[tcbusch]

You guys need to remember how insurance works. You get a pool of several people, lets say 1000 or 1000000. Everyone in that pool pays the same fee or premium. Right off the top the insurance company takes their cut. This leaves less than 100% of the money left over. You guys are saying that you received more money back than you payed in, making the insurance a good deal. Well, for everyone that has received more money for the premiums payed, someone else has received less money back for the premiums payed. The insurance company would never pay out more than they take in.

The big question is whether you are willing to take the risk for the price. If the monthly premium was $1 I would sign up. If the monthly premium was $50 you would not. I am a sprint premium user which means i get the full rebates every 12 months. It doesn't make sense for me to sign up for the insurance.