

If your deductible is $500, chances are you're not getting a very good deal. If you're considering covering your iPhone this way, be careful to check with your insurance company on how your deductible plays into claims made to cover the iPhone. For example, State Farm will reportedly cover your iPhone for an additional $32.50 per year. If you already have homeowner's or renter's insurance, you may be able to cover your iPhone through an extension to your existing policy. Contact your card provider for details about how your purchases are covered. The bad news is that these warranties also won't cover accidental damages from spills, drops, etc. The good news is, many of these programs automatically extend the manufacturers warranty for up to one year.

Unfortunately, most of these plans only cover purchases for 90 days, which often coincides with the existing manufacturer warranty. These coverages are usually restricted to Gold and Platinum credit cards, but can sometimes be found on standard cards as well. Visa has "purchase security", American Express has the "purchase protection plan", while other card providers term their coverage something else. Many different credit card providers offer purchase protection programs which cover credit card purchase against malfunction and accidental damage. 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.įor more information on SquareTrade, head directly to their page for SquareTrade iPhone warranties. SquareTrade is the only licensed insurance provider that covers accidental damage. As a result, SquareTrade has sold over 1,000,000 warranties to date.ĭespite the rave reviews and the lower price, the key factor that sets the SquareTrade warranties apart from AppleCare and other competitors is the coverage for accidental damage. SquareTrade's insurance plans have received near perfect consumer ratings on NexTag and Epinions, and has received an A+ rating from the BBB (Better Business Bureau).
#Can i purchase applecare if i buy my phone from at&t full
Should your iPhone need attention, Squaretrade promises to fix it or pay you the full purchase price of the iPhone, all within five days. Squaretrade, who has been in business since 1999, is offering coverage equivalent to the AppleCare program, called the CarePlan, for as much as $30 less per year less (depending on what model and size of iPhone you need coverage for).
