Is paying for insurance for a cellphone still worth it?

[Tunez]

I have Sprint Total Equipment Protection, its like $11

 

[ThiefyPoo]

I have it incase of theft or misplaced.

 

[JordanWearinThe45]

I pay my cell phone bill with my credit card and I automatically get coverage through that for free. Might want to check into your terms and conditions if you pay that way.

Never knew that existed

Just buy a heavy duty case and screen protector. Unless you drop it in water or get sand in it, you shouldn't have a problem.

I dont rock cases or screen protectors I like it raw

It is worth it if you plan on keeping that phone for a while.

I purchase new phones like very half a year so for me, insurance is useless

I get a new phone every year. I get every new iPhone

I have it incase of theft or misplaced.

I dont get robbed and i dont loose my phone

 

[Heretic]

Never knew that existed

Most people don't, I get up to 2 replacements every 12 months and it covers up to $600 per replacement definitely read up on your cardholder benefits. Hell it even covers rental car insurance too.

 

[JordanWearinThe45]

Most people don't, I get up to 2 replacements every 12 months and it covers up to $600 per replacement definitely read up on your cardholder benefits. Hell it even covers rental car insurance too.

Is there a deductible?

 

[Heretic]

Is there a deductible?

$25 for me

 

[Liquid]

It's only worth it on iPhones since they hold their value so well.

Anything else though I don't recommend it. It's just not worth the price you pay spread out over 24 months.

24x11 = $264....that's more than what most 2 year android phones cost. The iPhone 5S is still going for $450 at Apple.

 

[JordanWearinThe45]

$25 for me

That's nothing breh

 

[Heretic]

That's nothing breh

You need to check and see breh, I upgrade damn near every 6 months, all I gotta do is call my card benefits department and I get me another phone the same day, I just say my screen is broken. they don't really ask any questions for real

 

[Romell]

I had a plan from best buy for my last phone that covered any and everything(theft, damage, etc) no questions asked for $10/month. Bricked it once and another time the battery stopped taking charge. I got it replaced both times. Now that I don't bother rooting any more. I've been going 2 years almost with no coverage

 

[JordanWearinThe45]

You need to check and see breh, I upgrade damn near every 6 months, all I gotta do is call my card benefits department and I get me another phone the same day, I just say my screen is broken. they don't really ask any questions for real

I got capital one and a chase card, they dont offer the insurance. The capital one seems to offer the extended warranty though. I get a new phone every year, so it doesnt really benefit me. I'ma apply for a Citi and/or Wells Fargo card close to the iphone 7 release. Props on the info breh breh

 

[Typical Knicks Fan]

It's only worth it on iPhones since they hold their value so well.

Anything else though I don't recommend it. It's just not worth the price you pay spread out over 24 months.

24x11 = $264....that's more than what most 2 year android phones cost. The iPhone 5S is still going for $450 at Apple.

Exactly, some of these phones lose half their value in twelve months.
Your Phone Loses Value Pretty Fast (Unless It's an iPhone)

 

[beenz]

total waste of money when you're paying like $100 deductable.

 

[NoMayo15]

For me it is.

I'll get drunk, break or lose my shyt with ease.

Instead of comin outta pocket 600 to replace it, I'd rather drop that $100 deductible plus the $60 or whatever I payed throughout the year.

 

[Bigtymer301]

Insurance through your carrier is only worth it, if you are the type of person to loose, or destroy (not crack screen) your phone. Other than that, not worth much. I pay $11 a month, and if I need a replacement its a $199 deductible. For a cracked screen, I can go to apple and have them fix it for $80. If your clumsy and break/loose shyt frequently, yes, if not, no