Does Chase Sapphire Reserve offer phone insurance?

No, Chase Sapphire Reserve does not offer phone insurance. You can, however, protect your phone through the card’s purchase protection and/or extended warranty benefits. Note that the items must be purchased with the Chase Sapphire Reserve Card in order to qualify for these benefits.

More specifically, purchase protection covers damaged or stolen items purchased with a Chase Sapphire Reserve card for up to $10,000 per claim and $50,000 per year. The coverage lasts for 120 days after the purchase date. The Chase Sapphire Reserve extended warranty benefit adds an extra year to your original cell phone warranty of three years or less when you purchase the phone with the Chase Sapphire Reserve. You’re covered for $10,000 per claim and up to $50,000 per account.

Notable Chase Credit Cards with Phone Insurance

The Chase Freedom Flex cell phone protection covers you up to $1,000 per year against theft or damage. Cell phone protection coverage applies when you pay your monthly cell phone bill with your Chase Freedom Flex. You can file up to 2 claims a year, with a $50 deductible per claim.

The Chase Ink Preferred Card provides up to $1,000 in coverage annually against damage or theft. You can file up to 3 claims per year, with a $100 deductible per claim. To be eligible, you must pay your monthly cell phone bill with the Chase Ink Preferred Card. But this benefit is limited to cell phones used primarily for business purposes. 

It is worth noting that cell phone insurance isn’t commonly offered by major credit cards. But there are several credit cards from other issuers that offer this benefit, as well.