or Connect
AppleInsider › Forums › Mobile › iPhone › iPhone Insurance
New Posts  All Forums:Forum Nav:

iPhone Insurance  

post #1 of 55
Thread Starter 
For all of you that are sad about AT&T not offering insurance for the iPhone - there is some hope.

I just got off the phone with State Farm and my iPhone is now officially insured.

$30.00/year ($2.50/month).
No deductible.
Covers everything.

I think it's a great deal. It's called a "personal articles policy," which won't cover small electronics such as iPods, but will cover cell phones which cost over $400.

I don't know if you have to be an existing State Farm customer to get this, but it's worth looking into if you've got the about not having insurance.
post #2 of 55
Quote:
Originally Posted by -dF View Post

For all of you that are sad about AT&T not offering insurance for the iPhone - there is some hope.

I just got off the phone with State Farm and my iPhone is now officially insured.

$30.00/year ($2.50/month).
No deductible.
Covers everything.

I think it's a great deal. It's called a "personal articles policy," which won't cover small electronics such as iPods, but will cover cell phones which cost over $400.

I don't know if you have to be an existing State Farm customer to get this, but it's worth looking into if you've got the about not having insurance.

Definitly keep us posted if you do in fact get this insurance. I'm very interested in this.
post #3 of 55
Thread Starter 
I did get it. I have it. It's insured.
post #4 of 55
Awesome! That's the best $30.00 I'm about to spend.
onlooker
Registered User

Join Date: Dec 2001
Location: parts unknown




http://www.apple.com/feedback/macpro.html
onlooker
Registered User

Join Date: Dec 2001
Location: parts unknown




http://www.apple.com/feedback/macpro.html
post #5 of 55
What else does it cover, this 'personal articles policy'? More specifically, laptops, PDAs, other expensive electronics. And when you say 'everything' do you mean like if I drop my MBP down a flight of stairs, or it gets lost/stolen, it would be covered? I think I could cough up $30 a year for a deal like that.
Serving humanity one sarcastic comment at a time.
Serving humanity one sarcastic comment at a time.
post #6 of 55
Thread Starter 
bobmarksdale,

I'm pretty sure it just covers cell phones - they said it doesn't cover MP3 players or PDAs, so I had to convince them it was primarily a cell phone. I don't think this would cover a laptop either - my MBP is covered by my renters insurance so I wasn't that interesed in that. I'd contact State Farm for more info on insuring your MBP.

When I say "everything" I mean just that. I specifically asked what this policy doesn't cover and my agent said it's an all inclusive policy - I could start juggling with it on rooftops and if it fell over the edge it'd be replaced (with no deductible).
post #7 of 55
Considering I'm an Insurance Agent (not with State Farm) I was surprised I hadn't already thought about getting a Personal Articles Policy on my new iPhone. Thanks for the reminder.

I'm a commercial insurance producer but if I remember correctly a Personal Articles Policy is a policy for a specific item, not a blanket policy for multiple items of the same type. Example being a $20,000 ring, not $50,000 in rings.

Thanks again df
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
post #8 of 55
What did you give State Farm as proof of it's retail value? You must have purchased the 16G, state farm will not insure without retail value proof which I have not been able to get, plus if you purchased the 8g I believe it's retail is only 399. retail value and it must be at least 400.00.
Please let me know what you gave them as proof of it's worth cuze I'm having the darndest time. Thanks.
Quote:
Originally Posted by -dF View Post

For all of you that are sad about AT&T not offering insurance for the iPhone - there is some hope.

I just got off the phone with State Farm and my iPhone is now officially insured.

$30.00/year ($2.50/month).
No deductible.
Covers everything.

I think it's a great deal. It's called a "personal articles policy," which won't cover small electronics such as iPods, but will cover cell phones which cost over $400.

I don't know if you have to be an existing State Farm customer to get this, but it's worth looking into if you've got the about not having insurance.
post #9 of 55
Quote:
Originally Posted by purplepalmtree View Post

What did you give State Farm as proof of it's retail value? You must have purchased the 16G, state farm will not insure without retail value proof which I have not been able to get, plus if you purchased the 8g I believe it's retail is only 399. retail value and it must be at least 400.00.
Please let me know what you gave them as proof of it's worth cuze I'm having the darndest time. Thanks.

All I had to do was take in my receipt that showed what I bought, they made a copy and I paid the premium. It had everything they needed, even the serial number on it. But I paid $499 for mine because it was 1 month after the original launch date.

Good luck.
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
post #10 of 55
Between AppleCare, Home or Renters insurance, and any CC insurance you might have what extra protection would this provide?
"Education is what remains after one has forgotten what one has learned in school." -- Albert Einstein
"Education is what remains after one has forgotten what one has learned in school." -- Albert Einstein
post #11 of 55
Quote:
Originally Posted by Dogcow View Post

Between AppleCare, Home or Renters insurance, and any CC insurance you might have what extra protection would this provide?

Applecare is for factory defects and tech support, Home/Renters Insurance cover a blanket of items with strict peril reasons and usually the deductibles are higher than the cost of an iPhone, and CC insurance normally does not cover wear & tear or defects, but rather saves you from buying a lemon or from a company with bad return policies.

Personal Articles Policies cover specific items for virtually an loss reason, and normally carry no, or very minimal deductibles.
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
post #12 of 55
Rewarding Return (www.RewardingReturn.com) protects you against your iPhone being lost. They even pay to have it returned to you.

I've lost mine TWICE already b/c I'm a bit of an ass, but they shipped it back to me within days of someone reporting it found. They use labels with ID #'s to know it's yours. Plus you can offer a reward to the finder which gives them incentive to get it back to you.

They've saved my sanity twice already, and they probably will again.

Check it out - it's worth it
post #13 of 55
Quote:
Originally Posted by axelbos3323 View Post

Rewarding Return (www.RewardingReturn.com) protects you against your iPhone being lost. They even pay to have it returned to you.

I've lost mine TWICE already b/c I'm a bit of an ass, but they shipped it back to me within days of someone reporting it found. They use labels with ID #'s to know it's yours. Plus you can offer a reward to the finder which gives them incentive to get it back to you.

They've saved my sanity twice already, and they probably will again.

Check it out - it's worth it

PS - this site is ridic. I now have weeks worth of reading to do to keep me "busy" at work

post #14 of 55
Hi. I just tried this, and apparently State Farm is not longer insuring iPhones. Ironically, this may have been triggered by the price drop.

Part of the personal effects criterion was that the electronic device cost more than $400. That could have explained why, for a time, they would cover iPhones, but not iPods.

Mind you, the reasoning above for their deciding to not insure them anymore is purely my speculation, but the fact that they no longer do it is not speculation.

Sadly, Wireless Safeguard no longers insures iPhones either.

It seems that only leaves SquareTrade.

I noticed that SquareTrade still thinks that iPhones cost $499. I wonder if they'll stop insuring them once they figure out they cost less now, too.
post #15 of 55
Ha! I'm replying to my own reply.

I just got my iPhone insured by my own home owners insurance agent via Travelers insurance for $15 / year.

Woot!
post #16 of 55
I registered here just to add in on this thread. (Sorry to gravedig old threads!)

I just got off the phone with State Farm, and they still offer the insurance on phones. I asked about the fact that the iPhone was only $399.99, and they said that since sales tax puts it over $400, and since I'd have to pay sales tax again on a replacement, then an iPhone can be included.

The details were $6.50 for every $100 insured, with a $30 minimum, for the entire year. This is probably better than any insurance plan I've ever had on a cell phone. My thanks to the original poster!
post #17 of 55
FYI - I have my new MacBook insured with State Farm. I think that it was $30/yr and covers accidental breakage, spillage, theft, etc.
Check with your homeowner's insurance agent for details.
Bring back The Screen Savers!
Bring back The Screen Savers!
post #18 of 55
beware of filing small claims. you'll pay a deductible and your rates will probably go up for three to five years. you will have a claim on your loss records that could cost you more than ten times the cost of the item. especially if it's a item that the price will change drasticly with the next model. filing big claims is what insurance is for. small claims, you hurt yourself. the industry calls them "frivolous". in the end it's up to you. but ask your agent about the full effect prior to the claim.
post #19 of 55
I was just at the AT&T store today to purchase a iPhone but when he told me there was no insurance available for it I was a little Leary to purchase it. Cell phones are waaay to easy to drop, well at least for me

I think I found a good source for iPhone insurance without having to use home owners insurance, etc. Squaretrade.com offers iPhone insurance starting at $3.96 a month, Well its 95.00 for 2 years which comes out to $3.96. These are the same guys that have been offering product protection insurance on eBay for years so they appear legit.

Seems like a pretty good deal and it covers drops, spills, etc.

http://www.squaretrade.com/pages/iph...war_adword_024

The above URL says its a limited time offer and that the insurance must be purchased new in box in the last 30 days so for those of you that have had the iPhone for a while, This isn't the deal for you.

Regards,
Ralph
post #20 of 55
Quote:
Originally Posted by htimsabbub23 View Post

I can now Insure your iphone for $70.00 a year or 120.00 for two years with a $50.00 deductable.

unconditional insurance as long as the following is true

The phone has to be purchased within the last 60 days of contacting me and from a retail store that has a receipt of the purchase.

brad2323@gmail.com or 262-707-2822 Please only email or text me...NO PHONE CALLS

That's nothing, I'll insure your iPhone for 20 bucks a year!
post #21 of 55
Quote:
Originally Posted by michaelstr View Post

Ha! I'm replying to my own reply.

I just got my iPhone insured by my own home owners insurance agent via Travelers insurance for $15 / year.

Woot!

Really? I have Traverlers home insurance, but the agent told me they couldn't insure the iphone or if I claimed as part of the personal property I would have to pay the $500 deductable first.. Is there a specific name for that Iphone insurance you got?
post #22 of 55
Quote:
Originally Posted by -dF View Post

For all of you that are sad about AT&T not offering insurance for the iPhone - there is some hope.

I just got off the phone with State Farm and my iPhone is now officially insured.

$30.00/year ($2.50/month).
No deductible.
Covers everything.

I think it's a great deal. It's called a "personal articles policy," which won't cover small electronics such as iPods, but will cover cell phones which cost over $400.

I don't know if you have to be an existing State Farm customer to get this, but it's worth looking into if you've got the about not having insurance.

You better double check what you paid for.. A personal article floater will cover items without a deductible but you really need to read the policy to see for what perils... Don't just take your agents word for it. For example it will not cover water damage, or product faliure, or scratches, etc... Also it will not cover the cost of the service contract or loss thereof in the event of a covered claim on the phone.
post #23 of 55
The only case where State Farm will now cover your Iphone on a Personal Articles Policy is if you have previously had an IPhone insured. I work for State Farm, I called to check if I could insure my own. Cellphones are not covered on a Personal Articles Policy unless you have previously had your phone insured under the policy several years ago.
post #24 of 55
The iPhone hasn't been insurable on this type of State Farm Policy since the price dropped a couple months after it came out. It was well below the threshold of the minimum value they allow.

Quote:
Originally Posted by Twoofakind314 View Post

The only case where State Farm will now cover your Iphone on a Personal Articles Policy is if you have previously had an IPhone insured. I work for State Farm, I called to check if I could insure my own. Cellphones are not covered on a Personal Articles Policy unless you have previously had your phone insured under the policy several years ago.
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
Don't click here, addictions may follow!

16GB iPhone 4 - Black
16GB iPad
2ghz Intel Macbook
1.6Ghz Intel Mini
post #25 of 55
Thanx for the information.

i just got insurance for iphone from state farm.

It covers everything (broken & stolen) exclude battery with no deductible.

once again thank you for information.

Quote:
Originally Posted by -dF View Post

For all of you that are sad about AT&T not offering insurance for the iPhone - there is some hope.

I just got off the phone with State Farm and my iPhone is now officially insured.

$30.00/year ($2.50/month).
No deductible.
Covers everything.

I think it's a great deal. It's called a "personal articles policy," which won't cover small electronics such as iPods, but will cover cell phones which cost over $400.

I don't know if you have to be an existing State Farm customer to get this, but it's worth looking into if you've got the about not having insurance.
post #26 of 55
Just bought insurance from State farm, exactly as you described.

$30 a year
No Deductible

The place i called was awesome too!! Keith Atkins 425-334-9454

Thanks for the info
post #27 of 55
I just got full insurance for 2 iPhones from my local insurance provider (who also provides my home insurance too). It was ~25 bucks each per year for FULL coverage, including theft, damage etc. All I needed to provide was my receipts and my serial numbers. I just need to remember to tell my agent every time I get a new one (i.e. in June 2009 when the 3rd gen is released etc)
A friend will help you move, but a REAL FRIEND will help you move a body.
A friend will help you move, but a REAL FRIEND will help you move a body.
post #28 of 55
I purchased insurance through State Farm for my phone and made a claim when it was knocked off a table. They paid the claim, but are now deciding to not renew my insurance. They stated because the premium was too low compared to the pay out and I don't have another policy with them. Just a warning...THEY WILL REFUSE TO RENEW YOUR POLICY IF YOU MAKE A CLAIM AND ONLY HAVE A PERSONAL ARTICLES POLICY WITH THEM!!!!!!!!!!!!
post #29 of 55
Quote:
Originally Posted by bobmarksdale View Post

What else does it cover, this 'personal articles policy'? More specifically, laptops, PDAs, other expensive electronics. And when you say 'everything' do you mean like if I drop my MBP down a flight of stairs, or it gets lost/stolen, it would be covered? I think I could cough up $30 a year for a deal like that.

I dont think a policy like this would cover a lost phone. If stolen you would need to file a police report. While this policy could cover your phone for theft or damage by another, it could be weeks before you get your check ad chances are you will only get a check for a fraction of what it would take to buy a new iphone sance upgrade discount.
post #30 of 55
Called state farm and they no longer insure iPhones. The new pricing plan puts the phone value at $499 and they do not cover anything under $500.

This went into effect last week according to the office.
post #31 of 55
I believe I have read all the posts on the subject and have personally called my state farm agent. She stated that it may vary by state and location. For orange county california, it is over 500,00. Mind you, this is after taxes are put in.

BUT HERE IS MY PROBLEM:

1) You have to have a receipt showing the phone price is over 500.00. Even if this price was 400.00, that is still the receipt price.

2) Most people who are buying are doing an upgrade. Whether it is an early upgrade or full upgrade, most people are not buying the iphone at full price and therein lies the rub.

3) State farm does not insure as a replacement, they insure the value of the phone. Therefore if you show them a receipt for 199.99 / 299.99 for full upgrade price or 399.99 / 499.99 for early upgrade price and your phone breaks, gets lost, etc..... state farm will not replace the phone for you unless it is at NO MORE than the receipt price. In most instances, that would not be the case as you would have to pay full price for the replacement phone.

4) Therefore, I see the insurance as more of a price BUFFER as opposed to actual replacement insurance.

I would appreciate any feedback on these thoughts as I was thinking of doing the same thing prior to finding out how the insurance works and feel that it is not a good deal if it does not REPLACE the broken, lost phone.

abirozy
post #32 of 55
does anyone know if this is a legit site or not? insure your phone dot com . with that state farm thing, can you get your phone insured if you only paid 199 after a 2 year sign up or what? cuz my reciept only shows 212.00 with tax. its a 3GS that retails for $600.00.
post #33 of 55
I would recommend that you are very careful when using your homeowner’s insurance policy. They are adding the iPhone on as a “Personal Articles Policy” aka “Personal Articles Floater”. This was originally designed to cover high value items such as jewelry, collectibles, fine art, etc. Over time, it has evolved to include high end technology and computer equipment.

Yes it is cheap. And yes, it may cover incidents which the standard homeowner’s policy will not cover, but you need to be aware of the downside. If you were to have a claim, expect to have your premium and/or deductible increased immediately or at the renewal period. Also, claims like these are seen as frivolous when compared to what homeowner’s insurance is designed to do, cover major incidents. Though small, it will be considered what is referred to as a “major incident”. (Due to the high replacement value of the iPhone) If you were to have 2 or 3 incidents small or large, do not be surprised when you receive a non-renewal notice from your provider.

This is just one of the reasons to think twice before running to your homeowner’s agent! I think retaining insurance on your home is much more important than protecting a phone. Just my two cents. =]

-Q
post #34 of 55
Here are the best deals I've found for insuring your iphone 3gs. Square Trade will insure you for two years from $77-$115 for two years with a $50 deductible, however, this does not include loss or theft. If you want to be covered for loss and theft, then try Safeware. Their deductible is $100 but they cover everything. Go to their website for a quote. My quote was $113/year for 3gs 32GB
post #35 of 55
Obviously this depends on where you are or WHO you talk to. My State Farm agent will insure my phone if it is worth $400 or more, and WILL cover water damage, spillage, accidental damage, theft, etc with no deductible for $2.75 a month. I'm not sure about loss...but they asked me how much and said to make sure I tell them what i will cost to replace it. So yes, even though they are $199 now it will be over $400 to REPLACE it. No receipt needed from me. Just a replacement value.

Quote:
Originally Posted by abirozy View Post

I believe I have read all the posts on the subject and have personally called my state farm agent. She stated that it may vary by state and location. For orange county california, it is over 500,00. Mind you, this is after taxes are put in.

BUT HERE IS MY PROBLEM:

1) You have to have a receipt showing the phone price is over 500.00. Even if this price was 400.00, that is still the receipt price.

2) Most people who are buying are doing an upgrade. Whether it is an early upgrade or full upgrade, most people are not buying the iphone at full price and therein lies the rub.

3) State farm does not insure as a replacement, they insure the value of the phone. Therefore if you show them a receipt for 199.99 / 299.99 for full upgrade price or 399.99 / 499.99 for early upgrade price and your phone breaks, gets lost, etc..... state farm will not replace the phone for you unless it is at NO MORE than the receipt price. In most instances, that would not be the case as you would have to pay full price for the replacement phone.

4) Therefore, I see the insurance as more of a price BUFFER as opposed to actual replacement insurance.

I would appreciate any feedback on these thoughts as I was thinking of doing the same thing prior to finding out how the insurance works and feel that it is not a good deal if it does not REPLACE the broken, lost phone.

abirozy
post #36 of 55
Quote:
Originally Posted by -dF View Post

For all of you that are sad about AT&T not offering insurance for the iPhone - there is some hope.

I just got off the phone with State Farm and my iPhone is now officially insured.

$30.00/year ($2.50/month).
No deductible.
Covers everything.

I think it's a great deal. It's called a "personal articles policy," which won't cover small electronics such as iPods, but will cover cell phones which cost over $400.

I don't know if you have to be an existing State Farm customer to get this, but it's worth looking into if you've got the about not having insurance.

Thanks for posting this. Quite useful.
post #37 of 55
Have you ever heard of "CompCoach"? or should I say beware of Compcoach. I went with this company to insure 3 Iphones that my family got for Christmas because it included a 'replace lost iphone' clause. Well, about a month ago, I got an email and a snail mail letter from Will at Compcoach advising me that my policy no longer covered lost Iphones, and a few other smaller changes. I contacted the owner, Will, who complained that too many people placed 'false claims' for lost phones and he had lost a lot of money in this venture. I asked him for a pro-rated refund for the policy for my 3 phones and he promised to take care of it. Well, a check came in the mail, which I deposited, and then had returned to me by my bank for insufficient funds in Will's account. This happened about two weeks and three emails ago, and yes - you guessed it - no response from Will.

PS: He is still taking money for policies, but I cannot say whether he is actually fixing anyone's iphones!

Double PS: Now, it is IMPOSSIBLE to get any coverage on my iphones. First, it seems that all companies only will insure you within 30-90 days of purchase and I am at 8 months. Second, in MA, State Farm does not operate as an insurer.

If anyone has a suggestion for at least some protection, please let me know!
post #38 of 55
Quote:
Originally Posted by drb123 View Post

Have you ever heard of "CompCoach"? or should I say beware of Compcoach. I went with this company to insure 3 Iphones that my family got for Christmas because it included a 'replace lost iphone' clause. Well, about a month ago, I got an email and a snail mail letter from Will at Compcoach advising me that my policy no longer covered lost Iphones, and a few other smaller changes. I contacted the owner, Will, who complained that too many people placed 'false claims' for lost phones and he had lost a lot of money in this venture. I asked him for a pro-rated refund for the policy for my 3 phones and he promised to take care of it. Well, a check came in the mail, which I deposited, and then had returned to me by my bank for insufficient funds in Will's account. This happened about two weeks and three emails ago, and yes - you guessed it - no response from Will.

PS: He is still taking money for policies, but I cannot say whether he is actually fixing anyone's iphones!

Double PS: Now, it is IMPOSSIBLE to get any coverage on my iphones. First, it seems that all companies only will insure you within 30-90 days of purchase and I am at 8 months. Second, in MA, State Farm does not operate as an insurer.

If anyone has a suggestion for at least some protection, please let me know!

How about Amex?
post #39 of 55
Yes I there is currently se sort of insurance plan but it is with Apple I think and not ATT also correct me if I wrong but it is very much gray area in what it covers in other words only minor stuff like battary issue goes dead for good.
post #40 of 55
Hi everyone,

I'm new to this forum & realize that the original posting is a few years old, but I found this link this morning & thought it was informative.

Hope it's helpful!
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: iPhone
This thread is locked  
AppleInsider › Forums › Mobile › iPhone › iPhone Insurance