Smartphones are important in our lives today as practically our whole life’s data is stored in this tiny devise. One does numerous investments to improve one’s life and mobile is one such expensive investment. There are chances – we might have lost or spoilt our smartphones. Hence to protect this precious belonging, the smartphone insurance industry is picking up speedily in US. Mobile phones are much more than a talking devise as it houses lot of important information and hence one need to ensure it security.
Best Thing About Smartphone Protection
During this age everyone owns a mobile phone and they have paid a decent amount to purchase it. However those who cannot afford this luxury are always on the lookout to get a free one. We can use our smartphone to do anything that we can do on our laptop. So this is not surprising that these handsets are priced high and are always being preyed by thieves. So after investing in a mobile, one needs to ensure that it is covered beyond the warranty period.
Thefts and robberies are increasing everyday across US. 25% all robberies that occur in New York are those of smartphones and an estimated 50% of robberies in San Francisco. A stolen smartphone is equal to cash for thrives; a used iPhone can cost something up to $400.
If you have a smartphone then insurance is a must. Statistics show that smartphone theft is constantly rising; insurance of smartphones is considered essential for every owner. If the smartphone is not covered, then one has to pay the full amount to get a new one. In the event something happens to the smartphone one can be confident that the insurance company with take care of the loss. Buying phone insurance, will not only give you peace of mind but it will also be the best financial option.
Mobile insurance can be purchased from your smartphone carriers. There are various types of companies and third parties providing insurance, so one need to research on the insurance company before investing one’s hard earned money.
Protection from Social Economy
Statistics has shown that victims put themselves in all kinds of danger to regain their stolen smartphones. It is not always the devise that is precious but it could also be the data that is equally valuable. Data could be in the form of videos, photos, contacts, apps and even banking information. California State Senator has also come up with an initiative called ‘kill switch bill’ which would completely shut down the handset once it is reported stolen, provided the smartphone is preloaded with the anti-theft software.
As long as profits are made, thieves will continue to steal smartphones. Around 2.5 billion people in the world own a smartphone which is approximately 35% of the global population. With technological innovations, as early as 2017, half of the world population will be connected through the small screen of a smartphone. Smartphone insurance provides compete security of your priced possession, provided you are serious about protecting your phone and eGranary is one such insurance company. If you still do not have smartphone insurance, it is something you should go and get today.