Many people travel during the holiday season, and those travelers will also often be renting cars. During that experience, they will be offered the opportunity to purchase rental car insurance. However, many of those travelers don’t know whether or not rental car insurance is worth their money. While many consumers say that they never buy it, others feel that this is a rather shortsighted perspective. The fact is that car rental insurance is relatively inexpensive, but at the same time it is among the best ways to protect yourself when…
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iPhone 4S owners encouraged to insure their devices instead of purchasing an extended warranty
On the heels of the release of the iPhone 4S, a top provider of electronics insurance, Worth Ave. Group, has released its recommendation to consumers that they avoid buying a warranty and insure their mobile devices, instead. The insurer claims that when a customer purchases a warranty for an iPhone 4S, he or she remains unprotected in many ways and runs the risk of possibly needing to spend the hundreds of dollars in replacement fees should something happen to the device. It is anticipated by analysts, that the latest iPhone…
Read MoreDo you need to insure your mobile phone?
AT&T has announced that it will be offering a decrease in its insurance rates for iPhones, beginning at the end of August 2011, leading many people to wonder whether they require this additional coverage. Though it sounds appealing to customers to protect their mobile devices – especially at a reduced rate – consumer advocates are warning people that even with lower rates, cellular phone insurance may not be necessary. AT&T has been offering standard cell phone coverage for iPhone devices as of July 17, 2011, through the insurer called Asurion,…
Read MoreSelling insurance for broken or stolen cell phones may have new rules
Legislators in Nebraska are mulling over a bill that would require cell phone vendors to carry insurance licenses. The bill, proposed by Senator Dennis Utter of Hastings, Nebraska, would make it mandatory for vendors to obtain producer licenses if they offer policies that cover loss, theft or damage – cell phone insurance . The measure has received unanimous support from the state’s Senate thus far. This seems to be a trend in a number of states around the country. With nine other states already having similar laws in place, with…
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