June 21, 2021

The Best Cell Phone Insurance in 2021

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

SquareTrade




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

Pros

  • Coverage for all phones regardless of make, model, or age

  • Four to eight claims allowed per year

  • Competitive rates for family plan

SquareTrade is backed by Allstate and is marketed as one of the most affordable cell phone insurance plans available. SquareTrade offers low-cost, multi-device plans with more claim allowances than many other insurance providers. Combined, these factors make SquareTrade our choice for cell phone insurance that can cover the whole family. 

SquareTrade insurance covers all cell phone makes and models regardless of carrier or age. Plans cover cracked screens, touchscreen failures, liquid damage, speak/audio failure, battery failure, and charging port failure. 

Coverage includes on-premise (e.g., in your home, office, a coffee shop, etc.), same-day repairs as well as repairs made at a local repair shop. Or, if you’d prefer, you can also mail in your phone for repairs, a process that typically takes two to five days.

While many cell phone insurance providers limit annual claims to two per plan, SquareTrade allows for up to four claims per year per individual device plan. Family plans allow for up to eight claims per year, which can be particularly helpful for families with multiple devices, both cellular and otherwise. 

Premiums & Deductibles

SquareTrade premiums start at $8.99 a month for a single device, but you can insure multiple devices for just $19.99 a month. Deductibles are a flat $149 regardless of phone age, model, or issue. 

SquareTrade also offers an upgrade ($12.99 per month) that adds additional benefits like premium tech support, Allstate Roadside Assistance, and identity theft recovery.