In the past, consumers typically reserved insurance plans for high-ticket or priceless items - cars, homes, health, and their lives. But as nearly half of consumers admit they couldn’t live without their devices today, mobile phones too are being added to the list of commonly insured items.
Despite the growing value of mobile phone insurance, there are still challenges on both the carrier and consumer sides. In this white paper, we consider both sides, including:
- The Current Path and the Opportunity for Change
- Convenience and Affordability
- The Risk of Fraud
- Remote Device Diagnostics - Insurance Eligibility