Best Cellphone Insurance

Asurion is an affordable and comprehensive solution for cellphone insurance

Unexpected cellphone repairs or replacements can leave you on the hook for several hundred dollars, but the right cellphone insurance policy can help make it more affordable. When purchasing a cellphone insurance policy, consumers will pay a monthly or annual premium, typically between $5 and $20 a month, and if the device is damaged, lost, or stolen, they’ll be able to repair or replace it for a fraction of the market value by paying a deductible. 

Many insurance policies offer similar coverage, but it’s important to thoroughly review each provider and policy before making a decision. The best policies are cost-effective, with low deductibles, making it easy to file a claim. Additional factors like bundling discounts, multi-device options, and customer reviews can also be useful when selecting a provider. Read on to determine which provider best fits your needs.

We chose Asurion as our best overall provider because of its affordable and comprehensive coverage, with an easy claim process.

Pros

• Works directly with several top wireless providers

• Easy claims process

• Robust coverage that includes loss

Cons

• Higher deductibles for some devices

• Doesn’t offer the lowest premiums on the market

Overview

Many cellphone providers allow customers to add insurance to their monthly bill, and Verizon, AT&T, USCellular, or Sprint customers have direct access to Asurion’s coverage. This coverage is affordable, the claims process is easy, and customers are generally satisfied with their experience. These factors make Asurion the best overall cellphone insurance provider on our list. 

Asurion policyholders are covered if their device is lost, stolen, or damaged (e.g., broken screens and liquid damage). Plans also cover device defects, as well as some failures and device issues linked to normal wear and tear, like dust accumulation or internal heat and humidity problems.

The Asurion online claims portal makes it easy to submit a claim, and policyholders can typically expect a replacement phone to arrive via mail in as little as 24 hours. Not all damaged devices require a replacement, however. Customers with a cracked screen or those who want to work directly with a technician can take their issue to one of the more than 650 uBreakiFix by Asurion stores, which are being rebranded as Asurion Tech Repair & Solutions as of September 2021.1 For added convenience, they can also schedule a home or office visit with an Asurion technician. With so many repair options, it’s easy for customers to find one that works best.

Plans & Pricing

Purchasing options vary by cell provider, device type (e.g., smartphones and watches), and plan. Deductibles for replacement phones also vary by device, with more expensive or newer phones carrying larger deductibles. Screen repairs, which often don’t require a replacement phone, are more affordable.