Does phone insurance cover theft?

Your phone is one of your most valuable possessions, and it’s understandable if you want to protect it from anything that can damage or destroy it. As a result, phone insurance policies have become increasingly popular among smartphone owners. However, one question that often comes up is whether phone insurance covers theft. In this article, we’ll explore this question in detail and discuss what you need to know about phone insurance policies and theft.

Protecting Your Phone: Does Phone Insurance Cover Theft?

Many phone insurance policies cover theft, but it depends on the type of policy you have. If you have a comprehensive policy that covers accidental damage, loss, and theft, then your phone will be protected if it gets stolen. However, if you only have a policy that covers accidental damage, then theft is not covered.

It’s important to note that phone insurance policies are different from homeowners or renters insurance policies. While these policies may cover theft, they often have high deductibles or may not provide full coverage for expensive phones.

Understanding the Fine Print of Phone Insurance Policies

Before you purchase a phone insurance policy, it’s essential to read and understand the fine print. Some policies have certain exclusions, such as coverage for theft only if you file a police report within a certain time frame. Others may limit the number of theft claims you can make in a year or require you to pay a deductible.

It’s always best to ask your insurance provider questions about the policy to ensure you understand what is and isn’t covered. This will help you make an informed decision about whether a particular policy is right for you.

Is It Worth Investing in Additional Theft Coverage?

If your phone insurance policy doesn’t cover theft, you may want to consider purchasing additional theft coverage. This can be done through your phone carrier or a third-party insurance provider. This type of coverage can provide added protection for your phone against theft, loss, and damage.

However, it’s important to note that additional insurance policies can be expensive, and you may be better off putting that money into a savings account to replace your phone if it gets stolen.

Steps to Take After Phone Theft: Filing a Claim and More

If your phone gets stolen, the first thing you should do is contact your carrier and report the theft. They will be able to assist you in suspending your phone service and tracking your phone if possible. You should also file a police report and keep a copy of it for your insurance provider.

After you have taken these steps, you can file a claim with your insurance provider. They will guide you through the claims process and let you know what documentation you need to provide, such as a copy of the police report.


In conclusion, phone insurance policies can cover theft, but it depends on the specific policy. It’s important to read the fine print and understand what is and isn’t covered before purchasing a policy. If your policy doesn’t cover theft, you may want to consider investing in additional coverage, although this can be expensive. If your phone does get stolen, taking the necessary steps and filing a claim with your insurance provider can help you get a replacement phone as soon as possible.

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