Reader Ellen asked for advice on cell phone insurance.
Two phones ago I lost the capacity to (gasp) text message! When I went to the Verizon store they told me that there was nothing I could do except wait until my upgrade kicks in, buy a new phone ($$$) or wait it out. (Yes, I waited it out.)
They also mentioned that cell phone insurance may have taken care of the alleged damage. Cell phone insurance?
Yes for about $5.00 a month, you, too can “insure” your phone in the event it is damaged, lost, stolen, etc. One new phone later and I still declined, until I thought said phone was malfunctioning. This time I tried to give in and get the insurance but Verizon told me that I had to purchase the insurance within 30 days of my upgrade.
Yes, they were on to me. Phone breaks, get insurance, get phone fixed, drop insurance. During this process I also learned that cell phone insurance, like health or autho, also has a deductible!!!
Lucky for me my cell phone was not malfunctioning–operator error–but I definitely learned another lesson in all matters insurance. If you think you’ll break it, buy it.
Do you have cell phone insurance? I decided against buying the $70 per year iPhone insurance, but a generous friend shared his with me so my phone is insured.