Quote:
Originally Posted by Mutiny32
I'm sure the insurance company doesn't just eat the cost of the phone. They will try to recover whatever money they can from the manufacturer.
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They cannot recover money from manufacturer if it is not a manufacturer defect..that said they make their money.
Look at it this way..you pay 7$ a month which is 84$ a year. (There is also a 50$-100$ replacement on some)
When they get a phone back, they "refurbish" the phone and then send it out to another person.
So all phones they get, unless they are in unrecoverable condition, will be reused.
They hardly eat any costs at all...other then repair ones which are trivial.