iPhone Insurance Fraud

Discussion in 'iPhone' started by Stella, Feb 17, 2010.

  1. Stella macrumors G3

    Stella

    Joined:
    Apr 21, 2003
    Location:
    Canada
    #1
  2. MacDawg macrumors Core

    MacDawg

    Joined:
    Mar 20, 2004
    Location:
    "Between the Hedges"
  3. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #3
    Not shocked and what sucks worse is that soon the iPhone will be 100% uninsurable thanks to these tools.
     
  4. Ab10la macrumors newbie

    Joined:
    Feb 12, 2010
    #4
    It is fraud. However I have been defrauded by the insurance companies in the past and have no love for them. Carry on fellas.
     
  5. Resist macrumors 68030

    Joined:
    Jan 15, 2008
    #5
    One of two things with happen if this trend continues, rates will increase or coverage for cell phones will cease.
     
  6. yg17 macrumors G5

    yg17

    Joined:
    Aug 1, 2004
    Location:
    St. Louis, MO
    #6
    Two wrongs don't make a right.
     
  7. sravana macrumors regular

    Joined:
    Sep 14, 2008
    Location:
    Texas
    #7
    Or they will cease to cover phones that mysteriously "die" within X months of the new one coming out.

    Oh, and Ab10la? You are a criminal.
     
  8. Small White Car macrumors G4

    Small White Car

    Joined:
    Aug 29, 2006
    Location:
    Washington DC
    #8
    So what happened when you tried to sue the companies that defrauded you?
     
  9. jav6454 macrumors P6

    jav6454

    Joined:
    Nov 14, 2007
    Location:
    1 Geostationary Tower Plaza
    #9
    Good luck getting sued or loosing your coverage.
     
  10. rwd hero macrumors 6502

    Joined:
    Aug 6, 2008
    Location:
    Baltimore, Maryland
    #10
    I honestly dont see any insurance company suing anyone just because a phone under their policy breaks after a new model comes out, lets be logical about this.
     
  11. jmann macrumors 604

    jmann

    Joined:
    Dec 8, 2007
    Location:
    bump on a log in a hole in the bottom of the sea
    #11
    People will be greedy. I'm totally not surprised at all.
     
  12. nehunte macrumors 6502

    nehunte

    Joined:
    Apr 30, 2009
    #12
    Sorry guys, this is part of the risk of being an insurance company and insuring things. You could put measures into place to try to prevent this somewhat. But in the end, you're insuring products and sometimes you have to deal with people who are "less than ethical" when it comes to their products that are insured.
     
  13. kernkraft macrumors 68020

    kernkraft

    Joined:
    Jun 25, 2009
    #13
    These people, who commit the fraud (or criminal damage?) might tell me which insurance company they use. I never found any phone insurance worth their cost. And who would risk their home insurance premium go up?
     
  14. Rodimus Prime macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #14
    They cover that risk by raising the price for the insurance for everyone. I also see them changing the policy for the iPhone to be instead of giving you money they replace it with a refurbished one of the same model. That will kill people incentive to "break/Loss" their iPhone because they will not be able to get an upgrade.
     
  15. Ish macrumors 68020

    Ish

    Joined:
    Nov 30, 2004
    Location:
    UK
    #15
    When you have home or vehicle insurance the rate goes up if you keep making claims as you're perceived to be a greater risk. The same should apply to phone insurance.
     
  16. sushi Moderator emeritus

    sushi

    Joined:
    Jul 19, 2002
    Location:
    キャンプスワ&#
    #16
    Sad to see.

    Good idea.
     
  17. Hudzilla macrumors 6502a

    Hudzilla

    Joined:
    Nov 12, 2007
    Location:
    England
    #17
    +1

    Also, did anyone notice the picture below the piece is labelled 'iPhone', but is clearly from the iPad keynote?
     
  18. pauliphone macrumors regular

    Joined:
    Nov 27, 2008
    Location:
    London, UK
    #18
    My iPhone actually did get stolen about 2 months after the 3GS came out. o2 who my insurance is with replaced with the 3G 16Gb which I had before, obviously using surplus stock.
     
  19. mgamber macrumors 6502a

    mgamber

    Joined:
    Jun 12, 2008
    Location:
    1966
    #19
    I think this is basically what SquareTrade has done. When my phone fell in the hot tub a few weeks ago, I filed a claim with ST and they told me to take it to the Apple store, pay the $200 for an OOW replacement, send them the receipt and they'd pay that minus the deductable. The phone was a 3GS but had it been an old 3G or something, I wasn't going to be walking out of the store with a brand spanking new 3GS. Pretty ingenious, really. I'm happy because I had a real claim and got a replacement and those trying to commit fraud get what they had to start with.

    I wonder if this is why the iPhone is the ONLY phone AT&T won't insure at all? Well, that and the fact that if you try using it on a humid day it gets water damage.
     
  20. nehunte macrumors 6502

    nehunte

    Joined:
    Apr 30, 2009
    #20
    Seems like a fairly solid system. How long before you got your refund check back?
     
  21. instaxgirl macrumors 65816

    instaxgirl

    Joined:
    Mar 11, 2009
    Location:
    Edinburgh, UK
    #21
    I can't help smiling at the image of someone staring at Apple's home page and their eye beginning to twitch, then their gaze alighting upon a hammer . . .
     
  22. Wicked1 macrumors 68040

    Wicked1

    Joined:
    Apr 13, 2009
    Location:
    New Jersey
    #22
    However it may be true, and Insurance Company Claiming Fraud how Preposterous.

    Boy if I had a nickel for everytime I was defrauded by an Insurance company I would be Rich.

    At 17 I had to pay for Car Rental insurance on my policy roughly $200 and so when someone hit my car, I asked for a rental, but their little fine print stated you must be 25 in order to rent a car, so I asked them to cancel it and they told me it was mandatory on my policy...so my mother rented the car and I had to use my mothers, but what crooks
     
  23. jemeinc macrumors 6502a

    Joined:
    Feb 14, 2004
    Location:
    South Jersey
    #23
    HUH? Why because he/she said that in their opinion insurance companies brought this on themselves and he/she didn't feel bad for them? What's criminal about that? I'll tell you what- NOT A DARN THING!!! Ab10la didn't say they were gonna try it- just that they couldn't find it in themselves to feel sorry for the insurance companies... Sorry, but I'm not feeling bad for the insurance companies either- nor am I a criminal for it..
     
  24. mgamber macrumors 6502a

    mgamber

    Joined:
    Jun 12, 2008
    Location:
    1966
    #24
    It showed up in paypal a couple days after I sent the receipt.
     
  25. Mischka07 macrumors regular

    Joined:
    Sep 28, 2009
    #25
    Don't know where you lived at the time, but I've never seen a policy with mandatory rental coverage; especially one that costs $200. Not calling you a liar, but there're a lot of factors that come into play.

    As a rule, it's not in the best interest for insurance companies to lie to you, they have much more to lose than you. On the other hand, it's usually because policyholders are not educated on the coverages they have.
     

Share This Page