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SquareTrade Extends iPhone Insurance to Jailbroken Devices

Some iPhone owners are nervous about jailbreaking their devices due to Apple's no jailbreaking policy. To discourage iOS hacking Apple does not offer customer support to users who jailbreak their phones, and jailbreaking also voids Apple’s warranty. Until today jailbreakers had no way to insure their iPhones, even through third-party warranty providers. That has all changed thanks to SquareTrade. The third-party provider has expanded its coverage to jailbroken iPhones. This is great news for jailbreakers who would like to protect themselves from cracked screens and other iPhone mishaps.

Cheap iPhone Insurance

SquareTrade does not cover hardware mods (e.g. filed-off serial numbers) but any software modifications are fine. SquareTrade's VP of Strategy Vince Tseng told GigaOM.com, that SquareTrade does not care what Apple users do to their software. "Our general philosophy is that if a device hasn’t been played around with on the inside we don’t have a problem with that. We are here to help the Apple community, and if they want something Apple doesn’t provide we are here for them," said Tseng.

Verizon iPhone Insurance: Don't Buy From Verizon / Asurion

If you're a regular iPhoneFAQ reader, this won't be the first time you've heard us advise you against buying iPhone or other mobile phone insurance through your wireless provider. When AT&T began offering iPhone insurance, we demonstrated how overpriced and undervalued their policy offerings were, hopefully saving many of you a great deal of money and frustration. Since the Verizon iPhone was announced, we've been waiting to find out what Verizon was going to step up to the plate with on the insurance front, hoping we'd be impressed. Unsurprisingly enough, we're not.

cracked iphone insurance verizon

Hoping for anything else was sort of pointless given that Verizon and AT&T both offer insurance through the same third party company, Asurion. While the coverage that Asurion offers is excellent, the pricing is anything but. So, even though the same wizard is behind the curtain at both AT&T and Verizon and not ignoring the fact that replacement costs to the consumer are roughly $50 higher with the CDMA iPhone, we were hoping we'd see Verizon pushing aggressive pricing for insurance to give AT&T iPhone owners more reasons to switch.

Verizon iPhone Insurance Pricing Revealed: $10.99 Per Month? Ugh.

Though it hasn't yet been announced by Verizon, details of insurance options that will be available to Verizon iPhone owners are now available through Asurion's web site. Asurion is the third-party company that backs the mobile phone insurance Verizon combines with it's extended device warranty and markets to customers as Verizon TEC (Total Equipment Coverage). Although Verizon customers that own smartphones similar in price to the Verizon iPhone insure and protect their devices for $7.99 a month, at $10.99 a month, iPhone owners aren't so lucky.

verizon asurion iphone insurance

That is, if you consider $7.99 per month for insurance that comes with high deductibles "lucky" in the first place. From a deductible perspective, things are even worse for Verizon iPhone owners than they are when considering the monthly fee hike. Should you opt for Verizon / Asurion's TEC coverage on your Verizon iPhone, expect to pay a whopping $199 deductible in the event that you do need to file a claim.

Report: Apple iPhone 4 Reliable But Accident Prone

Smartphone and electronics warranty provider SquareTrade recently shared its smartphone data in a report comparing the iPhone 4 to other mobile devices. Included in the study were four months of data on the iPhone 4, eight months of data on Motorola and HTC Android devices, and one year of RIM BlackBerry data. The iPhone 4 led the group in reliability, with only 2.1 percent projected to have a non-accident malfunction in the first year of ownership.

SquareTrade iPhone insurance


Motorola is hot on the iPhone's heels, with only a 2.3 percent non-accident malfunction rate. HTC took third place in the reliability contest, while BlackBerry devices had the highest rate of spontaneous problems at 6.3 percent. Remarkably, 77 percent of smartphone failures from devices made by these four companies are due to accidental damage. When it comes to accidents, the numbers paint a different picture.

SquareTrade iPhone 4 Warranty Giveaway: 4 for 4

If you haven't protected your iPhone 4 with a supplemental warranty or insurance policy by now, chances are you've realized you should. The iPhone is highly susceptible to damage and other accidents. Enter SquareTrade. SquareTrade warranties provide you with peace of mind and more protection for your dollar vs. other competitors. Consumer review agencies, media outlets and more are recommending third party insurance and warranty providers like SquareTrade over manufacturer and service provider offerings.

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