Hmmm... I wonder when the iPhone 14 Plus will ship. I just got a notice from my Amex:
"Effective October 12, 2022... We are adding a Mobile Device Insurance benefit to your card.
If your mobile device is accidentally damaged, you will be reimbursed the lesser of its repair cost or replacement cost, not exceeding the depreciated value... less a 10% deductible, to a maximum of $1000 per insured person."
The depreciation calculation is 2% per month or 24% per year, so that's reasonable.
"Effective October 12, 2022... We are adding a Mobile Device Insurance benefit to your card.
If your mobile device is accidentally damaged, you will be reimbursed the lesser of its repair cost or replacement cost, not exceeding the depreciated value... less a 10% deductible, to a maximum of $1000 per insured person."
The depreciation calculation is 2% per month or 24% per year, so that's reasonable.