Mobile Phone Loss
Mobile phone loss is not covered by many insurance policies, and
this leads to higher mobile phone crime figures ...
Mobile phone crime is clearly a serious
problem. Mobile phone theft is what drives many people to get their
mobile phone insured in the first place - they cost a lot of money
to replace. This is why mobile phone insurance companies exist.
Yet many insurance companies seem to thrive off the crime statistics,
in order to sell their mobile insurance policies. It is worth noting
that loss is a key factor behind the crime figures;
Because many insurance policies do not cover loss, when a customer
loses their phone, they commit fraud by claiming it was 'stolen',
thereby increasing the figures for 'phone crime'.
By insuring your phone for loss, you are effectively helping to bring
the mobile phone crime figures down!
This is why it is important to know whether your phone is protected
against loss.
Loss is one of the key factors why our insurance is rated so highly