The thing with mobile insurance is that there is one policy for every handset and
the policy does not depend on the sex, age, work, income or any other demographic is used which are used in case of other insurance policies. Most insurance policy providers also do not care about the claim history of the mobile phone owner and thus can prove to be very profitable to users who are used to loosing their handsets on a regular basis.
To get the right type of insurance the user has to first take some time out and find out what are their requirements exactly. What exactly do they need from this insurance and how likely are they to damage or loose their handsets. If you are one of those folks that can take care of their belongings are very careful about where they keep their stuff then yes you should and can try to skip the insurance part of mobile phone ownership.
Mobile insurance is basically for those folks who are used to loosing their mobile phones all the time and are very careless about their belongings. They should not have been given a handset in the first place but what can one can do when they do have a neded to stay connected. Just read the fine print before signing on the dotted line as there are many hidden costs associated with mobile insurance and if not taken seriously ine might have to pay a lot in the end if one does loose their handsets. And instead of laying a claim after those premium installments one would rather go for buying a new one from the mobile phone service provider. And that friends would be terrible waste of money.