Do I really need insurance for my smartphone?

You may have paid only $200 for your latest smartphone, but if you had to replace that device before you became eligible for a subsidy from your carrier, it could cost you more than $600. Is it worth it to get device insurance?
That’s the question I answer this time in Ask Maggie. I also offer some advice to an Apple iPhone fan who wants to know if he should wait for the next iPhone, rumored to be out in June or July.
To buy insurance or live dangerously without?
Dear Maggie,
I am getting my son an iPhone 5 for Christmas. I was wondering if I should also consider getting an insurance…

Read the original here: Do I really need insurance for my smartphone?

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