Apple care + Insurance = ?

Superman041 · Nov 24, 2012, 06:02 PM

Is it worth buying Applecare for the iPhone 5 ? I'm in the UK, so we don't get Applecare+ . I'm thinking of getting Applecare and insurance... is that too much ?

phoenixsan · Nov 24, 2012, 07:34 PM

a iPhone can be a steep investment. To my knowledge, AppleCare is for problems with the hardware/software, reparations and so on. An insurance would cover loss and another kind of damage, I suppose. So for assurance for the investment, the more you can afford, the better, IMHO

Acari · Nov 25, 2012, 02:29 AM

Insurance includes a monthly fee, and that lost or stolen claim carries a deductable with it. Here in the US, insurance through a carrier is $10/month for the length of your 2 year contract. $10x24months=$240+$200 deductable=$440 vs $99 for Applecare & the free Find my iPhone feature. It's a no brainer imo.

Bob Coxner · Nov 25, 2012, 05:43 PM

Quote:

Originally Posted by Acari

Insurance includes a monthly fee, and that lost or stolen claim carries a deductable with it. Here in the US, insurance through a carrier is $10/month for the length of your 2 year contract. $10x24months=$240+$200 deductable=$440 vs $99 for Applecare & the free Find my iPhone feature. It's a no brainer imo.

Except A+ doesn't cover loss or theft like the $10/month carrier insurance does. A+ also has a deductible, although it's $49 rather than $199. For me, that makes it a head scratcher rather than a no brainer - unless you can see into the future and know you won't lose or have your iPhone stolen.

iStudentUK · Nov 26, 2012, 02:40 AM

Do you have contents insurance for your home? With a decent provider? It's often cheap to add items you take out of your home - I'm covered for £2500 total, with £1000 per item and £50 excess. Covers loss, accidental damage and theft. Added about £40 to my annual quote, and obviously covers more than just an iPhone.

gnasher729 · Nov 26, 2012, 05:04 AM

Quote:

Originally Posted by Superman041

Is it worth buying Applecare for the iPhone 5 ? I'm in the UK, so we don't get Applecare+ . I'm thinking of getting Applecare and insurance... is that too much ?

Call your home insurance first and ask them what is covered.

Quote:

Originally Posted by Acari

...vs $99 for Applecare & the free Find my iPhone feature. It's a no brainer imo.

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I think "Find my iPhone" is excellent when you lost your phone somewhere in your home, or at some friends place. If it is stolen, getting it back might prove tricky.

designs216 · Nov 26, 2012, 07:49 AM

My rule of thumb is to never insure a rapidly depreciating asset. The reason insurance of this type is so lucrative is that the seller knows from statistics that they will most likely not have to pay out. So if your homeowners or renters insurance covers your handset, great. If not, I wouldn't spring for extra insurance besides perhaps an Otterbox.

IJ Reilly · Nov 26, 2012, 10:08 AM

Quote:

Originally Posted by designs216

My rule of thumb is to never insure a rapidly depreciating asset. The reason insurance of this type is so lucrative is that the seller knows from statistics that they will most likely not have to pay out. So if your homeowners or renters insurance covers your handset, great. If not, I wouldn't spring for extra insurance besides perhaps an Otterbox.

I would add to this wisdom the rule of thumb to not insure items that you can readily afford to repair or replace on your own. Extended consumer product warranties and insurance policies are pushed heavily by manufacturers and retailers because they are very profitable.

Superman041 · Nov 27, 2012, 12:52 PM

thanks for the advice.

I have heard with AppleCare the genius's in the sop are more likely to go further to help you . As in terms of them taking away a product to fix... ?

slu · Dec 2, 2012, 10:16 AM

Quote:

Originally Posted by IJ Reilly

I would add to this wisdom the rule of thumb to not insure items that you can readily afford to repair or replace on your own. Extended consumer product warranties and insurance policies are pushed heavily by manufacturers and retailers because they are very profitable.

All excellent points. Apple Care for a $199 phone is a waste of money.

----------

Quote:

Originally Posted by Superman041

thanks for the advice.

I have heard with AppleCare the genius's in the sop are more likely to go further to help you . As in terms of them taking away a product to fix... ?

Not correct. But it seems like you have already decided to get AppleCare and you are looking for people to talk you into it.

If you want it fine. And you'll find lots of stories on here about how AppleCare "saved" them. You don't hear about the countless number of people who bought AppleCare and never used it once so they wasted money.

Superman041 · Dec 2, 2012, 04:34 PM

Quote:

Originally Posted by slu

All excellent points. Apple Care for a $199 phone is a waste of money.

----------

Not correct. But it seems like you have already decided to get AppleCare and you are looking for people to talk you into it.

If you want it fine. And you'll find lots of stories on here about how AppleCare "saved" them. You don't hear about the countless number of people who bought AppleCare and never used it once so they wasted money.

Wrong , if I decided to but it, why would I create a post about it. The whole point of this thread is to find out whiter AppleCare without the "+" as we don't get that in the UK is worth it.

slu · Dec 3, 2012, 11:45 AM

Quote:

Originally Posted by Superman041

Wrong , if I decided to but it, why would I create a post about it. The whole point of this thread is to find out whiter AppleCare without the "+" as we don't get that in the UK is worth it.

Fair enough. Then that is a subjective question. If you think the "peice of mind" is worth the price, then you should get it. But the likelyhood that something goes wrong with your phone outside of the 1 year warranty period is quite small.

Superman041 · Dec 3, 2012, 11:56 AM

Quote:

Originally Posted by slu

Fair enough. Then that is a subjective question. If you think the "peice of mind" is worth the price, then you should get it. But the likelyhood that something goes wrong with your phone outside of the 1 year warranty period is quite small.

Hope I didn't sound to harsh, I do understand your point. Especially with the one year care Apple provides anyway.

designs216 · Dec 3, 2012, 12:46 PM

Another thing to consider is that many credit card companies automatically double the manufacturer's warranty as a perk to customers.

velocityg4 · Dec 3, 2012, 01:01 PM

I thought in the UK you are covered for 2 or 3 years by law. If that is the case what does Applecare offer that the law doesn't besides phone support?

gnasher729 · Dec 3, 2012, 01:49 PM

Quote:

Originally Posted by velocityg4

I thought in the UK you are covered for 2 or 3 years by law. If that is the case what does Applecare offer that the law doesn't besides phone support?

You have statutory rights. After more than six months, it is up to you to prove that a device was defective when purchased. And if you bought any product for example from Comet, good luck with statutory rights.

Nov 24, 2012, 06:02 PM	#1
Superman041 macrumors regular Join Date: Jul 2011	Apple care + Insurance = ? Is it worth buying Applecare for the iPhone 5 ? I'm in the UK, so we don't get Applecare+ . I'm thinking of getting Applecare and insurance... is that too much ?
	0

Nov 24, 2012, 07:34 PM	#2
phoenixsan macrumors 6502a Join Date: Oct 2012	Well..... a iPhone can be a steep investment. To my knowledge, AppleCare is for problems with the hardware/software, reparations and so on. An insurance would cover loss and another kind of damage, I suppose. So for assurance for the investment, the more you can afford, the better, IMHO __________________ Mac Pro 2010 3.06 Westmere version, 12 Core 64 GB RAM, 4 TB , iPhone 5 (black)
	0

Nov 26, 2012, 02:40 AM	#5
iStudentUK macrumors 65816 Join Date: Mar 2009 Location: London	Do you have contents insurance for your home? With a decent provider? It's often cheap to add items you take out of your home - I'm covered for £2500 total, with £1000 per item and £50 excess. Covers loss, accidental damage and theft. Added about £40 to my annual quote, and obviously covers more than just an iPhone. __________________ UK students may want to read about Apple education discounts and free student warranties here
	0

Dec 3, 2012, 01:01 PM	#15
velocityg4 macrumors 68040 Join Date: Dec 2004 Location: Georgia	I thought in the UK you are covered for 2 or 3 years by law. If that is the case what does Applecare offer that the law doesn't besides phone support? __________________ Quadra 650 040 33MHz 72MB RAM, 2GB HD, 2x CD Macbook C2D 2.0Ghz; 3GB RAM, 500GB HD Home Made i5 4.0Ghz, GeForce 560 Ti, 16GB RAM, 256GB SSD RAID 0, 3TB HD RAID 0 in a G5 Case.
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Nov 25, 2012, 02:29 AM	#3
Acari macrumors newbie Join Date: Nov 2012	Insurance includes a monthly fee, and that lost or stolen claim carries a deductable with it. Here in the US, insurance through a carrier is $10/month for the length of your 2 year contract. $10x24months=$240+$200 deductable=$440 vs $99 for Applecare & the free Find my iPhone feature. It's a no brainer imo.
	0

Nov 26, 2012, 07:49 AM	#7
designs216 macrumors 6502a Join Date: Oct 2009 Location: On the way to M-83	My rule of thumb is to never insure a rapidly depreciating asset. The reason insurance of this type is so lucrative is that the seller knows from statistics that they will most likely not have to pay out. So if your homeowners or renters insurance covers your handset, great. If not, I wouldn't spring for extra insurance besides perhaps an Otterbox.
	1

Nov 27, 2012, 12:52 PM	#9
Superman041 Thread Starter macrumors regular Join Date: Jul 2011	thanks for the advice. I have heard with AppleCare the genius's in the sop are more likely to go further to help you . As in terms of them taking away a product to fix... ?
	0

Dec 3, 2012, 12:46 PM	#14
designs216 macrumors 6502a Join Date: Oct 2009 Location: On the way to M-83	Another thing to consider is that many credit card companies automatically double the manufacturer's warranty as a perk to customers.
	0