Comments on: Smartphone Insurance: Worth it?

By: cindyc8671

cindyc8671 — Sat, 05 Jul 2008 17:20:28 +0000

There is a GREAT website for Smartphone insurance. Its http://www.digitalcaboodle.com. They also carry insurance for the Blackberry, Instinct and other high end phones. I think if you are going to be carrying a phone like a Smartphone or any other phone that is high in value it is only smart to insure it. At http://www.digitalcaboodle.com they give you the best coverage at the best prices. Plus, you can have up to three claims a year, no questions asked. You are sent a new phone directly. I highly recommend it and love this site. Low monthly cost and low deductibles too. Very professional. Tons of services and products.

By: Stan Lau

Stan Lau — Tue, 27 Mar 2007 02:57:34 +0000

The Asurion Insurance will replace your phone if it’s damaged in an accident or stolen-so it covers more than the i730′s manufacturer’s warranty-and yes, it’s only worth it if the phone is expensive-

By: Mitchell Oke

Mitchell Oke — Mon, 26 Mar 2007 21:17:17 +0000

Yah, if you have a cheapo phone then it definitely wouldn’t be worth it. I would LOVE to get insurrance for my Treo 750, but my carrier doesn’t offer it. I will have to see if my dad’s home insurrance offers it.

By: Tyler Puckett

Tyler Puckett — Mon, 26 Mar 2007 21:08:39 +0000

So true…why do we have any kind of insurance, really? We may need it, we may never need it.

Getting back to your point, if the phone broke let’s say three months in, you’d still have the manufacturer’s warranty (unless you did something outside warranty coverage). I’ve never bought a smartphone (I have a cheapo Palm z22 and an even more cheapo Nokia 6102i). To me, I think the insurance isn’t worth it when you have cheapo phones, because many times the deductible is more than a comparable phone would be. For instance, I’m pretty sure I could get a Nokia 6102i off eBay for less than $50. It all depends on your circumstances, I guess…

By: Stan Lau

Stan Lau — Mon, 26 Mar 2007 19:03:46 +0000

It really depends on when you file your claim-here, it could be seen as a wash b/c premiums have been paid every month for about a year and a half. So, add that up plus the $50 deductible and you’ve spent about $200 for the replacement phone which is what you would have spent w/o insurance. But-if the phone had broken early during the insurance contract when only a few months of premiums had been paid and the price of the i730 was still high at around $500, then the buyer definitely would of made out-getting a $500 phone for only a $50 deductible a few months of $5.99 premium payments. That’s just the insurance game. Sometimes you never need it-sometimes you do-and someone is going to make out.

By: Tyler Puckett

Tyler Puckett — Mon, 26 Mar 2007 18:51:44 +0000

Ah, but you have to consider this: was paying the $5.99 every month plus the $50 deductible cheaper than buying a new phone? They really make a killing on us; between contracts, insurance, and exorbitant rates, EVERYONE in the cell phone business is getting rich…