Have you ever examined your cell phone bill closely? Over the past few years mine has skyrocketed from $40/month to $93/month. A lot of that increase can be explained by upgrading from a Zach Morris–style 12 lb brick to a sleek do-it-all computer.
Another portion of my cell phone bill goes towards cell phone insurance. Since I’m constantly carrying my $400 Droid and throwing it around like light-weight cheerleader in a basket toss, I thought it was a good idea to carry coverage. Do I enjoy paying $6.99/month for this peace of mind? Not really – but what other choice do I have?
How To Get Free Cell Phone Insurance
Use your credit card.
I could spend hours explaining why credit cards are the best form of payment, but that’s not what this specific post is for. Let’s face it: cash is dirty, debit is dangerous, and money orders are sketchy. None of the alternatives offer anything close to the same advantages. Aside from lucrative rewards programs, many personal and small business credit cards offer perks that most consumers aren’t aware of. One of those is free cell phone insurance. Here are a few others:
- Rental Car Insurance
- Trip Cancellation Insurance
- Extended Warranties
- Roadside Assistance
I don’t buy into the idea that credit cards, psychologically, make you spend more. Either you’re responsible enough to have one, or you’re not. As long as they’re used as a spending tool rather than a borrowing tool, you shouldn’t run into any trouble. If you’re one of those who has taken a pair of scissors to your plastic then you’re missing out on these lesser known credit card perks.
What perks do you take advantage of?