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Mark Bower

Mark founded MoneyMaxim in 2008, with the aim of delivering an impartial and independent service. Mark is a regular money saving expert in the press and writes regular news and articles for the MoneyMaxim news pages sharing his views on banking, personal insurance and the utilities (gas, electricity, mobile and home phones, broadband and pay TV) market with customers.

Refuse to accept the excess hike on O2 iPhone insurance policies say Moneymaxim - compare iphone insurance instead to save

Refuse to accept the excess hike on O2 iPhone insurance policies say Moneymaxim - compare iphone insurance instead to save

Compare iPhone insurance with moneymaxim

Excesses levied on O2 iPhone insurance policies have been increased to such a level that they are now amongst the highest in the industry , moneymaxim report as they see increased numbers of customers search for alternatives.

The new iphone insurance policies, which customers are being asked to sign up to by the end of September, have a minimum excess of £1 for , but this can rise to £15 dependent on claims history.

Moneymaxim are urging customers to compare iphone insurance policies before making any decision on the O2 mobile insurance offer. Mark Bower, Managing Director of moneymaxim said today "There are policies in the market both for new iPhones and iPhones over 6 months old (in fact up to 36 months old), which are far better value. If customers run a quotation through our iPhone insurance comparison service you will find policies starting from only