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How to Choose an Insurance Plan for Your New Smartphone

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For one, it's important to read the terms and conditions of your insurance plan.

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Which Company Offers the Best Value?

That's going to be up to you to decide. Some plans are inexpensive, but don't offer a lot of coverage. Some are simply overpriced.

It is important to compare the out-of-pocket costs of insuring your iPhone against the cost of buying a new unsubsidized iPhone. For some consumers, paying for insurance doesn't add up.

For me, the horror of losing my phone is still fresh in my mind, so I am not leaving the house with my new phone until I know it is covered.

The peace of mind is worth every single penny.

Editor's Note: This article by Cyrus Sanati was originally published on MintLife.

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Twitter: @mint
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