Tag: insurance for phone

Cell phone insurance data shows massive spending on repairs and replacements

Julie Campbell
Cell Phone Insurance

Owners of the new iPhone 5 wonder whether coverage will help protect them from high costs. The iPhone 5’s massive success in its release last week didn’t come as a surprise to anybody, but it has left the owners of these cutting edge devices wondering whether they should purchase cell phone insurance to protect them against the cost of loss, theft, or damage. Consumers spend billions repairing broken devices and on replacements and deductibles. In fact, according to the consumer electronics protection plan provider, SquareTrade’s data, since the iPhone first…

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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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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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