You are here: Home - Insurance - News -

Two-thirds of Britons don’t have mobile phone insurance

Written by:

Research by has revealed that 69% of Brits do not have mobile phone insurance.

Just under half think it is too expensive, despite the price comparison site showing that Asda and FoneShield offer annual cover for £36. With more mobiles than people in the UK and 800,000 thefts a year, the survey reveals a surprising level of complacency.

Rob Barnes, head of mobiles at, 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. With 39% saying they do not need insurance, it is clear Britain has a very relaxed attitude towards phone security.
“Those relying on their contents insurance should remember not all policies automatically cover your mobile. 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.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Experts predict interest rate freeze

Many economic experts believe that the Bank of England will keep interest rates on hold at 5.5% this week, as...