Replacement Cost of an iPhone

Thursday, September 9, 2010
posted by hemant

Many iPhone users do not understand how expensive an iPhone really is until they have to purchase a new one.  Most iPhone owners purchased their iPhone at a reduced price because they signed a contract for mobile phone service.  If you are looking to save money on the replacement cost of a new iPhone, then you need to purchase iPhone insurance.

Insuring your mobile phone is a smart move because it will cover you against some of the most common damages.  These damages include:

  • Liquid damage
  • Accidental damage
  • Fraudulent calls
  • Theft
  • Extended warranty claims

In order to get this type of cover, you will be required to submit affordable monthly insurance premiums to the insurance company.  If you ever experience a covered event, the insurance company would only require you to remit the excess fee.  If you combine the monthly premium and the excess fee, you will find that it is cheaper to have iPhone insurance then it is to purchase a new iPhone!



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