Best Cell Phone Insurance Plans

Upgrading your phone to a newer model is fun and games. You open the box to find a sparkling new toy, then spend the next couple of hours pushing buttons, testing new functions, and getting the settings just right. Sooner or later comes the inevitable question: “Would you like to add on cell phone insurance?”

Unexpected smartphone repairs or replacements can cost hundreds of dollars, but the appropriate cellphone insurance coverage can help make them more reasonable. Consumers will pay a monthly or yearly premium, often between $5 and $15 per month, if the gadget is broken, lost, or stolen. Still, y paying a deductible, they may be able to repair or replace it for a fraction of its market value.

So, do you throw caution to the wind by keeping a firm hold on your new phone, by keeping a firm hold on your new phone, put your trust in superb craftsmanship and say “no” to mobile insurance? Or do you embrace the unpleasant realities of your accident-prone behaviors and decide to preserve your investment?

Continue reading to learn which insurance provider best matches your needs.

The 5 Best Cell Phone Insurance Plans

Cell Phone Insurance Plans

When it comes to cell phone insurance, lot of options out there. But which one is the best? It really depends on your needs and what you’re looking for. But we’ve done the research and compiled a list of the best cell phone insurance companies, so you can make the best decision for you.

1. AKKO Plan

The AKKO Plan, announced at the beginning of 2020, is our favorite. Do you want to know why? The AKKO plan is one of the more costly options on our list, but what it lacks in years, it usually makes up more than that in sheer coverage.

Unlimited claims, the possibility to secure not just your phone but 25 other items ranging from electronics to sports equipment, and a choice of price tiers, including options for families and students, are just a handful of the advantages this company provides.

Everything about the AKKO Plan appears to have been designed with consumers in mind, from the ability to boost incident reimbursement maximums to cheaper deductibles for students. Is the phone beyond repair? AKKO provides money, so you may buy your replacement or spend it elsewhere.

You may also use AKKO to protect your gadgets and other belongings when traveling overseas. While the AKKO Plan tops our ranking, its sibling Phone Protection Plan is a good alternative for individuals who simply want to secure their phones.

Akko insurance Plan

An AKKO Plan costs $15 per month and covers practically all your equipment and personal stuff, not just your phone but your laptops, tablets, headphones, and more. So, if you’re comparing insurance costs, you won’t find a better deal anywhere else because all other phone insurance plans only cover one item: your phone!

On the other hand, an AKKO Plan covers your phone and practically all of your electronic equipment and other personal possessions.

How to Apply for Akko insurance

  1. Log in to your AKKO account by phone or computer to file for insurance, and they’ll guide you between two plans to select.
  2. Once you have picked your option, they will ask you for your phone details and model. And in the same step, you will also have to select if you want to pay for insurance annually or monthly.
  3. Now that you have selected your Plan, they ask you for your cell phone number, email address and payment method.
  4. Once you have the information, you are registered for your mobile insurance. A team member will contact you within one day to get further information or direct you to any queries.


Theft claims typically take longer to resolve than damage claims. Police reports and proof of purchase must be given to our staff, and the time it takes to get the police report varies based on the location of the occurrence.

Any claim payments are reduced by your deductible. (For example, if your screen replacement costs $158 after tax and your phone’s repair deductible is $49, you would receive a refund of $109.)

If a local repair provider cannot handle your Apple device, you can get it serviced in an Apple Store. We will not compel you to deliver your Apple gadgets to be repaired. Our objective is to repair or replace your things as soon as possible.

2. AppleCare+

While most mobile insurance carriers would gladly cover iPhones, buyers searching for the finest protection may prefer to go directly to the source. AppleCare+ makes safeguarding a phone simple and receiving continuing assistance from specialists who understand the hardware, operating system, and applications that distinguish Apple devices. As a result, we chose AppleCare+ as the best solution for iPhone consumers.

AppleCare has two distinct policies: AppleCare+ and AppleCare+ with Theft and Loss. Both insurances cover up to two incidences of unintentional damage per year and provide coverage if a battery retains 80 percent or less of its original charging capability. AppleCare+ with Theft and Loss gives extra coverage if the device is lost or stolen.

AppleCare plus Plan

Prices vary depending on the buyer’s desired iPhone model. AppleCare+ insurance on new models normally costs $10 per month or $199 for a two-year fixed term. AppleCare+ with Theft and Loss will cost around $11.50 per month.

How to apply for AppleCare Plus

  1. Go to the Settings of your device, be it an iPhone, iPad, or iPod touch.
  2. Navigate to General & About.
  3. Select AppleCare+ Coverage Is Available. Check whether your device qualifies for AppleCare+ coverage if you don’t see it listed.
  4. To finalize your purchase, follow the onscreen steps. When you complete these steps, you can view the pricing of the AppleCare plan.


Only the iPhone and its original included accessories are covered by service, as are batteries that maintain less than 80% of their original capacity. Apple may supply replacement equipment as part of the repair or replacement service that contains new or previously used authentic Apple parts that have been tested and meet Apple functional criteria. For mechanical problems, there are no service fees or deductibles.

Apple may subcontract or outsource the execution of its responsibilities to other parties, but this does not relieve Apple of its obligations to you.

Apple is not liable for any failures or delays in carrying out the PlanPlan caused by factors beyond Apple’s reasonable control.

To obtain servicing under the PlanPlan, you are not obligated to do preventative maintenance on the Covered Equipment.

The terms of the Plan, including the original Plan sales receipt and the Plan Confirmation, shall take precedence over any conflicting, extra, or other provisions of any purchase order or other document and comprise your and Apple’s full understanding of the Plan.

3. Samsung Care+

Samsung has long been a pioneer in smartphone technology, so it stands to reason that they provide phone insurance. Samsung Care+, like AppleCare+, makes use of the skills of Samsung experts to provide Samsung consumers with reasonable and dependable repairs. As a result, Samsung Care+ is the greatest supplier for Samsung consumers.

Accidental damage, liquid spills, and screen cracks are all covered under Samsung Care+ insurance contracts. Policyholders also receive an extended warranty against mechanical and electrical breakdowns after the manufacturer’s 12-month warranty expires.

Samsung Care+ Cost

Prices for Samsung Care+ insurance vary according to the protected device. Deductible charges are determined by the purpose for service, e.g., accidental damage or a screen repair.

How to apply for Samsung Care+

  1. Sign in or register for a new Samsung Account.
  2. Launch the Samsung Members app on your Samsung Galaxy mobile.
  3. Tap on Benefits > Turn on Your Care +.
  4. Activating the Samsung Care+ service.
  5. Choose the Registration Date.
  6. Choose between IMEI and Serial Number.
  7. Enter your IMEI number (15 digits).
  8. Choose a country.
  9. Register successfully.


Samsung Care Plus only applies to new Samsung mobile devices; it does not apply to use Samsung mobile devices.

Samsung Care Plus is only good for personal use on mobile devices purchased by you. It does not apply to mobile devices used or given to you for business or work reasons.

4. Asurion

Many mobile companies enable consumers to add insurance to their monthly payments, and Verizon, AT&T, US Cellular, and Sprint customers have direct access to Asurion’s coverage. This coverage is reasonably priced, the claims procedure is simple, and consumers are typically pleased with their overall experience. Because of these characteristics, Asurion is the top overall mobile insurance service on our list.

If an Asurion policyholder’s gadget is lost, stolen, or destroyed, they are protected (e.g., broken screens and liquid damage). Plans also cover device flaws, failures, and concerns associated with regular wear and tear, such as dust collection or internal heat and humidity issues.

The Asurion online claims system makes it simple to file a claim, and policyholders can usually anticipate a replacement phone to arrive in the mail within 24 hours. However, not all broken gadgets must be replaced.

Asurion Claim Cost

Purchasing possibilities differ depending on mobile carrier, device type (e.g., smartphones and watches), and PlanPlan. Deductibles for replacement phones also vary by model, with higher deductibles for more costly or newer phones. Screen repairs, which typically do not necessitate the purchase of a new phone, are less expensive.

How to apply for Asurion Protection

  1. Go to the Asurion website, and once you are there, you might see a lot of insurance plans.
  2. Click on “Protect your phone”.
  3. This will guide you to another page that would say “Explore Plans” or “View Offer” you can explore plans to look at what PlanPlan would suit best for you. Once you are done, come back to “View offer” and sign up.
  4. They will ask you for similar phone details, and you are good to go once registered.


Repair availability is subject to parts, store, and technician availability. Repairs may void the original manufacturer’s warranty. After your repair, your device will be like kind and quality with similar features and functionality.

Mechanical or electrical breakdown Repairs are accessible after the manufacturer’s warranty has expired.

Mechanical and electrical breakdowns caused by regular wear and tear are covered after the manufacturer’s expired warranty.

5. SquareTrade

Allstate backs SquareTrade, billed as one of the most economical mobile insurance policies available. It provides lower-cost multi-device policies with higher claim allowances than many other insurance companies. These qualities, when combined, make SquareTrade our top pick for family-friendly mobile insurance.

SquareTrade enables up to four claims per year per individual device plan. However, many mobile insurance carriers restrict yearly claims to two per PlanPlan. Up to eight claims per year are permitted under family policies, which is very useful for families that have many devices, both cellular and non-cellular.

SquareTrade insurance covers all brands and models of cellphones, regardless of carrier or age. On-premise (e.g., at home, office, coffee shop, etc.) repairs, same-day repairs, and nearby repairs are all covered. If the customer prefers, the phone can be mailed in for repairs, which normally takes two to five days.

SquareTrade Phone Insurance Plan

Premiums for a single device start at $9 per month, but buyers may ensure numerous devices for just $19.99 per month. Deductibles range from $24 to $150.

SquareTrade also provides a monthly subscription ($13) that includes premium tech assistance, Allstate Roadside Assistance, and identity theft recovery.

SquareTrade file a claim

  1. Install the SquareTrade App on the device for which the warranty was purchased.
  2. Selecting “Manage My Plans,” logging in, and entering your details
  3. Choose the PlanPlan that must be triggered.
  4. Tap the “Activate My Plan” button.
  5. One of the many SquareTrade provides is that you are not required to register your PlanPlan in advance. 24/7, file a claim online at Bring your receipt and the item that is being secured with you. Some claims are immediately approved.


For the Term of this Protection Plan, a mechanical or electrical failure of the Covered Product(s) listed in subsections A, B, C, and D below will be covered.

This Protection Plan includes any manufacturer’s warranty that may be in effect throughout the Coverage Period.

It does not reimburse the manufacturer’s warranty but provides certain additional benefits while the guarantee is still valid. Replacement parts shall be new, refurbished, or non-original manufacturer’s components that perform to the product’s factory specifications at our discretion.

The Bottom Line

Customers may use cellphone insurance to protect their handsets and prevent costly repairs or replacements. Given that everyone has various phone kinds, goals, and finances, selecting a single insurance company as the best overall is difficult.

But we’ve got you covered with the list, but the option is solely yours.

Frequently Asked Questions

Do I really need cell phone insurance?

Of course! If the expense of replacing your phone would place a burden on your resources, phone insurance may be worthwhile. Insurance may help protect you if your phone is lost, stolen, or destroyed by accident.

Can I acquire mobile phone insurance if I have several phones to protect?

Yes, and insurers frequently provide savings for insuring multiple phones. Many insurers provide a Family bundle that allows you to save money by insuring many devices on a single policy.

Is it possible to receive mobile phone insurance as a student?

Yes. Unlike other forms of insurance, mobile phone insurance costs are not affected by your work or student status.

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