Sprint to Launch Total Equipment Protection Plan for iPhone on January 25

[ritmomundo]

Say you lose your phone, get a replacement, and then a few weeks later, find your old phone. Would it still be functional, or would it be blacklisted by the carrier?

 

[ConCat]

Does Comcast offer an insurance plan for your TV if it gets stolen or lost?

Don't think so, no.

 

[TheMacBookPro]

Don't think so, no.

And nor does Comcast sell/subsidize televisions when you sign up for a plan with them. That's why the Comcast analogy doesn't work- they only sell the service, while Sprint sells both the service and the phone.

 

[SporkLover]

Say you lose your phone, get a replacement, and then a few weeks later, find your old phone. Would it still be functional, or would it be blacklisted by the carrier?

On a CDMA carrier, yes. You're also required to send the phone to the company if you find it, or is recovered after theft.

I used to be a consistent phone insurance buyer..... Then I just started setting that money aside to pay for repairs or replacement in case I needed it.... Amazing how much money you can save.

 

[foodog]

Or, for the $430 that plan would cost me with one replacement, I'll just go buy a new phone. Unless I plan on loosing a phone EVERY YEAR, it is a significant loss of money. BAD INVESTMENT.

Anyone here with any sort of decent financial background (or has any reference for what is or isn't financially viable) will tell you up and down that carrier plans are a *waste of money*

Never made any claim to its financial sense, just answer the question.

 

[deathcab]

Seems like you can just call in, pay the deductible and get a replacement phone sent to you. Someone who has actually used the service would be able to tell you more though.

Generally, most carriers will require you to submit to them a police report documenting the theft or lost item. This prevents customers (especially on GSM networks where it is harder to blacklist phones) from simply claiming they are lost / stolen, and getting a replacement at the deductible cost. The element of a police report adds some risk to the would be scammers (though if felony insurance fraud isn't enough to scare them, I doubt misdemeanor false reporting will).

As far as the lost / stolen phone, the MEID will be blacklisted with Sprint and cannot be activated, even if it is later found and returned.