My colleague has recently acquired an iPhone and asked me about getting insurance on it. She is 25 years old, currently splits her time between living with her parents and her aunt. In August she will move away to Chicago to work on a graduate degree.
The insurance plans she’s looking at vary by deductible, what is covered and cost. From what I saw most are in the $50-100/year range.
Personally, I’d never consider insurance on a phone, but then again, I’d probably never buy a $600 phone. I’m just cheap that way.
Thanks for any input.