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UK shuns mobile phone insurance

Research conducted by Virgin Media has revealed that the UK has failed to insure the majority of its mobile telephones, with 72% of those asked admitting to not having cover for their phones.

Of the 1,000 surveyed, 70% claimed to have broken or lost up to seven phones in the past decade – resulting in millions spent on replacing handsets.

“If you’ve ever dropped your phone into your drink or inadvertently put it through a cycle in the washing machine, you’re not alone, as these are some of the most common causes of damage to handsets,” explained Jamie Heywood, director of mobile at Virgin Media.

“With smartphones being core to our daily lives and many of the latest devices costing up to £500, it’s shocking to learn that so many consumers aren’t protecting their investments."

The primary reason for a lack of mobile phone insurance appears to be cost, with 60% of Brits claiming it was still too expensive.

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By . Senior Content Executive. Tweets at @JackPressedOn

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