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Cheapest iPhone 5 insurance?

Any recommendations for cheap iPhone 5 insurance? Thanks!

Most Useful Answer satchef1  Aug. 4, 2013 at 00:11

Go with your network operator, your bank or a house insurance policy that covers it. Don't buy separate insurance - they're all assholes who will screw you at the first opportunity.

Check the T&Cs - most of the companies cover 'Theft' and 'Loss', but will only actually pay out in the event of 'Robbery'. This is due to dodgy definitions. The Theft Act 1968 defines Theft thusly:

‘A person is guilty of theft if he dishonestly appropriates property belonging to another with intention to permanently deprive the other of it’

Despite this, most gadget insurers only pay out if force, threat of force or fear is used to appropriate your property, despite this actually being the legal definition of Robbery, not Theft. Basically, if the phone is stolen they aren't paying out unless you were attacked, thought you were going to be attacked or were intimidated (and even then, only if the gadget is removed from you by force - if you hand it over, they won't pay).

The definition of Loss is equally shady.

Save your money. Either put the £10 aside each month 'just in case' or go with a mainstream insurance policy.

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satchef1  Aug. 4, 2013 at 00:11

Go with your network operator, your bank or a house insurance policy that covers it. Don't buy separate insurance - they're all assholes who will screw you at the first opportunity.

Check the T&Cs - most of the companies cover 'Theft' and 'Loss', but will only actually pay out in the event of 'Robbery'. This is due to dodgy definitions. The Theft Act 1968 defines Theft thusly:

‘A person is guilty of theft if he dishonestly appropriates property belonging to another with intention to permanently deprive the other of it’

Despite this, most gadget insurers only pay out if force, threat of force or fear is used to appropriate your property, despite this actually being the legal definition of Robbery, not Theft. Basically, if the phone is stolen they aren't paying out unless you were attacked, thought you were going to be attacked or were intimidated (and even then, only if the gadget is removed from you by force - if you hand it over, they won't pay).

The definition of Loss is equally shady.

Save your money. Either put the £10 aside each month 'just in case' or go with a mainstream insurance policy.

matt101101 / MOD  Aug. 4, 2013 at 01:26

Well, what he said really :)

Err...for once I have nothing more to say!

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