Carrier AT&T Mobile Insurance - Deductible Reduction

Discussion in 'iPhone' started by thatoneguy82, Jul 1, 2014.

  1. thatoneguy82 macrumors 68000

    thatoneguy82

    Joined:
    Jul 23, 2008
    Location:
    Beach Cities, CA
    #1
    So, I got an update in the mail yesterday about my insurance with AT&T (Asurion, I believe) and it seems that they're changing some things beginning 8/1/2014. The monthly charge is still $6.99 and the current deductible for the iPhone is $199 (Tier 3). As of 8/1/2014, if you have 6 months without a claim, the deductible goes down to $149 and if you have 12 months without a claim, it goes down to $99. Same thing applies for the Tier 1&2 phones as well.

    I think that's a pretty good deal. I always thought the $199 was a bit steep, but I did like the peace of mind that it covered me for loss/theft and there's a 2 claim limit every 12 months.


    (As an aside, I also have AC+ - yes, I'm well aware that's a bit much but I like having the peace of mind of loss/theft insurance and the simplicity of AC+.)
     
  2. bearda macrumors 6502

    Joined:
    Dec 2, 2005
    Location:
    Germantown, MD
    #2
    Still seems a lot more expensive than just getting AppleCare.
     
  3. EDH667 macrumors 6502a

    EDH667

    Joined:
    Nov 25, 2009
    Location:
    Northern California
    #3
    I use American Express that doubles the warranty, provides 90 days of theft and damage insurance, and I then bank the monthly charge and deductible and become self insured and I'm way ahead over the years of IOS device purchases.
     
  4. aneftp macrumors 601

    Joined:
    Jul 28, 2007
    #4
    AppleCare doesn't cover lost/theft.
     
  5. VersaceX macrumors newbie

    Joined:
    Jun 24, 2014
    #5
    Wow nice. They should actually pay me for a replacement about now. I've been insured with them for like 5 years. With 0 claims so far. :D
     
  6. 617aircav Suspended

    Joined:
    Jul 2, 2012
    #6
    Does not cover theft beyond the 90 days so its not an apt comparison.
     
  7. EDH667 macrumors 6502a

    EDH667

    Joined:
    Nov 25, 2009
    Location:
    Northern California
    #7
    I wasn't making a comparison. I was showing an insurance alternative. By being self insured, it does cover the theft as I stated. If my iPhone isn't stolen, the money keeps growing in my savings account.
     
  8. thatoneguy82 thread starter macrumors 68000

    thatoneguy82

    Joined:
    Jul 23, 2008
    Location:
    Beach Cities, CA
    #8
    That's what I'm saying! They should have the vanishing deductible that goes all the way down to 0 - I think some car insurance carrier has that. But yeah, a deductible of 0 would be great for like, let's say, 0 claims in 24 months?

    ------

    As far as creating an account or some sort of something wherein you deposit a little every month, would not work for me. I just know myself and I still consider that my money and not as an "insurance" type of money.
     

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