Insurance?

[nedroid]

This is a poll of sorts to find out what the general feeling is about insurance. I had never carried insurance until my last phone but since it was a smart phone I decided to carry it for a few months. Then I forgot to cancel it and when I upgraded to my Droid my insurance was upgraded.

Along with the upgrade came a price increase and an increase in the deductible. Now my insurance costs me $6 a month plus tax and the deductible is $89.95.

I'm seriously considering canceling it. With the exception of one phone that I dropped into the dog's water bowl several years ago (and that phone recovered), I have never had the need for it.

The current cost of the insurance plus the deductible means that in a year the cost of replacing my phone will be around $165 (factoring in some tax). By that time I'll probably be ready for another phone anyway.

Any opinions?

 

[FierceDeityLink1]

http://androidforums.com/htc-incredible/71676-insurance-verizon-v-asurian-v-squaretrade.html

Pretty much sums it up.

 

[TheSultan]

IMHO, phone insurance is the biggest scam going. Unless you are completely a clutz and can't take care of yourself (like, my brother, insurance is perfect for him!).

 

[Shotgunx1x]

IMHO, phone insurance is the biggest scam going. Unless you are completely a clutz and can't take care of yourself (like, my brother, insurance is perfect for him!).

Isn't the required data plans on almost all phones a bigger scam?

 

[drdoom]

IMHO, phone insurance is the biggest scam going. Unless you are completely a clutz and can't take care of yourself (like, my brother, insurance is perfect for him!).

+1. My iPod Touch was the first expensive portable electronic I purchased that I considered putting insurance on. I'm glad I didn't. Had it for over a year and the thing is in mint condition. If I did get insurance though, I would get one with a low deductible and brand new phone replacement and break my phone about a month before the insurance expired.

 

[nedroid]

+1. My iPod Touch was the first expensive portable electronic I purchased that I considered putting insurance on. I'm glad I didn't. Had it for over a year and the thing is in mint condition. If I did get insurance though, I would get one with a low deductible and brand new phone replacement and break my phone about a month before the insurance expired.

Same with my touch. I have never had a screen protector on it and the screen looks like new. I've even dropped it once.

But there is one post on this forum of a shattered screen on an incredible--dropped from only two feet.

 

[nyjetsfan28]

Is insurance a scam? Probably...

BUT I don't at all miss/notice the $10 a month, whereas I'd really miss $539 or whatever it is if I broke my phone.