O2 Insurance vs BiMPY Phone Insurance
O2 Insure is O2’s own protection add-on. BiMPY is our rolling phone insurance that covers theft, loss, and damage.
Here’s a side-by-side look at both options so you can decide what works best for you.
Here’s a side-by-side look at both options so you can decide what works best for you.
Compare side-by-side
BiMPY policies start from £4 a month. Prices shown here are based on iPhone 17 (from £6).
| BiMPY Essential plan | BiMPY Full plan | O2 Insure Damage Cover | O2 Insure Full Cover | |
|---|---|---|---|---|
| Monthly cost | £6 | £7 | ~£12 | ~£15 |
| Policy type | 30-day rolling | 30-day rolling | Tied to O2 account | Tied to O2 account |
| Accidental damage | ✓ Unlimited claims | ✓ Unlimited claims | ✓ Limited claims | ✓ Limited claims |
| Theft cover | ✓ Up to 2 per year | ✓ Up to 2 per year | ✗ Not included | ✓ Included |
| Loss cover | ✗ Not included | ✓ Up to 2 per year | ✗ Not included | ✓ Included |
| Worldwide cover | ✓ Included | ✓ Included | ✗ Limited | ✗ Limited |
| Multi-phone discount | ✓ 3for2 | ✓ 3for2 | ✗ Not available | ✗ Not available |
Where they differ
- Price — BiMPY starts at £6/month (includes theft). O2 Insure starts at ~£12 for damage-only, or ~£15 for full cover.
- Flexibility — BiMPY is rolling 30-day cover, cancel anytime. O2 is tied to your O2 account and monthly bill.
- Theft and loss — BiMPY Essential includes theft; Full adds loss. O2 only includes both on the higher-priced Full Cover plan.
- Claim limits — BiMPY offers unlimited accidental damage claims + up to 2 theft/loss claims per year. O2 caps both damage and theft/loss claims.
- Excess fees — BiMPY uses one clear excess. O2 may charge an extra “early claim fee” if you claim in the first few months.
Example: iPhone 17
- BiMPY Essential (£6/month) → Unlimited accidental claims + up to 2 theft claims.
- O2 Insure Damage Cover (~£12/month) → Accidental damage only.
- BiMPY Full (£7/month) → Unlimited accidental claims + up to 2 theft/loss claims.
- O2 Insure Full Cover (~£15/month) → Damage, theft and loss (with claim caps + higher excess).
Which one makes sense for you?
Pick O2 Insure if you want the simplicity of adding insurance straight to your O2 bill and don’t mind paying more for limited cover.
Pick BiMPY if you want lower monthly costs, rolling 30-day cover you can cancel anytime, and theft included as standard.
Note: Information and pricing correct October 2025. All brand names, products and services are trademarks of their respective owners. BiMPY is an independent provider and is not affiliated with or endorsed by any manufacturer or network mentioned. Figures shown for comparison purposes only.