. You can also have the phone delivered to your home so you will not have to go through the inconvenience of having to pick up a new replacement phone at a store.
3. The Cost of Wireless Phone Insurance is Low
One of the many upsides of wireless phone insurance is that you can pay the relatively low premium each month with your cell phone bill. You may also have the option of raising the deductible that you will pay on your plan, which could help to significantly lower your monthly insurance payments. The cost of the insurance premium may also depend on the value of your phone.