Reasons Not To Buy iPhone Insurance
iPhones are hugely popular devices and being so these devices are a lot expensive as well. People spend thousands and even lacs on buying iPhones. With that much money at stake, people usually tend to buy iPhone insurance to protect their one-time investment from any kind of future damages. Insurance claims totally cover expenses against theft, damage, and other mishaps. Though it may seem like buying insurances for your expensive iPhones might be a great technical piece of work done by you, this isn’t the case. In this article, we have explained why we think you shouldn’t buy an iPhone insurance. From high monthly costs, regular monthly installments for repair, to improper customer service, a limited number of claims and no tech support. All of these combine to give a list of reasons not to buy iPhone insurance.
High Monthly Costs
If you have an iPhone insurance then it means you have to pay a monthly fee, just like traditional insurance for your car or house. If the insurance premium charge is included in your phone bill, you won’t even notice it. However, spending a few more dollars each month usually isn’t the most obvious thing to do as these fees mean you’re spending extra money every month. Plus, when you add it up, two years of insurance premiums from some of the most popular companies can total between 10 to 20 thousand rupees. Some companies offer flat fees, but, as we’ll explain later in this article, they’re still not a great idea.
Regular Monthly Installments For Repair
Just like with other types of insurance, when you make a claim, you also pay a deductible. This means you’ll either have to pay this fee to get a repair or a replacement phone, or that money will be deducted from a cash settlement paid by the insurance company. Deductibles run between 2 to 25 thousand rupees per claim. This can be a good deal if your phone is totally ruined and you have to buy a new one at full price, but if you just need a repair, the deductible you pay may be a significant percentage of the cost of the repair.
Refurbished Phones Are Often Used
Of all the “gotchas” hidden in many iPhone insurance policies, this is one of the worst. Let’s say you have an incident and need a new phone. You’ve been paying monthly fees, and you’ve paid your deductible. But you may not get a totally new phone. In fact, when your insurance company replaces your broken phone with a working one, the replacement is often refurbished. The phones that insurance companies send are often phones that were sold used or were broken and then repaired. For your hundreds of dollars of premium and deductible, wouldn’t you rather have a truly new phone? Well, this is not the case if you get a refurbished one for your hard paid premiums. One of the other reasons you should avoid buying iPhone insurance.
Improper Customer Service
Nobody likes getting the runaround, but that’s just what many iPhone insurance customers have reported. iPhone users often have complained about rude employees, lost paperwork, delays in getting replacement phones. As a paying customer, good customer service is something which every customer wants and looks for. However, that is not the case with most of the insurance companies.
Limited Number Of Claims
This isn’t true of all insurance plans, but some insurance companies limit the number of claims you can make during your one or two-year policy term. For instance, some iPhone insurance policies limit you to two claims in a two-year policy. Have the bad luck to have a phone stolen or break a third time in two years? Your insurance won’t help you and you’ll be stuck paying full price for a repair or a new phone. Another glitch for not buying iPhone insurance.
No Tech Support
Insurance companies provide coverage for loss, theft, damage, and other calamities, but they can’t help you with the day-to-day frustrations technology often presents to us. Insurance companies are not the ones who will provide you tech support for any problem you face with your iPhone internally or externally. If you’re having a software problem, or just have a question about how to use your phone, your insurance company can’t help you. You’ll need to find answers somewhere else, whether that’s online or from an in-person option like Apple’s Genius Bar. Now, this is a genuine reason for them but that again is one of the reasons why you should not buy an iPhone insurance.
In this article, we have explained all the possible reasons as to why you shouldn’t buy an iPhone insurance. We have talked about the high monthly costs, regular monthly installments for repair, refurbished phones are often used, improper customer service, limited number of claims, and no tech support. All of these things are the reasons not to buy iPhone insurance.