Anybody else get this letter from Verizon?

[YourMobileGuru]

While it is disappointing to have the extended warranty yanked out from under us, there is a bright spot. Asurion does cover any type of occurrence not covered by the warranty. With that said, once you file a claim, the "lost" device becomes the property of Asurion. Asurion does warranty the replacement device for manufacturer defects. The first device sent will more than likely be a refurbished device. If that refurbished device does not perform to standard, you can contact Asurion again to complain and they are then required to send you a new device that has never been used. That device is then warrantied by Verizon Wireless for 1 full year.

But as stated above you have to PAY for the replacement device.

 

[ElConquistador1963]

But as stated above you have to PAY for the replacement device.

You pay for the 1st replacdement but the warranty from Asurion you do not have to pay for. it is a warranty at this point not insurance. As long as there is no physical damage.