All You Need to Know About Verizon Insurance Deductibles

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Verizon is one of the largest telecommunications companies in the United States. They offer a wide range of services, including phone insurance. However, like other insurance programs, Verizon's phone insurance includes a deductible that must be paid when filing a claim.

A deductible is an out-of-pocket amount that must be paid before the insurance provider covers the rest of the claim. The amount of the deductible varies based on the type of device being insured. Basic phones and other connected devices have a deductible of $99, while smartphones and have a deductible of $299.

When filing a claim, the account owner or account manager must provide their Verizon account PIN. This ensures that only authorized individuals can file a claim. Additionally, the deductible must be paid at the time of the claim.

It's important to note that depending on the price of the phone and the amount of the deductible, it may be more cost-effective to simply buy a new phone rather than filing a claim. This is something to consider when deciding whether or not to purchase phone insurance and which deductible to choose.

Verizon's phone insurance is provided through its insurance partner, Asurion. Like other insurance programs, Asurion mobile protection plans require a monthly premium in addition to the deductible when a claim is filed.

The deductible for Verizon phone insurance varies based on the type of device being insured. It's important to consider the cost of the deductible and the price of the phone when deciding whether or not to purchase phone insurance and which deductible to choose. When filing a claim, the account owner or account manager must provide their Verizon account PIN and pay the deductible at the time of the claim.

All You Need to Know About Verizon Insurance Deductibles 1

Do I Need to Pay a Deductible with Verizon?

You may have to pay a deductible when filing a claim with Verizon, depending on the type of device and the extent of the damage. The deductible amount varies based on the device and the insurance plan you have selected. To file a claim, you must be the account owner or account manager and provide your Verizon account PIN. You can file a claim for lost, stolen, or damaged devices through Asurion, Verizon's insurance partner, either online or by calling (888) 881-2622. It is important to note that the deductible must be paid at the time of the claim.

What Are Verizon's Insurance Claim Charges?

Verizon charges $99 for insurance claims on basic phones and other connected devices and $299 for smartphones and tablets. It is important to note that these prices may vary depending on the device and the insurance plan selected. Additionally, deductibles may also apply to certain insurance claims. Customers are advised to review their insurance policy and contact Verizon for more information on specific pricing and deductibles.

Conclusion

Deductible is an important aspect of Verizon's phone insurance program that every account owner or manager should be aware of. It is an out-of-pocket amount that needs to be paid before the insurance provider covers the rest of the claim. The deductible amount for basic phones and other connected devices is $99, while for smartphones and tablets, it is $299. It is essential to note that, like other insurance programs, Asurion mobile protection plans require a monthly premium plus a deductible when filing a claim. Ultimately, understanding the deductible and weighing the cost of repair or replacement versus the deductible amount could help you make an informed decision about whether to file a claim or buy a new phone.

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James Walker

James Walker has a deep passion for technology and is our in-house enthusiastic editor. He graduated from the School of Journalism and Mass Communication, and loves to test the latest gadgets and play with older software (something we’re still trying to figure out about himself). Hailing from Iowa, United States, James loves cats and is an avid hiker in his free time.