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Do I need cell phone insurance if my phone has been paid off?
I'm planning on paying off my iphone 7. Is the $13/month insurance still necessary? The insurance deductible is $200 if I lost or ruined my phone.
6 Answers
- AVDADDYLv 73 years ago
The fact that the phone has been paid for has no bearing on the likelihood that it will be damaged,lost, or stolen.
- Roger KLv 73 years ago
Depends on what you think the chances are that you will lose of damage your phone. We cannot evaluate that risk.
It is not <<required>> (unless some part of your usage contract requires it), so the choice is up to you.
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- Anonymous3 years ago
The insurance has nothing to do with whether or not you've paid off your phone. If you're accident prone then it's possibly worth it, otherwise, it's simply a nice money maker for your carrier.