Insurance Question

Discussion in 'iPhone' started by glide, Jun 22, 2007.

  1. glide macrumors regular

    Joined:
    Jun 15, 2007
    #1
    For those planning on adding the iPhone to your homeowners insurance...what type of deductible do you have?

    I would imagine most are in the $500-1000 range, so does it really make sense to insure a $500-600 device this way?

    I would think most would be looking for a $100 replacement cost at most. Given that; this does not seem like a viable way to insure the iPhone. Thoughts?
     
  2. /dev/toaster macrumors 68020

    /dev/toaster

    Joined:
    Feb 23, 2006
    Location:
    San Francisco, CA
    #2
    It wouldn't be worth it to claim against homeowners. You will end up paying for it 5 times over with your increased premiums. Obviously, if you had a 0 deducible.
     
  3. Doctor Q Administrator

    Doctor Q

    Staff Member

    Joined:
    Sep 19, 2002
    Location:
    Los Angeles
    #3
    It doesn't sound worthwhile unless you have a very low deductible (which, of course, raises the price) or you have accessories, more costly than earphones and a case, that would add greatly to the value of what you carry around.
     
  4. MadDog31 macrumors 6502a

    Joined:
    May 20, 2007
    #4
    I'm looking at getting State Farm for renter's insurance, and they have a thing where you can get a rider where you can protect mobile electronics such as cell phones, laptops, cameras, etc. I plan on getting that for my laptop, Nikon D80, and put the iPhone on there. No deductable and covers accidents, theft, etc etc etc.

    This was covered either on here or in a thread at everythingiPhone.com
     

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