So I'm about to purchase a Droid X - my very first smartphone. I know this Droid has gorilla glass and is a sturdy phone, but I'd like your expert option guys: do you think I should purchase insurance from Verizon for my phone? I was wondering if most of you have done so, or if you feel it is unnecessary. Thanks for your input.
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Advice about insurance
- Thread starter pattikate
- Start date
Yes, these new devices are too expensive to not have insurance. I plan on keeping insurance for about a year, which should give plenty of time for D2 prices to decrease.
Why would you think it's not necessary? Your not planning on losing your phone, dropping it in water, theft, or breaking it today?
Nobody does.
Yes its a great idea to put insurance on it you just never know what might happen no matter how careful you are accidents happen....you pay good money for these phones and unless you have money to blow like that you have to protect your investment...i have had insurance on all of my phones from my G1, to my Droid 1, and now Droid incredible luckily nothing has happend but i do at least have piece of mind that if something does happen im covered and wont have to pay out full price for a new one...
I did not opt for the insurance or any phone for that matter. I'm pretty good at taking care of my things and knowing where they are. I've never once broken a phone, lost it, or anything.
However, base the decision on your history. Have you lost similar devices in the past? Have you accidentally taken a dip in the pool with say your wallet or important piece of paper in your pocket?
Everyone is different. I'm the person who doesn't have phone insurance, a case, or even a screen protector. I am careful as to who handles my phone and keep an eye on them. I never had a cracked screen or anything, so that's why I did not opt for the insurance. Many would say such expensive devices, insurances is the most logical thing to do, I disagree. You keep track of your things and treat it well, they'll last and you can even sell it maybe 2 years from now for a nice price, like i did with my AT&T Tilt after 2 years of ownership.
However, base the decision on your history. Have you lost similar devices in the past? Have you accidentally taken a dip in the pool with say your wallet or important piece of paper in your pocket?
Everyone is different. I'm the person who doesn't have phone insurance, a case, or even a screen protector. I am careful as to who handles my phone and keep an eye on them. I never had a cracked screen or anything, so that's why I did not opt for the insurance. Many would say such expensive devices, insurances is the most logical thing to do, I disagree. You keep track of your things and treat it well, they'll last and you can even sell it maybe 2 years from now for a nice price, like i did with my AT&T Tilt after 2 years of ownership.
Insurance for something that costs just a few hundred dollars is wasted money. Buy insurance on things like your life, health, vehicle, home, etc. Not on low dollar items.
IMO if you can't afford to buy another phone if something happens to yours, maybe you had too much phone to begin with
Insurance companies have spent millions researching their business, they bank on people paying premiums when they know the likely hood they will have a claim are low. It's a big money business for a reason
Here is just one article for reference: http://www.businessweek.com/magazine/content/10_47/b4204045368736.htm
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Well put, hookbill. Insurance is just that. It's protection against uncertainty. We don't PLAN for something to happen to our things, so we buy protection against that uncertainty. For $7 a month...you can't get much better than protection against a $600 loss. That's the price of a decent submarine sandwich...and it's keeping you from having to shell out the big bucks lest something actually happen to your phone. Read some of the stories on this thread...it might help: http://www.droidforums.net/forum/tech-issues-bug-reports-suggestions/117496-buying-insurance-worth-7-month.html
Insurance for something that costs just a few hundred dollars is wasted money. Buy insurance on things like your life, health, vehicle, home, etc. Not on low dollar items.
IMO if you can't afford to buy another phone if something happens to yours, maybe you had too much phone to begin with
Insurance companies have spent millions researching their business, they bank on people paying premiums when they know the likely hood they will have a claim are low. It's a big money business for a reason
while i agree with this for the most part i do believe the insurance is good when its only 5 dollars a month. Thats not going to break anyones bank, if it does you dont need a smartphone to begin with.
the replacement cost of a droid X is 569.99 so spending 5 bucks a month plus a 50 dollar deductible is well worth it.
Hasn't the cost of insurance for the Droid x increased to $7.00 with a higher deductable than $50.00? That's what I heard, but I could be mistaken.
darkespawn
New Member
I bought my Droid at best buy and opted for thier insurance, its $10 a month but no deductible. and verizon want 7 with a 75 deductible for my droid.
It doesn't matter whose opinion you get. Whether or not you get insurance is your call to make. Gorilla Glass is scratch resistant but it isn't unscratchable nor unbreakable.
Also consider that your carrier isn't the only option for insurance. Make sure you understand what the different options cover and don't cover. Don't just look at price.
The cost of a new, unsubsidized device isn't a few hundred. Make sure you're comparing apples to apples. In most cases a person won't be able to get a new replacement for the subsidized price.
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carguy,
I have a $600 device. It's not that I can't afford another one, but what about two or three more? No, I can't afford $1200 worth of phones.
I have a $600 device. It's not that I can't afford another one, but what about two or three more? No, I can't afford $1200 worth of phones.