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

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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Selling insurance for broken or stolen cell phones may have new rules

Legislators in Nebraska are mulling over a bill that would require cell phone vendors to carry insurance licenses. The bill, proposed by Senator Dennis Utter of Hastings, Nebraska, would make it mandatory for vendors to obtain producer licenses if they offer policies that cover loss, theft or damage – cell phone insurance . The measure has received unanimous support from the state’s Senate thus far. This seems to be a trend in a number of states around the country. With nine other states already having similar laws in place, with…

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