AT&T has recently updated the terms and conditions of their Mobile Insurance plan to also cover Apple’s iPhone from July 17th.
AT&T Mobile insurance covers loss, theft, accidental damage and mechanical or electrical failure. AT&T’s Mobile Insurance plan will be a lot cheaper than the iPhone specific insurance that AT&T offered to iPhone users.
AT&T’s Mobile Insurance plan costs $4.99 per month and and $50 or $125 deductible for each claim depending on the particular model, while iPhone insurance was a lot more expensive at $11.99 per month and $199 deductible. You are allowed to claim twice within any consecutive 12 months.
AT&T has issued the following update:
*Please Note: AT&T Mobile Insurance Update: Effective July 17, 2011, the Apple iPhone (all models) will be eligible for coverage with the AT&T Mobile Insurance program (formerly Wireless Phone Insurance). Enrollment restrictions apply. Customers can only enroll within 30 days of a new activation or upgrade, prior activations or upgrades outside of 30 days are not eligible.
You can enroll for the Mobile Insurance plan when you activate or upgrade your iPhone or must enroll within 30 days of activation or upgrade.
Verizon Wireless offers a $10.99 per month insurance plan to iPhone users with a $169 deductible for the 16GB model and a $199 deductible for the 32GB model.
What do you think of the cheaper insurance plan from AT&T? Any takers?