Asurion Verizon

Verizon Wireless and most cell phone carriers use Asurion.

Should I get insurance for my phone?

Yes. After many years of debating that question, I think most people should have insurance on their phones. The cost is $4.99/month per line. If you need to file a claim, a replacement phone costs $50. The replacement phone will either be the same model or a newer version of the phone if yours is out of production.

Replacement costs of new phones can be several hundred dollars without insurance. BlackBerry’s and PDA’s can be over $600 Retail depending on the model! The only phones I don’t recommend insurance on are those models that can be replaced for less than $150 which are your no-frills basic phone.

My opinion is that it’s easier to spend $5 a month on insurance than several hundred dollars at once to replace your phone. With families, however, this can get expensive to have on every telephone line.

Always place insurance on phones for teenagers or children. No exceptions. You’ll be happy you did with the amount of theft in schools and how many times kids get pushed into pools in the summertime.

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Verizon on Tuesday posted a rare loss for its fall quarter despite an otherwise upbeat result defined by the iPhone. It lost 71 cents per share through pension compensation but had its best subscriber additions in three years, adding a net 1.5 million new customers. Having shipped 4.2 million iPhones, the credit could go primarily to Apple for the record performance.

As mentioned previously by the CFO, 2.2 million LTE phones, hotspots, and tablets had been switched on in the fall, suggesting that the Droid RAZR, Galaxy Nexus, and the rest of 4G Android line combined moved fewer devices than just Apple.

A total of 7.7 million smartphones had been sold in the season, making the iPhone 54 percent of Verizon’s entire smartphone base. Verizon has 108.7 million total cellphone users.

The discrepancy between net adds and total smartphone additions came partly from losing nearly a half-million telematics customers behind the scenes. Turnover of old customers for new improved significantly over last year and was down to 0.94 percent, suggesting that the iPhone and newer LTE phones were keeping customers loyal. The ratio of smartphones on the network climbed from 39 percent this summer to 44 percent by the fall.
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