Clarification on Phone Insurance

[The Real Britney]

I've read through Cricket's Website and these forums and this is what I understand about the "Phone Replacement Plan"

1) You can only signed up for this plan at the time of purchase.
2) The plan covers Damage, Theft, and loss of phone. After the mfg warranty expires, the plan then covers what the warranty would cover.

Correct me, if I'm wrong on any of these points. Now my questions are

1) If the phone fails, can I replace the phone at a corp store or do I have to go through Signal?
2) I know you can't purchase the plan after the fact, but can you cancel later? Eventually, because technology is always moving forward it's stupid to pay a $85 deductible (assuming a Premium Phone was bought) for a phone that is not worth it anymore.

 

[meggsface]

part one
1) correct
2) correct
Part two
1)Either option
2)you can cancel anytime.

 

[rose grl:)]

Woof, thank you so much for all the help you have given me on not just this question, but others I have posted. Your help, as always is much appreciated. I'm thinking about getting the Moto QA30, so the $5/mo plan is probably worth it for that phone, since it costs $250.

 

[squeekyboard]

also too dont quote me but i have had it where i had a customer buy the messager when it first came out and 2 days later she smashed it and i was able to call cricket and have them add the insurance be cause the phone wa still under the amount of minutes but liek i said this was 8 months ago but if i were you add the insurance and like 6 months down the road take it off if ou didnt use it

 

[bobbybrown]

cricket may add it, but the signal can always reject the coverage....

 

[inbetween]

Worth every penny. $85 to replace it is better that $250 any day. Even if youre paying $5 a month. In the first year you've still only paid $145.

Insurance is a good deal on any phone over $100 (replacement cost, not the new act promos).

 

[whitefeathersnpr]

even on the cheap phones it is a good deal now with the reduced deductible.

89.99 + tax + esn change fee = 113.53

12 months of premium + $35 deductible = $95
and thats only if you make it twelve months. now factor in insurance will replace a standard carrying case heaRABet and chargers too. plus you don't have to blow the whole $95 at once, which can be a lot to come up with depending on your financial situation.

 

[link2]

According to some Cricket reps, you will have to keep insurance for more than an year for them to make any real profit on it. Since most people replace their phone at least once a year, it's not a huge money maker for the company. Also, with Cricket coming out with new phones faster now, there is a chance you can do the insurance claim on a phone and get a much better phone for a lot cheaper. That happened for people who had the Lingo phone and then got the Messanger phone for only $85 instead of $200.