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What does Verizon insurance cover?

Verizon Wireless is one of the largest wireless carriers in the United States

by Luis O., CFA, FRM
26 April, 2022 - Updated on 19 September, 2022
in Insurance
Verizon insurance cover

The question has become a recurring one in the leading Internet search engines due to the doubts constantly expressed by the affiliates of this cell phone service operating in the United States for several years.

As we are here to help you, we want to answer this question clearly and quickly. If you are registered to the services of this company, you will know what kind of coverage it offers and how to act accordingly to protect your mobile or wireless phone.

Contents

  • But what is Verizon?
  • What does it cover, and how much does it cost?
    • Verizon Protection
    • Total Mobile Protection
    • Total equipment coverage
    • Wireless Phone Protection
    • Extended Warranty
  • Verizon insurance is a must-have

But what is Verizon?

Verizon Wireless is one of the largest wireless carriers in the United States. It was founded in 2000 and has gained popularity among people. Today it has a customer base of 80 million people, but the number could increase in the coming years.

In addition, it is one of the companies in its category to generate the highest revenues. It has registered more than 50 million dollars each year.

This company is headquartered in Basking Ridge, New Jersey, also known for its subsidiary Verizon Communication. Since its founding until now, they have not stopped positioning their products and services. In fact, in 2011, they innovated with 3G CDMA and 4G technology to improve their performance.

What does it cover, and how much does it cost?

Verizon insurance offers its customers up to five options, but the coverage will be directly linked to the level chosen by the customer. Let’s start with the first three options related to loss or theft, manufacturing defects, and accidental damage.

  • Verizon Protection

It is one of the company’s most prominent options, including privacy and security systems, such as specially designed software to protect the device from malware or viruses. But also the secure detection of any threat coming from web pages or WiFi networks.

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Other especially useful services are the protection against identity theft, social network monitoring, and lost wallet guidance.

Do you want to identify unknown numbers calling your cell phone? This system offers a platform called Call Filter, which is also capable of blocking unwanted calls.

The price for this insurance plan is $14 per month for phones belonging to level 2 and $17 per month for level 1 devices.

  • Total Mobile Protection

It offers the same services as the Mobile Protection plan but guarantees an extra benefit: Verizon Tech Coach. The price of this service varies, and here are the amounts:

  • $12 per month for Tier 2 devices.
  • $15 per month for all phones belonging to level 1.
  • $45 per month for the Total Mobile Protection Multi-Device plan, which is possible for several phones with the same service.
  • $11 per month per line if you add up to 7 lines to the above plan.
  • $45 per month for the Total Mobile Protection Multi-Device Enterprise plan if you include between 3 and 10 lines.
  • $129 per month for the same service, but 11 and 24 lines.
  • $239 per month for this same plan if the registered lines are 25 to 49.
  • Total equipment coverage

This service is beneficial because it guarantees full coverage against accidental damage, breakdown, theft, or loss. It also covers factory defects, even if the warranty has expired.

The amount required for the different coverage plans is $9 and $249. But the amount to be paid will vary according to the model chosen.

The plans we will discuss insure wireless phones against loss, theft, or damage due to an accident. But it does not guarantee coverage when it comes to manufacturing defects.

  • Wireless Phone Protection

Through the Wireless Phone Protection System, the wireless phone is protected against theft, damage, and loss. However, it does not cover factory damage after the warranty period has expired.

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Nor does it guarantee coverage for damage due to use, misuse, wear and tear, or neglect. Likewise, it does not respond to modifications or alterations to your system, cell phones with unreadable serial numbers, torn labels, damage due to immersion, or spills.

  • Extended Warranty

An extended warranty is when Verizon covers any manufacturing defect, even if the original contract has expired. However, it does not cover any lost, damaged, or stolen accessories or batteries. This plan is a must-have for many people, as you can enjoy it for as little as $5 per month. It features no excess and does not restrict the number of Verizon insurance claims.

Verizon insurance is a must-have

Verizon is an indisputable option today, especially for those who usually lose or damage their cell phones. But also for those who find it difficult to use technical support services or identity theft protection systems.

While not the cheapest alternative on the market, Verizon has become the best valued option. Choosing any of the plans offered is no easy task. As a recommendation, you should thoroughly evaluate each proposal and choose the one that fits your needs and requirements.

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    • Walgreens accepted insurance
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