Best Cellphone Insurance

Many cellphone providers allow customers to add insurance to their monthly bill, and Verizon, AT&T, USCellular, or Sprint customers have direct access to Asurion’s coverage. This coverage is affordable, the claims process is easy, and customers are generally satisfied with their experience. These factors make Asurion the best overall cellphone insurance provider on our list. 

Asurion policyholders are covered if their device is lost, stolen, or damaged (e.g., broken screens and liquid damage). Plans also cover device defects, as well as some failures and device issues linked to normal wear and tear, like dust accumulation or internal heat and humidity problems.

The Asurion online claims portal makes it easy to submit a claim, and policyholders can typically expect a replacement phone to arrive via mail in as little as 24 hours. Not all damaged devices require a replacement, however. Customers with a cracked screen or those who want to work directly with a technician can take their issue to one of Asurion's more than 650 stores, which are being rebranded as Asurion Tech Repair & Solutions. For added convenience, they can also schedule a home or office visit with an Asurion technician. With so many repair options, it’s easy for customers to find one that works best.

Plans & Pricing

Purchasing options vary by cell provider, device type (e.g., smartphones and watches), and plan. Deductibles for replacement phones also vary by device, with more expensive or newer phones carrying larger deductibles. Screen repairs, which often don’t require a replacement phone, are more affordable.

SquareTrade is backed by Allstate and is marketed as one of the most affordable cellphone insurance plans available. It offers low-cost, multi-device plans with more claim allowances than many other insurance providers. Combined, these factors make SquareTrade our choice for cellphone insurance that can cover the whole family. 

SquareTrade insurance covers all cellphone makes and models regardless of carrier or age. Plans cover cracked screens, touchscreen failures, liquid damage, speak/audio failure, battery failure, and charging port failure. 

Coverage includes on-premise (e.g., in the home, office, a coffee shop, etc.), same-day repairs, and repairs made at a local repair shop. Or, if preferred, the client can also mail in the phone for repairs, a process that typically takes two to five days.

While many cellphone insurance providers limit annual claims to two per plan, SquareTrade allows for up to four claims per year per individual device plan. Family plans allow for up to eight claims per year, which can be particularly helpful for families with multiple devices, both cellular and otherwise. 

Plans & Pricing

SquareTrade premiums start at $8.99 a month for a single device, but customers can insure multiple devices for just $19.99 a month. Deductibles are a flat $25-149.

SquareTrade also offers an upgrade ($12.99 per month) that adds additional benefits like premium tech support, Allstate Roadside Assistance, and identity theft recovery.

A new iPhone can easily cost close to $1,000, which can make insurance a smart investment. While most cellphone insurance providers will happily cover iPhones, customers looking for the best insurance may want to go straight to the source. AppleCare+ makes it easy to protect a phone and get ongoing support from experts who understand the hardware, operating system, and applications that make Apple products unique. That’s why we’ve selected AppleCare+ as the best option for iPhone users. 

AppleCare offers two different policies: AppleCare+ and AppleCare+ with Theft and Loss. Both policies cover up to two incidents of accidental damage protection annually and offer coverage if a battery retains 80% or less of its original charging capacity. AppleCare+ with Theft and Loss provides additional coverage if the device is lost or stolen. 

An AppleCare+ account also gives 24/7 priority access to Apple experts via phone or chat, onsite services (e.g., screen repairs), express replacement services, and mail-in repair options with prepaid shipping. AppleCare+ customers can also take their device to any Apple Store or Apple Authorized service provider for in-person repairs and troubleshooting. 

For customers considering AppleCare+, it’s best to add the policy within 60 days of purchasing the iPhone. If that window has closed, a visit to an Apple Store may be required to add a policy. 

Plans & Pricing

Prices vary based on the iPhone model the customer wishes to insure. AppleCare+ insurance on new models typically costs $9.99 per month or $199 for a fixed term of two years. AppleCare+ with Theft and Loss will run about $11.49 per month.

Deductibles vary based on the incident type. The deductible for screen repairs is $29, while other types of damage typically result in a $99 deductible. If the phone is lost or stolen, expect a $149 deductible.

Samsung has been a leader in cellphone technology, so it makes sense that it also offers an insurance product to cover its phones. Like AppleCare+, Samsung Care+ leverages the expertise of Samsung technicians to offer affordable and reliable repairs for Samsung users. This makes Samsung Care+ the best provider for Samsung users.

Samsung Care+ insurance policies cover accidental damage, liquid spills, and screen cracks. Policyholders also get an extended warranty that protects against mechanical and electrical breakdowns after the 12-month manufacturer warranty expires. 

Samsung Care+ customers can take advantage of 24/7 support, and if a phone needs repairs, they can rest assured that they'll receive original Samsung parts and that a Samsung expert will repair their phone.

Plans & Pricing

The prices of Samsung Care+ policies fill a range, depending on the device being insured. Deductible costs depend on the reason for service (e.g., accidental damage or a screen repair).

AKKO was started in 2019, making it relatively new to the scene, but it's garnered attention for consistently affordable cellphone insurance plans. With coverage options starting as low as $5 a month, AKKO is one of the best providers for anyone on a budget.

One thing that sets AKKO apart from other insurance providers is how it manages claims. Instead of automatically receiving a replacement device, AKKO will give customers cash based on the replacement value of the device minus the deductible. Similarly, if they need to have their phone repaired, AKKO will either send the cash value of the repairs or pay the repair shop directly.

AKKO offers two plans: The Phone Only plan and the Everything Protected plan. Both plans offer basic phone protection, which includes cracked screens, liquid damage, accidental damage (e.g., drops), theft and vandalism, and damages that result from natural disasters (e.g., fire, flood, etc.).

AKKO’s Everything Protected plan extends coverage to up to 25 other electrical items, including any tablets, laptops, and video games that belong to the policyholder.

Plans & Pricing

AKKO’s Phone Only plan starts at $6 to $12 per month, or $5 to $11 a month if the customer pays for the entire year upfront. Deductibles vary based on the make, model, and year of your phone. Repair deductibles typically range from $29 to $75, and replacement deductibles range from $75 to $99.

The Everything Protected option runs from $12 to $15 per month or $120 to $168 when paid for the year. Like the Phone Only plan, deductibles typically range from $29 to $75 for repairs and $75 to $99 for replacements. For students, however, the deductible drops to $49. 

Though customers can’t insure more than one cellphone per plan, they can save 5% to 15% when they bundle more than one policy.

Progressive is widely known for its homeowners and auto policies, but it also has a device protection plan that covers smartphones, laptops, tablets, gaming systems, and more. The coverage is highly customizable and offers affordable multi-device plans that make Progressive perfect for anyone looking for a policy with plenty of options. 

Progressive’s phone and device insurance policies cover theft and damages, including water damage; drops and accidental damage; cracked screens; and fire, flood, and natural disaster-related damages. Coverage begins as soon as the policy starts, regardless of how old the phone is. Progressive’s device protection plan does not include manufacturer defects or problems that stem from normal wear and tear. 

As a bonus, customers can bundle several device protection policies, which means they can easily insure every phone in the family as well as any additional devices like video games, laptops, and more. 

Plans & Pricing

Protection plans are highly customizable, but customers can typically secure basic coverage for as little as $8 to $10 a month per device with a $75 deductible, and existing Progressive customers can save 5% on their premium. 

While selecting coverage, customers have the option to select the coverage amount ($199 to $1,599) and policy term (one to three years) for each device. They can save more by selecting the two- or three-year policy option, though they’ll need to pay for the plan in full. If the customer prefers monthly payments, they’ll likely need to select the one-year policy option.