AT&T, of all the Telco carriers, offers the best phone insurance plans for iPhones and every other smartphone. However, when comparing AT&T to the specialist providers on the Internet (Ensquared falling into this category) significant benefits open up in three key areas:
1. When AT&T is not your carrier of choice
2. When you do not want to be beholden to AT&T or any one carrier through long term contracts
3. When you are an iPhone user.
An increasing number of smartphones are being bought unlocked. For good reason. It enables the unlocked device owner to attach the carrier contract afterwards as prepaid; with no device subsidy retrieval; with much more flexible terms for early exit and of, course, gives latitude to choose the cheapest rates to suit one's needs. In this way the consumer can move between the most competitive phone contracts by taking the unlocked device with him or her. In other words, by foregoing the carrier subsidies on expensive smartphones there is also the avoidance of a long-term contracts (mostly two years) that are relatively much more expensive from the start or as time moves on.
Carrier subsidies create an illusion: Unlocked Android devices are not subsidized so it can cost the consumer anywhere from $400 to $700 initial outlay. In fact, the carriers like AT&T retrieve the subsidy in the monthly contract payments so the illusion that the device is cheaper if bought through them is an illusion. Secondly, popular used Smartphones are selling for high prices through eBay and other channels (eg. A used iPhone 4 in good condition can fetch $420) thus retrieving much of the initial outlay if one switches to a newer model. So buying the cell phone unlocked is not a real cost disadvantage and can save huge dollars in lower carrier costs. We must point out that some devices are almost impossible to be bought in USA unlocked (i.e. iPhone being the primary locked device), which means that a carrier lock-in is prescribed.
So if you are an iPhone user or you are considering the unlocked route how do you obtain the lowest cost and most reliable phone insurance for your device? Here are a few key items to help you compare Ensquared as an Internet provider to AT&T the most competitive insurer of all the carriers.
^ Ensquared Phone Insurance is an Insurance Backed Wireless Protection Program and is not affiliated in any way with AT&T, or Apple, Inc. iPhone and AppleCare are registered trademarks of Apple, Inc.