To enroll in insurance, or not enroll? That’s the question many of us ask ourselves when buying a new phone on contract. While some folks stand by the idea that it’s better to just have a “rainy day” fund in the (hopefully rare) event a phone breaks, others like the peace of mind provided by having your device insured.
What if you opt out of insurance when buying your handset, but change your mind? Most of the time this means you’re out of luck unless your phone is less than thirty days old. The good news is that, every once in a while, carriers and insurance providers will have an open enrollment period where you can sign up your older device. For Verizon subscribers, such an enrollment offer is actually going from now until December 2nd.
Verizon and Asurion are offering folks several different options that start as low as $3 monthly for an extended warranty, or as high as $10 per month for coverage that includes device replacement, security services and full support.
To sign up for the plan of your choice, head on over to Verizon. You may notice that Verizon’s site initially lists the open enrollment period as starting January 7th and ending March 8th, but actually clicking on ‘enroll’ will take you to a page with the correct December 2nd timeframe.
What do you think, are Asurion and Verizon’s device insurance plans worth the extra money or not?