An announcement from one of the renowned cell phone retailer states that users nowadays are foregoing the insurance on cell phones which cost £500 for replacement.  On signing a two-year contract, it is possible to get a phone free of cost.  However, in the possibility of mobile getting spoilt before the contract gets over, the user needs to shell out £500 to have the phone replaced unless there is an insurance cover.

Many people, in the absence of insurance, turn to cell phone recycling so that the old damaged phones can be recycled for extra money, which can be used towards a replacement phone.

With the cost of mobile phones increasing by the day, insurance has become a very critical aspect in order to replace damaged phones.  Though a good sum can even be obtained through mobile phone recycling, this option is available to those who haven’t got any insurance.  You can even check all your junk cupboards and shelves and recycle all old phones that are no longer being used.  They could earn you an average sum of about a couple of pounds to £130, depending upon whether or not they are in a working condition.  This will help you in tiding over your contract period by providing you with a working phone, be it a basic one or a refurbished smartphone, against the damaged one.  This indeed is a great option to have a nearly free mobile phone, in case yours gets damaged without an insurance cover.