Phone insurance in America is a fast growing profitable business. Nearly two-thirds i.e. 64% of the American consumers own a smartphone and because of this massive consumption, numerous smartphone care options are also available in the market. If you already have a device protection, one does not have to worry about a costly replacement if any unexpected incidence happens. The device is covered if it malfunctions due to electrical or mechanical breakdown or if it is accidentally damaged, lost or stolen. Device protecting covers the mobile and the accessories (provided as part of the original mobile purchase) from damages like drop, spills, cracked screens, accidental damages, liquid damages, loss and theft.
It is said that 75% of Americans use the phone in the restroom. There could be chances that it slipped out of your hand – into the tub or on the floor. It is also seen that the button suddenly stops working and the screen goes mysteriously blank. In any of these scenarios, an iPhone Protection Plan keeps you one step ahead of the breakdown or the accident. After expiry of the manufacturer’s warranty, your iPhone can still be covered form cracked screens, drops, spills and mechanical breakdowns.
With the high price of an iPhone, users should at least consider buying iPhone insurance that covers loss and theft or iPhone warranty that covers water damage and drop. The high end iPhone models can be as expensive as $849 when purchased off the contract.
AppleCare, is Apple’s extended warranty and support program which cover products outside the limited manufactures’ warranty. AppleCare provides an additional year of coverage for defects especially for iPhones. Accidental damages like drops, spills or any issues related to the misuse of the mobile, leading to a product failure are not included under AppleCare’s program. The AppleCare protection plan provides a repair or replacement coverage for iPhone device and battery including earphones and accessories. SquareTrade offers coverage plan called CarePlan, which is equivalent to the AppleCare program.
Between the different iPhones 6s, 6s Plus and SE, 6s is most preferred because it has nicely balanced screen size and usability. The feel of the 6s mobile is better and is easy to slip in and out of the pocket most easily. It also has a better camera and a longer battery life. Majority of the mobile phones in America have been bought in the last three years and most of them are smartphones. Millions of Americans now pay between $5 and $12 per month, depending on the model and the coverage plan purchased.
Mobile providers have insurance plans of their own, but there are third party insurance providers who cover your smartphone after the original purchase date which could be cheaper in the long run. They provide a variety of protection plans for all types of devices including iPhones. These plans have a fixed payable amount every month and a deductible amount for each iPhone claim made. These two amounts vary from one provider to the other.
Since damage without insurance comes with a hefty price tag, hence insuring your smartphone is a smart investment. Carrier plans are typically overpriced, both in its fees and deductibles but one does not get any accidental protection which is what most people want. The third party insurance plans offer customers, insurance beyond the device warranty and covers hardware and software malfunctions, accidental damage and replacement of a lost or stolen device and eGranary has made it very easy to purchase insurance plans of one’s choice!