What does third-party insurance typically cover?

Third-party insurance typically covers a range of damages, including both physical harm to the device and certain liquid damage incidents. This type of insurance is designed to protect the owner against unexpected events that can lead to repair or replacement costs. In the context of mobile devices and electronics, physical damage can encompass scenarios such as drops, cracks, and other physical impacts, while liquid damage refers to harm caused by fluids, which is often excluded in standard warranties but covered under third-party insurance policies.

The options suggesting limitations—such as only covering physical damage, loss of device data, or warranty extensions—highlight aspects that do not represent the comprehensive nature of third-party insurance coverage. This insurance aims to mitigate a wider range of risks than what is available through traditional warranties.