Is it worth it to have phone insurance?

Cellphone insurance may be worth it if the cost of replacing your phone would put a strain on your finances. And, with the pricetag on the latest smartphones topping $1,000, that's not a rare situation. Insurance might help cover you if your phone is lost or stolen, or if it's accidentally damaged.

Should You Buy Insurance For Your Smartphone?

Is phone insurance a waste of money?

Every time you have a claim, you will need to pay a deductible of up to $199 to replace your phone. That can greatly effect your out-of-pocket cost and make the smartphone insurance not really worth it.

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How many times will Verizon replace a phone?

You can file up to 3 claims in a 12-month period (excluding cracked-screen repair claims) with a device replacement maximum of $400 or $3,000 depending on device.

Will Verizon insurance cover a cracked back screen?

If you're enrolled in Verizon Protect or Total Mobile Protection, you may be eligible for a new screen. Start by filing a claim through Asurion's website. With these device protection options, you get unlimited cracked screen repairs for just $29 each time you need for select eligible devices.

What does insurance cover on your phone?

Smartphone insurance usually covers lost, stolen, and damaged phones. And some—like the company AT&T uses, Asurion—even cover liquid damage. Again, make sure you read your policy to learn about the coverage you have before you need it. Remember, you may have to pay a deductible if you make a claim.

Can insurance replace my phone?

Similar to a warranty, cell phone insurance covers electrical and mechanical failures – but that's where the similarities end. Cell phone insurance also covers if your phone is lost, stolen or damaged — even liquid damage.

Is it worth it to have phone insurance?

Cellphone insurance may be worth it if the cost of replacing your phone would put a strain on your finances. And, with the pricetag on the latest smartphones topping $1,000, that's not a rare situation. Insurance might help cover you if your phone is lost or stolen, or if it's accidentally damaged.

Is a dropped phone covered by insurance?

Similar to a warranty, cell phone insurance covers electrical and mechanical failures – but that's where the similarities end. Cell phone insurance also covers if your phone is lost, stolen or damaged — even liquid damage.

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What are the benefits of cell phone insurance?

  • Cracked phone screen and other accidental damage.
  • Smartphone loss and theft.
  • Normal wear and tear related to dust, internal heat, and humidity.
  • Water damage from spills or submersion.
  • Mechanical failures and defects after manufacturer's warranty ends.
Feb 19, 2021

Can Verizon send me a replacement phone?

If your Verizon device is lost, stolen, damaged, or malfunctioning, you may be eligible for a replacement if you are enrolled in device protection. Your plan may provide replacement, repair, and/or tech support for your mobile device.

Will Verizon exchange a defective phone?

Certified Like-New Replacements for defective mobile devices FAQs. If your current device is under warranty and experiences electrical or mechanical malfunction due to a manufacturing defect, you may be able to get a Certified Like-New Replacement.

How much is the Verizon extended warranty device replacement fee for customers who choose replacement instead of repair?

There's no fee for Extended Warranty repairs. There's a $49 replacement fee, applicability determined at the time of claim, based on device type. Only select smartphones are eligible for Extended Warranty repairs. If your device is not eligible for Extended Warranty repair, you will not be charged the replacement fee.

Will Verizon replace my phone?

Does the back of the phone count as a cracked screen?

It is not considered a screen replacement. The entire phone will need to be replaced.

Does Verizon insurance cover cracks?

Wireless Phone Protection gives you: Coverage for loss, theft and damage (including water damage) As soon as next-day device replacement. Unlimited cracked screen repair for select smartphones, fixed fast for only $29 for each approved cracked screen repair claim.

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Can I trade in my phone if the back is cracked Verizon?

Can I trade in a device that is damaged or not working? Verizon won't accept devices that are damaged or not working, although you should always first check with a Verizon store sales associate for an evaluation. If you qualify, you can jump straight to the good stuff and continue shopping with a credit on your order.

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Does Asurion cover broken back of phone?

From frozen screens and broken back glass, our technicians have seen it all. They're trained to fix your iPhone—and fast. Stop by your nearest Asurion, Asurion Tech Repair & Solutions, or uBreakiFix store. We're here to help.

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