Best Cellphone Insurance

When unexpected cellphone mishaps strike, the right insurance policy can significantly ease the financial burden. With coverage from top cellphone insurance providers, you’ll typically pay a monthly or annual premium ranging from $5 to $20, depending on your device and desired coverage. In the event of damage, loss, or theft, repairing or replacing your device becomes far more affordable, thanks to the payment of a deductible.

While many insurance policies offer similar coverage, it’s crucial to carefully evaluate each provider and policy before committing. Optimal policies strike a balance between cost-effectiveness and comprehensive coverage, featuring low deductibles for hassle-free claims processing. Consideration of additional factors such as bundling discounts, multi-device options, and customer reviews can also aid in selecting the most suitable provider for your needs.

Explore further to identify the provider that aligns best with your requirements and provides peace of mind in the face of unexpected cellphone emergencies.

Best Cellphone Insurance Providers of 2024



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  • Deductible: $29 to $99
  • Average monthly premium: $6–$12 per month (single phone); $14–$15 (phone plus other electronic devices)
  • Available policies: Phone Only, Everything Protected
Why We Chose It

AKKO’s unique approach to cellphone insurance lets policyholders take advantage of some of the lowest premiums in the industry, making it the best provider for cellphone owners on a budget.

Pros & Cons


  • Low monthly premiums
  • Coverage can include other electronic devices
  • Multi-policy discounts
  • Student discounts


  • Lost phones have limitations in coverage
  • Replacement value is determined by AKKO

Established in 2019, AKKO may be relatively new to the cellphone insurance scene, but it has quickly gained recognition for its consistently affordable plans. With coverage options starting at just $5 per month for annual payments, AKKO emerges as one of the top choices for budget-conscious consumers.

One of AKKO’s standout features is its unique approach to claims management. Unlike other providers that automatically offer replacement devices, AKKO provides customers with cash based on the device’s replacement value minus the deductible. Similarly, for repairs, AKKO offers the option of receiving cash for repairs or direct payment to an AKKO partner repair shop.

AKKO offers two primary plans: The Phone Only plan and the Everything Protected plan. Both plans provide basic phone protection, covering cracked screens, liquid damage, accidental damage, theft, vandalism, and damages from natural disasters. The Everything Protected plan extends coverage to an additional 25 electrical items, including tablets, laptops, and video games owned by the policyholder.

Plans & Pricing

  • The Phone Only plan ranges from $6 to $12 per month, or $5 to $11 per month for annual payments.
  • The Everything Protected plan costs $14 per month for students and $15 per month for adults, with a $1 per month discount for annual payments.

Deductibles vary based on the make, model, and year of the device. Repair deductibles typically range from $29 to $75, while replacement deductibles range from $75 to $99. Under the Everything Protected plan, adults pay a $99 deductible for repairs or replacements for other covered electronics, while students pay $49.

While each plan covers only one cellphone, customers can save 5% to 15% by bundling multiple policies. With its affordable rates, flexible coverage options, and innovative claims process, AKKO stands out as a top contender in the cellphone insurance market.


  • Deductible: $149
  • Average monthly premium: $8.99 to $19.99 per month
  • Available policies: Single plan, family plan
Why We Chose It

SquareTrade’s affordable rates, multi-device policies, and higher annual claim allowances make this provider the best option for families.

Pros & Cons


  • Coverage for all phones regardless of make, model, or age
  • Four to eight claims allowed per year
  • Competitive rates for family plan


  • Mail-in repairs are slow
  • Deductible may be higher for older phones

Backed by Allstate, SquareTrade stands out as one of the most cost-effective options for cellphone insurance, offering multi-device plans with generous claim allowances. With its comprehensive coverage and family-friendly policies, SquareTrade earns our recommendation as the go-to choice for protecting your entire household’s devices.

SquareTrade’s insurance covers all cellphone makes and models, regardless of carrier or age. The plans encompass a wide range of common issues, including cracked screens, touchscreen failures, liquid damage, audio/speaker failure, battery failure, and charging port failure.

Coverage extends to on-premise repairs, including same-day service at select locations or repairs at local repair shops. Alternatively, clients can opt to mail in their devices for repair, with turnaround times typically ranging from two to five days.

Unlike many competitors, SquareTrade allows for up to four claims per year per individual device plan and up to eight claims per year for family plans. This expanded claim allowance is particularly beneficial for families with multiple devices.

Plans & Pricing

SquareTrade offers competitive premiums, starting at $8.99 per month for a single device. Families can insure multiple devices for just $19.99 per month, providing comprehensive coverage for all household devices. Deductibles are fixed at a flat rate of $149, ensuring transparency and predictability in the claims process.

Additionally, SquareTrade offers an upgrade option for $12.99 per month, which includes premium tech support, Allstate Roadside Assistance, and identity theft recovery services, enhancing the value of the insurance package.

With its affordable rates, extensive coverage, and family-friendly policies, SquareTrade provides peace of mind for households seeking reliable protection for their valuable devices.



  • Deductible: $29 to $149
  • Average monthly premium: $3.99 to $13.49 per month
  • Available policies: AppleCare+, AppleCare+ with Theft and Loss
Why We Chose It

AppleCare+ provides affordable coverage that is specific to iPhone and other Apple devices, making it the best option for iPhone users.

Pros & Cons


  • Certified Apple parts and technicians
  • Theft and loss policy options
  • Low premiums


  • Only covers Apple devices
  • Additional application steps if starting a policy 60 or more days after initial iPhone purchase

With the soaring cost of iPhones nearing $1,000, investing in insurance can be a wise decision. While many cellphone insurance providers offer coverage for iPhones, discerning customers may opt for the reliability and expertise of the manufacturer. AppleCare+ stands out as the top choice for iPhone users, offering comprehensive protection and access to Apple’s renowned support services.

AppleCare provides two distinct policies: AppleCare+ and AppleCare+ with Theft and Loss. Both plans offer unlimited incidents of accidental damage protection annually and coverage for batteries that retain 80% or less of their original capacity. Additionally, AppleCare+ with Theft and Loss extends coverage to two incidents of theft or loss every 12 months.

With an AppleCare+ account, customers gain exclusive benefits, including 24/7 priority access to Apple experts via phone or chat, onsite services such as screen repairs, express replacement services, and convenient mail-in repair options with prepaid shipping. Moreover, AppleCare+ customers can seek assistance at any Apple Store or Apple Authorized service provider for in-person repairs and troubleshooting.

For those considering AppleCare+, it’s advisable to add the policy within 60 days of purchasing the iPhone. After this period, customers may need to visit an Apple Store to enroll in the program.

Plans & Pricing

The cost of AppleCare+ varies based on the iPhone model and the chosen coverage plan. Monthly premiums range from $3.99 to $9.99, or customers can opt for a fixed two-year term priced between $79 and $199. AppleCare+ with Theft and Loss is available for $7.49 to $13.49 per month or $149 to $269 for a two-year term.

Deductibles are contingent on the type of incident. Screen repairs incur a $29 deductible, while other damages typically require a $99 deductible. For lost or stolen phones, the deductible amounts to $149.

With its comprehensive coverage options, access to Apple’s expert support, and reasonable pricing, AppleCare+ offers unparalleled protection for iPhone users, ensuring peace of mind and safeguarding your valuable investment.


  • Deductible: $0 to $199
  • Average monthly premium: $3 to $16 per month
  • Available policies: Samsung Care+, Samsung Care+ with Theft and Loss
Why We Chose It

Samsung Care+ offers expert support and a $0 service fee for mechanical breakdowns, making it a great option for Samsung phone owners.

Pros & Cons


  • Expert Samsung support
  • Theft and loss policy options
  • $0 service fee for mechanical breakdown claims


  • High premiums for some devices
  • Only for Samsung users

As a pioneer in cellphone technology, Samsung understands the importance of providing comprehensive insurance options for its users. Samsung Care+ stands out as the premier choice for Samsung device owners, offering affordable coverage and access to Samsung’s expert technicians for reliable repairs.

Samsung Care+ offers coverage for accidental damage, liquid spills, screen cracks, and mechanical breakdowns beyond the initial 12-month manufacturer warranty period. Additionally, the Samsung Care+ Theft and Loss plan extends protection to cover three incidents of theft or loss within a 12-month timeframe.

Customers enrolled in Samsung Care+ enjoy the convenience of 24/7 support and the assurance that their phone repairs will be handled by Samsung experts using original Samsung parts.

Plans & Pricing

The pricing of Samsung Care+ policies varies based on the specific device being insured. Deductible costs are determined by the reason for service, such as accidental damage or screen repairs.

The Samsung Care+ Theft and Loss plan is available for $8 to $16 per month for a 36-month term, while the standalone Samsung Care+ plan ranges from $3 to $11 per month for the same term. Repair service fees range from $0 to $99, and deductibles for lost or stolen phones fall between $99 and $199.

With its comprehensive coverage options, affordable pricing, and commitment to quality repairs, Samsung Care+ provides Samsung users with the peace of mind they need to protect their valuable devices.



  • Deductible: $29 to $499
  • Average monthly premium: $12 to $15 per month (single device) $45 per month (multiple devices)
  • Available policies: Single device, multiple devices
Why We Chose It

We chose Asurion for our list because of its affordable and comprehensive coverage and easy claim process.

Pros & Cons


  • Works directly with several top wireless providers
  • Easy claims process
  • Robust coverage that includes loss


  • Higher deductibles for some devices
  • Doesn’t offer the lowest premiums on the market

For customers of major cellphone providers like Verizon, AT&T, and USCellular, adding insurance to their monthly bill is a seamless process thanks to Asurion. Offering affordable coverage with an easy claims process, Asurion ensures customer satisfaction with its comprehensive insurance plans.

Asurion’s coverage extends to a variety of scenarios, including device loss, theft, or damage such as broken screens or liquid damage. Additionally, plans cover device defects and issues related to normal wear and tear, such as dust accumulation or internal heat and humidity problems.

The online claims portal provided by Asurion streamlines the claims process, allowing policyholders to submit claims with ease. Replacement phones are typically delivered via mail within 24 hours, although not all damaged devices require a replacement. Customers with cracked screens or those preferring to work directly with a technician can visit one of Asurion’s numerous Tech Repair & Solutions or uBreakiFix stores, numbering over 700 locations. Additionally, customers can schedule a home or office visit with an Asurion technician for added convenience.

Plans & Pricing

Asurion offers a variety of purchasing options tailored to each cell provider and device type, including smartphones and watches. Deductibles for replacement phones vary depending on the device, with higher-end or newer models typically carrying larger deductibles. Screen repairs, which often do not necessitate a replacement phone, are generally more affordable.

With its convenient repair options and comprehensive coverage, Asurion provides peace of mind for customers of Verizon, AT&T, USCellular, and other major cellphone providers.


  • Deductible: $75
  • Average monthly premium: $8 to $10 per month
  • Available policies: Single device, multiple devices
Why We Chose It

Progressive lets cellphone insurance customers customize their policy based on device type, coverage amount, and policy term, making this well-known insurer a great provider for customers who want options.

Pros & Cons


  • Multi-device plans
  • Customizable coverage
  • Discount for Progressive customers


  • Full payment required for two- and three-year policies
  • Does not cover manufacturer defects

Renowned for its homeowners and auto policies, Progressive extends its coverage to smartphones, laptops, tablets, gaming systems, and more with its customizable device protection plan. Offering affordable multi-device plans and a plethora of options, Progressive stands out as the go-to choice for those seeking flexibility and comprehensive coverage.

Progressive’s device insurance policies safeguard against theft and damages, including water damage, accidental drops, cracked screens, and damages from fire, flood, or natural disasters. Coverage commences immediately upon policy activation, irrespective of the device’s age, although it excludes manufacturer defects and issues arising from normal wear and tear.

As an added benefit, customers can bundle multiple device protection policies, enabling easy insurance coverage for every phone in the family, along with additional devices like laptops and gaming systems.

Plans & Pricing

Progressive’s protection plans are highly customizable, offering basic coverage starting at just $8 to $10 per month per device, coupled with a $75 deductible. Customers can enjoy a 5% premium discount when purchasing coverage directly through Progressive.

During the selection process, customers can tailor their coverage by choosing the coverage amount ($400 to $1,499) and policy term (one to three years) for each device. Opting for longer policy terms of two or three years can yield additional savings, although full payment upfront may be required. Alternatively, customers preferring monthly payments may opt for the one-year policy option.

Cellphone insurance offers valuable protection against unexpected repairs or replacements, ensuring peace of mind for device owners. Depending on individual preferences and needs, several options stand out as top choices in the market.

For seamless coverage, customers can consider signing up for insurance through their wireless provider or device manufacturer. Providers like Asurion, AppleCare+, and Samsung Care+ offer comprehensive plans with convenient claims processes and reliable support.

Alternatively, customers may explore coverage options through their home or auto insurance provider. Established names like Progressive and AllState (SquareTrade) offer competitive premiums and deductibles, with the potential for existing customer savings.

For those seeking newer and alternative options, providers like AKKO present compelling choices, offering affordable rates and customizable coverage.

Ultimately, the best cellphone insurance provider depends on individual preferences, budget, and coverage needs. By carefully evaluating available options, customers can find the perfect fit to safeguard their devices and ensure peace of mind in the face of unexpected mishaps.


Compare the Best Cellphone Insurance

Company Deductible Average Monthly Premium Types of Phones Covered Available Policies
AKKOBest for Policy Budget $29 to $99 $6 to $12 per month (single phone) $14 – $15 (phone plus other devices) Various Phone Only, Everything Protected
SquareTradeBest for Families $149 $8.99 to $19.99 per month Various Single plan, family plan
AppleCare+Best for iPhones $29 to $149 $3.99 to $13.49 per month iPhones AppleCare+, AppleCare+ with Theft and Loss
Samsung Care+Best for Samsung Phones $0 to $199 $3 to $16 per month Samsung Samsung Care+, Samsung Care+ with Theft and Loss
AsurionBest for Easy Claims $29 to $499 $12 to $15 per month (single device) $45 per month (multiple devices) Various Single device, multiple devices
ProgressiveBest for Options $75 $8 to $10 per month Various Single device, multiple devices


Frequently Asked Questions

  • Why Get a Protection Plan for a Cell Phone?

  • How Much Is Cell Phone Insurance on Average?

  • Is Cell Phone Insurance Worth the Cost?

  • Can You Get Cell Phone Insurance After Purchase?


Methodology: Choosing the Best Cellphone Insurance

Our evaluation process involved thorough research into 11 companies offering cellphone insurance. We meticulously analyzed each insurer based on several key factors to identify the best options for consumers. Here’s how we conducted our assessment:

  1. Coverage Analysis: We scrutinized the coverage offered by each policy, prioritizing plans that covered essential aspects such as accidental damage, liquid spills or submersion, and theft. Comprehensive coverage was a key consideration in our evaluation.
  2. Cost Evaluation: We assessed the premiums and deductibles associated with each policy to determine affordability. Our aim was to identify options that provided excellent value for money while offering comprehensive coverage.
  3. Policy Options Review: We examined the flexibility and variety of policy options available from each insurer. We looked for insurers that offered customizable plans to meet the diverse needs of consumers.
  4. Customer Feedback Assessment: We took into account customer feedback and reviews to gauge satisfaction levels and overall experiences with each insurer. Positive customer sentiment was a significant factor in our evaluation.
  5. Additional Benefits Consideration: We identified any supplementary benefits or features offered by each insurer, such as convenient claims processes, 24/7 customer support, or bundling discounts. These additional perks contributed to the overall attractiveness of each policy.

By meticulously evaluating these factors, we were able to match each insurer with specific customer profiles and preferences, ensuring that consumers can make informed decisions when selecting cellphone insurance. Our methodology prioritized affordability, coverage comprehensiveness, and customer satisfaction to provide comprehensive insights into the best insurance options available.


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