Will My Home Insurance Cover My Mobile Phone? 
Your home insurance policy will provide coverage for your mobile phone under the contents limit of the policy , but : 1 -RRB- the loss or damage to the phone must be the result of a covered peril -LRB- cause -RRB- . The phone is destroyed in a house fire - covered . Your 6-month old German Shepherd chews it to bits - not covered . 2 -RRB- the damage will be subject to your contents deductible , which is typically $ 500 or more . So , even if the phone is technically covered by the home insurance , the benefit you receive from that insurance will likely be little or nothing . 