Two Britons in three have not insured their mobile phones, while around 42 percent of UK residents believe that it is too expensive. According to research conducted by a research firm, moneysupermarket.com, two-thirds of the British population do not have insurance of their mobile phones.
According to the report, around 69 percent people were failed to arrange insurance for their mobile phones with the fact that around 800,000 mobile phone theft every year.
Most of content insurance policies can cover mobile for things like theft, loss and accidental damage. Those, who are relying on their content insurance should remember that not all policies will cover their mobile phone.
Rob Barnes, head of mobiles at Moneysupermarket, said,
Despite the large number of mobile phone thefts, the research shows most people do not worry enough about the costs they could face due to loss or damage. My advice would be to ring your insurer and find out exactly what the contents policy covers and when. If it is not part of your contents insurance or you are looking for more comprehensive cover, you may wish to consider one of the mobile policies.
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