Suhit Gupta
07-01-2005, 09:00 PM
<div class='os_post_top_link'><a href='http://cbs5.com/consumer/local_story_181192113.html' target='_blank'>http://cbs5.com/consumer/local_story_181192113.html</a><br /><br /></div><i>"But a new kind of insurance plan will cover you in case of theft, loss or accidental damage to your gadget. A growing number of insurance companies now offer special policies, or riders you can tag on to your existing homeowner’s insurance. The cost can vary, but is usually around $5 a month for a cell phone or iPod. Consumer advocates like Doug Heller worry about the cost, and the fine print. They say some policies may include deductibles of up to $100, and may contain coverage exceptions and replacement limitations."</i><br /><br />Interesting insurance plan for those of you that tend to break or lose devices. I find that the monthly fee is a bit high, but more than that, the deductable seems to make it not worth it, especially for the small $200-300 devices. But, it might be worth it for expensive toys like Digital SLRs and lenses. What do you guys think?