AT&T customers who own iPhones have long been paying more than twice the monthly insurance premium that owners of other phones pay on AT&T’s standard plan. New iPhone owners, however, will soon be able to sign on to the latter plan.
Starting July 17th, AT&T will extend its standard mobile insurance plan to all models of the iPhone, reports MacRumors.
The plan costs $4.99 per month with a $50 or $125 deductible, depending on which iPhone you have. Unlike Apple’s own two-year $69 plan, AT&T’s insurance covers accidental damage, theft and loss.
This is an improvement over the current $11.99 per month plan that AT&T offers customers through a third party, which was an improvement over its original insurance offering for the phone: zilch.
Unfortunately, only phones that have been activated or updated within 30 days are eligible to enroll in AT&T’s standard plan. So if you activated your phone before June 4th, you’re still out of luck.