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Kevin8316

macrumors newbie
Original poster
Oct 28, 2011
15
0
MD
Is the $6.99 per month insurance worthwhile on a new 32gb 4S?

It does cover water damage but $7 x 24 = a good chunk of money.

I'm really careful with my iPhone but accidents can happen.
 
if your not sure of yourself, then its up to you. i never bought insurance through att.
 
($7 + possible tax) * 24 = ≥ $168
I'd rather try my luck with AppleCare+. I can only imagine how painful the process is through AT&T. Not to mention, you'll get an AT&T refurb, not an Apple refurb.

At least if something doesn't go wrong, you'll only be out $99 on AppleCare+, compared to the $168 on AT&T.
 
I did order it with the phone which I may not get until thanksgiving. I bet I can call and cancel it once I activate it. It has a $199 deductible also.

I need to check into that apple care, thanks.
 
Applecare + does cover water damage and accidental damage. It'll cost $99 to buy and $50 deductible. You get two instances for water damage or accidental damage. Pretty awesome imo.
 
Personally I wouldn't pay $7/mo for insurance on a phone. But I never buy extra insurance on things like TV's, couches, electronics. It's your money though, and some people get sucked into all kinds of "protection plans" and the like...
 
Only AT&T's insurance covers theft or loss when compared with AppleCare + or Square Trade.. I think Verizon offers similar coverage ATT's for $ 9.99/ month. Only you know if it's worth the risk for you. Replacement phone if lost or stolen would cost $749, I believe, while insurance replacement is $199. Do the math and see which works better for you.
 
For loss/theft coverage, look to your homeowners/renters insurance to check the cost of a personal item/electronics rider.
 
For loss/theft coverage, look to your homeowners/renters insurance to check the cost of a personal item/electronics rider.

Yeah but with what deductible? $500?? Which is average considering you have much more expensive things in your home.
 
I called AT&T today and canceled the insurance, I don't have the phone yet. I figured I'll just buy a good case to protect like my old 3G. That thing is over 2 years old and still looks great. And, I can use it as a backup if I ever loose the 4S.
 
Yeah but with what deductible? $500?? Which is average considering you have much more expensive things in your home.

That will vary by your policy and insurance provider, but is typically a different deductible from the rest of the renters/homeowners policy. I wouldn't assume they're the same, but to find out directly from your provider.

AT&T's insurance is a $200 deductible for comparison.
 
Yeah but with what deductible? $500?? Which is average considering you have much more expensive things in your home.

My coverage is 100% with no deductible for renters insurance and cost about $55.00 a year from USAA. Not bad for lose, stolen, spills and drops....
 
im paying for it...better than nothing...you never know when something might happen....u can cancel any time....thats just me tho...

I don't think it's a bad deal for about the first year of the phone. Especially if your into boating and kayaking. My friend dropped her phone off a boat into the bay never to bee seen again and AT&T replaced it without any hassle.

I didn't know u could cancel it at anytime. I thought it was part of the new 2 year contract
 
For loss/theft coverage, look to your homeowners/renters insurance to check the cost of a personal item/electronics rider.

Thanks, I never considered that option. I'll have to actually read through my geico policy for that info.
 
My wife had a phone on AT&T's insurance and the one time we needed it, it wasn't covered and the deductible was higher than the phone. Won't go phone insurance route again, especially with how good AppleCare+ is now. The insurer AT&T used also mailed a replacement phone without getting permission, she had just called to ask. I won't even go into the hassle that was to fix.
 
Att will also blacklist your imei if stolen, but that's only if you have insurance through them.
 
my iphone will conveniently get "stolen" at the end of each cycle then.

Tread carefully if you go that path, AFAIK most policies require a police report. No phone is worth having to write something other than N/A for that job application question: "Have you ever been convicted of a crime?"
 
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