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iPhone 6 and 6 Plus Out-Of-Warranty Repairs Cost Up to $299/$329
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I have AT&T Insurance, I accidentally dropped my 4S and completely destroyed the screen. They replaced it, but I believe I still had to pay $200 for the replacement - which kind of pissed me off, because I was like what's the point of insurance if I have to practically "buy" the phone if anything happens
. Then I accidentally dropped in the bathtub but didn't admit to it
and they gave me an iPhone 5 for free (probably because it was the replacement phone). I was kind of scared, because they said if they found water damage, they would automatically send the phone back and charge me $700! I appreciate the unasked for upgrade I really don't like the 5 - it's just the 4S only taller and making me buy all new accessories - grrrrr.... I get tired of buying the same crap over and over again... I mean I already had 3 Juice Paks for my 4s, assorted cases and camera attachments, clocks, cables, etc... None of which work with my 5. Since I just got my 5, I'm not convinced the 6 is worth upgrading to.
That's an odd rationale for purchasing insurance. The only factors to consider are: price and payout (and ability to pay out of pocket if uninsured). Again, $99, plus$79 deductible, is a high cost relative to the payout (max of $329). Doesn't matter that $99 is a small percentage to total carrier fees plus hardware. What matters is what you get in exchange for the $99, which again, is very little.
Makes way more sense for some to save the $99 + $79 deductible and risk having to pay $329. For some, it might be worth it, but my guess is few have done the math to realize that apple care is not a very good value overall in terms of price to payout. The high price of apple care relative to the payout can probably be further explained by adverse selection.
On the other hand, something like car insurance or health insurance could have several hundred thousand or more payout. Even if the odds are stacked against you to turn a profit, car or health insurance is of value due to the inability to pay out of pocket if uninsured.
I have AT&T Insurance, I accidentally dropped my 4S and completely destroyed the screen. They replaced it, but I believe I still had to pay $200 for the replacement - which kind of pissed me off, because I was like what's the point of insurance if I have to practically "buy" the phone if anything happens
Yeah, I believe you actually paid more than Apple would have charged to fix it. Plus you had to pay the $10/month insurance.
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Then I accidentally dropped in the bathtub but didn't admit to it
I'm really shocked that they don't cover water damage. So basically the only purpose behind carrier insurance is theft, since screen breakage costs more than Apple charges anyway. You're highly unlikely to break your phone in any other way than water, especially with a case.
Or don't be scared of every unlikely scenario and save the $99 and self-insure.
You're still paying for the insurance, it's just hidden in the higher-than-US price of the phone.
But you have to look at replacement cost.
The car analogy doesn't really work. I have driven a car without insurance, sort of, because I used to have only 3rd party insurance on my old clunker. So if I got in an accident, only their damage would be paid by my insurance. But you have to have some insurance by law in most places, because you have to factor in personal liability, etc. Paying $200 a month or whatever is nothing compared to the millions of dollars you might have to pay in the case of an accident.
But the iPhone, replacement cost is $299, or less if you just crack a screen, and insurance is $178.
But sure, for some people, that money is basically nothing. or others might be less cautious with their phone, or whatever.
I'm just saying that doing the math, extended warranties (which this is) are never worth it for the consumer. (insurance for big ticket items is a different story).
But just because the math doesn't work out, doesn't mean it mightn't be worth it for you!
It's not slippery, it's just too big for your hand.
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Probably because Apple doesn't want to stock the 5, 5c, 5s panels. So they charge a premium because of keeping a low inventory of those items.
I think that paying the $6.99 per month for AT&T insurance is worth it solely for the loss/stolen coverage it provides, especially if you are using the ATT Next program. If I lost my new iPhone 6 tomorrow, I would still owe ATT $749 for it, AND I would have to buy a whole new phone. I agree that it's not worth it for the screen replacement, but the water-damage replacement is just a nice bonus to me.
Also, a lot of people on here aren't considering the fact that AT&T reduces the deductible for every 6 months you go without a claim. So if you dropped your phone in the pool 12 months from now, you would only have to pay $99 for the replacement.
Also, a lot of people on here aren't considering the fact that AT&T reduces the deductible for every 6 months you go without a claim. So if you dropped your phone in the pool 12 months from now, you would only have to pay $99 for the replacement.
Worth Ave Group is the best deal out there, although it appears it doesn't have iPhone 6 or 6 Plus plans in place yet.
But basically it's $70 a year which includes theft, with only a $50 deductible per each accident/theft incident/etc. That's significantly lower then AppleCare+ (which does not include theft) or carrier insurance ripoffs (with their monthly charges plus insane $200 deductibles).
Its definitely going to be my plan of choice for my 6 Plus once its available.
But basically it's $70 a year which includes theft, with only a $50 deductible per each accident/theft incident/etc. That's significantly lower then AppleCare+ (which does not include theft) or carrier insurance ripoffs (with their monthly charges plus insane $200 deductibles).
Its definitely going to be my plan of choice for my 6 Plus once its available.
OK. Add in $40 for the cheap TPU cases I bought on eBay. I'm still hundreds of dollars ahead of the game. And even if I spent $30, 40, for $50 per case, it's less than AppleCare so I don't see your point. Extended warranties and damage protection are rarely ever a good deal except for the company offering them. It's why they push so hard to sell them at the end of each transaction. Free money for the store.
I've sold all of my iPhones at the 2 year mark for well more than what I paid for them, so I don't cede that point either.
Yes ST is simply the best. Unless you need loss or theft protection, ST is the way to go.
This only works when you buy the whole phone on AmEx, right? I don't think contract or NEXT like programs work like this.
It does work with contract but they'll cover you up to the subsidized purchase price. No really a problem because the OOW replacement price is around the average subsidized price.
E.g., you buy the 32 GB iPhone 6 on contract for $299 plus tax and they'll reimburse you that price. You use that to cover the out of warranty replacement price of $299 plus tax for iPhone 6.
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Never heard of them before. Anybody have an experience with them they'd like to share? They are advertising iPhone 6 plans on their web page right now.
Wow, didn't notice they were already up! Well I've had a great experience with them so far, but admit Ive never filed a claim. I did EXTENSIVE research though and everyone's experiences seem positive as long as your claims are within their terms (like any insurance, not just this one). For instance, one unhappy person was because their phone was stolen out of their unlocked car which is not covered. Despite that specifically it states in the insurance terms that your car must be LOCKED and broken into to be covered. otherwise who is to say if you simply lost your phone somewhere (lost phones are not covered... You must file a police report with your claim if your phone is stolen with details).
While many carrier plan insurances also cover lost phones as well, the $200 deductible and monthly surcharge makes these plans somewhat useless in my eyes especially with a replacement phone from apple only costing $329. therefore only $70 for a year of accidental damage & theft protection knowing it will only be $50 to replace my $1000 phone is incredibly awesome piece of mind and well worth it.
This plan especially makes sense if you upgrade every year to the newest iPhone. Although you can renew Worth Ave's plans and extend your coverage more then a year, I never have any iPhone more then a year since I always sell my old one and upgrade to the newest iPhone for nearly the same price as I sold my old one.
Well...my wife just dropped her new iphone 6 on the pavers in our back yard and the screen shatrered. So yeah.
We had just signed her up for att's insurance, but thats$199 for full replacement. I think we're just going to pay the $110 or so and have Apple fix it.
We had just signed her up for att's insurance, but thats$199 for full replacement. I think we're just going to pay the $110 or so and have Apple fix it.
I wish Apple and/or Square Trade had $49 one-year plans for those folks who will be trading/selling their phones after one year.
I guess folks selling after one year may sell their phone + insurance for a slightly higher price, but those on AT&T Next/Verizon EDGE 12 month upgrades plans will just be handing their phones back to the carrier.
I know you can cancel AppleCare+ and they'll give you a pro-rated refund, but IIRC they have a $25 administrative fee, which almost halves the refund value.
I guess folks selling after one year may sell their phone + insurance for a slightly higher price, but those on AT&T Next/Verizon EDGE 12 month upgrades plans will just be handing their phones back to the carrier.
I know you can cancel AppleCare+ and they'll give you a pro-rated refund, but IIRC they have a $25 administrative fee, which almost halves the refund value.
SquareTrade also has a prorated refund, and I don't see any mention of an administrative fee.
http://squaretrade.force.com/suppor...ncel-my-care-plan-what-will-i-get-as-a-refund
Squaretrade also offers a $5/mo plan, instead of $99 paid up front.
If you bought it with a credit card that offers accidental damage coverage (usually 90-day), take advantage of it.
I gotta admit I think Ive been lucky. Ive been through, (including purchases for family), 1 off 3G, 2 off 3GS, 2 off iP4, 1 off 5S, 2 off 5C, 1 off riPad Mini, 2006 Mac Pro, Mac you get the idea.
Never once bought Apple Care or any other insurance. My only failure was a noisy inverter on the PSU brick for my 30 Cinema HD. It was out of warranty and initially they said no but I let them know that the sale of goods act means it must last a reasonable time and that they could take it away and examine it if they wanted, (this is what most shops bet you wont be able to do as you need something to use in the meantime), but that I expected more from a £1500 monitor and that a replacement was what I demanded and that I would put my complaint in writing while they take it away for repair.
They capitulated.
It helped that I had printed out the Sale of Goods act and took it with me to the store.
Not sure how much I saved in insurance fees over the years but pretty sure Im doing somewhat better than revenue neutral. YMMV.
If people are that clumsy to drop a phone and break a screen then they should be shot - literally. These people should not have such expensive phones as they simply cannot be trusted with such expensive phones and obviously cannot look after th iPhone, Ive never broken a screen on my phone ever and I've had every iPhone since the 3GS. These people have issues. Should be called ClumsyCare.