Cell Phone Insurance Plans Compared: What's Worth It? | Tom's Guide

 

is smartphone insurance worth it

Smartphone carriers offer insurance for your devices, but it may not be a good fit for all users. Find out whether you're a match for a protection plan. The other day my younger son got out of my Author: Scott Matteson. Oct 11,  · Smartphone Insurance Comparison SquareTrade vs Cellular Carrier Insurance Plan vs AppleCare+ vs Credit Card Plans New smartphones are expensive. You will pay over $1, for an iPhone X. The cost to repair a broken screen on a Galaxy S8 (without insurance) quoted to me by two different local repair shops was over $! (Answer our poll and I’ll send out the results in a few avizhnet.tk: Francie Black. Insurance immediately becomes worth it after just one incident. Ultimately, as with any other kind of insurance, smartphone insurance takes some homework. Best Smartphones - Here Are the 10 Author: Don Reisinger.


Is Smartphone Insurance Worth Buying? - Consumer Reports


Is cell phone insurance worth it? Otherwise, as the Wall Street Journal says, is smartphone insurance worth it, an extended warranty on your gadget is a waste of money. Could cell phone insurance be worthwhile for you to add to your monthly phone bill? For example, most contracts include a maximum on the monetary value of your claims each year e. Furthermore, the cost and coverage for accidental damage varies by carrier.

Other major carriers have similar requirements, is smartphone insurance worth it. Note: Verizon mentions on their website that their insurance provider, Asurion, could potentially fulfill your claim with new or refurbished equipment.

This includes loss and theft coverage, as well as accidental damage and phone malfunctioning. Secondly, the more claims you add to your account — even a relatively small claim like a lost phone — might increase your premium costs. Inis smartphone insurance worth it, Gadget Review published an excellent comparison piece on aftermarket smartphone insurance planswhich concluded that SquareTrade was the best insurance provider for cell phones, followed by Protect Your Bubble, which also offers an affordable smartphone protection plan for customers.

If you get your insurance through an aftermarket insurance provider instead of your cell phone carrier, you could save quite is smartphone insurance worth it chunk of change over the life of the phone.

Whether or not you opt for a monthly insurance plan, there are several ways to protect your cell phone from theft and loss. These apps allow you to use another device — such as a laptop or tablet — to wirelessly pinpoint the last location of your phone, even if the device has since been turned off. Investing in a protective case for your phone as well as screen protection to avoid cracks will also prolong the life of your phone without requiring constant repairs.

What do you think? Do you have insurance on your cell phone? Pepper addictand a self-proclaimed investing junkie. He has written is smartphone insurance worth it for many nationally known financial websites and publications about investing, retirement planning, and even how to find the best return on investment. Email him directly at Hank[at]MoneyQandA. You can also subscribe to our Free Weekly Newsletter. I actually bought a protective screen and I dropped my phone less than 48 hours after getting it and the screen shattered.

I think it would have been avoided had I had installed a protective case, but that was ordered and arrived via Amazon the is smartphone insurance worth it day! Lucky that I had the protective screen otherwise it probably would have been the actual screen damaged.

Unless the deductible is less than the cost of repair it is not worth it! Why have I been paying insurance this whole time? Your email address will not be published. Get new blog posts delivered right to your email!

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Cell Phone Insurance with Affordable Coverage| Worth Ave. Group

 

is smartphone insurance worth it

 

Oct 11,  · Smartphone Insurance Comparison SquareTrade vs Cellular Carrier Insurance Plan vs AppleCare+ vs Credit Card Plans New smartphones are expensive. You will pay over $1, for an iPhone X. The cost to repair a broken screen on a Galaxy S8 (without insurance) quoted to me by two different local repair shops was over $! (Answer our poll and I’ll send out the results in a few avizhnet.tk: Francie Black. Insurance immediately becomes worth it after just one incident. Ultimately, as with any other kind of insurance, smartphone insurance takes some homework. Best Smartphones - Here Are the 10 Author: Don Reisinger. Instead of carrying insurance, a consumer could buy a used phone on their own from a reputable seller via eBay (EBAY), Gazelle, or similar services in the rare case of a loss. A used iPhone 7 Author: Aaron Pressman.