So, I'd love some clarification on this. Will they reimburse me for a full unsubsidized iphone? The website does say:
"For reimbursements, we will pay you the replacement cost of your iPhone with a new 2-year contract from your carrier, up to a maximum of $599. If accidental damage was the cause of the failure, we will subtract a $50 deductible from the payout."
So, if I drop my 32gb iPhone 4 and it shatters, I'll be out the original 80 bucks, plus a 50 dollar deductible, but they'd give me $599 towards the replacement iPhone? Which leaves me out another 100 bucks. Am I seeing this correctly?
And if I'm clear, loss is not covered by this, only accidents.