Tag: cell phone insurance

It’s not just about your home, auto and life insurance policies anymore

Guest Author
pet insurance

Why specialty insurance is on the rise in the U.S. In a country where many people don’t have health insurance, it might seem surprising that specialty insurance is on the rise. However, it’s also a country where people treat their pets like family and their iPhone like personal assistants. As people weigh the cost/benefit of insuring what they love in their lives, more and more of them are deciding that they’d rather be safe than sorry. Here are five reasons why specialty insurance is on the rise. *1) Pets are…

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Research shows skyrocketing fraud in smartphone insurance

Julie Campbell
Cell phone insurance

Mobile devices are proving to be a prime target for fraudsters. From full sized crime organizations to small individual scammers, the one thing that they seem to have in common is that they’ve recognized smartphones as a hot insurance scam. As mobile devices, from iPhones to tablets have progressed from chunky, heavy basic equipment to highly sophisticated and portable gadgets, unethical individuals and groups are finding them increasingly appealing for filing fraudulent claims. Insurers estimate that up to 40 percent of smartphone claims are fake. This estimate is significantly greater…

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Online insurance brand Protect Your Bubble is released in the United States

Nordstrom

A new online insurance brand called Protect Your Bubble has had its initial American launch today, with the backing of a Fortune 500 company and the intention to provide modern consumers with the additional choices they need to protect the things that are important in their lives at a given moment, such as pets, travel, and gadgets. According to the Europe and North America Protect Your Bubble president, Stephen Ebbett, when consumers think about insurance, they usually call to mind health, life, homeowner, and auto coverage. However, he also pointed…

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Ensquared predicts sharp increase in Apple mobile device insurance

The leading device insurance authority, Ensquared, has predicted another spike in the number of policies purchased in the near future for iPad and iPhone mobile devices. The reason that they expect so many people to purchase these policies throughout the holiday season is that the devices themselves are considered to be the hot gift during that period of time. Shortly after the recipient obtains the device, many of them will then look into buying coverage for it, just in case it should ever by damaged, lost, or stolen. As the…

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iPhone 4S owners encouraged to insure their devices instead of purchasing an extended warranty

H. Cutner

On the heels of the release of the iPhone 4S, a top provider of electronics insurance, Worth Ave. Group, has released its recommendation to consumers that they avoid buying a warranty and insure their mobile devices, instead. The insurer claims that when a customer purchases a warranty for an iPhone 4S, he or she remains unprotected in many ways and runs the risk of possibly needing to spend the hundreds of dollars in replacement fees should something happen to the device. It is anticipated by analysts, that the latest iPhone…

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