Is Insurance Worth It For Iphone. The deductible on wireless carrier plans typically ranges from $50 to $200, money finds, depending on the kind of phone you own and how new it is. With insurance, however, you can quickly get your device fixed, whether it's at your own home or a local repair shop.
So at this point, you’ve paid for two years of insurance ($168) plus your deductible (probably $100), all for a device that might not be as good as the one you started out with. Either way, you'll have your phone back up and running as soon as the same day. It's worth noting that your savings will double if you're expecting to need two repairs while covered.