Im sorry you had a bad experience with your cellphone carrier insurance. But some ppl cant do as you do. Some ppl have to multi task. Some ppl are just clumsy. Some ppl just have bad luck. As someone who had neglected getting insurance on a previous phone, I can state with certainty that insurance helps. Its not a rip off as you put it when you are faced with a 500$+ cost to replace your phone. Or defaulting on your carrier contract because you cant afford to replace your handset at the initial costs that the carriers give it you for. Manufacture warrenties only cover defects during the manufacture process. Not normal wear and tear. And certainly not accidental damage. Better to have it and NOT need insurance, then need it and not have it. But to each their own, you may have been lucky so far with your cellular device. But it happends to everyone eventually. Something happends to your phone, be it being dropped or a software issue. A freind pushing you in the pool to be funny, whatever. Remember, LIFE HAPPENDS, so try and cover your azz as best that you can.
Question: You pay $39.99 a month for 450 Roll Over minutes..
Ok you pay for these minutes, Now its my under standing...
I have read the contract and its real gray area on it...
But it seems to me you buy 450 minutes a month. and then they dump the minutes after 12 months..
I pay for 450 minutes....
Should they reinburse you for these minutes ..??? There My minutes not there's ... Ya Think ??
Its Like buying 450 gallons of gas... and they just steal them after 12 months??
Your analogy is close. Its more like 450 gallons of milk. Your mins. expire after 12 months. They can only hold your mins for so long. However I would call AT&T and complain that after 12 months the time you have paid for is not being reimbursed. You might try threatening them with a FCC complaint. Then follow through with your complaint to the FCC.
I pay around $38 per month for 300 minutes of talk time (of which I rarely use more than 50) and more data than I need, with Virgin Mobile. The data used to be unlimited but they recently capped it at 2.5 gigs or something around that. They use the Sprint network, so coverage is fine in urban areas. Not the widest selection of phones, but I love it--I can finally afford a smart phone.
Insurance is only useful for things that you can't pay for. It's all based on luck, so think of it that way.
If you pay for insurance on your phone, let's say $100/yr(I don't know the actual rates) for an $800 dollar phone. If your willing to pay the insurance, then that means that you are expecting to lose or break a phone once every 8 years. If you are actually really careful with your phone, there is not much of a reason to pay insurance.
There is always a chance that something bad happens, but it's more likely that nothing bad happens if your truly take good care of your phone. This applies to your car, health, and house. It's unlikely that anything bad happens if you take the right precautions, but there is a difference between phone insurance and the other insurances I've mentioned. If you lose a phone, it's not a life changing event. Most people will have the cash to buy a new one. If you lose a 500k house to fire... most people would have serious financial troubles if they didn't have insurance.
If the loss of something does not threaten your livelihood, then there isn't much of a reason to insure it. After all, insurance companies do make money off of insurance. This means that it would be more likely that you make money off not having insurance than lose money. The necessity of insurance is based on what would happen in the worst case scenario.
I have personally had 2 phones over the course of 10 years; both of them still work today. I don't think it's too optimistic to think that you can keep electronics safe if you take good care of them.