My sis ha a pohne some years back which she had stolen on her, and when she went to claim for a new one on the insurance she had to pay a certain amount towards the new phone, so if she had been just saving the insurance money instead of giving it to the phone company she would have had more cash.
I've never taken out insurance on my phone and in hindsight, I was right as I've never needed it. Phones are pretty inexpensive nowadays, especially if you look on the likes of ebay. I just don't think it's worth it...
Agree with the previous posters. The only thing I do is keep a hard copy of the numbers in my phone so that if is lost/stolen/strayed I can replace them easily.
Yes, it is. I took out insurance when I first got a mobile phone many years ago, but made my first claim just last year. The phone I'd lost cost over €200, and I'd had it for 2 years. I had to pay €35 excess fee, and was issued with a phone that I could have bought for just a few extra euro - despite the fact that the insurance company had the phone model I'd lost listed on their website as a replacement. Cancelled my insurance after that.
I think it all depends on the value of your phone and as one posted pointed out the initial amount you have to pay ig you brake your phone. If you have an iPhone or something it probably is worth it.
Waste of money I think. I have a rather pricey phone (€450) but wouldn't even think about insuring it. If it breaks or gets stolen I'll replace it with a cheap one which wont cost much more than the price of the insurance premium.
You can back up your numbers to your PC if you are worried about loosing them.