Do you need to insure your mobile phone?

AT&T has announced that it will be offering a decrease in its insurance rates for iPhones, beginning at the end of August 2011, leading many people to wonder whether they require this additional coverage. Though it sounds appealing to customers to protect their mobile devices – especially at a reduced rate – consumer advocates are warning people that even with lower rates, cellular phone insurance may not be necessary. AT&T has been offering standard cell phone coverage for iPhone devices as of July 17, 2011, through the insurer called Asurion,…

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