Whether you are buying a new mobile phone or a smartphone handset to use on a pay-as-you-go basis or are signing up to an O2 pay monthly contract – you should accept the optional extra of also taking out O2 mobile phone insurance to protect it. You also need to know that, to be accepted into the O2 mobile phone insurance scheme for new phones that, if you don't take out O2 mobile phone insurance at the point of purchase, you must apply for it within 28 days of your purchase or signing the contract agreement.
iPhone O2 mobile phone insurance
Regardless of which company you might choose to insure an iPhone with – iPhone O2 mobile phone insurance packages are invariably the most expensive. The reason for this is quite simple in that, unfortunately, even older models of iPhone are heavily targeted by thieves. However, that shouldn't be any reason to put you off getting an iPhone whether its one of the newest and most expensive models or 'last years' at a discount price.
Speaking of which, price is another reason why iPhone O2 mobile phone insurance is so relatively expensive compared to that for other handsets. Even the most basic of the latest iPhone models will cost over £500 to buy from an O2 store, with top-end models at around £700 each. Even with a pay monthly contract, to get the top-end iPhone models with unlimited text and calls on O2, you need to pay some cash upfront and still have to pay over £50 a month for the contract. So, these phones are beautiful and beyond a doubt the smartphone to own – but it's easy to understand why, at those sort of prices, iPhone O2 mobile phone insurance prices are expensive – but imagine the expense of having to pay out for a replacement iPhone if, without O2 mobile phone insurance, you had to replace a stolen or damaged iPhone from your own pocket!
Needless to say if you're paying a premium price for your iPhone insurance then you also get a premium service. iPhone cover on an O2 mobile phone insurance policy covers you not only for theft and accidental damage but includes cover in the event of losing your iPhone, the accidental damage includes water damage and, finally, your iPhone is automatically covered internationally. Under an O2 mobile phone insurance policy they will also insure other goods bought in an O2 shop up to the value of £200. So, for example, if you've bought a Bluetooth headset for your iPhone from O2 – that too would be covered by the O2 mobile phone insurance policy. Reflecting, again, the higher prices of iPhones – the excess on an O2 mobile phone insurance policy for an iPhone is currently set at £60.
Premier O2 mobile phone insurance
Premier O2 mobile phone insurance policies are aimed at those more expensive smartphones that aren't iPhones. Such models would be the Samsung Galaxy Nexus, Sony Ericsson Experia and Blackberry Torch etc. Premier O2 mobile phone insurance offers the same degree of cover as their iPhone insurance does; ie. theft, loss, full accidental damage, international cover with a replacement handset being sent anywhere in the world and cover for other O2 goods like a hands-free headset for your smartphone.
Generally speaking mobile phones insured under the Premier O2 mobile phone insurance deal will be priced in the range £200 to £500. Reflecting this lower price range, compared to iPhones, the excess on a Premier O2 mobile phone insurance deal is currently only £25. Premier O2 mobile phone insurance contracts can be arranged for around £10 a month and will normally be for between 1 and 5 years in duration. Remember it is your responsibility to check that the monthly Premier O2 mobile phone insurance payment is being made and that, in the event of it not being paid, O2 can deem you to have cancelled the agreement – meaning you'd no longer be covered under an O2 mobile phone insurance policy.
Standard O2 mobile phone insurance
For those with conventional mobile phone handsets or budget range smartphones, O2 also offer a Standard O2 mobile phone insurance deal. At considerably less than £10 a month this represents fantastic value for those with mobile phones worth less than £150.
Why is it fantastic value, well with two minor details you get exactly the same cover as if you owned an another make of really expensive mobile or smartphone like the Samsung Galaxy Nexus etc. The only two differences are that; first although you still have full international cover, in the event of you needing a replacement handset it will only be delivered to a UK address and, secondly, that although other O2 goods are again covered by the Standard O2 mobile phone insurance – this time they're only covered up to a value of £25.