The upfront—or recurring—cost of a premium warranty plan for smartphones can feel excessive. However, if you look at the larger picture, they make a lot of sense. Here are the top reasons why I recommend purchasing a premium warranty plan. 1 Your Device Will Be Covered for More Than a Year Most smartphone manufacturers cover hardware defects in phones for 12 months under a limited warranty plan. However, problems that arise beyond this period almost always require a paid service. And with how fragile electronic devices can be, in my opinion, this one-year guarantee just isn’t enough. Purchasing a premium warranty plan—which often provides extended coverage—means you’re guaranteed to be covered against problems like a malfunctioning motherboard, green lines on your smartphone’s display, or a significantly degraded battery at no cost or a minor service charge. 2 Guaranteed Cost-Effective Repairs Against Accidental or Water Damage Austris Antons/Shutterstock Circling back to the limited warranty that comes with your device, a big limiting factor here is that it’s restricted to manufacturing or component failures, particularly those that …