Is it worth putting your cell phone in insurance?

You just bought your cell phone. He saved for months on end until he finally left the store with the box of the product he had always dreamed of. Two months later, you're taking a selfie in front of a tourist spot. However, more than suddenly, someone runs by you and in a quick movement takes your much-loved smartphone away. If you haven't thought about put the cell phone in insurance, is probably doing it right now. Insurance is meant to do what the name says! They were developed to bring some kind of security with regard to your material possessions. Until some time ago, we knew the main modalities. In general, we have life, car and even body parts. However, cell phone insurance is gaining a lot of notoriety. In today's post, we News Report we'll discuss whether this is a worthwhile investment.

Notícia Informe answers: is it really worth putting your cell phone under insurance?

 

If you don't like wasting money, you'll probably consider put the cell phone in insurance it is an unnecessary expense. However, a person with a different mindset could be thinking exactly the opposite. That's because losing your cell phone will cost you more than putting it on insurance.

the investment

This is a controversy that has reason to exist. First, it's important to keep in mind that cell phone (or portable device) insurance can be quite expensive. According to a survey carried out by the Exame magazine, the insurance cost can cost between 8% or 54% of the value of the device. Therefore, in extreme cases, your insurance comes out for the value of a cheaper smartphone.

Well, not everyone has the money available to rely on this type of security. In addition, according to the same magazine, on many occasions insurance does not cover the same device that was stolen.

For reasons like that, before you decide put the cell phone in insurance it is important to know how the coverage will work. Tim tim by tim tim!

The idea of extra investment is to protect an asset so as not to lose money. So, make sure you don't lose money because of insurance.

If you have carefully analyzed offers made by insurers and have the necessary cash to make the investment available, do so. However, have the documents that guarantee the coverage of a device similar or equal to the one you lost.

Another way to secure your cell phone

On the other hand, if you're in the population that doesn't have the money for it, the best way to secure your cell phone is to be careful. Always keep an eye on the environment in which it is time to use your cell phone, in addition to avoiding putting it in the back pocket of your pants or backpack. Attitudes like this reveal naivety and carelessness.

If you enjoyed this article about the need to put the cell phone in insurance, be sure to share it with others. Also, if you have phone insurance, comment on what it is and tell us a little about its advantages. Let's love to know, as well as our readers! To read other articles on economics, personal finance and investing, check out our other content!