iPhone insurance is a type of mobile phone insurance designed specifically with iPhones in mind. All the coverage that is included takes into account the requirements of Apple products and services. This way, if something happens to your phone, you can be sure that our insurance will cover it.
iPhones are among the most expensive phone models on the market, but also the most popular. Thanks to their gorgeous design and clean operating system, Apple iPhones are highly sought-after smartphones.
However, imagine if something happened to your £1000+ phone – would you be able to pay for a replacement or repairs right away? It isn’t easy to find that much money at short notice…
Apple iPhone insurance gives you the chance to pay a small monthly or annual premium so that if anything happens to your device, the insurer will repair it or replace it. This will be taken care of within days and with nothing except the excess to pay (usually from £30 – £175, depending on the device).
This gives you a more affordable way to get your precious iPhone back in working order after a mishap and handle the mounting cost of repairing or replacing your Apple device. You can get iPhone 13 insurance, iPhone 12 insurance… in fact, almost any model of iPhone can be insured by loveit coverit. Find a list of the popular devices insured with us below.
There’s plenty of unfortunate things that can happen to your phone – getting knocked off a desk, falling out of your pocket, dropping into a puddle, etc. You can’t predict everything that might happen, so our iPhone insurance is designed to protect you against practically
all the things that could.
When buying a new phone, Apple always offers the option to take out Apple Care+ as means of protecting your new device. But is Apple Care+ better or worse than our specialist insurance? It really depends on the level of protection you are looking for. One of the most frequently asked questions we get is ‘Can I insure an iPhone after purchase?’. The answer is yes, you can. However, if you are choosing Apple Care, you can only insure your device up to 60 days after purchase, whereas with loveit coverit, you can insure your device up to 36 months after the purchase. To find out which option is better for you, check out the comparison table below.
Apple Care + with Theft and Loss
Time frame to buy
|up to 36 months after purchase||up to 60 days after purchase|
All iPhones Covered
Available in the whole of UK
Unauthorised usage cover
The price of Apple iPhone insurance depends on which model you own. Usually, you’ll find that the higher the retail price, the higher the cost of cover.
More recent models can cost more to insure as they have a higher market value and are in higher demand.
However, you can get the best iPhone insurance price possible by completing a personalised quote for your model.
This depends on which type of insurance policy you have chosen – monthly or annual. We like to give our customers the option so you can pick whichever you prefer.
If you’ve chosen a monthly policy, you will have to pay once a month on a date most convenient for you. You could time your payment with your payday so you know when your expenses will leave your account. If you’ve chosen an annual policy, you will have to pay once a year. This can be ideal if you simply want to pay for 12 months of cover up front. That way, you know your insurance is sorted for the whole year!
Please note, we don’t take any payments in the first 14 days after the policy start date, therefore your first two payments might be taken in the same month (if you’ve chosen a monthly policy). Don’t worry if this happens. After the first month, you will only have to pay once a month.
If you have to make a claim, you will have to pay an excess. The excess is a small amount of the initial cost for repairs or a replacement, then we take care of the rest.
Excess usually depends on your iPhone model and claim type. Higher-priced devices and loss or theft claims have a higher excess, while cheaper phones and accidental damage claims have lower excess.
You can take a look at our policy excess table to find out exactly what you’d need to pay in each situation.
Usually, the older the iPhone gets, the cheaper it becomes to insure. This is usually because demand for them drops as newer models are released.
We always check the changes in the selling prices of iPhones so that we can offer the most competitive price for you.
However, it is important to remember that we can only insure phones up to 36 months old.
When looking to get your phone insured, there are a few things that may prevent you from getting an iPhone insurance policy. This is mainly due to the condition the iPhone is already in or where it was purchased from.
The most common insurance exclusions are:
You can check the full list of exclusions to make sure your phone can be insured.
loveit coverit insurance is arranged by Pier Insurance Managed Services Limited, which is authorised and regulated by the Financial Conduct Authority under Firm Register number 331798.
Our policies are underwritten by Inter Partner Assistance SA (IPA) which is fully owned by the AXA Partners Group. The Inter Partner Assistance SA Financial Conduct Authority register number is 202664.
Working in partnership with AXA we are a trusted, specialist provider of mobile phone and tablet insurance policies direct to the consumer. loveit coverit is a trading style of Pier Insurance Managed Services Ltd.
Pier Insurance Managed Services Ltd is authorised and regulated by the Financial Conduct Authority. FCA registration no. 311798.
We know that mobiles matter, which is why we’ll aim to get you yours within 24 to 48 hours of your phone insurance claim being approved.
Where possible, your replacement phone will be the same make, model, and colour as before. If this is not possible, or it’s no longer produced, we will provide a phone that’s as close as possible to the original in terms of value and features.
Your phone will either be brand new or refurbished as new – you won’t be able to recognise the difference though. It will also have a warranty.
Your policy is not a ‘replacement as new’ policy so all mobile phone or tablet replacements may be either brand new or refreshed devices – all devices will also come with a warranty.
The quality of refreshed devices is so high you won’t be able to tell the difference compared to the new devices. Although standards are extremely high, please note that refreshed devices may hold some non-original parts.
No, there is no minimum or maximum period of cover. If you choose to pay annually, we will let you know your cover is coming to an end two weeks before the renewal date. If you don’t tell us otherwise, we will automatically renew your phone insurance policy.
Yes, but all iPhones must be purchased from a VAT registered UK supplier within the last 36 months (from the policy start date). This must be supported by a valid proof of purchase document.
We only offer mobile phone insurance cover for genuine devices. That means if you have a non-genuine device then we won’t be able to cover it.
Your excess can be found in your Policy Excess documents.
Unlike other insurance providers, we do not increase our premiums after you make a claim. Therefore, we ask that you pay the compulsory excess so we can keep our prices low for you. In the meantime, you can trust that we will handle your claim promptly and professionally.
To take out a policy for yourself you must be 18 years old or over and a UK resident. If you are under 18 years old, then a consenting family member can take out the policy on your behalf.
We will appear as Pier Insurance on all banking statements.
No. Whilst every care is taken to ensure that our list is complete and up to date, the iPhone market changes very often. Please contact us to give us the details of your iPhone model, and we will confirm if it is a model we can cover.
Yes! Please email us at firstname.lastname@example.org or call us at 01702 568081 and we will be happy to help.
Please check through both the Policy Excess, and IPID (insurance product information document) to check for what is not covered by your policy.
If iPhone users would prefer to get insurance through the manufacturer, they can opt to purchase AppleCare+. This insurance plan costs £129 for the year and protects your phone against hardware damage, manufacturer damage, and up to two cases of accidental damage. For everything else, you’ll either have to pay a hefty excess fee or pay in full.
The truth is that phone insurance may not be worth it... until you actually have to make a claim. You could very easily pay out for insurance every month and never see a return on your investment, which may seem like a waste. But if you choose to go without insurance and your device is broken or lost, you’ll almost certainly have to spend more money to fix it than you would have sent on a policy. If you feel comfortable without insurance, then you probably don’t need it, but if you want that added peace of mind, it’s a must-have.