Sprint Going to Tiered Smartphone Insurance
It seems that nowadays, cell carriers are moving toward tiered everything. In this case, it is Sprint that is moving to a tiered system. Fortunately, it isn’t tiered data, but instead a tiered system for Sprint’s Total Equipment Protection Plan. As of June 17th, both the insurance monthly payment and the deductible will be dictated by the cost of the phone. The more expensive the phone, the higher the deductible, and the more the insurance costs monthly. Phones costing less than $549.99 will cost $8 per month to insure, while phones costing more than that will be $11 per month to insure. Deductibles will follow a similar structure.
- Phones costing $324.99 or less: $50 deductible
- Phones costing $325 – $549.98: $100 deductible
- Phones costing $549.99 – $599.99: $150 deductible
- Phones costing $600 or more: $200 deductible
Source: Techno Buffalo