Quote:
Originally Posted by lkillen
I cannot imagine ownig this phone without TEP
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I don't know, doesn't seem like that great of a deal unless you break your phone a lot. This is the first time I've done any significant damage to a phone in probably 3-4 years. So in all that time I could have paid $7 per month plus a $100 deductible for a total around $350, or just cover the one-time $58 replacement out of pocket.
As with any kind of insurance people that don't make claims receive no financial benefit, while people who make claims often receive a benefit greater than the amount they have paid in. It's all a matter of averages. And, on average, I get more benefit by not buying insurance.