Thread: Electronics Cell Phone Insurance
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Old 11-28-2012, 12:47 PM   #28
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Quote:
Originally Posted by Silock View Post
IMO, you don't have to drop it or lose it all the time for the insurance to pay off. To replace it once, at least for an iPhone, it's essentially $150 for the Applecare+ and the replacement fee. A new smartphone is anywhere from $600-800. So, if you didn't have the insurance and paid $600 for a new phone out of pocket, you could have essentially paid for insurance and a replacement fee for four new phones, which is 8 years of coverage.

If you don't brain fart or have bad luck more than one time in 8 years, then yeah, don't get insurance. If you don't want to press that kind of luck, it makes much more sense to just buy the insurance.
Still not worth it. Apple's flat rate repair prices still beat that.

If you have an iPhone 5, and anything happens to it. Say it gets run over by a steam roller. They will repair or replace it for $229. Done and over.

Out-of-Warranty Service
If you own an iPhone that is ineligible for warranty service but is eligible for Out-of-Warranty (OOW) Service, Apple will service your iPhone for the Out-of-Warranty Service fee listed below.

iPhone model Out-of-Warranty Service
iPhone 5 $229
iPhone 4S $199
iPhone 4, iPhone 3GS,
iPhone 3G, Original iPhone $149

http://support.apple.com/kb/index?pa...product=iphone

Like I said, unless you lose or break phones repeatedly, it's not worth it.
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