Sunday, December 2, 2012

What Is A Deductible On a Cell Phone Bill?

Q. I recently called my cell phone insurance company and they're sending me a replacement cell phone but they're putting a $50 deductible and I want to know what it is?

A. The deductible is the portion of any claim that is not covered by the insurance provider. It is the amount of expenses that must be paid out of pocket before an insurer will cover any expenses. It is normally quoted as a fixed quantity and is a part of most policies covering losses to the policy holder. The deductible must be paid by the insured, before the benefits of the policy can apply. Typically, a general rule is: the higher the deductible, the lower the premium, and vice versa.


What is the warranty on an AT&T phone and where can I buy insurance?
Q. What does insurance cover? If I wash my phone is it covered? Where do I get insurance?

A. For ATT insurance does cover a liquid damaged phone. Unfortunately you can only purchase insurance for your device in the first 30 days of purchase (and you would buy that from ATT $4.99 monthly recurring charge). Warranty WILL NOT take a liquid damaged phone. And if this is an iPhone warranty wont take it period and you cant buy insurance through ATT period. Best advice if you are past 30 days see if you can get insurance through an actual insurance company. Otherwise find an old phone or have fun shopping at no commitment price.


Can I pretend to loose my phone with insurance, sell it and get another one back?
Q. My phone insurance covers theft, so can i fake it getting stolen and sell it. say it got lost, and get another refurbished one?
for t mobile

A. Of course you can! You can buy a car, drive it into a dumpster and report it stolen and then make a claim. You can also buy life insurance and fake your own death and get the beneficiary to give you the money too. That is if you like getting CHARGED WITH FRAUD AND GOING TO JAIL!

Not a smart move if you do bud.


Will Verizon still provide my phone with insurance in this situation?
Q. I am thinking of buying a new phone. If I were to buy a phone outside of Verizon Wireless, say from another person, and just converted the phone over myself, will Verizon still cover it? I have insurance for the original phone that I have.

I doubt that they will cover it, but will someone give me some verification?

A. No, they will only be responsible for covering the original phone.





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