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

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05/06/2007

Research by moneysupermarket.com 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 moneysupermarket.com, 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.”

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