AT&T has announced a change in policy, and is going to start offering insurance on all Apple iPhone models. This will cost $5 a month, and will replace units that have been accidentally broken or have other problems.
This carrier offers insurance for other handsets, but not the iPhone. Instead, it has allowed an outside company, Asurion, to provide it — at rates and deductibles higher than AT&T’s own. In addition, another option is the AppleCare Protection Plan from Apple themselves.
Details of the AT&T Insurance Plan
Starting July 17, those who buy any new Apple smartphone, or who have purchased one within 30 days of that date, will be eligible for coverage with the AT&T Mobile Insurance program. This covers lost, stolen, accidental damage and mechanical or electrical failure after the manufacturer’s warranty period has expired.
The plan is going to cost $4.99 a month, and there will be a $50 or $125 deductible for each approved claim, depending on the device model. Only two claims are allowed within any consecutive 12 month period. AT&T says that replacements will be received the next business day (in most cases anyway), and may be a new or refurbished unit.
To prevent unscrupulous people from waiting to buy insurance until after they have broken their phone, AT&T will only allow customers to enroll within 30 days of a new device activation or upgrade.