Did you guys get the insurance?

[Helstar]

I thought it was 50 bucks when did the price go up?

 

[Cory Streater]

I do have it, because my company pays for it. However, if it were my choice I wouldn't get it. For starters I upgrade my phones often. Secondly the cost of getting a NIB replacement on E-Bay declines rapidly in the 1st year. With insurance, you don't know what you're getting in regards to refurbs or possibly what they call "an equivalent". The phone is warranted for 1-year anyway, so what you're really getting is insurance in the event it is lost or stolen. Not likely in my experience. That's only my own personal opinion though.

 

[jdbower]

Insurance is a business, and it must be profitable otherwise companies wouldn't be in this business. That means that, on average, an insurance company takes in $y a year from premiums and pays out $z a year in claims where y > z. In other words, if I take my premium and put it in a bank account every month, changes are over time I'll have amassed more than the replacement cost of my phone. Yes, some people make out on insurance but others pay premiums and get nothing back. The only people guaranteed to make money off insurance are the insurance companies and those who put themselves at risk for being sued for insurance fraud.

Insurance is great for some things. If my house burns down I wouldn't be able to afford to rebuild it. If I get diagnosed with some horrible disease I'm glad I've got health insurance. But if I need to shell out $500 for a new phone if I do something stupid and break/lose mine that's not going to break the bank. And if it would break the bank, I'd have to strongly consider whether I need a DroidX or if it would be better for me to look at a lower-end phone. Over the past way too many years I've never needed to replace a phone for reasons other than obsolescence or boredom, for me insurance just doesn't pay off.

 

[Kansas]

Over the last 5 years I've had 2 other $500 phones (w800i and n78) and never had insurance. The worst problem I've had with either of them was I recently chipped the glass but it wasn't over the screen so it wasn't even a problem. That's saved me $480 so even if I broke my DroidX tomorrow I'd still be on top. They way I see it if I break it after 6 month I can upgrade to the latest greatest android phone. I also see insurance as something that I can't pay out of pocket (i.e. House, Car, and Medical). I also find that thinking of it as a $560 phone makes me treat it like I'm carrying around $560 in my pocket and I'm a little more careful with it.

On the other hand if your accident prone or have small children around then by all means get the insurance because you will likely use it.

 

[jamesc]

I've done some dumb things to my phones, but seriously if any of you are like me, you get bored within 6 months with the phone you have. I'm hoping to keep this one long term anyways... Hoping is the key word...

 

[brandonx1000]

i got the $6 insurance

 

[gafly]

I always get the insurance/ext warranty. I never had to use it on the Storm 1 (Thank You Otterbox) but the, oh, 5 smartphones (Palm and WinMo devices) before that were cursed or something.

 

[droidish]

Yeah, I got the insurance, just in case.first phone I've done this but I figured it was worth it, cause I'm a klutz.

 

[largeselection]

I def got it, because if it breaks I don't usually get charged to swap for a working one. I only get charged if I lose it or something and have to order a new one.

 

[greydarrah]

Hell yeah!

 

[CarbonOak]

never had insurance on any of my phones, luckily never needed it. Maybe if it was only a few bucks a month but when they add in about 100.00 it's just not worth it to me.

I feel the exact same way.

 

[katrina2475]

I normally don't do insurance but this time I did. It's weird because my gut told me to. Maybe it has something to do with my 3 year old and CRAZY 15 month old. During the day my phone is USUALLY docked and I use bluetooth so it is out of their reach but......shhhh it happens. I guess I look at it as a savings account because the odds are something will happen.

 

[djsda]

I had insurance on almost all of my phones over the years, but it was so chaotic in the Verizon store on launch day, either the rep asked me and I didn't hear him or he forgot to mention it. I think he could have offered me $1000 and I wouldn't have heard him - I just wanted to get out of the store and start playing with it. Can you opt in to the insurance after the fact - like now?

 

[billfisher1]

I have never had it but this phone has such a large screen and costs so much. It almost seems like I might be better off just waiting. If I lose or break the phone I might just add another line to my account. Even if I lost it tomorrow, it would cost me a total of $240 max. In six months it will be $180 and I will about break even, anything after that and I am in the plus (in a twisted way).

 

[gafly]

You can opt into insurance/ext warranty within 30 days of purchase.

 

[RoRClubSave]

Yes, for me its makes sense to get the insurance. Just in case i drive over the phone with my car or drop it into the hot tar or some thing LoL.

Its for business, and just might be a business expense.

 

[DroidInvasion]

I always do with any smartphone purchase. full retail on this phone is over 500. id rather pay 6 per month with the 70 deductible if something happened to it. its saved my butt with a blackberry before

 

[baxterlf]

We have it on all our phones and it has always paid off. My daughter has texted her way through 3 keyboards on her slider phone. Since it extends the factory warranty we were covered to get her a replacement with no deductible. My husband has also dropped his Win Mobile and broken it and my son lost his phone at school. I'm still good so far but with this expensive baby I couldn't pass it up. We are the family the insurance dreads.

 

[andypoi]

I've never gone the insurance route. I can't justify the expense. I've had plenty of phones replaced due to manufacturing problems, but I've never broken a phone to the degree that it would need to be replaced. I don't use cases or protectors of any kind.

 

[ylimehajile]

Bringing this thread back to life... Has anyone purchased the insurance after reading all of the horror stories of trying to get a 'like' device when you finally have to make a claim? I have a few days left before I can opt-in and am trying to decide which one to get. Verizon has a $1.99 / month plan that extends the warranty to 2-years. I would pay the $7.99 / month insurance if I knew I was guaranteed a DX for the next two years. I seriously doubt that is going to happen after reading various forums about this. Also, when it does happen you are waiting a month before your 'like' replacement is found. What kind of insurance is that? At least with the $1.99 / month Verizon handles manufacturer problems right at the store and you don't have to deal with an insurance company. However, It doesn't cover screw-ups on your part. With all of the issues I've already had with my DX(s) I'm going to buy at least that. The way I look at it is the DX will be old news by Christmas and the insurance company doesn't hold a large stock of 'old' devices for replacement. What are the chances they will have your phone ready to ship in a timely manner (according to their site - in as little as 24-hours - HA!).

What are others doing? How confident are you with your insurance policy. I'm running out of time :-O