According to Verizon Wireless, one in four devices are either lost, stolen, or damaged. Phones like the Droid Turbo 2, with its shatterproof display, offer some peace of mind, but even that phone isn’t immune to getting lost or stolen.
How many times have you heard of someone who bought a new phone or tablet, but failed to purchase a protection plan and later regretted it? Verizon customers usually have a day or two after buying a new phone to decide if they want to buy such protection. If you’re one of those customers who failed to do so, you’ve just been offered a second chance. Current Verizon customers can now purchase a device protection plan, even if the phone was purchased a while ago.
You have four plans to choose from:
Total Mobile Protection – This is the most complete protection available. At a cost of $9 to $11 per month, it includes Wireless Phone Protection, an Extended Warranty, and Tech Coach. This means you will be covered for virtually anything that happens to your device, whether it’s lost, stolen, or damaged from physical harm or liquid. It also extends the warranty of the phone for any mechanical and electrical malfunctions. Finally, Tech Coach offers a higher level of customer support.
Total Equipment Coverage – At $7 per month, this option includes everything in the Total Mobile Protection plan other than the Tech Coach.
Wireless Phone Protection – This plan is perfect for those who want to only cover the event their device is lost, stolen, or damaged in any manor. It costs only $5 per month.
Extended Warranty – This is Verizon’s bare bones plan in which the manufacturer’s one-year warranty is extended so that you will be covered for any mechanical or electrical issues. It costs only $3 per month.
We also need to point out that all plans other than the Extended Warranty include a deductible ranging from $50 to $200, depending on the device, for replacements. Finally, customers in Florida are unable to purchase the Wireless Phone Protection or the Extended Warranty.
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