iPhone Insurance

Did you know that 80% of all iPhone failures are due to accidents? The problem is that most mobile carriers will not cover a smartphone like the Apple iPhone under typical insurance contracts.

SquareTrade, a licensed insurance provider, offers the only iPhone protection that fully covers accidents from handling. The company has been in business since 1999 and has sold over one million iPhone warranties.

According to SquareTrade, "drops, spills, water damage, battery failures or any other failures from normal use or accidental damage" are all covered under their plans. This is the key difference between SquareTrade's insurance and other coverage options such as AppleCare.

Don't Drop That iPhone

Your iPhone comes with 90 days of technical support and a one year warranty from Apple, and many users have extended this coverage to two years with AppleCare. Unfortunately, if your iPhone is dropped and damaged or accidentally gets wet, Apple will not cover the repair.

As you likely already know, and as has become the case with higher priced "smartphones" through many providers, traditional mobile phone insurance is not available for the iPhone. That doesn't mean you want to leave your $500 or $600 iPhone unprotected, does it? "What?" you say, "I paid $199 for my iPhone". That may be true, but it is important to know that those prices are subsidized by your mobile carrier (i.e. AT&T) and are one-time purchase prices only. If you damage or lose your iPhone, you'll need to replace that phone at full price ($499 or $599).